CBIZ Inc (NYSE: CBZ) has reported E.P.S. of $1.53 for its first fiscal quarter (ending March 31) versus $1.45 for the same period a year ago. For the latest four quarters through March 31, E.P.S. were $2.50 compared to $2.35 a year ago.
Recent Price Action
On 4/25/24, CBIZ Inc (NYSE: CBZ) stock declined by -3.6%, closing at $75.53. Moreover, this decline was accompanied by exceptionally high trading volume at 205% of normal. The stock has risen 2.5% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, CBZ is expected to continue to be an important Value Builder.
CBIZ has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. CBIZ has a poor Appreciation Score of 29 but a very high Power Rating of 94, resulting in the High Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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