CBZ Stock Summary and Trading Ideas (Cbiz | NYSE:CBZ)

CBIZ Inc through its subsidiaries provides professional business services. Its business units have been aggregated into three practice groups: Financial Services, Benefits and Insurance Services, and National Practices. The company provides its services to various industries such as Agribusiness, Agribusiness, SAAS, Construction, Health Care, Oil and Gas, Real Estate, Retail, Financial Institutions, and Government among others. It derives the majority of its revenues from the Financial Services segment and geographically from the United States.

Cbiz trades on the NYSE stock market under the symbol CBZ.

As of November 27, 2024, CBZ stock price declined to $82.44 with 284,113 million shares trading.

CBZ has a beta of 1.08, meaning it tends to be more sensitive to market movements. CBZ has a correlation of 0.17 to the broad based SPY ETF.

CBZ has a market cap of $4.14 billion. This is considered a Mid Cap stock.

Last quarter Cbiz reported $439 million in Revenue and $.84 earnings per share. This fell short of revenue expectation by $-3 million and exceeded earnings estimates by $.08.

In the last 3 years, CBZ traded as high as $86.36 and as low as $35.32.

The top ETF exchange traded funds that CBZ belongs to (by Net Assets): IWM, VTI, VB, VXF, VBK.

CBZ has outperformed the market in the last year with a price return of +41.3% while the SPY ETF gained +33.1%. CBZ has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +15.2% and +5.7%, respectively, while the SPY returned +7.1% and +0.3%, respectively.

CBZ support price is $81.52 and resistance is $84.48 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CBZ shares will trade within this expected range on the day.