CBIZ (CBZ) Set to Announce Quarterly Earnings on Wednesday

CBIZ (NYSE:CBZ) is scheduled to announce its earnings results before the market opens on Wednesday, February 14th. Analysts expect the company to announce earnings of $0.02 per share for the quarter.

CBIZ (CBZ) opened at $16.05 on Tuesday. The firm has a market capitalization of $874.87, a P/E ratio of 19.81 and a beta of 0.82. The company has a current ratio of 1.54, a quick ratio of 1.54 and a debt-to-equity ratio of 0.39. CBIZ has a 12-month low of $13.00 and a 12-month high of $17.25.

A number of equities analysts have weighed in on the company. Zacks Investment Research downgraded CBIZ from a “hold” rating to a “sell” rating in a research report on Thursday, February 1st. ValuEngine downgraded CBIZ from a “buy” rating to a “hold” rating in a research report on Friday, December 1st.

In other CBIZ news, insider Michael P. Kouzelos sold 35,000 shares of the business’s stock in a transaction that occurred on Tuesday, December 12th. The stock was sold at an average price of $14.95, for a total transaction of $523,250.00. Following the transaction, the insider now owns 287,972 shares of the company’s stock, valued at $4,305,181.40. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, Director Steven L. Gerard sold 9,899 shares of the business’s stock in a transaction that occurred on Friday, December 8th. The stock was sold at an average price of $15.00, for a total value of $148,485.00. Following the transaction, the director now directly owns 333,382 shares in the company, valued at approximately $5,000,730. The disclosure for this sale can be found here. In the last three months, insiders have sold 105,053 shares of company stock worth $1,575,512. Company insiders own 6.90% of the company’s stock.

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CBIZ Company Profile

CBIZ, Inc (CBIZ) is engaged in the professional services business. The Company operates its professional services business through acquiring and integrating accounting and financial service providers, group health benefits consulting firms, property and casualty brokerage firms, payroll service providers, and valuation and other service firms throughout the United States.

Earnings History for CBIZ (NYSE:CBZ)

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