Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks.
Luckily, Zacks has developed its own Style Scores system in an effort to find stocks with specific traits. Value investors will be interested in the system's "Value" category. Stocks with both "A" grades in the Value category and high Zacks Ranks are among the strongest value stocks on the market right now.
CBIZ (CBZ - Free Report) is a stock many investors are watching right now. CBZ is currently sporting a Zacks Rank #2 (Buy) and an A for Value. The stock has a Forward P/E ratio of 13.83. This compares to its industry's average Forward P/E of 14.70. Over the last 12 months, CBZ's Forward P/E has been as high as 30.87 and as low as 13.83, with a median of 20.19.
Value investors also frequently use the P/S ratio. This metric is found by dividing a stock's price with the company's revenue. This is a popular metric because sales are harder to manipulate on an income statement, so they are often considered a better performance indicator. CBZ has a P/S ratio of 1.07. This compares to its industry's average P/S of 1.32.
These are just a handful of the figures considered in CBIZ's great Value grade. Still, they help show that the stock is likely being undervalued at the moment. Add this to the strength of its earnings outlook, and we can clearly see that CBZ is an impressive value stock right now.
Investors interested in Business Services stocks should always be looking to find the best-performing companies in the group. Is CBIZ (CBZ - Free Report) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.
CBIZ is one of 248 companies in the Business Services group. The Business Services group currently sits at #12 within the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.
The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. CBIZ is currently sporting a Zacks Rank of #2 (Buy).
Over the past three months, the Zacks Consensus Estimate for CBZ's full-year earnings has moved 0.7% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Based on the most recent data, CBZ has returned 7.9% so far this year. Meanwhile, stocks in the Business Services group have lost about 8.2% on average. This means that CBIZ is performing better than its sector in terms of year-to-date returns.
FactSet Research (FDS - Free Report) is another Business Services stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 5.3%.
Over the past three months, FactSet Research's consensus EPS estimate for the current year has increased 1.3%. The stock currently has a Zacks Rank #2 (Buy).
To break things down more, CBIZ belongs to the Consulting Services industry, a group that includes 13 individual companies and currently sits at #51 in the Zacks Industry Rank.
In contrast, FactSet Research falls under the Business - Information Services industry. Currently, this industry has 7 stocks and is ranked #78.
Investors interested in the Business Services sector may want to keep a close eye on CBIZ and FactSet Research as they attempt to continue their solid performance.
Kforce (NASDAQ:KFRC – Get Free Report) and CBIZ (NYSE:CBZ – Get Free Report) are both industrials companies, but which is the superior business? We will compare the two businesses based on the strength of their dividends, valuation, risk, profitability, analyst recommendations, earnings and institutional ownership.
Volatility & Risk Kforce has a beta of 0.85, suggesting that its stock price is 15% less volatile than the S&P 500. Comparatively, CBIZ has a beta of 0.92, suggesting that its stock price is 8% less volatile than the S&P 500.
Earnings and Valuation This table compares Kforce and CBIZ”s gross revenue, earnings per share (EPS) and valuation.
Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio Kforce $1.34 billion 0.73 $50.41 million $2.12 25.70 CBIZ $2.76 billion 1.07 $115.44 million $2.14 25.43 CBIZ has higher revenue and earnings than Kforce. CBIZ is trading at a lower price-to-earnings ratio than Kforce, indicating that it is currently the more affordable of the two stocks.
Profitability This table compares Kforce and CBIZ’s net margins, return on equity and return on assets.
Net Margins Return on Equity Return on Assets Kforce 3.59% 30.34% 13.76% CBIZ 4.73% 12.33% 5.02% Institutional & Insider Ownership 92.8% of Kforce shares are held by institutional investors. Comparatively, 87.4% of CBIZ shares are held by institutional investors. 7.3% of Kforce shares are held by company insiders. Comparatively, 4.1% of CBIZ shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.
Analyst Ratings This is a breakdown of current ratings and recommmendations for Kforce and CBIZ, as reported by MarketBeat.com.
Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Kforce 0 3 2 0 2.40 CBIZ 0 5 3 0 2.38 Kforce currently has a consensus price target of $60.67, indicating a potential upside of 11.34%. CBIZ has a consensus price target of $44.50, indicating a potential downside of 18.21%. Given Kforce’s stronger consensus rating and higher possible upside, equities research analysts plainly believe Kforce is more favorable than CBIZ.
Summary CBIZ beats Kforce on 8 of the 14 factors compared between the two stocks.
About Kforce (Get Free Report)
Kforce Inc. provides professional staffing services and solutions in the United States. It operates through two segments, Technology, and Finance and Accounting (FA). The Technology segment provides talent solutions to its clients primarily in the areas of information technology, such as systems/applications architecture and development, data management and analytics, business and artificial intelligence, machine learning, project and program management, and network architecture and security. This segment serves clients in various industries comprising financial and business services, communications, insurance, retail, and technology industries. The FA businesses segment offers talent solutions to its clients in areas, including financial planning and analysis, business intelligence analysis, general accounting, transactional accounting, business and cost analysis, and taxation and treasury. It also provides consultants in lower skilled areas comprising loan servicing and support, customer and call center support, data entry, and other administrative roles. This segment serves clients in various industries, including financial and business services, healthcare, and manufacturing sectors. The company was founded in 1962 and is headquartered in Tampa, Florida.
About CBIZ (Get Free Report)
CBIZ, Inc. provides financial, insurance, and advisory services in the United States and Canada. It operates through Financial Services, Benefits and Insurance Services, and National Practices segments. The Financial Services segment offers accounting and tax, financial advisory, valuation, risk and advisory, and government healthcare consulting services. The Benefits and Insurance Services provides employee benefits consulting, payroll/human capital management, property and casualty insurance, and retirement and investment services. The National Practices segment offers information technology managed networking and hardware, and health care consulting services. The company primarily serves small and medium-sized businesses, as well as individuals, governmental entities, and not-for-profit enterprises. CBIZ, Inc. was incorporated in 1987 and is headquartered in Independence, Ohio.
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For Immediate ReleaseChicago, IL – August 25, 2026 – Today, Zacks Equity Gartner, Inc. (IT - Free Report) , CBIZ, Inc. (CBZ - Free Report) and Huron Consulting Group Inc. (HURN - Free Report)
Economic strength, encouraging service activities and the success of the work-from-home trend enable Zacks Consulting Services industry players to meet demand.
Driven by these positives, investors interested in the industry would do well to consider including stocks like Gartner, Inc., CBIZ, Inc. and Huron Consulting Group Inc. in their portfolios.
About the IndustryCompanies grouped under the Consulting Services category offer professional advice in management, IT, human resources, environmental regulations, logistics, marketing and real estate, serving multiple end markets. The space includes prominent names like Accenture and Gartner.
The industry focuses on channeling money and efforts toward more effective operational components, such as technology, digital transformation and data-driven decision-making. To position themselves suitably in the post-pandemic era and better utilize the opportunities that an economic recovery will bring, service providers are increasing their efforts to formulate and reassess strategic initiatives, identify sources of demand and target end markets.
What's Shaping the Future of the Consulting Services Industry?Exponential Growth: This multi-billion-dollar industry has entered a trajectory of exponential expansion since the 2008 financial crisis, fueled by digital transformation and innovation-driven efficiencies. The trend has sustained steady revenues, profits and cash-flow growth, enabling most industry players to distribute stable dividends.
Economic Recovery: The sector is a major beneficiary of the broader economy and increasingly digital-driven service activities. According to the second estimate released by the Bureau of Economic Analysis, the economy remained resilient, with GDP growing 1.5% in the second quarter of 2026 compared with a 2.1% rise in the first quarter. Non-manufacturing activities remained strong, as reflected in the July Services PMI, which stayed in expansion territory for the 25th consecutive month.
Strong Demand Environment: The consulting services industry remains among the least disrupted by recent global uncertainties. Even in volatile conditions, organizations seek extensive guidance on safeguarding their workforce while strengthening ties with consumers and shareholders. The industry was an early pioneer of remote collaboration, now embedded in the new normal. Its work model allows players to operate efficiently, increasingly powered by AI-driven insights, digital platforms, and agile delivery frameworks.
Zacks Industry Rank Indicates Bright ProspectsThe Consulting Services industry, which is housed within the broader Business Services sector, currently carries a Zacks Industry Rank of #42. This rank places it in the top 17% of 247 Zacks industries.
The group’s Zacks Industry Rank, which is the average of the Zacks Rank of all the member stocks, indicates solid near-term growth prospects. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than two to one.
Before we present a few stocks that you may want to consider for your portfolio, let’s take a look at the industry’s recent stock market performance and current valuation.
Industry's Price PerformanceThe Consulting Services industry has underperformed the S&P 500 composite and the broader sector in the past year. The industry has declined 24.2% against the S&P 500 composite’s growth of 21.3% and the broader sector’s 16.4% decline.
Industry's Current ValuationOn the basis of the forward 12-month price-to-earnings (P/E) ratio, which is a commonly used multiple for valuing consulting services companies, we see that the industry is currently trading at 15.16X, below the S&P 500’s 20.37X and the sector’s 18.23X.
Over the past five years, the industry has traded as high as 31.53X and as low as 12.41X, with a median of 26.00X.
3 Consulting Services Stocks to ConsiderGartner: The company’s differentiated information technology research and advisory services expertise is the primary catalyst of its overall growth. The company’s broad portfolio and low customer concentration support recurring demand across business and technology functions, strengthening top-line growth prospects.
Gartner delivers strong value to its clients through its subscription-oriented research platform, which utilizes the depth and breadth of intellectual capital to create and distribute research content. The broad range of services such as Insights, Consulting and Conferences with specialized industry expertise and global reach differentiate Gartner from its competitors. This diversification enables the company to mitigate the impacts of economic cycles, crises, events, and changes in a particular practice, industry, or country.
The Zacks Consensus Estimate for the company’s 2026 EPS has increased 5.6% in the past 60 days to $14.42. IT currently sports a Zacks Rank #1 (Strong Buy). The stock has gained 32.6% in the past month. You can see the complete list of today’s Zacks #1 Rank stocks here.
Huron Consulting: Technological innovation and record demand across healthcare, higher education and commercial sectors continue to raise both complexity and safety expectations, and Huron Consulting is well-positioned to capitalize on these shifts. With a strong foundation of talent, deep multidisciplinary expertise, transformative innovations and acquisitions, it delivered growth in the consulting industry.
The company continues to innovate and use artificial intelligence to improve services and gain broader access to different markets. Recently, it acquired RelateCare, a leading provider of AI-enabled clinical and patient access solutions, to strengthen its patient access and care coordination capabilities. Growing health concerns further support the company’s ability to achieve sustainable growth and create long-term shareholder value.
The Zacks Consensus Estimate for the company’s 2026 EPS has increased by nearly 1.1% in the past 60 days to $9.18. The stock has surged 40.4% in the past month. EXPO currently sports a Zacks Rank #1.
CBIZ: With its service breadth and specialized expertise, this provider of financial, insurance and advisory services has established itself as one of the largest professional services providers for middle-market businesses, solidifying its competitive edge and long-term growth potential.
CBIZ is entering a strong growth phase, fueled by strategic expansion and a reinforced market position. The integration of Marcum has unlocked new synergies, enhanced service offerings, and strengthened relationships with clients and stakeholders. The Marcum transaction significantly expands CBIZ’s capabilities and client base, positioning the firm for broader market reach and cross-selling opportunities.
The Zacks Consensus Estimate for the company’s 2026 EPS has increased 0.7% in the past 60 days to $4.10. The stock has gained 23.2% in the past month. CBIZ currently carries a Zacks Rank #2 (Buy).
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Economic strength, encouraging service activities and the success of the work-from-home trend enable Zacks Consulting Services industry players to meet demand.
Driven by these positives, investors interested in the industry would do well to consider including stocks like Gartner, Inc. (IT - Free Report) , CBIZ, Inc. (CBZ - Free Report) and Huron Consulting Group Inc. (HURN - Free Report) in their portfolios.
About the Industry Companies grouped under the Consulting Services category offer professional advice in management, IT, human resources, environmental regulations, logistics, marketing and real estate, serving multiple end markets. The space includes prominent names like Accenture and Gartner. The industry focuses on channeling money and efforts toward more effective operational components, such as technology, digital transformation and data-driven decision-making. To position themselves suitably in the post-pandemic era and better utilize the opportunities that an economic recovery will bring, service providers are increasing their efforts to formulate and reassess strategic initiatives, identify sources of demand and target end markets.
What's Shaping the Future of the Consulting Services Industry? Exponential Growth: This multi-billion-dollar industry has entered a trajectory of exponential expansion since the 2008 financial crisis, fueled by digital transformation and innovation-driven efficiencies. The trend has sustained steady revenues, profits and cash-flow growth, enabling most industry players to distribute stable dividends.
Economic Recovery: The sector is a major beneficiary of the broader economy and increasingly digital-driven service activities. According to the second estimate released by the Bureau of Economic Analysis, the economy remained resilient, with GDP growing 1.5% in the second quarter of 2026 compared with a 2.1% rise in the first quarter. Non-manufacturing activities remained strong, as reflected in the July Services PMI, which stayed in expansion territory for the 25th consecutive month.
Strong Demand Environment: The consulting services industry remains among the least disrupted by recent global uncertainties. Even in volatile conditions, organizations seek extensive guidance on safeguarding their workforce while strengthening ties with consumers and shareholders. The industry was an early pioneer of remote collaboration, now embedded in the new normal. Its work model allows players to operate efficiently, increasingly powered by AI-driven insights, digital platforms, and agile delivery frameworks.
Zacks Industry Rank Indicates Bright Prospects The Consulting Services industry, which is housed within the broader Business Services sector, currently carries a Zacks Industry Rank of #42. This rank places it in the top 17% of 247 Zacks industries.
The group’s Zacks Industry Rank, which is the average of the Zacks Rank of all the member stocks, indicates solid near-term growth prospects. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than two to one.
Before we present a few stocks that you may want to consider for your portfolio, let’s take a look at the industry’s recent stock market performance and current valuation.
Industry's Price Performance The Consulting Services industry has underperformed the S&P 500 composite and the broader sector in the past year. The industry has declined 24.2% against the S&P 500 composite’s growth of 21.3% and the broader sector’s 16.4% decline.
Industry's Current Valuation On the basis of the forward 12-month price-to-earnings (P/E) ratio, which is a commonly used multiple for valuing consulting services companies, we see that the industry is currently trading at 15.16X, below the S&P 500’s 20.37X and the sector’s 18.23X.
Over the past five years, the industry has traded as high as 31.53X and as low as 12.41X, with a median of 26.00X, as the charts below show.
Price-to-Forward 12-Month P/E Ratio
Price-to-Forward 12-Month P/E Ratio
3 Consulting Services Stocks to Consider Gartner: The company’s differentiated information technology research and advisory services expertise is the primary catalyst of its overall growth. The company’s broad portfolio and low customer concentration support recurring demand across business and technology functions, strengthening top-line growth prospects.
Gartner delivers strong value to its clients through its subscription-oriented research platform, which utilizes the depth and breadth of intellectual capital to create and distribute research content. The broad range of services such as Insights, Consulting and Conferences with specialized industry expertise and global reach differentiate Gartner from its competitors. This diversification enables the company to mitigate the impacts of economic cycles, crises, events, and changes in a particular practice, industry, or country.
The Zacks Consensus Estimate for the company’s 2026 EPS has increased 5.6% in the past 60 days to $14.42. IT currently sports a Zacks Rank #1 (Strong Buy). The stock has gained 32.6% in the past month. You can see the complete list of today’s Zacks #1 Rank stocks here.
Price & Consensus: IT
Huron Consulting: Technological innovation and record demand across healthcare, higher education and commercial sectors continue to raise both complexity and safety expectations, and Huron Consulting is well-positioned to capitalize on these shifts. With a strong foundation of talent, deep multidisciplinary expertise, transformative innovations and acquisitions, it delivered growth in the consulting industry.
The company continues to innovate and use artificial intelligence to improve services and gain broader access to different markets. Recently, it acquired RelateCare, a leading provider of AI-enabled clinical and patient access solutions, to strengthen its patient access and care coordination capabilities. Growing health concerns further support the company’s ability to achieve sustainable growth and create long-term shareholder value.
The Zacks Consensus Estimate for the company’s 2026 EPS has increased by nearly 1.1% in the past 60 days to $9.18. The stock has surged 40.4% in the past month. EXPO currently sports a Zacks Rank #1.
Price & Consensus: HURN
CBIZ: With its service breadth and specialized expertise, this provider of financial, insurance and advisory services has established itself as one of the largest professional services providers for middle-market businesses, solidifying its competitive edge and long-term growth potential.
CBIZ is entering a strong growth phase, fueled by strategic expansion and a reinforced market position. The integration of Marcum has unlocked new synergies, enhanced service offerings, and strengthened relationships with clients and stakeholders. The Marcum transaction significantly expands CBIZ’s capabilities and client base, positioning the firm for broader market reach and cross-selling opportunities.
The Zacks Consensus Estimate for the company’s 2026 EPS has increased 0.7% in the past 60 days to $4.10. The stock has gained 23.2% in the past month. CBIZ currently carries a Zacks Rank #2 (Buy).
While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.
Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits.
Zacks has developed the innovative Style Scores system to highlight stocks with specific traits. For example, value investors will be interested in stocks with great grades in the "Value" category. When paired with a high Zacks Rank, "A" grades in the Value category are among the strongest value stocks on the market today.
One company value investors might notice is CBIZ (CBZ - Free Report) . CBZ is currently sporting a Zacks Rank #2 (Buy), as well as an A grade for Value. The stock has a Forward P/E ratio of 13.83. This compares to its industry's average Forward P/E of 14.55. CBZ's Forward P/E has been as high as 30.87 and as low as 13.83, with a median of 20.19, all within the past year.
Value investors also use the P/S ratio. The P/S ratio is calculated as price divided by sales. Some people prefer this metric because sales are harder to manipulate on an income statement. This means it could be a truer performance indicator. CBZ has a P/S ratio of 1.07. This compares to its industry's average P/S of 1.3.
These figures are just a handful of the metrics value investors tend to look at, but they help show that CBIZ is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, CBZ feels like a great value stock at the moment.
Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. But finding a great growth stock is not easy at all.
In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end.
However, it's pretty easy to find cutting-edge growth stocks with the help of the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyond the traditional growth attributes to analyze a company's real growth prospects.
Our proprietary system currently recommends CBIZ (CBZ - Free Report) as one such stock. This company not only has a favorable Growth Score, but also carries a top Zacks Rank.
Studies have shown that stocks with the best growth features consistently outperform the market. And returns are even better for stocks that possess the combination of a Growth Score of A or B and a Zacks Rank #1 (Strong Buy) or 2 (Buy).
While there are numerous reasons why the stock of this provider of outsourced business services is a great growth pick right now, we have highlighted three of the most important factors below:
Earnings GrowthArguably nothing is more important than earnings growth, as surging profit levels is what most investors are after. And for growth investors, double-digit earnings growth is definitely preferable, and often an indication of strong prospects (and stock price gains) for the company under consideration.
While the historical EPS growth rate for CBIZ is 19.2%, investors should actually focus on the projected growth. The company's EPS is expected to grow 13.5% this year, crushing the industry average, which calls for EPS growth of 10.5%.
Cash Flow GrowthWhile cash is the lifeblood of any business, higher-than-average cash flow growth is more important and beneficial for growth-oriented companies than for mature companies. That's because, growth in cash flow enables these companies to expand their businesses without depending on expensive outside funds.
Right now, year-over-year cash flow growth for CBIZ is 80.5%, which is higher than many of its peers. In fact, the rate compares to the industry average of 6.1%.
While investors should actually consider the current cash flow growth, it's worth taking a look at the historical rate too for putting the current reading into proper perspective. The company's annualized cash flow growth rate has been 26.8% over the past 3-5 years versus the industry average of 7.3%.
Promising Earnings Estimate RevisionsSuperiority of a stock in terms of the metrics outlined above can be further validated by looking at the trend in earnings estimate revisions. A positive trend is of course favorable here. Empirical research shows that there is a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
There have been upward revisions in current-year earnings estimates for CBIZ. The Zacks Consensus Estimate for the current year has surged 0.7% over the past month.
Bottom LineWhile the overall earnings estimate revisions have made CBIZ a Zacks Rank #2 stock, it has earned itself a Growth Score of B based on a number of factors, including the ones discussed above.
You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
This combination indicates that CBIZ is a potential outperformer and a solid choice for growth investors.
Key Takeaways Four consulting stocks have gained more than 25% in the past month amid industry expansion.Gartner's current-year earnings estimate has improved 6.1% over the last 30 days. Huron Consulting expects 17.2% earnings growth this year, with estimates up 5.4%. The consulting services industry has been one of the least disrupted by the recent global uncertainties. Even in volatile conditions, organizations seek extensive guidance on how to safeguard their workforce while strengthening ties with consumers and shareholders.
This multi-billion-dollar industry has entered a trajectory of exponential expansion fueled by digital transformation and innovation-driven efficiencies. The industry’s work model allows players to operate efficiently, increasingly powered by AI-driven insights, digital platforms and agile delivery frameworks.
The Zacks-defined Consulting Services industry is currently within the top 17% of the Zacks Industry Rank. Since it is ranked in the top half of the Zacks Ranked Industries, we expect it to outperform the market over the next three to six months.
Here, we have narrowed our search to four consulting services stocks with a favorable Zacks Rank that have flourished (providing more than 25% returns) in the past month. Investment in these stocks should be fruitful in the balance of 2026.
These stocks are: Gartner Inc. (IT - Free Report) , Huron Consulting Group Inc. (HURN - Free Report) , CBIZ Inc. (CBZ - Free Report) and Information Services Group Inc. (III - Free Report) . Each of our picks currently carries either a Zacks Rank #1 (Strong Buy) or 2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
The chart below shows the price performance of our four picks in the past month.
Image Source: Zacks Investment Research
Gartner Inc.Zacks Rank #1 Gartner uses analyst-driven insights and advisory services, along with CEB’s best practices, to differentiate its services globally. The 2017 acquisition of CEB further reinforced IT’s market strength.
IT’s ability to improve its top line is vested in its strategy to reduce operating risks, which it achieves through product and service differentiation and low customer concentration. The actionable insights provided by Gartner that maximize returns on capital investments enable it to charge a premium for its services. IT’s share repurchase strategy boosts the bottom line.
Strong Estimate RevisionsGartner has an expected revenue and earnings growth rate of -1.3% and 9.6%, respectively, for the current year. The Zacks Consensus Estimate for the current year’s earnings has improved 6.1% over the last 30 days.
IT has an expected revenue and earnings growth rate of 3.9% and 17.3%, respectively, for the next year. The Zacks Consensus Estimate for next year’s earnings has improved 9.9% over the last 30 days.
Huron Consulting Group Inc.Zacks Rank #1 Huron Consulting is an independent provider of financial and operational consulting services. HURN’s experienced and credentialed professionals employ their expertise in accounting, finance, economics and operations to a wide variety of both financially sound and distressed organizations.
HURN services Fortune 500 companies, medium-sized businesses, leading academic institutions, healthcare organizations and the law firms that represent these various organizations. HURN operates through three segments: Healthcare, Education, and Commercial.
Strong Estimate RevisionsHuron Consulting has an expected revenue and earnings growth rate of 12.4% and 17.2%, respectively, for the current year. The Zacks Consensus Estimate for the current year’s earnings has improved 5.4% over the last 30 days.
HURN has an expected revenue and earnings growth rate of 8.9% and 15.6%, respectively, for the next year. The Zacks Consensus Estimate for next year’s earnings has improved 4.7% over the last 30 days.
CBIZ Inc. Zacks Rank #2 CBIZ provides professional business services that help clients better manage their finances and employees. CBZ provides its clients with financial services including accounting, tax, financial advisory, government health care consulting, risk advisory, merger and acquisition advisory, real estate consulting, and valuation services.
CBZ’s Employee services include employee benefits consulting, property and casualty insurance, retirement plan consulting, payroll, life insurance, HR consulting, and executive recruitment.
As one of the nation's largest brokers of employee benefits and property and casualty insurance, and one of the largest accounting and valuation companies in the United States, CBZ’s services are provided through nearly 100 Company offices in 32 states.
Strong Estimate RevisionsCBIZ has an expected revenue and earnings growth rate of 2.9% and 13.6%, respectively, for the current year. The Zacks Consensus Estimate for the current year’s earnings has improved 0.7% over the last 30 days.
CBZ has an expected revenue and earnings growth rate of 4.2% and 8.9%, respectively, for the next year. The Zacks Consensus Estimate for next year’s earnings has improved 0.2% over the last 30 days.
Information Services Group Inc.Zacks Rank #2 Information Services Group operates as an AI-centered technology research and advisory company in the Americas, Europe, and the Asia Pacific. III's first acquisition — TPI, the world's leading data and advisory firm in global sourcing — provides a solid platform upon which to build a prominent, high-growth information-based services company.
III's strategy is to acquire and grow dynamic, innovative businesses that provide must-have information-based services to such sectors as consumer products, retailing, financial services, manufacturing, media, marketing, healthcare, legal, government, telecommunications and technology.
Strong Estimate RevisionsInformation Services Group has an expected revenue and earnings growth rate of 3.9% and 15.2%, respectively, for the current year. The Zacks Consensus Estimate for the current year’s earnings has improved 2.7% over the last 30 days.
III has an expected revenue and earnings growth rate of 4% and 17.9%, respectively, for the next year. The Zacks Consensus Estimate for next year’s earnings has remained the same over the last 30 days.
The Business Services group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. CBIZ (CBZ - Free Report) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Business Services sector should help us answer this question.
CBIZ is one of 246 companies in the Business Services group. The Business Services group currently sits at #10 within the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.
The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. CBIZ is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for CBZ's full-year earnings has moved 0.7% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
According to our latest data, CBZ has moved about 8% on a year-to-date basis. At the same time, Business Services stocks have lost an average of 7.7%. This means that CBIZ is performing better than its sector in terms of year-to-date returns.
Another Business Services stock, which has outperformed the sector so far this year, is Esco Technologies (ESE - Free Report) . The stock has returned 56.5% year-to-date.
The consensus estimate for Esco Technologies' current year EPS has increased 1.9% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
To break things down more, CBIZ belongs to the Consulting Services industry, a group that includes 13 individual companies and currently sits at #43 in the Zacks Industry Rank. On average, this group has lost an average of 17.6% so far this year, meaning that CBZ is performing better in terms of year-to-date returns.
Esco Technologies, however, belongs to the Technology Services industry. Currently, this 121-stock industry is ranked #154. The industry has moved -7.6% so far this year.
Investors with an interest in Business Services stocks should continue to track CBIZ and Esco Technologies. These stocks will be looking to continue their solid performance.
Insiders may stand to receive substantial financial benefits not available to ordinary shareholders.
The proposed transactions may contain terms that could limit superior competing offers.
Shareholders are encouraged to contact the firm to discuss their rights and options at no cost or obligation. We would handle any matter on a contingent fee basis, whereby you would not be responsible for out-of-pocket payment of our legal fees or expenses.
, /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
MarketAxess Holdings Inc. (NASDAQ: MKTX)'s sale to Intercontinental Exchange, Inc. for $167.00 per share in cash. If you are a MarketAxess shareholder, click here to learn more about your legal rights and options.
CBIZ, Inc. (NYSE: CBZ)'s sale to Grant Thornton Advisors LLC for $55.00 in cash per share. If you are a CBIZ shareholder, click here to learn more about your legal rights and options.
On behalf of shareholders, Halper Sadeh LLC may seek increased consideration, additional disclosures and information, or other relief and benefits.
Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Halper Sadeh LLC
Daniel Sadeh, Esq.
Zachary Halper, Esq.
One World Trade Center
85th Floor
New York, NY 10007
(212) 763-0060
[email protected]
[email protected]
https://www.halpersadeh.com
California State Teachers Retirement System increased its stake in shares of CBIZ, Inc. (NYSE:CBZ – Free Report) by 36.2% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 63,110 shares of the business services provider’s stock after buying an additional 16,785 shares during the quarter. California State Teachers Retirement System owned 0.12% of CBIZ worth $1,695,000 at the end of the most recent reporting period.
Several other institutional investors have also bought and sold shares of the stock. Durable Capital Partners LP acquired a new position in CBIZ during the third quarter worth $207,872,000. 22C Capital LLC acquired a new stake in shares of CBIZ in the 4th quarter valued at $161,554,000. Bank of Montreal Can acquired a new stake in shares of CBIZ in the 4th quarter valued at $113,596,000. Royce & Associates LP grew its holdings in shares of CBIZ by 389.3% in the 4th quarter. Royce & Associates LP now owns 659,140 shares of the business services provider’s stock worth $33,254,000 after purchasing an additional 524,438 shares during the last quarter. Finally, Citadel Advisors LLC grew its holdings in shares of CBIZ by 253.6% in the 3rd quarter. Citadel Advisors LLC now owns 623,060 shares of the business services provider’s stock worth $32,997,000 after purchasing an additional 446,876 shares during the last quarter. Institutional investors and hedge funds own 87.44% of the company’s stock.
Analyst Ratings Changes A number of equities research analysts recently issued reports on CBZ shares. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $42.00 target price on shares of CBIZ in a research report on Thursday, April 30th. CJS Securities cut shares of CBIZ from a “market outperform” rating to a “market perform” rating and set a $55.00 price objective on the stock. in a research note on Thursday, July 30th. US Capital Advisors set a $55.00 price objective on shares of CBIZ in a research note on Thursday, July 30th. Stephens set a $37.00 price objective on shares of CBIZ in a report on Friday, May 1st. Finally, Barrington Research assumed coverage on shares of CBIZ in a research note on Wednesday, June 24th. They issued an “outperform” rating and a $45.00 target price for the company. Three investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $44.50.
Read Our Latest Analysis on CBZ
CBIZ Price Performance Shares of CBZ stock opened at $54.60 on Thursday. The stock’s fifty day moving average is $40.26 and its 200-day moving average is $33.90. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.47 and a current ratio of 1.47. The stock has a market capitalization of $2.96 billion, a PE ratio of 25.51, a PEG ratio of 1.15 and a beta of 0.93. CBIZ, Inc. has a 52 week low of $24.29 and a 52 week high of $67.24.
CBIZ (NYSE:CBZ – Get Free Report) last announced its earnings results on Wednesday, July 29th. The business services provider reported $0.91 earnings per share for the quarter, beating analysts’ consensus estimates of $0.72 by $0.19. CBIZ had a return on equity of 12.33% and a net margin of 4.73%.The company had revenue of $682.21 million during the quarter, compared to analyst estimates of $697.96 million. During the same period last year, the company posted $0.95 earnings per share. The firm’s quarterly revenue was down .2% compared to the same quarter last year. Equities research analysts expect that CBIZ, Inc. will post 4.1 EPS for the current fiscal year.
CBIZ Profile (Free Report)
CBIZ, Inc (NYSE: CBZ), founded in 1996 and headquartered in Cleveland, Ohio, is a leading provider of professional business services in the United States. Since its inception, the company has grown through both organic expansion and strategic acquisitions to deliver a broad spectrum of financial, tax and advisory solutions tailored to the needs of small to mid-market organizations.
Through its Financial & Advisory Services segment, CBIZ offers accounting, tax preparation and compliance, audit support, and wealth management services.
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The engagement aligns with Eagle's continued progress on the Aurora Uranium Project and broader nuclear energy initiative August 05, 2026 17:18 ET | Source: Eagle Nuclear Energy Corp.
RENO, Nev., Aug. 05, 2026 (GLOBE NEWSWIRE) -- Eagle Nuclear Energy Corp. (“Eagle” or the “Company”) (NASDAQ: NUCL), a next-generation nuclear energy company that owns one of the largest conventional, measured and indicated uranium deposits in the United States, today announced that following a thorough evaluation process, it’s Audit Committee, with the approval of the Board of Directors has engaged CBIZ CPAs P.C. (“CBIZ CPAs”) to serve as the Company’s independent registered public accounting firm.
“Eagle continues to work towards development of an integrated nuclear energy platform combining domestic uranium resources with advanced SMR technology,” said Eagle CEO Mark Mukhija. “Working with CBIZ CPAs provides us with an independent auditor who will bring specialized expertise across the energy and mining sectors. We are pleased to welcome the CBIZ CPAs team and look forward to all that is ahead.”
Eagle has continued to build momentum since its public debut in February 2026, advancing initiatives that support the future of domestic nuclear energy. Anchored by the development of the Company’s flagship Aurora Uranium Project (“Aurora”), one of the largest undeveloped uranium deposits in the US, Eagle is advancing toward a Pre-Feasibility Study (“PFS”) scheduled for completion in late-2027. Eagle’s Aurora site alongside the Company’s advanced SMR technology gives the Company the ability to help restore a secure domestic nuclear supply chain that addresses the rapid growth in energy demand.
About Eagle Nuclear Energy Corp.
Eagle Nuclear Energy Corp. is a next-generation nuclear energy company that combines domestic uranium exploration with access to certain small modular reactor (“SMR”) technology. The Company owns one of the largest conventional, measured, and indicated uranium deposits in the United States, located in southeastern Oregon. This includes the Aurora deposit, with 32.75Mlbs Indicated and 4.98Mlbs Inferred (SK-1300 TRS) of near-surface uranium resource, and the adjacent Cordex deposit, which the Company believes offers potential to expand the project’s overall resource inventory. BBA USA Inc. previously completed Aurora’s S-K 1300 Mineral Resource Estimate and authored the related Technical Report Summary in August 2025, providing technical continuity as the Project advances. By integrating advanced SMR technology with a sizeable uranium asset, Eagle is building an integrated nuclear platform positioned to support domestic nuclear energy development.
For more information about Eagle Nuclear Energy Corp., visit www.eaglenuclear.com.
Certain statements included in this press release are not historical facts but are forward-looking statements. All statements other than statements of historical facts contained in this press release are forward-looking statements. Any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are also forward-looking statements. In some cases, you can identify forward-looking statements by words such as “estimate,” “plan,” “project,” “forecast,” “intend,” “expect,” “anticipate,” “believe,” “seek,” “strategy,” “future,” “opportunity,” “may,” “target,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” “preliminary,” or similar expressions that predict or indicate future events or trends or that are not statements of historical matters, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements include, without limitation, Eagle’s, or its management team’s expectations concerning the inclusion of Eagle on the Solactive Index and qualification to be included on the Global X Uranium ETF; the technical feasibility, validation, regulatory pathway, and future development of Eagle’s SMR program; Eagle’s ability to work with third-party technology providers and technical partners; the outlook for Eagle’s business; the ability to execute Eagle’s strategies and reach permitting, licensing, technical, development, and operational milestones timely or at all; projected and estimated financial performance; anticipated industry trends; the future price of minerals; future capital expenditures; success of exploration activities; mining or processing issues; government regulation of mining operations, nuclear energy development, advanced reactor technologies, and related licensing activities; and environmental risks; as well as any information concerning possible or assumed future results of operations of Eagle. The forward-looking statements are based on the current expectations of the management teams of Eagle, and are inherently subject to uncertainties and changes in circumstance and their potential effects. There can be no assurance that future developments will be those that have been anticipated. These forward-looking statements involve a number of risks, uncertainties or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to, (i) market risks; (ii) the effect of the Company’s previously completed business combination with Spring Valley Acquisition Corp. II (the “Business Combination”) on Eagle’s business relationships, performance, and business generally; (iii) risks that the Business Combination disrupts current plans of Eagle and potential difficulties in its employee retention as a result of the Business Combination; (iv) the outcome of any legal proceedings that may be instituted against Eagle related to the Business Combination; (v) failure to realize the anticipated benefits of the Business Combination; (vi) the inability to maintain the listing of Eagle’s securities on Nasdaq Capital Market or a comparable exchange; (vii) the risk that the price of Eagle’s securities may be volatile due to a variety of factors, including changes in laws, regulations, technologies, natural disasters or health epidemics/pandemics, national security tensions, and macro-economic and social environments affecting its business; (viii) fluctuations in spot and forward markets for uranium and certain other commodities (such as natural gas, fuel oil and electricity); (ix) restrictions on mining in the jurisdictions in which Eagle operates; (x) laws and regulations governing Eagle’s operation, exploration and development activities, and changes in such laws and regulations; (xi) Eagle’s ability to obtain or renew the licenses and permits necessary for the operation and expansion of its existing operations and for the development, construction and commencement of new operations; (xii) Eagle’s ability to validate, develop, license, finance, construct, commercialize, or deploy SMR technology on anticipated timelines or at all; (xiii) risks relating to nuclear energy regulation, licensing, permitting, safety review, public acceptance, and government policy; (xiv) risks that AI-enabled modeling, simulation, optimization, or other technical workstreams do not produce anticipated results or do not translate into commercially viable or licensable reactor technology; (xv) risks and hazards associated with the business of mineral exploration, development and mining (including environmental hazards, potential unintended releases of contaminants, industrial accidents, unusual or unexpected geological or structural formations, pressures, cave-ins and flooding); (xvi) inherent risks associated with tailings facilities and heap leach operations, including failure or leakages; the speculative nature of mineral exploration and development; the inability to determine, with certainty, production and cost estimates; inadequate or unreliable infrastructure (such as roads, bridges, power sources and water supplies); (xvii) environmental regulations and legislation; (xviii) the effects of climate change, extreme weather events, water scarcity, and seismic events, and the effectiveness of strategies to deal with these issues; (xix) risks relating to Eagle’s exploration operations; (xx) fluctuations in currency markets; (xxi) the volatility of the metals markets, and its potential to impact Eagle’s ability to meet its financial obligations; (xxii) disputes as to the validity of mining or exploration titles or claims or rights, which constitute most of Eagle’s property holdings; (xxiii) Eagle’s ability to complete and successfully integrate acquisitions; (xxiv) increased competition in the mining industry for properties and equipment; (xxv) limited supply of materials and supply chain disruptions; (xxvi) relations with and claims by indigenous populations; (xxvii) relations with and claims by local communities and non-governmental organizations; and (xxviii) the risk that other capital needed by Eagle may not be raised on favorable terms, or at all. The foregoing list is not exhaustive, and there may be additional risks that Eagle presently does not know or that Eagle currently believes are immaterial. You should carefully consider the foregoing factors, any other factors discussed in this press release and the other risks and uncertainties described in the registration statement on Form S-1 initially filed by Eagle on March 19, 2026, and any amendments or supplements thereto, and those discussed and identified in other filings made with the SEC by Eagle from time to time, which may be found on the SEC’s website at www.sec.gov. Eagle cautions you against placing undue reliance on forward-looking statements, which reflect current beliefs and are based on information currently available as of the date a forward-looking statement is made. Forward-looking statements set forth in this press release speak only as of the date of this press release. Eagle undertakes no obligation to revise forward-looking statements to reflect future events, changes in circumstances, or changes in beliefs. In the event that any forward-looking statement is updated, no inference should be made that Eagle will make additional updates with respect to that statement, related matters, or any other forward-looking statements.
Insiders may stand to receive substantial financial benefits not available to ordinary shareholders.
The proposed transactions may contain terms that could limit superior competing offers.
Shareholders are encouraged to contact the firm to discuss their rights and options at no cost or obligation. We would handle any matter on a contingent fee basis, whereby you would not be responsible for out-of-pocket payment of our legal fees or expenses.
, /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
CBIZ, Inc. (NYSE: CBZ)'s sale to Grant Thornton Advisors LLC for $55.00 in cash per share. If you are a CBIZ shareholder, click here to learn more about your legal rights and options.
Safety Insurance Group Inc. (NASDAQ: SAFT)'s sale to an affiliate of Mapfre S.A. for $105.00 per share in cash. If you are a Safety shareholder, click here to learn more about your rights and options.
Neuphoria Therapeutics Inc. (NASDAQ: NEUP)'s merger with Scancell Holdings plc. Upon closing of the proposed transaction, Neuphoria shareholders will own 14.5% of the combined company. If you are a Neuphoria shareholder, click here to learn more about your legal rights and options.
TriCo Bancshares (NASDAQ: TCBK)'s sale to First Hawaiian, Inc. for 2.095 First Hawaiian shares for each TriCo share. Upon closing of the proposed transaction, TriCo shareholders are expected to own approximately 35% of the combined company. If you are a TriCo shareholder, click here to learn more about your rights and options.
On behalf of shareholders, Halper Sadeh LLC may seek increased consideration, additional disclosures and information, or other relief and benefits.
Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Halper Sadeh LLC
Daniel Sadeh, Esq.
Zachary Halper, Esq.
One World Trade Center
85th Floor
New York, NY 10007
(212) 763-0060
[email protected]
[email protected]
https://www.halpersadeh.com
BALA CYNWYD, Pa., Aug. 04, 2026 (GLOBE NEWSWIRE) -- Brodsky & Smith reminds investors of the following investigations. If you own shares and wish to discuss the investigation, contact Jason Brodsky ([email protected]) or Marc Ackerman ([email protected]) at 855-576-4847. There is no cost or financial obligation to you.
Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. But finding a growth stock that can live up to its true potential can be a tough task.
By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss.
However, the task of finding cutting-edge growth stocks is made easy with the help of the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyond the traditional growth attributes to analyze a company's real growth prospects.
CBIZ (CBZ - Free Report) is on the list of such stocks currently recommended by our proprietary system. In addition to a favorable Growth Score, it carries a top Zacks Rank.
Research shows that stocks carrying the best growth features consistently beat the market. And for stocks that have a combination of a Growth Score of A or B and a Zacks Rank #1 (Strong Buy) or 2 (Buy), returns are even better.
Here are three of the most important factors that make the stock of this provider of outsourced business services a great growth pick right now.
Earnings GrowthEarnings growth is arguably the most important factor, as stocks exhibiting exceptionally surging profit levels tend to attract the attention of most investors. For growth investors, double-digit earnings growth is highly preferable, as it is often perceived as an indication of strong prospects (and stock price gains) for the company under consideration.
While the historical EPS growth rate for CBIZ is 19%, investors should actually focus on the projected growth. The company's EPS is expected to grow 13.5% this year, crushing the industry average, which calls for EPS growth of 6.8%.
Cash Flow GrowthCash is the lifeblood of any business, but higher-than-average cash flow growth is more beneficial and important for growth-oriented companies than for mature companies. That's because, high cash accumulation enables these companies to undertake new projects without raising expensive outside funds.
Right now, year-over-year cash flow growth for CBIZ is 80.5%, which is higher than many of its peers. In fact, the rate compares to the industry average of 6.1%.
While investors should actually consider the current cash flow growth, it's worth taking a look at the historical rate too for putting the current reading into proper perspective. The company's annualized cash flow growth rate has been 26.8% over the past 3-5 years versus the industry average of 7.3%.
Promising Earnings Estimate RevisionsBeyond the metrics outlined above, investors should consider the trend in earnings estimate revisions. A positive trend is a plus here. Empirical research shows that there is a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
There have been upward revisions in current-year earnings estimates for CBIZ. The Zacks Consensus Estimate for the current year has surged 0.7% over the past month.
Bottom LineCBIZ has not only earned a Growth Score of B based on a number of factors, including the ones discussed above, but it also carries a Zacks Rank #2 because of the positive earnings estimate revisions.
You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
This combination indicates that CBIZ is a potential outperformer and a solid choice for growth investors.
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Pitney Bowes Inc (NYSE:PBI) is evaluating a range of strategic alternatives, including acquisitions, divestitures, partnerships, and a potential sale as part of the company’s long-term business plan.
Updates From The BlockInfluence Media Partners has agreed to buy Anthem Entertainment for more than $600 million, Music Week reported. The deal includes music rights for 24,000 released songs and 60,000 additional unexploited works, including artists such as Britney Spears, OneRepublic and Justin Timberlake.
Bloomberg LP has acquired Canoe Intelligence, a platform that provides private markets data to institutional investors, wealth managers and family offices. Financial terms of the deal were not disclosed.
Dentalcorp has acquired Northstar Dental Partners, a group with 21 supported dental practices headquartered in Boca Raton, Florida. Financial terms of the transaction were not disclosed.
Shell has agreed to sell its BG Cyprus Unit to MOL Group, a Hungarian oil and gas firm, for approximately $720 million, Reuters reported. Shell said it decided to exit due to “disciplined capital allocation and portfolio choices,” as the company focuses on “opportunities that strengthen our integrated LNG value chain.”
Sargento Foods has bought California-based La Terra Fina, a regional provider of dairy-based dips, spreads and quiches. Financial terms of the deal were not disclosed.
Off The BlockBankruptcy BlockFor the previous edition of Deal Dispatch, click here.
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For those looking to find strong Business Services stocks, it is prudent to search for companies in the group that are outperforming their peers. Is CBIZ (CBZ - Free Report) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Business Services sector should help us answer this question.
CBIZ is one of 246 individual stocks in the Business Services sector. Collectively, these companies sit at #8 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.
The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. CBIZ is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for CBZ's full-year earnings has moved 0.7% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Our latest available data shows that CBZ has returned about 9.5% since the start of the calendar year. At the same time, Business Services stocks have lost an average of 7.6%. As we can see, CBIZ is performing better than its sector in the calendar year.
One other Business Services stock that has outperformed the sector so far this year is Kforce (KFRC - Free Report) . The stock is up 83.7% year-to-date.
For Kforce, the consensus EPS estimate for the current year has increased 2% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Breaking things down more, CBIZ is a member of the Consulting Services industry, which includes 13 individual companies and currently sits at #90 in the Zacks Industry Rank. On average, stocks in this group have lost 21.7% this year, meaning that CBZ is performing better in terms of year-to-date returns.
On the other hand, Kforce belongs to the Staffing Firms industry. This 12-stock industry is currently ranked #90. The industry has moved +45.2% year to date.
CBIZ and Kforce could continue their solid performance, so investors interested in Business Services stocks should continue to pay close attention to these stocks.
The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.
Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at their current share price levels.
Zacks has developed the innovative Style Scores system to highlight stocks with specific traits. For example, value investors will be interested in stocks with great grades in the "Value" category. When paired with a high Zacks Rank, "A" grades in the Value category are among the strongest value stocks on the market today.
One company value investors might notice is CBIZ (CBZ - Free Report) . CBZ is currently sporting a Zacks Rank #2 (Buy), as well as a Value grade of A. The stock is trading with a P/E ratio of 13.83, which compares to its industry's average of 14.80. Over the past 52 weeks, CBZ's Forward P/E has been as high as 30.87 and as low as 13.83, with a median of 20.19.
Value investors also use the P/S ratio. The P/S ratio is calculated as price divided by sales. This is a preferred metric because revenue can't really be manipulated, so sales are often a truer performance indicator. CBZ has a P/S ratio of 1.07. This compares to its industry's average P/S of 1.26.
These are only a few of the key metrics included in CBIZ's strong Value grade, but they help show that the stock is likely undervalued right now. When factoring in the strength of its earnings outlook, CBZ looks like an impressive value stock at the moment.
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of CBIZ, Inc. (NYSE: CBIZ) to Grant Thornton Advisors LLC. Under the terms of the proposed transaction, shareholders of CBIZ will receive $55.00 in cash for each share of CBIZ that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn ([email protected]) toll free at any time at (833) 538-3612, or visit https://www.ksfcounsel.com/cases/nyse-cbiz/ to learn more.
To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com.
BALA CYNWYD, Pa., July 30, 2026 (GLOBE NEWSWIRE) -- Brodsky & Smith reminds investors of the following investigations. If you own shares and wish to discuss the investigation, contact Jason Brodsky ([email protected]) or Marc Ackerman ([email protected]) at 855-576-4847. There is no cost or financial obligation to you.
Insiders may stand to receive substantial financial benefits not available to ordinary shareholders.
The proposed transactions may contain terms that could limit superior competing offers.
Shareholders are encouraged to contact the firm to discuss their rights and options at no cost or obligation. We would handle any matter on a contingent fee basis, whereby you would not be responsible for out-of-pocket payment of our legal fees or expenses.
, /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
CBIZ, Inc. (NYSE: CBZ)'s sale to Grant Thornton Advisors LLC for $55.00 in cash per share. If you are a CBIZ shareholder, click here to learn more about your legal rights and options.
Safety Insurance Group Inc. (NASDAQ: SAFT)'s sale to an affiliate of Mapfre S.A. for $105.00 per share in cash. If you are a Safety shareholder, click here to learn more about your rights and options.
Neuphoria Therapeutics Inc. (NASDAQ: NEUP)'s merger with Scancell Holdings plc. Upon closing of the proposed transaction, Neuphoria shareholders will own 14.5% of the combined company. If you are a Neuphoria shareholder, click here to learn more about your legal rights and options.
On behalf of shareholders, Halper Sadeh LLC may seek increased consideration, additional disclosures and information, or other relief and benefits.
Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.
Attorney Advertising. Prior results do not guarantee a similar outcome.
CBIZ, Inc. (NYSE:CBZ – Get Free Report)’s stock price gapped up before the market opened on Wednesday after the company announced better than expected quarterly earnings. The stock had previously closed at $46.70, but opened at $54.55. CBIZ shares last traded at $54.5010, with a volume of 5,182,892 shares changing hands.
The business services provider reported $0.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.72 by $0.19. CBIZ had a net margin of 5.57% and a return on equity of 12.62%. The company had revenue of $682.21 million for the quarter, compared to the consensus estimate of $697.96 million. During the same period last year, the firm posted $0.95 EPS. The company’s revenue for the quarter was down .2% on a year-over-year basis.
CBIZ News Summary Here are the key news stories impacting CBIZ this week:
Positive Sentiment: Grant Thornton’s proposed acquisition would take CBIZ private and create the fifth-largest U.S. accounting and advisory firm. The transaction is expected to close in the fourth quarter of 2026, subject to shareholder, regulatory and other approvals. Grant Thornton takeover article Positive Sentiment: Second-quarter adjusted earnings of $0.91 per share exceeded analyst expectations of roughly $0.72–$0.73, providing additional support for investor sentiment despite the pending transaction. CBIZ earnings beat article Neutral Sentiment: CBIZ reported second-quarter revenue of $682.2 million, down 0.2% year over year. GAAP net income fell 55.6% to $18.6 million, although first-half revenue, net income and free cash flow improved. Management withdrew full-year 2026 guidance and will not hold an earnings call, making future standalone performance less relevant while the acquisition proceeds. CBIZ financial results Negative Sentiment: Several law firms announced investigations into whether CBIZ directors obtained a fair price for shareholders or breached fiduciary duties in the Grant Thornton transaction. Such actions could create deal uncertainty or pressure for improved terms, although no wrongdoing has been established. Ademi shareholder investigation Negative Sentiment: CBIZ also disclosed an employee stock-purchase-plan rescission offer and control-remediation plans related to inadvertent purchases made between October 2023 and April 2026, adding a governance and compliance overhang. CBIZ control remediation announcement Wall Street Analysts Forecast Growth Several research firms have recently commented on CBZ. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $42.00 target price on shares of CBIZ in a report on Thursday, April 30th. Stephens set a $37.00 price target on CBIZ in a report on Friday, May 1st. Barrington Research started coverage on CBIZ in a research report on Wednesday, June 24th. They set an “outperform” rating and a $45.00 price objective for the company. Finally, Weiss Ratings upgraded CBIZ from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $39.25.
View Our Latest Analysis on CBZ
Hedge Funds Weigh In On CBIZ Several hedge funds and other institutional investors have recently made changes to their positions in the business. Caitong International Asset Management Co. Ltd increased its position in CBIZ by 377.8% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 559 shares of the business services provider’s stock valued at $30,000 after acquiring an additional 442 shares during the period. Strategic Wealth Investment Group LLC acquired a new position in CBIZ during the 2nd quarter worth $37,000. EverSource Wealth Advisors LLC boosted its position in CBIZ by 667.5% during the 1st quarter. EverSource Wealth Advisors LLC now owns 1,512 shares of the business services provider’s stock worth $41,000 after acquiring an additional 1,315 shares during the period. Danske Bank A S bought a new position in shares of CBIZ in the third quarter worth $42,000. Finally, Torren Management LLC bought a new position in shares of CBIZ in the fourth quarter worth $48,000. 87.44% of the stock is currently owned by institutional investors and hedge funds.
CBIZ Price Performance The company has a market capitalization of $2.95 billion, a price-to-earnings ratio of 22.05, a price-to-earnings-growth ratio of 0.99 and a beta of 0.99. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.63 and a quick ratio of 1.63. The business has a fifty day moving average price of $35.82 and a 200 day moving average price of $33.56.
CBIZ Company Profile (Get Free Report)
CBIZ, Inc (NYSE: CBZ), founded in 1996 and headquartered in Cleveland, Ohio, is a leading provider of professional business services in the United States. Since its inception, the company has grown through both organic expansion and strategic acquisitions to deliver a broad spectrum of financial, tax and advisory solutions tailored to the needs of small to mid-market organizations.
Through its Financial & Advisory Services segment, CBIZ offers accounting, tax preparation and compliance, audit support, and wealth management services.
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, /PRNewswire/ -- Class Action Attorney Juan Monteverde with Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm in the 2025 ISS Securities Class Action Services Report. The firm is headquartered at the Empire State Building in New York City and is investigating CBIZ, Inc. (NYSE: CBZ) related to its sale to Grant Thornton Advisors LLC. Under the terms of the proposed transaction, CBIZ shareholders are expected to receive $55.00 per share in cash. Is it a fair deal?
Click here for more info https://monteverdelaw.com/case/cbiz-inc-2/. It is free and there is no cost or obligation to you.
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Do you file class actions and go to Court? When was the last time you recovered money for shareholders? What cases did you recover money in and how much? About Monteverde & Associates PC
Our firm litigates and has recovered money for shareholders…and we do it from our offices in the Empire State Building. We are a national class action securities firm with a successful track record in trial and appellate courts, including the U.S. Supreme Court.
No one is above the law. If you own common stock in the above listed company and have concerns or wish to obtain additional information free of charge, please visit our website or contact Juan Monteverde, Esq. either via e-mail at [email protected] or by telephone at (212) 971-1341.
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Juan Monteverde, Esq.
MONTEVERDE & ASSOCIATES PC
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Attorney Advertising. (C) 2026 Monteverde & Associates PC. The law firm responsible for this advertisement is Monteverde & Associates PC (www.monteverdelaw.com). Prior results do not guarantee a similar outcome with respect to any future matter.
Resources Investor Relations Journalists Agencies Client Login Send a Release News Products Contact , /PRNewswire/ -- Ademi LLP is investigating CBIZ (NYSE: CBZ) for possible breaches of fiduciary duty and other violations of law in its recently announced transaction with Grant Thornton Advisors.
Click here to learn how to join our investigation and obtain additional information or contact us at [email protected] or toll-free: 866-264-3995. There is no cost or obligation to you.
CBIZ shareholders will receive $55.00 per share in an all-cash transaction valued at $5 billion. CBIZ insiders will receive substantial benefits as part of change of control arrangements.
The transaction agreement unreasonably limits competing transactions for CBIZ by imposing a significant penalty if CBIZ accepts a competing bid. We are investigating the conduct of the CBIZ board of directors, and whether they are fulfilling their fiduciary duties to all shareholders.
We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.
Shares of CBIZ CBZ surged about 17% on Wednesday after Grant Thornton Advisors agreed to acquire the accounting and advisory firm in a $5 billion all-cash deal, creating one of the largest professional services firms in the United States and extending a wave of consolidation sweeping through the accounting industry. Under the agreement, CBIZ shareholders will receive $55 per share in cash, representing a premium of about 17.8% to the stock's previous closing price and roughly 54% above its average trading price over the past 30 days.
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating the sale of CBIZ, Inc. (NYSE: CBZ) to Grant Thornton Advisors LLC for $55.00 in cash per share.Halper Sadeh encourages CBIZ shareholders to click here to learn more about their rights and options or contact Daniel Sadeh or Zachary Halper free of charge at (212) 763-0060 or [email protected] or [email protected] investigation concerns whether CBIZ and its board of directors violated the federa.
CBIZ (CBZ - Free Report) came out with quarterly earnings of $0.91 per share, beating the Zacks Consensus Estimate of $0.73 per share. This compares to earnings of $0.95 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +24.66%. A quarter ago, it was expected that this provider of outsourced business services would post earnings of $2.28 per share when it actually produced earnings of $2.5, delivering a surprise of +9.65%.
Over the last four quarters, the company has surpassed consensus EPS estimates three times.
CBIZ, which belongs to the Zacks Consulting Services industry, posted revenues of $682.21 million for the quarter ended June 2026, missing the Zacks Consensus Estimate by 2.46%. This compares to year-ago revenues of $683.5 million. The company has not been able to beat consensus revenue estimates over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
CBIZ shares have lost about 7.4% since the beginning of the year versus the S&P 500's gain of 8.5%.
What's Next for CBIZ?While CBIZ has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for CBIZ was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.29 on $724.48 million in revenues for the coming quarter and $4.07 on $2.84 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Consulting Services is currently in the bottom 30% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
CRA International (CRAI - Free Report) , another stock in the same industry, has yet to report results for the quarter ended June 2026. The results are expected to be released on August 6.
This consulting firm is expected to post quarterly earnings of $2.12 per share in its upcoming report, which represents a year-over-year change of +12.8%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
CRA International's revenues are expected to be $198.35 million, up 6.1% from the year-ago quarter.
Largest transaction of its kind in more than 25 years; creates the fifth largest professional services, tax and advisory provider in the U.S.
New Mountain Capital makes new equity investment to enable the transaction
Enhances AI-enabled capabilities, multinational reach, industry specialization and service breadth — while creating strong cultural and strategic fit with a shared commitment to quality and client experience
CBIZ Benefits and Insurance Services segment to be set up for growth as independent company backed by New Mountain Capital
CBIZ shareholders to receive $55.00 per share in cash
CHICAGO and CLEVELAND and NEW YORK, July 29, 2026 (GLOBE NEWSWIRE) -- Grant Thornton Advisors LLC (together with its affiliates, “Grant Thornton Advisors”), New Mountain Capital and CBIZ, Inc. (NYSE: CBZ) (“CBIZ”) today announced that Grant Thornton Advisors has entered into a definitive agreement pursuant to which it will acquire CBIZ in an all-cash transaction with an enterprise value of $5 billion.
Under the terms of the agreement, CBIZ shareholders will receive $55.00 in cash per share. This represents a premium of approximately 54% to CBIZ’s 30-day volume-weighted average share price.
New Mountain Capital — which led a May 2024 investment in Grant Thornton Advisors and fueled the firm’s growth strategy — will be investing incremental equity to support the transaction.
Creating the fifth largest U.S. provider
Upon closing, Grant Thornton in the U.S. is expected to become the fifth-largest provider of professional services, tax and advisory services, with more than $5 billion in annual domestic revenue. The transaction represents the largest of its kind in more than 25 years.
With the combination, the multinational platform will have a footprint that spans more than 20 countries and territories, generates nearly $7.5 billion in revenue and employs more than 34,500 professionals across the Americas, Europe, the Middle East and the Asia-Pacific region.
The transaction will bring together Grant Thornton Advisors’ multinational platform capabilities and CBIZ’s deep relationships across the U.S., offering clients the benefits of cross-border scale, broad multidisciplinary capabilities and AI-enabled leading-edge technology solutions, while maintaining a focused commitment to high-quality service and differentiated client experiences.
The transaction will also build on Grant Thornton Advisors’ recently announced $1 billion investment in AI and advanced technologies, expanding the firm’s ability to bring AI-enabled solutions and capabilities to serve more clients and industries at an even greater scale.
According to Jim Peko, chief executive officer of Grant Thornton Advisors LLC and leader of the Grant Thornton Advisors multinational platform: “By combining our multinational platform with CBIZ's strong market presence, we're broadening our ability to support businesses through every stage of growth — from early development to global scale. Together, we'll bring the quality, scope and capabilities clients need to navigate an increasingly complex and rapidly evolving business environment.”
Jerry Grisko, president and chief executive officer of CBIZ, said: “This is a historic combination with a complementary cultural and strategic fit. CBIZ has grown rapidly over many years to become a leading professional services provider. Joining Grant Thornton Advisors accelerates the realization of that vision, creating a stronger firm with new and exciting opportunities for our team members and enhanced service offerings for clients, while delivering significant value to CBIZ shareholders.”
Andre Moura, managing director of New Mountain Capital, said: “We’re pleased to continue to support Grant Thornton Advisors’ strategic growth plan, a journey we have been on together since May 2024. Following the acquisition of CBIZ, Grant Thornton in the U.S. will be the fifth largest professional services, tax and advisory provider in the nation and one of the most forward-thinking firms in the world regarding AI. That scale and forward momentum will put the combined firm in a stronger position than ever to serve its clients and create meaningful opportunities for its partners and staff.”
Nikhil Devulapalli, managing director at New Mountain Capital, added: “The acquisition of CBIZ allows Grant Thornton Advisors to rapidly bring its market-leading AI and technology platform deeper into the market and continue its mission to lead on quality and breadth of service provided to a broad spectrum of clients of all sizes.”
Following the closing, Grant Thornton Advisors plans to separate CBIZ’s Benefits and Insurance Services segment into a new stand-alone entity backed by New Mountain Capital.
Bob Mulcare and Sean Donovan, managing directors at New Mountain Capital, said: “We look forward to building on the strong foundations within the Benefits and Insurance Services segment to create a new leading firm dedicated to insurance, retirement and payroll services — providing new opportunities to the clients and team members in that segment.”
Strategic rationale
The combination is expected to:
Build a differentiated professional services, tax and advisory provider. Following the acquisition of CBIZ, Grant Thornton Advisors will be better positioned to serve clients at all stages of growth with enhanced service offerings, multinational reach and premier technological resources across professional services, tax and advisory services.Accelerate technology and AI-enabled service delivery. The newly formed firm will support more clients with sophisticated AI-enabled service delivery, focused on using AI to transform client service, empower people and unlock new opportunities for growth.Enable greater depth of specialized industry expertise with expanded capabilities. The addition of CBIZ provides Grant Thornton Advisors with greater ability to deliver more tailored insights and solutions for clients, driven by a deep understanding of, and experience in, their specific industry.Strengthen client experience and service quality. Upon combination with CBIZ, Grant Thornton Advisors will maintain a strong focus on quality, applicable independence requirements, trust and client service — reflecting an ongoing commitment to its clients and purpose-built operating model.Increase the ability to invest in innovation, talent and technology. The combined firm will be the employer of choice for top talent in the industry, positioning the organization for long-term success in a fast-moving marketplace and creating even more opportunities for employees to grow, build rewarding careers and do their best work. Transaction details
Under the terms of the definitive merger agreement, CBIZ shareholders will receive $55.00 in cash for each share of CBIZ common stock they own. Upon completion of the transaction, CBIZ will become wholly-owned by Grant Thornton Advisors, and CBIZ common stock will cease to trade and no longer be listed on the New York Stock Exchange.
The CBIZ Board of Directors has unanimously approved the transaction and recommends that CBIZ shareholders vote in favor of the transaction. The transaction is expected to close in the fourth quarter of 2026, subject to approval by CBIZ shareholders, receipt of required regulatory approvals and satisfaction of other customary closing conditions.
Go-shop provision and superior proposals
Under the terms of the definitive merger agreement, CBIZ, along with its financial and legal advisors, will be permitted to actively solicit, consider and negotiate alternative acquisition proposals from third parties during a “go-shop” period ending at 11:59 p.m. Eastern Time on August 27, 2026. Prior to the CBIZ shareholder vote and subject to the terms and conditions of the definitive merger agreement, including notice and negotiation rights in favor of Grant Thornton Advisors, the CBIZ Board of Directors will have the right to terminate the merger agreement to enter into an alternative transaction that constitutes a superior proposal, subject to the terms and conditions of the merger agreement, including payment of a termination fee.
There can be no assurance that the go-shop process will result in a superior proposal. CBIZ does not intend to disclose developments with respect to the go-shop process unless and until it determines such disclosure is appropriate or required by law.
CBIZ second quarter 2026 earnings results
As a result of this announcement, in connection with its second quarter 2026 earnings release scheduled for July 29, 2026, CBIZ will release financial and operational results through a press release only and will no longer hold a conference call or webcast.
Advisors for the transaction
Goldman Sachs & Co. LLC is serving as financial advisor to CBIZ. Weil, Gotshal & Manges LLP is serving as legal advisor to CBIZ, and Teneo is serving as strategic communications advisor to CBIZ.
Deutsche Bank is acting as Lead Financial Advisor for Grant Thornton Advisors. Other Financial Advisors include J.P. Morgan, BMO Capital Markets, BofA Securities, RBC Capital Markets and UBS Investment Bank. Evercore is acting as Financial Advisor to New Mountain Capital and Grant Thornton on the CBIZ Benefits & Insurance segment. Simpson Thacher & Bartlett LLP, Mayer Brown LLP and Hunton Andrews Kurth LLP are serving as legal advisors to Grant Thornton Advisors, and Goldin Solutions is serving as strategic communications advisor.
About Grant Thornton in the U.S.
Grant Thornton delivers professional services in the U.S. through two specialized entities and their affiliates: Grant Thornton LLP, a licensed, certified public accounting (CPA) firm that provides audit and assurance services — and Grant Thornton Advisors LLC (not a licensed CPA firm), which exclusively provides non-attest offerings, including tax and advisory services.
Grant Thornton LLP, Grant Thornton Advisors LLC and their respective subsidiaries operate as an alternative practice structure (APS). The APS conforms with applicable laws, regulations and professional standards, including those from the American Institute of Certified Public Accountants.
“Grant Thornton” refers to the brand under which the member firms in the Grant Thornton International Ltd (GTIL) network provide services to their clients and/or refers to one or more member firms. Grant Thornton LLP and Grant Thornton Advisors LLC serve as the U.S. member firms of the GTIL network. GTIL and its member firms are not a worldwide partnership and all member firms are separate legal entities. Member firms deliver all services; GTIL does not provide services to clients.
About Grant Thornton Advisors multinational platform
The Grant Thornton Advisors multinational platform is a group of firms within the Grant Thornton International Limited network* that connects priority markets and operates with aligned standards, technology and delivery expectations.
The platform is currently home to almost 20 aligned firms stretching from the Americas across Europe and the Middle East to the Asia-Pacific region. These firms bring together more than 25,000 professionals to deliver cross-border solutions powered by advanced technologies, a shared commitment to quality and a growing reputation as the industry’s employer-of-choice. The platform firms operate as separate legal entities.
*The Grant Thornton International Limited network provides access to its member firms in more than 150 global markets.
About CBIZ
CBIZ, Inc. (NYSE: CBZ) is a leading professional services advisor to businesses nationwide. With industry knowledge and expertise in accounting, tax, advisory, benefits, insurance and technology, CBIZ delivers actionable insights to help clients anticipate what is next and discover new ways to accelerate growth. CBIZ has more than 9,500 team members across 23 major markets coast to coast. For more information, visit www.cbiz.com.
About New Mountain Capital
New Mountain Capital is a New York-based investment firm that emphasizes business building and growth, rather than debt, as it pursues long-term capital appreciation. The firm currently manages private equity, credit and net lease investment strategies with approximately $60 billion in assets under management. New Mountain Capital seeks out what it believes to be the highest quality growth leaders in carefully selected industry sectors and then works intensively with management to build the value of these companies. For more information on New Mountain Capital, please visit https://www.newmountaincapital.com/.
This communication includes “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the proposed transaction between CBIZ and Grant Thornton Advisors (any such transaction, the “proposed transaction”). In this context, forward-looking statements generally are identified by words such as “anticipates,” “intends,” “plans,” “seeks,” “believes,” “estimates,” “predicts,” “potential,” “expects,” “may,” “could,” “might,” “likely,” “will,” “should” or the negative thereof or variations thereon or similar terminology generally intended to identify forward-looking statements. All statements, other than historical facts, including, but not limited to, statements regarding the expected timing and structure of the proposed transaction, the ability of the parties to complete the proposed transaction pursuant to the terms of the Agreement and Plan of Merger, dated as of July 28, 2026 (the “Merger Agreement”), if at all, the expected benefits of the proposed transaction, including future financial and operating results and strategic benefits, and the combined company’s plans, objectives, expectations and intentions, legal, economic and regulatory conditions, and any assumptions underlying any of the foregoing, are forward-looking statements.
These forward-looking statements are based on CBIZ’s and Grant Thornton Advisors’ current expectations with respect to the transactions contemplated by the Merger Agreement and are subject to risks and uncertainties, which may cause actual results to differ materially from CBIZ’s and Grant Thornton Advisors’ current expectations. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. The inclusion of such statements should not be regarded as a representation that such plans, estimates or expectations will be achieved. Important factors that could cause actual results to differ materially from such plans, estimates or expectations include, among others, (1) that one or more closing conditions to the proposed transaction, including certain regulatory approvals, may not be satisfied or waived, on a timely basis or otherwise, or that the required approval by the shareholders of CBIZ may not be obtained; (2) the risk that the proposed transaction may not be completed on the terms or in the time frame expected by CBIZ and Grant Thornton Advisors, or at all; (3) unexpected costs, charges or expenses resulting from the proposed transaction; (4) uncertainty of the expected financial performance and results of operations of the combined company following completion of the proposed transaction; (5) failure to realize the anticipated benefits of the proposed transaction, including as a result of delay in completing the proposed transaction or integrating the businesses of CBIZ and Grant Thornton Advisors, on the expected timeframe or at all; (6) the ability of the combined company to implement its business strategy; (7) difficulties and delays in the combined company achieving revenue and cost synergies; (8) inability of the combined company to retain and hire key personnel; (9) the occurrence of any event that could give rise to termination of the proposed transaction; (10) the risk that shareholder litigation in connection with the proposed transaction or other litigation, settlements or investigations may affect the timing or completion of the proposed transaction or result in significant costs of defense, indemnification and liability; (11) evolving legal, regulatory and tax regimes; (12) changes in general economic, competitive, technological and/or industry-specific conditions affecting the businesses and industries in which CBIZ and Grant Thornton Advisors operate; (13) actions by third parties, including government agencies and rating agencies; (14) risks that any debt financing anticipated in connection with the proposed transaction is not obtained or that such financing cannot be obtained on the anticipated timing or terms or unexpected costs or expenses in connection therewith; (15) risks related to the disruption of management time from ongoing business operations due to the pendency of the proposed transaction, or other effects of the pendency of the proposed transaction on the relationship of any of the parties to the transaction with their employees, customers, partners, or other counterparties; (16) risks that any announcements relating to the proposed transaction could have adverse effects on the market price of CBIZ’s common stock, credit ratings, or operating results, and may have an adverse effect on the ability of CBIZ to retain and hire key personnel, retain customers, and maintain relationships with business partners, suppliers and customers; (17) the risk that the market price of CBIZ’s common stock may decline if the proposed transaction is not completed, and (18) the other risk factors described under the headings “Risk Factors,” “Management’s Discussion and Analysis of Financial Condition and Results of Operations,” and other sections of CBIZ’s Annual Report on Form 10-K filed with the Securities and Exchange Commission (“SEC”) on February 26, 2026, as amended on March 2, 2026 and any subsequent amendments, and subsequent filings with the SEC, including documents that will be filed with the SEC in connection with the proposed transaction. The foregoing list of important factors is not exclusive.
Any forward-looking statements speak only as of the date of this communication. Neither CBIZ nor Grant Thornton Advisors undertakes any obligation to update any forward-looking statements, whether as a result of new information or developments, future events or otherwise, except as required by law. Readers are cautioned not to place undue reliance on any of these forward-looking statements.
Important information about the transaction and where to find it
In connection with the proposed transaction, CBIZ intends to file relevant materials with the SEC, including a proxy statement on Schedule 14A (the “Proxy Statement”). The Proxy Statement will contain important information about the proposed transaction and related matters. This communication is not a substitute for the Proxy Statement or any other document that CBIZ may file with the SEC or send to its shareholders in connection with the proposed transaction. BEFORE MAKING ANY VOTING OR INVESTMENT DECISION, SHAREHOLDERS OF CBIZ ARE ADVISED TO READ THE PROXY STATEMENT (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO) AND ANY OTHER DOCUMENTS FILED BY CBIZ WITH THE SEC IN CONNECTION WITH THE PROPOSED TRANSACTION CAREFULLY AND IN THEIR ENTIRETY BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED TRANSACTION AND RELATED MATTERS. All such documents, when filed, may be obtained free of charge at the SEC’s website (http://www.sec.gov). These documents, once available, and CBIZ’s other filings with the SEC also will be available free of charge on CBIZ’s website at https://ir.cbiz.com/financial-information/sec-filings.
Participants in the solicitation
CBIZ and its directors and executive officers may be deemed to be participants in the solicitation of proxies in respect of the proposed transaction. Information regarding the names of such directors and executive officers and their respective interests in CBIZ by security holdings or otherwise is set forth in CBIZ’s definitive proxy statement on Schedule 14A for its 2026 annual meeting of shareholders, filed with the SEC on April 2, 2026 (the “2026 Annual Proxy”). Please refer to the sections captioned “Executive Compensation,” “Summary Compensation Table,” “2025 Grants of Plan-Based Awards,” “Outstanding Equity Awards At 2025 Fiscal Year-End,” “Option Exercises And Stock Vested In 2025,” “2025 Non-Qualified Deferred Compensation,” “Potential Payments upon Termination or Change in Control,” “Director Compensation,” “2025 Director Compensation Table,” and “Security Ownership of Certain Beneficial Owners and Management” in the 2026 Annual Proxy. To the extent that certain CBIZ participants or their affiliates have acquired or disposed of security holdings since the “as of” date disclosed in the 2026 Annual Proxy, such transactions have been or will be reflected on Statements of Change in Ownership on Form 4 or amendments to beneficial ownership reports on Schedules 13D or 13G filed with the SEC. Such filings and the 2026 Annual Proxy are available free of charge on CBIZ’s website at https://ir.cbiz.com/financial-information/sec-filings or through the SEC’s website at www.sec.gov. Updated information regarding the identity of potential participants, and their direct or indirect interests, by security holdings or otherwise, will be set forth in CBIZ’s Proxy Statement and other materials to be filed with the SEC in connection with the proposed transaction.
Second-Quarter Financial Highlights: Total revenue of $682M, down 0.2%; Financial Services revenue down 0.2% Net income of $19M, down 55.6%; GAAP EPS of $0.31, down 53.0% Adjusted EBITDA of $103M, down 14.3%; Adjusted diluted EPS of $0.91, down 8.1% First-Half Financial Highlights: Total revenue of $1,531M, up 0.6%; Financial Services revenue up 1.1% Net income of $171M, up 4.1%; GAAP EPS of $2.83, up 9.7% Adjusted EBITDA of $347M, down 3.8%; Adjusted diluted EPS of $3.44, up 3.6% Operating cash flow up $97M; Free cash flow up $99M Repurchased ~2.5M shares for ~$70M; net leverage of 3.4x, down 0.3x YoY CLEVELAND, July 29, 2026 (GLOBE NEWSWIRE) -- CBIZ, Inc., (NYSE: CBZ) (“CBIZ” or the “Company”), a leading national professional services advisor, today announced second quarter and first half results for the period ended June 30, 2026. Management Commentary: Jerry Grisko, CBIZ President and Chief Executive Officer, said, "Through the first six months of the year, we delivered year-over-year growth in revenue, earnings and free cash flow while continuing to execute against our strategic priorities.
KENNEDY SPACE CENTER, Fla.--(BUSINESS WIRE)--Starfighters Space, Inc. (“Starfighters Space” or the “Company”) (NYSE American: FJET), the space company operating the world's only commercial fleet of flight-ready Mach 2+ F-104 supersonic aircraft, today announced that, following a thorough evaluation process, its Audit Committee, with the approval of the Board of Directors has engaged CBIZ CPAs P.C. (“CBIZ CPAs”) to serve as the Company's independent registered public accounting firm. “Starfighte.
CLEVELAND, July 23, 2026 (GLOBE NEWSWIRE) -- July 23, 2026 – CBIZ, Inc. (NYSE: CBZ), a leading national professional services advisor, today announced it has launched the CBIZ Retirement Advantage PEP, a retirement solution designed to help middle-market businesses simplify retirement plan administration, reduce fiduciary burdens and provide employees with a competitive workplace savings benefit.
The CBIZ PEP delivers the level of oversight and discipline typically associated with large-plan providers, adapted for growing middle-market organizations. Unlike providers focused solely on retirement plan administration, CBIZ combines retirement consulting with a broad suite of employee benefits, insurance, payroll and advisory services, allowing clients to address workforce needs through an integrated approach.
Employers continue to face growing complexity associated with retirement plan governance, compliance requirements and fiduciary oversight. The CBIZ Pooled Employer Plan enables participating businesses to leverage a single retirement plan structure while outsourcing many administrative and fiduciary responsibilities to experienced providers.
“Managing a retirement plan has become increasingly complex. Employers are expected to navigate evolving regulations, oversee investments, manage vendors, and absorb fiduciary risk, all while controlling costs,” said Paula Lewis, Senior Vice President, Third Party Administration Operations for CBIZ. “A PEP lets multiple employers share one professionally managed 401(k) plan, greatly reducing administrative burden and fiduciary responsibility.”
Participating in CBIZ’s new PEP offers employers the following benefits:
Reduced administrative complexityProfessional fiduciary oversightStreamlined compliance and reportingAccess to institutional-quality retirement servicesA competitive employee benefit that supports recruitment and retention To learn more about CBIZ Retirement Advantage PEP, visit: Retirement Advantage PEP | CBIZ.
About CBIZ
CBIZ, Inc. (NYSE: CBZ) is a leading professional services advisor to middle-market businesses nationwide. With industry knowledge and expertise in accounting, tax, advisory, benefits, insurance, and technology, CBIZ delivers actionable insights to help clients anticipate what is next and discover new ways to accelerate growth. CBIZ has more than 9,500 team members across 23 major markets coast to coast. For more information, visit www.cbiz.com.
CBIZ (CBZ - Free Report) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended June 2026. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.
The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 29. On the other hand, if they miss, the stock may move lower.
While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise.
Zacks Consensus EstimateThis provider of outsourced business services is expected to post quarterly earnings of $0.74 per share in its upcoming report, which represents a year-over-year change of -22.1%.
Revenues are expected to be $699.41 million, up 2.3% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 1.62% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for CBIZ?For CBIZ, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -4.41%.
On the other hand, the stock currently carries a Zacks Rank of #3.
So, this combination makes it difficult to conclusively predict that CBIZ will beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that CBIZ would post earnings of $2.28 per share when it actually produced earnings of $2.50, delivering a surprise of +9.65%.
Over the last four quarters, the company has beaten consensus EPS estimates three times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
CBIZ doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
CLEVELAND, July 20, 2026 (GLOBE NEWSWIRE) -- CBIZ, Inc. (NYSE: CBZ) (the “Company”), a leading professional services advisor to the middle market, will announce its financial results for the second quarter and first half ended June 30, 2026, after markets close on Wednesday, July 29, 2026.
CBIZ President and Chief Executive Officer Jerry Grisko and Chief Financial Officer Brad Lakhia will host a conference call at 5:00 p.m. ET on Wednesday, July 29, 2026, to discuss the Company’s financial results. The conference call will be webcast live and archived on the investor relations page of the CBIZ website at https://cbiz.gcs-web.com/investor-overview.
Investors can register at https://dpregister.com/sreg/10210297/10463b768f5 to receive the dial-in number and a unique personal identification number. Registration will be open throughout the live call, although participants are encouraged to join approximately 10 minutes before the start time to avoid delays.
About CBIZ
CBIZ, Inc. (NYSE: CBZ) is a leading professional services advisor to middle-market businesses nationwide. With industry knowledge and expertise in accounting, tax, advisory, benefits, insurance, and technology, CBIZ delivers actionable insights to help clients anticipate what is next and discover new ways to accelerate growth. CBIZ has more than 9,500 team members across 23 major markets coast to coast. For more information, visit www.cbiz.com.
Contact:
Investor Relations: Chris Sikora, VP, Investor Relations & Corporate Finance, [email protected]
Media: Amy McGahan, Director of Corporate & Strategic Communications, [email protected]
CBIZ, Inc., Cleveland, Ohio, (216) 447-9000
Appointment reflects the Company’s commitment to maintaining high standards of financial reporting, compliance, and corporate governance
PHILADELPHIA--(BUSINESS WIRE)--Datavault AI Inc. (NASDAQ: DVLT) (“Datavault AI” or the “Company”), a technology company focused on data valuation, monetization, governance, credentialing, digital asset infrastructure, and enterprise information management solutions, today announced the appointment of CBIZ CPAs P.C. (“CBIZ”) as the Company’s independent registered public accounting firm.
Datavault AI has engaged CBIZ CPAs P.C. as its independent registered public accounting firm, effective immediately and covering the audit of the Company’s financial statements.
Share The appointment supports Datavault AI’s ongoing commitment to maintaining high standards of financial reporting, compliance, and corporate governance as the Company continues to support its customers and stakeholders.
“Maintaining reliable financial reporting, transparency, accountability, and strong corporate governance is essential to serving our shareholders, customers, and other stakeholders,” said Nathaniel T. Bradley, Chief Executive Officer of Datavault AI. “The appointment of CBIZ reflects our continued commitment to those standards as we execute our business strategy.”
Additional information concerning the appointment is available in the Company’s Current Report on Form 8-K filed with the U.S. Securities and Exchange Commission.
About Datavault AI
Datavault AITM (NASDAQ: DVLT) is leading the way in AI-driven data experiences, valuation, and monetization of assets in the Web 3.0 environment. The Company’s cloud-based platform provides comprehensive solutions with a collaborative focus in its Acoustic Sciences and Data Sciences divisions.
Datavault AI’s Acoustic Sciences division features WiSA®, ADIO®, and Sumerian® patented technologies and industry-first foundational spatial and multichannel wireless, high-definition sound transmission technologies with intellectual property covering audio timing, synchronization, and multi-channel interference cancellation. The Data Science division leverages the power of Web 3.0 and high-performance computing to provide solutions for experiential data perception, valuation, and secure monetization.
Datavault AI’s platform serves multiple industries, including high-performance computing software licensing for sports & entertainment, events & venues, biotech, education, fintech, real estate, healthcare, energy, and more. The Information Data Exchange® enables Digital Twins and the licensing of name, image, and likeness by securely attaching physical real-world objects to immutable metadata, fostering responsible AI with integrity. The Company’s technology suite is fully customizable and offers AI- and machine-learning-based automation, third-party integration, detailed analytics and data, marketing automation, and advertising monitoring.
The Company is headquartered in Philadelphia, PA. For more information, visit www.dvlt.ai. Investor information is available at ir.datavaultsite.com. Technology news and insights are published at dvlt.ai/insights.
Forward-Looking Statements
This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other applicable securities laws. Forward-looking statements may include statements regarding the Company’s business strategy, growth initiatives, technology development, enterprise adoption, commercial opportunities, and future operations.
Words such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “project,” “seek,” “should,” “target,” “will,” and similar expressions may identify forward-looking statements.
Forward-looking statements are based on management’s current expectations and assumptions and involve risks and uncertainties that could cause actual results to differ materially. These risks include market acceptance of the Company’s technologies, economic and competitive conditions, evolving regulatory requirements, technological developments, the Company’s ability to execute its business strategy, and the risks described in the Company’s filings with the U.S. Securities and Exchange Commission.
Readers are cautioned not to place undue reliance on forward-looking statements. The Company undertakes no obligation to update or revise any forward-looking statement except as required by applicable law.
Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. But finding a great growth stock is not easy at all.
That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss.
However, the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyond the traditional growth attributes to analyze a company's real growth prospects, makes it pretty easy to find cutting-edge growth stocks.
Our proprietary system currently recommends CBIZ (CBZ - Free Report) as one such stock. This company not only has a favorable Growth Score, but also carries a top Zacks Rank.
Studies have shown that stocks with the best growth features consistently outperform the market. And for stocks that have a combination of a Growth Score of A or B and a Zacks Rank #1 (Strong Buy) or 2 (Buy), returns are even better.
While there are numerous reasons why the stock of this provider of outsourced business services is a great growth pick right now, we have highlighted three of the most important factors below:
Earnings GrowthArguably nothing is more important than earnings growth, as surging profit levels is what most investors are after. For growth investors, double-digit earnings growth is highly preferable, as it is often perceived as an indication of strong prospects (and stock price gains) for the company under consideration.
While the historical EPS growth rate for CBIZ is 19%, investors should actually focus on the projected growth. The company's EPS is expected to grow 12.8% this year, crushing the industry average, which calls for EPS growth of 6.9%.
Cash Flow GrowthCash is the lifeblood of any business, but higher-than-average cash flow growth is more beneficial and important for growth-oriented companies than for mature companies. That's because, high cash accumulation enables these companies to undertake new projects without raising expensive outside funds.
Right now, year-over-year cash flow growth for CBIZ is 80.5%, which is higher than many of its peers. In fact, the rate compares to the industry average of 5.4%.
While investors should actually consider the current cash flow growth, it's worth taking a look at the historical rate too for putting the current reading into proper perspective. The company's annualized cash flow growth rate has been 26.8% over the past 3-5 years versus the industry average of 6.6%.
Promising Earnings Estimate RevisionsBeyond the metrics outlined above, investors should consider the trend in earnings estimate revisions. A positive trend is a plus here. Empirical research shows that there is a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
The current-year earnings estimates for CBIZ have been revising upward. The Zacks Consensus Estimate for the current year has surged 0.1% over the past month.
Bottom LineWhile the overall earnings estimate revisions have made CBIZ a Zacks Rank #2 stock, it has earned itself a Growth Score of A based on a number of factors, including the ones discussed above.
You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
This combination positions CBIZ well for outperformance, so growth investors may want to bet on it.
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.
Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits.
Luckily, Zacks has developed its own Style Scores system in an effort to find stocks with specific traits. Value investors will be interested in the system's "Value" category. Stocks with both "A" grades in the Value category and high Zacks Ranks are among the strongest value stocks on the market right now.
One company to watch right now is CBIZ (CBZ - Free Report) . CBZ is currently holding a Zacks Rank #2 (Buy) and a Value grade of A.
Investors should also recognize that CBZ has a P/B ratio of 1.53. The P/B ratio pits a stock's market value against its book value, which is defined as total assets minus total liabilities. This company's current P/B looks solid when compared to its industry's average P/B of 3.97. Over the past year, CBZ's P/B has been as high as 4.51 and as low as 1.53, with a median of 2.16.
Value investors also frequently use the P/S ratio. This metric is found by dividing a stock's price with the company's revenue. This is a popular metric because sales are harder to manipulate on an income statement, so they are often considered a better performance indicator. CBZ has a P/S ratio of 0.63. This compares to its industry's average P/S of 1.16.
These are only a few of the key metrics included in CBIZ's strong Value grade, but they help show that the stock is likely undervalued right now. When factoring in the strength of its earnings outlook, CBZ looks like an impressive value stock at the moment.
CBIZ, Inc. shares have rebounded from 10-year lows after a sharp decline driven by AI disruption fears and increased leverage from acquisitions. With no common dividend, CBZ could potentially repay all debt in about six years using $270-$290 million in annual free cash flow. Unusual underlying value and the prospect of deleveraging have positioned CBZ for a higher equity quote over time.
17,956 shares were sold indirectly for a transaction value of approximately $474,000 on March 10, 2026. The sale represented 45.70% of total pre-transaction holdings and 49.94% of indirect holdings.
Research finds that 9 out of 10 leaders who prioritize innovation reported year-over-year revenue growth, with 51% growing by 10% or more March 18, 2026 09:00 ET | Source: CBIZ, Inc.
Cleveland, March 18, 2026 (GLOBE NEWSWIRE) -- CBIZ, Inc. (NYSE: CBZ), a leading national professional services advisor, today released a new report, “The Tradeoff Economy: How Decision-Making Mindsets Shape Middle Market Performance,”developed in partnership with the National Center for the Middle Market (NCMM) and The Ohio State University Fisher College of Business.
According to NCMM, there are nearly 200,000 U.S. middle market businesses that represent one-third of private sector GDP, employing approximately 44.5 million people. These businesses outperformed through the financial crisis (2007–2010 period) by adding 2.2 million jobs across major industry sectors and U.S. geographies, demonstrating their importance to the overall health of the U.S. economy.
“The Tradeoff Economy,” based on a survey of 400 U.S. middle market CEOs, CFOs, and COOs, explores how middle market leaders manage the rising number of critical decisions they face to stay competitive in today’s complex business landscape. Amid ongoing challenges such as cost pressures, talent shortages, regulatory hurdles, and economic instability, executives must often weigh conflicting priorities—including growth versus profitability and speed versus precision.
The report shows that a leader’s approach to these tradeoffs, not just the decisions they make, can greatly impact company performance. This helps explain why similar companies in the same markets often achieve very different outcomes.
“This research emphasizes that middle market leaders constantly face tradeoffs as they aim for growth and margin improvements,” said Brad Lakhia, Chief Financial Officer at CBIZ. “Understanding the decision-making mindset behind those choices provides leaders with a clearer framework for managing investments —in technology, artificial intelligence, talent, and innovation—and how to maintain performance amid uncertainty.”
Key findings from “The Tradeoff Economy”
Four decision-making mindsets shape performance: disciplined growers, performance protectors, centralized innovators, and decentralized accelerators.Growth remains the primary strategic driver, but companies vary widely in how they pursue it.The Middle Market is aligned across several foundational tradeoffs: 78% choose accuracy over speed75% choose quality over cost78% prioritize long-term value over short-term gains When cost pressures intensify, 49% of middle market leaders say they would protect customer service or customer experience, while only 25% would sacrifice it. Innovation investment is more at risk, with 53% saying they would reduce investment in research, development, or innovation.Companies that focus on innovation report stronger growth and higher confidence in their future performance. Nearly all consider themselves ahead of competitors and have positive outlooks for the next six months. What this means for middle market companies
The research also highlights several implications for middle market leaders navigating today’s economic environment:
Cost and margin management remain critical as companies balance expansion with financial discipline.Talent strategy is becoming a defining differentiator, from hiring and retention to workforce upskilling.Technology investment is accelerating, with top-performing companies aggressively digitizing operations.Scenario-based decision-making is increasingly essential as leaders face more complex and frequent tradeoffs.Strategies must reflect different leadership mindsets, rather than applying a one-size-fits-all approach. “The data indicates that although no single mindset ensures success in all environments, companies focusing on innovation generally experience stronger growth and higher confidence,” said Doug Farren, Executive Director of the National Center for the Middle Market. “We also notice a strong consistency in core priorities—leaders predominantly prioritize accuracy over speed, quality over cost, and long-term value over short-term gains.”
Download the full report here.
About CBIZ
CBIZ, Inc. (NYSE: CBZ) is a leading professional services advisor to middle-market businesses nationwide. With industry knowledge and expertise in accounting, tax, advisory, benefits, insurance, and technology, CBIZ delivers actionable insights to help clients anticipate what is next and discover new ways to accelerate growth. CBIZ has more than 9,500 team members across 23 major markets coast to coast. For more information, visit www.cbiz.com.
About the research
This report is based on a 15-minute self-administered online survey fielded in December 2025 to 400 middle market business leaders and decision-makers from companies with annual revenues between $10 million and less than $1 billion. The sample includes respondents from three key industry segments: consumer and industrial products (N=208) construction (N=105), and real estate (N=87). A working research team, including experts from NCMM, Fisher College of Business faculty, CBIZ, and other subject-matter specialists, designed the survey questions.
Download the Report The Tradeoff Economy Contact Data Amy McGahan CBIZ, Inc. [email protected]
LAS VEGAS, March 20, 2026 (GLOBE NEWSWIRE) -- Richtech Robotics Inc. (Nasdaq: RR) (“Richtech Robotics” or the “Company”), a U.S.-based provider of AI-driven robots operating in commercial and industrial environments, announces it has selected CBIZ CPAs P.C. (“CBIZ”) as its independent auditor for the Company’s financial reports of fiscal year 2026. On March 17, 2026, after completing a thorough evaluation process, the Audit Committee and Richtech Robotics’ Board of Directors approved the appointment of CBIZ as independent auditor, effective immediately. Concurrently, the Company announced the termination of its prior independent auditor Bush & Associates, the firm responsible for the audit of the Company’s financial statements for fiscal years 2024 and 2025.
“As Richtech Robotics continues to evolve as a public company, the selection of CBIZ aligns with our strategic growth objectives, the shift of our recognition to a recurring revenue business, and the associated complex financial accounting standards,” said Wayne Huang, Richtech Robotics Founder and Chief Executive Officer. “We are confident in CBIZ’s professional qualifications, expertise and independence to deliver on decisive oversight of our fiscal 2026 financials and adhere to prompt and orderly regulatory filing timelines.”
CBIZ will commence its duties as the Company’s independent auditor and implement complete audit processes, oversight and control of Richtech Robotics’ financial statements for the fiscal year ending September 30, 2026, and quarterly reviews of the Company’s financial statements for the periods ending March 31, 2026 and June 30, 2026.
About Richtech Robotics
Richtech Robotics develops advanced robotic solutions and the data infrastructure that makes its robots more intelligent. Guided by three strategic pillars — Industrial, Commercial, and Data Services — Richtech Robotics aims to deliver dependable automation, consistent service performance, and continuous AI-driven improvement at scale. From factory floors to hospitality venues, our robots work alongside people to enhance efficiency, precision, and quality. Learn more at www.RichtechRobotics.com, and connect with us on X, LinkedIn and YouTube.
Forward Looking Statements
Certain statements in this press release are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be identified by the use of forward-looking words such as “anticipate,” “believe,” “forecast,” “estimate,” “expect,” and “intend,” among others. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties.
These forward-looking statements are based on Richtech Robotics’ current expectations and actual results could differ materially. There are a number of factors that could cause actual events to differ materially from those indicated by such forward-looking statements. These factors include, but are not limited to, risks related to the ability of Richtech Robotics to adhere to regulatory filing timelines. Investors should read the risk factors set forth in Richtech Robotics’ Annual Report on Form 10-K, filed with the Securities and Exchange Commission (the “SEC”) on January 20, 2026, and periodic reports filed with the SEC on or after the date thereof. All of Richtech Robotics’ forward-looking statements are expressly qualified by all such risk factors and other cautionary statements. The information set forth herein speaks only as of the date thereof. New risks and uncertainties arise over time, and it is not possible for Richtech Robotics to predict those events or how they may affect Richtech Robotics. If a change to the events and circumstances reflected in Richtech Robotics’ forward-looking statements occurs, Richtech Robotics’ business, financial condition and operating results may vary materially from those expressed in Richtech Robotics’ forward-looking statements.
Readers are cautioned not to put undue reliance on forward-looking statements, and Richtech Robotics assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise.
Representative Josh Gottheimer (Democratic-New Jersey) recently sold shares of CBIZ, Inc. (NYSE:CBZ). In a filing disclosed on April 08th, the Representative disclosed that they had sold between $1,001 and $15,000 in CBIZ stock on March 5th. The trade occurred in the Representative’s “MORGAN STANLEY – SELECT UMA ACCOUNT # 1” account.
Representative Josh Gottheimer also recently made the following trade(s):
Sold $1,001 – $15,000 in shares of ENN Energy (OTCMKTS:XNGSY) on 3/24/2026. Sold $1,001 – $15,000 in shares of Crown Castle (NYSE:CCI) on 3/24/2026. Purchased $1,001 – $15,000 in shares of Fabrinet (NYSE:FN) on 3/24/2026. Sold $1,001 – $15,000 in shares of Intapp (NASDAQ:INTA) on 3/12/2026. Sold $1,001 – $15,000 in shares of Alcon (NYSE:ALC) on 3/12/2026. Sold $1,001 – $15,000 in shares of La-Z-Boy (NYSE:LZB) on 3/12/2026. Sold $1,001 – $15,000 in shares of HDFC Bank (NYSE:HDB) on 3/12/2026. Sold $1,001 – $15,000 in shares of Infineon Technologies (OTCMKTS:IFNNY) on 3/12/2026. Purchased $1,001 – $15,000 in shares of SEA (NYSE:SE) on 3/10/2026. Purchased $1,001 – $15,000 in shares of ServiceNow (NYSE:NOW) on 3/6/2026. CBIZ Stock Performance NYSE:CBZ opened at $27.61 on Friday. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 0.79. The firm has a 50-day moving average price of $29.20 and a two-hundred day moving average price of $43.80. CBIZ, Inc. has a twelve month low of $24.29 and a twelve month high of $80.65. The company has a market capitalization of $1.51 billion, a P/E ratio of 15.60, a price-to-earnings-growth ratio of 0.52 and a beta of 0.93.
CBIZ (NYSE:CBZ – Get Free Report) last posted its earnings results on Wednesday, February 25th. The business services provider reported ($0.70) earnings per share for the quarter, missing the consensus estimate of ($0.66) by ($0.04). CBIZ had a net margin of 4.19% and a return on equity of 12.23%. The business had revenue of $542.66 million for the quarter, compared to analysts’ expectations of $578.02 million. During the same quarter last year, the business posted ($0.20) earnings per share. The business’s revenue was up 17.9% compared to the same quarter last year. CBIZ has set its FY 2026 guidance at 3.750-3.850 EPS. As a group, research analysts expect that CBIZ, Inc. will post 2.65 earnings per share for the current fiscal year.
Institutional Investors Weigh In On CBIZ Hedge funds and other institutional investors have recently modified their holdings of the company. Durable Capital Partners LP purchased a new stake in CBIZ in the third quarter valued at approximately $207,872,000. 22C Capital LLC purchased a new stake in CBIZ in the fourth quarter valued at approximately $161,554,000. Bank of Montreal Can purchased a new stake in CBIZ in the fourth quarter valued at approximately $113,596,000. SG Americas Securities LLC purchased a new stake in CBIZ in the fourth quarter valued at approximately $35,653,000. Finally, Sunriver Management LLC purchased a new stake in CBIZ in the third quarter valued at approximately $31,605,000. 87.44% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Ratings Changes Several equities analysts have weighed in on the stock. Zacks Research upgraded shares of CBIZ from a “strong sell” rating to a “hold” rating in a report on Friday, March 27th. Weiss Ratings restated a “sell (d+)” rating on shares of CBIZ in a report on Wednesday, January 21st. Deutsche Bank Aktiengesellschaft assumed coverage on shares of CBIZ in a report on Monday, January 12th. They set a “hold” rating and a $60.00 target price for the company. BMO Capital Markets began coverage on shares of CBIZ in a report on Monday, March 30th. They set an “outperform” rating and a $33.00 target price for the company. Finally, CJS Securities upgraded shares of CBIZ to a “strong-buy” rating in a report on Thursday, December 11th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $46.50.
View Our Latest Research Report on CBZ
Insider Transactions at CBIZ In related news, CFO Brad S. Lakhia bought 12,775 shares of the stock in a transaction that occurred on Friday, March 13th. The stock was purchased at an average cost of $25.97 per share, for a total transaction of $331,766.75. Following the completion of the acquisition, the chief financial officer owned 148,480 shares in the company, valued at $3,856,025.60. This trade represents a 9.41% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 4.95% of the company’s stock.
About Representative Gottheimer Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey’s 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027.
Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey’s 5th Congressional District. He declared candidacy for the 2026 election.
Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025.
Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.
About CBIZ (Get Free Report)
CBIZ, Inc (NYSE: CBZ), founded in 1996 and headquartered in Cleveland, Ohio, is a leading provider of professional business services in the United States. Since its inception, the company has grown through both organic expansion and strategic acquisitions to deliver a broad spectrum of financial, tax and advisory solutions tailored to the needs of small to mid-market organizations.
Through its Financial & Advisory Services segment, CBIZ offers accounting, tax preparation and compliance, audit support, and wealth management services.
See Also Five stocks we like better than CBIZ Receive News & Ratings for CBIZ Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CBIZ and related companies with MarketBeat.com's FREE daily email newsletter.
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Integrated leadership unifies enterprise IT and client facing technology capabilities to strengthen execution, enhance client outcomes, and advance business transformation, innovation, and AI strategy April 14, 2026 10:30 ET | Source: CBIZ, Inc.
Cleveland, April 14, 2026 (GLOBE NEWSWIRE) -- CBIZ, Inc. (NYSE: CBZ), a leading national professional services advisor, announced today that Peter Scavuzzo has been elevated to Senior Vice President, Chief Information & Technology Officer and will continue to serve as President of CBIZ Technology. He succeeds Chief Information Officer, John Fleischer, who is retiring after 12 years with CBIZ. As part of a planned transition, Scavuzzo will assume the expanded role on May 1.
“Technology—particularly AI—is an increasingly important driver of how we deliver value to our clients,” said Jerry Grisko, President and CEO of CBIZ, Inc. “By bringing enterprise IT and Business Transformation and Innovation together under Peter’s leadership, we are advancing Technology, Data, and AI as an enterprise-wide capability. This will enable us to deliver greater insights and value to our clients supporting long-term revenue growth while driving efficiency.”
“On behalf of the entire CBIZ team, I thank John for his exceptional leadership and numerous contributions,” said Jerry Grisko. “He developed a robust, service-focused IT organization, enhanced our infrastructure and cybersecurity, and supported our business’ growth and integration over the years. We appreciate his invaluable contributions and wish him all the best in retirement.”
In Peter’s current role as CBIZ’s Chief Strategy Officer and National Leader of Technology, Scavuzzo has driven initiatives in enterprise transformation, innovation, AI, and business intelligence for CBIZ and its clients. As part of his expanded role, he will integrate CBIZ’s enterprise IT, client-facing solutions, and the Business Transformation and Innovation team under unified leadership, aligning technology investments with business goals to deliver accelerated results. His focus will include aligning technology with business needs, managing the technology portfolio, and ensuring business continuity. With a background in computer engineering and accounting, Peter combines strategic vision with superior execution.
“I’m honored to lead our newly unified technology function and continue building on the strong foundation that John and our teams have established,” said Scavuzzo. “Technology is essential for all functions at CBIZ and for our clients. By integrating leadership of enterprise IT with CBIZ Technology, we will better align investments with strategic goals, enhance resilience and security, accelerate delivery, and ensure that the business—and our clients—remain at the center of every decision.”
Scavuzzo joined CBIZ in 2024 following its acquisition of Marcum LLP, where he served as Chief Information & Digital Officer and Chief Executive Officer of Marcum Technology. In this role, he led innovation initiatives, like the Marcum Labs incubator, and managed growth through more than 50 M&A deals. He has more than 25 years of experience and holds a Bachelor of Science in Computer Engineering and a Master of Science in Telecommunication Networks from Polytechnic University.
About CBIZ
CBIZ, Inc. (NYSE: CBZ) is a leading professional services advisor to middle-market businesses nationwide. With industry knowledge and expertise in accounting, tax, advisory, benefits, insurance, and technology, CBIZ delivers actionable insights to help clients anticipate what is next and discover new ways to accelerate growth. CBIZ has more than 9,500 team members across 23 major markets coast to coast. For more information, visit www.cbiz.com.
Peter Scavuzzo
Peter Scavuzzo Senior Vice President, Chief Information & Technology Officer
CLEVELAND, April 15, 2026 (GLOBE NEWSWIRE) -- CBIZ, Inc. (NYSE: CBZ) (the “Company”), a leading advisor to the middle market, will announce its financial results for the first quarter ended March 31, 2026, after markets close on Wednesday, April 29, 2026.
A conference call to discuss the Company’s financial results will be hosted by CBIZ President and Chief Executive Officer Jerry Grisko and Chief Financial Officer Brad Lakhia at 5:00 p.m. ET on Wednesday, April 29, 2026. The conference call will be webcast live and archived on the investor relations page of the CBIZ website at https://cbiz.gcs-web.com/investor-overview.
Investors can register at https://dpregister.com/sreg/10208405/103d3539954 to receive the dial-in number and a unique personal identification number. Registration will be open throughout the live call; however, we encourage participants to dial in approximately 10 minutes early to avoid delays.
About CBIZ
CBIZ, Inc. (NYSE: CBZ) is a leading professional services advisor to middle-market businesses nationwide. With industry knowledge and expertise in accounting, tax, advisory, benefits, insurance, and technology, CBIZ delivers actionable insights to help clients anticipate what is next and discover new ways to accelerate growth. CBIZ has more than 9,500 team members across 23 major markets coast to coast. For more information, visit www.cbiz.com.
Shares of CBIZ, Inc. (NYSE:CBZ – Get Free Report) have earned an average recommendation of “Hold” from the seven research firms that are presently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is $41.3333.
CBZ has been the subject of a number of recent analyst reports. Zacks Research upgraded shares of CBIZ from a “strong sell” rating to a “hold” rating in a research report on Friday, March 27th. Weiss Ratings reiterated a “sell (d+)” rating on shares of CBIZ in a research report on Wednesday, January 21st. BMO Capital Markets started coverage on shares of CBIZ in a research report on Monday, March 30th. They set an “outperform” rating and a $33.00 price target for the company. Stephens started coverage on shares of CBIZ in a research report on Friday, April 10th. They set an “equal weight” rating and a $31.00 price target for the company. Finally, Deutsche Bank Aktiengesellschaft started coverage on shares of CBIZ in a research report on Monday, January 12th. They set a “hold” rating and a $60.00 price target for the company.
View Our Latest Research Report on CBZ
Insider Activity In related news, CFO Brad S. Lakhia purchased 12,775 shares of CBIZ stock in a transaction dated Friday, March 13th. The stock was bought at an average cost of $25.97 per share, for a total transaction of $331,766.75. Following the transaction, the chief financial officer owned 148,480 shares in the company, valued at approximately $3,856,025.60. The trade was a 9.41% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 4.10% of the company’s stock.
Institutional Investors Weigh In On CBIZ A number of hedge funds and other institutional investors have recently modified their holdings of CBZ. AQR Capital Management LLC lifted its position in shares of CBIZ by 6.2% during the 1st quarter. AQR Capital Management LLC now owns 11,725 shares of the business services provider’s stock valued at $889,000 after acquiring an additional 682 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of CBIZ by 4.7% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 29,294 shares of the business services provider’s stock valued at $2,222,000 after acquiring an additional 1,318 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of CBIZ by 5.7% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 143,270 shares of the business services provider’s stock valued at $10,868,000 after acquiring an additional 7,676 shares during the period. Jane Street Group LLC lifted its position in shares of CBIZ by 96.1% during the 1st quarter. Jane Street Group LLC now owns 41,240 shares of the business services provider’s stock valued at $3,128,000 after acquiring an additional 20,214 shares during the period. Finally, Prudential Financial Inc. lifted its position in shares of CBIZ by 80.4% during the 2nd quarter. Prudential Financial Inc. now owns 6,637 shares of the business services provider’s stock valued at $492,000 after acquiring an additional 2,957 shares during the period. 87.44% of the stock is currently owned by institutional investors and hedge funds.
CBIZ Price Performance Shares of NYSE:CBZ opened at $29.68 on Friday. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 0.79. The company has a market cap of $1.63 billion, a P/E ratio of 16.77, a PEG ratio of 0.57 and a beta of 0.93. CBIZ has a 52 week low of $24.29 and a 52 week high of $77.91. The company has a 50-day moving average price of $28.00 and a 200 day moving average price of $42.14.
CBIZ (NYSE:CBZ – Get Free Report) last announced its quarterly earnings data on Wednesday, February 25th. The business services provider reported ($0.70) EPS for the quarter, missing analysts’ consensus estimates of ($0.66) by ($0.04). The firm had revenue of $542.66 million during the quarter, compared to analyst estimates of $578.02 million. CBIZ had a net margin of 4.19% and a return on equity of 12.23%. CBIZ’s revenue for the quarter was up 17.9% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.20) EPS. CBIZ has set its FY 2026 guidance at 3.750-3.850 EPS. Research analysts predict that CBIZ will post 3.78 earnings per share for the current year.
About CBIZ (Get Free Report)
CBIZ, Inc (NYSE: CBZ), founded in 1996 and headquartered in Cleveland, Ohio, is a leading provider of professional business services in the United States. Since its inception, the company has grown through both organic expansion and strategic acquisitions to deliver a broad spectrum of financial, tax and advisory solutions tailored to the needs of small to mid-market organizations.
Through its Financial & Advisory Services segment, CBIZ offers accounting, tax preparation and compliance, audit support, and wealth management services.
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GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.
YoY Growth in Revenue, Earnings, and Cash Flow
Increased Adjusted Diluted EPS Outlook for Completed Share Repurchases
Executing on Capital Allocation Priorities
First-Quarter Financial Highlights:
Total revenue of $849M, up 1.3%; Financial Services revenue up 2.1%Net income of $162M, up 31.6%; GAAP EPS of $2.63, up 37.7%Adjusted EBITDA of $244M, up 1.5%; Adjusted diluted EPS of $2.50, up 7.3%Operating cash flow up 71.1%; Free cash flow up 69.5%Repurchased ~2M shares for ~$63M through end of April; net leverage decreased 0.5x YoY2026 outlook continues to contemplate low to mid-single digit revenue growth, improved earnings and strong free cash flow conversion over prior year CLEVELAND, April 29, 2026 (GLOBE NEWSWIRE) -- CBIZ, Inc., (NYSE: CBZ) (“CBIZ” or the “Company”), a leading national professional services advisor, today announced first quarter results for the period ended March 31, 2026.
Management Commentary:
Jerry Grisko, CBIZ President and Chief Executive Officer, said, “We entered 2026 with clear strategic priorities and executed with discipline in the first quarter. We achieved year-over-year growth in revenue, earnings, and free cash flow, while returning capital to shareholders through highly accretive share repurchases. Our organic growth improved throughout the quarter and is up sequentially compared to the fourth quarter. Reflecting our solid performance and the impact of the share repurchases, we are increasing our adjusted EPS outlook and reaffirming our other previously communicated targets.”
Grisko continued, “As we look ahead, we are encouraged by the momentum building across the business and the strong performance of our teams during our first busy season as a fully integrated organization. We remain focused on investing in our people, strengthening our brand, deepening our industry specialization, and enhancing the breadth and depth of services provided to our clients. We believe our strategy and continued execution position CBIZ to drive attractive growth and deliver long-term value for our clients and shareholders.”
Business Highlights:
Named a Top Workplace in the nation by USA Today for the sixth consecutive yearElevated Peter Scavuzzo, one of the leading voices on technology and AI in our industries, to Chief Information and Technology Officer to bring Enterprise IT, Business Transformation and Innovation all under one strategic leaderCBIZ team members continue to be recognized by the market as among the most highly regarded leaders in a number of industry groups, including Construction, Real Estate, Consumer and Industrial Products, Tech and Life Science and Private EquityAttracted new senior professional hires with strong retention levels across the businessDriving cross-serve and new logo wins through industry groups, increasing share of wallet and pipeline conversion across key verticals, such as Private Equity, Construction and Alternative InvestmentsExpanding breadth and depth of services through integrated delivery, collaborating across practices and geographies to support large, multi-service engagements, including cross-border tax, transaction advisory and technology-led workAchieved meaningful progress in deploying an agentic AI platform to drive productivity, consistency, and quality across operationsAccelerating our access to global capabilities to expand capacity and improve efficiency; on track to achieve 2026 target of 10% of total tax and attest hours completed by global resourcesAdvanced integration milestones during the quarter and on track to realize $12M in additional operational synergies in 2026 - continue to expect greater than $50M cumulativelyLaunched spring national brand campaign, featuring targeted, nationally televised ads across key markets to raise brand awareness
2026 Financial Outlook:
MetricPrevious 2026 OutlookUpdated 2026 OutlookTotal Revenue~$2.8B to $2.9B~$2.8B to $2.9BAdjusted EBITDA~$450M to $460M~$465M to $475MAdjusted Diluted EPS~$3.75 to $3.85~$4.00 to $4.10Free Cash Flow~$270M to $290M~$270M to $290M 2026 Financial Outlook Additional Support:
Revenue outlook represents approximately 2% to 5% growthIncreased Adjusted EBITDA and Adjusted Diluted EPS outlook ranges to reflect a stock-based compensation adjustment and share repurchases through end of AprilEffective tax rate of approximately 28.5%Weighted average fully diluted share count of approximately 60.5 million shares, down from approximately 62 million shares in previous outlookFree Cash Flow represents approximately 60% conversion of Adjusted EBITDA Conference Call
CBIZ will host a conference call today at 5 p.m. (ET) to discuss its first quarter results. The call will be webcast, and an archived replay will be available at https://cbiz.gcs-web.com/investor-overview. Participants can register for the conference call at https://dpregister.com/sreg/10208405/103d3539954.
About CBIZ
CBIZ, Inc. (NYSE: CBZ) is a leading professional services advisor to middle market businesses nationwide. With industry knowledge and expertise in accounting, tax, advisory, benefits, insurance, and technology, CBIZ delivers actionable insights to help clients anticipate what is next and discover new ways to accelerate growth. CBIZ has more than 9,500 team members across 23 major markets coast to coast. For more information, visit www.cbiz.com.
Forward-Looking Statements
This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). All statements other than statements of historical fact included in this release, including, without limitation, our “2026 Financial Outlook,” our financial position, business strategy, plans and objectives for future performance, are forward-looking statements. You can identify these statements by the fact that they do not relate strictly to historical or current facts. Forward-looking statements are commonly identified by the use of such terms and phrases as “will,” “could,” “can,” “may,” “strive,” “hope,” “intend,” “believe,” “estimate,” “continue,” “plan,” “expect,” “project,” “anticipate,” “outlook,” “foreseeable future,” “seek” and words or phrases of similar import in connection with any discussion of future operating or financial performance. In particular, these include statements relating to future actions, future performance or results of current and anticipated services, sales efforts, expenses, and financial results.
From time to time, we may also provide oral or written forward-looking statements in other materials we release to the public. Any or all of our forward-looking statements in this release and in any other public statements that we make are subject to certain risks and uncertainties that could cause actual results to differ materially from those projected. Such risks and uncertainties include, but are not limited to: payments on accounts receivable may be slower than expected, or amounts due on receivables or notes may not be fully collectible; our business could be adversely affected if the non-attest business assets we acquired, or the attest assets CBIZ CPAs acquired, from Marcum LLP (“Marcum”) do not perform to our expectations or we underestimate the liabilities we have assumed; we are dependent on the services of our executive officers, and other key employees, the loss of any of whom may have a material adverse effect on our business, financial condition and results of operations; our profitability could suffer if we are not able to effectively utilize our employees, maintain operational efficiencies or manage our cost structure; restrictions imposed by independence requirements and conflict of interest rules, as well as the nature and terms of our current administrative service agreements, limit our ability to provide services to clients of the attest firms with which we have contractual relationships and the ability of such attest firms to provide attestation services to our clients; our goodwill and other intangible assets could become impaired, which could lead to material non-cash charges against earnings and a material impact on our results of operations and financial condition; certain liabilities resulting from acquisitions are estimated and could lead to a material impact on our results of operations; we may fail to realize the anticipated benefits of acquisitions, or they may prove disruptive and could result in the combined business failing to meet our expectations; claims or adverse publicity could harm our brand, reputation and ability to compete and attract and retain clients, talent and future acquisition targets; we may not be able to acquire and finance additional businesses, which could limit our ability to pursue our business strategy; we will incur transaction, integration, and restructuring costs in connection with our acquisition program; governmental regulations and interpretations are subject to changes, which could have a material adverse effect on our financial condition; uncertainty in the current economic and geopolitical environment could lead to declines in demand for certain of our services; changes in the United States healthcare environment, including new healthcare legislation, may adversely affect the revenue and margins in our healthcare benefit business; we are subject to risks relating to processing customer transactions for our payroll and other transaction processing businesses; cyberattacks or other security breaches involving our computer systems or the systems of one or more of our vendors could materially and adversely affect our business; we are subject to risk as it relates to software that we license from third parties; we are reliant on information processing systems and any failure or disruptions of these systems could have a material adverse effect on our business, financial condition and results of operations; we could be held liable for errors and omissions; the business services industry is competitive and fragmented, if we are unable to compete effectively, our business, financial condition and results of operations could be negatively impacted; failure to maintain our reputation and brand could impact our ability to attract and retain clients, employees and future acquisition targets, and may have a material adverse effect on our business, financial condition and results of operations; we are dependent on our existing client base and our ability to retain and expand our relationships with those clients; our clients may terminate our engagements with little or no notice and without penalty, which may result in unexpected declines in our revenue or unexpected costs; given our levels of share-based compensation, our tax rate may vary significantly depending on our stock price; we may be subject to the actions of activist stockholders; rapid technological changes could significantly impact our competitive position, client relationships and operating results and our ability to realize the anticipated benefits of our acquisition of the non-attest business assets and liabilities of Marcum and CBIZ CPAs P.C.’s purchase from Marcum of substantially all of Marcum’s attest business assets (the “Transaction”); the widespread outbreak of a communicable illness or any other public health crisis could adversely affect our business, financial condition and results of operations; we require a significant amount of cash for interest payments on our debt and to expand our business as planned; terms of our amended and restated credit agreement (the “2024 Credit Facilities”) providing for $2.0 billion in senior secured credit facilities, consisting of a $1.4 billion term loan and $600 million revolving credit facility, could adversely affect our ability to run our business and/or reduce stockholder returns; our failure to satisfy covenants in our debt instruments could cause a default under those instruments; our increased leverage following the Transaction may adversely impact our business; we may be more sensitive to revenue fluctuations than other companies, which could result in fluctuations in the market price of our common stock; the significant number of shares issuable as the stock consideration in the Transaction may adversely impact our stock price; the future issuance of additional shares could adversely affect the price of our common stock; there is volatility in our stock price; and the price of our common stock could be adversely impacted if we do not perform to expectations following the Transaction.
Such forward-looking statements can be affected by inaccurate assumptions we might make or by known or unknown risks and uncertainties. Should one or more of these risks materialize, or should the underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated, projected or implied. Consequently, no forward-looking statement can be guaranteed. Our actual future results may vary materially. All forward looking statements made in this release are made only as of the date hereof, and we undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. You are advised, however, to consult any further disclosures we make on related subjects in the current, quarterly, periodic and annual reports we file with the Securities and Exchange Commission (“SEC”). Also note that we provide a cautionary discussion of the risks, uncertainties and possibly inaccurate assumptions relevant to our businesses in “Item 1. Business” and “Item 1A. Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2025. These are factors that we think could cause our actual results to differ materially from expected and historical results. Other factors besides those described here could also adversely affect our operating or financial performance.
Non-GAAP Financial Measures
To supplement our consolidated financial statements, which are prepared and presented in accordance with United States Generally Accepted Accounting Principles (“GAAP”), we also present Adjusted Net Income (Loss), Adjusted Diluted Earnings Per Share (“EPS”), Adjusted EBITDA, and Free Cash Flow, which are non-GAAP measures. These non-GAAP measures are adjusted to exclude the impact of the Transaction, integration costs, amortization of acquired intangible assets, and other significant non-operating related gains and losses management does not consider ongoing in nature. The presentation of non-GAAP financial information is designed to supplement the Company’s financial information presented in accordance with GAAP, is not intended to be considered in isolation or as a substitute for, or superior to, the financial information prepared and presented in accordance with GAAP. We use these non-GAAP financial measures for financial and operational decision-making, and to evaluate results relative to employee compensation targets. We believe that these non-GAAP financial measures provide meaningful supplemental information to stockholders, debt holders, and other interested parties in assessing our performance. These non-GAAP financial measures also facilitate management’s internal comparisons to our historical performance by excluding significant acquisition expenses, certain one-time non-recurring items, and gains and losses that management does not consider ongoing in nature. We believe these non-GAAP financial measures are useful to investors both because (1) they allow for greater transparency with respect to key measures used by management in its financial and operational decision-making and (2) they are used by our stockholders and analyst community to determine the health of our business. These non-GAAP measures may not be comparable to similar non-GAAP measures presented by other companies. The presentation of such non-GAAP measures, which may include exclusions of non-recurring items, should not be construed as an inference that the Company's future results will be unaffected by other non-recurring items. Management provides specific information regarding the GAAP amounts excluded from or included in these non-GAAP financial measures. Additionally, management provides reconciliations of these non-GAAP financial measures to their most comparable financial measures presented in accordance with GAAP. Please see the schedules captioned “GAAP Reconciliation” at the end of this release for additional information and the applicable reconciliations. The Company does not reconcile its forward-looking non-GAAP financial measures to the most comparable financial measure presented in accordance with GAAP, due to variability and difficulty in making accurate forecasts and projections and/or certain information not being ascertainable or accessible without unreasonable efforts. For example, the Company may be unable, without unreasonable efforts, to predict with reasonable certainty the timing or amount of integration costs, amortization of acquired intangible assets and certain other significant non-operating related gains and losses on a forward-looking basis. The significance of this unavailable information could have a material impact on the Company’s GAAP results. The Company provides forward-looking non-GAAP financial measures that it believes will be achieved; however, it cannot accurately predict all of the components of the most directly comparable financial measures presented in accordance with GAAP, and the GAAP measures may be materially different than the non-GAAP measures.
CBIZ, INC.
FINANCIAL HIGHLIGHTS (UNAUDITED)
THREE MONTHS ENDED MARCH 31, 2026 AND 2025
(In thousands, except percentages and per share data)
Three Months Ended March 31, 2026 % 2025 %Revenue$848,579 100.0% $838,014 100.0%Operating expenses(1) 622,562 73.4 609,912 72.8 Gross margin 226,017 26.6 228,102 27.2 Corporate general and administrative expenses(1) 29,568 3.5 28,070 3.3 Operating income 196,449 23.1 200,032 23.9 Other (expense) income: Interest expense (23,916) (2.8) (25,156) (3.0)Gain from acquisition related adjustment, net 57,955 6.8 — — Other expense, net(1) (2) (4,016) (0.5) (1,966) (0.2)Total other income (expense), net 30,023 3.5 (27,122) (3.2)Income before income tax expense 226,472 26.7 172,910 20.6 Income tax expense 64,860 50,137 Net income$161,612 19.0% $122,773 14.7% Diluted earnings per share$2.63 $1.91 Diluted weighted average common shares outstanding 61,537 64,142 Other data: Adjusted EBITDA(3)$244,343 28.8% $240,725 28.7%Adjusted Diluted EPS(3)$2.50 $2.33 (1) We sponsor a Non-qualified Deferred Compensation Plan (the "deferred compensation plan"), under which a CBIZ employee’s compensation deferral is held in a rabbi trust and invested accordingly as directed by the employee. The activities related to the deferred compensation plan are recorded in "Corporate and Other" for segment reporting purposes. Gains and losses resulting from the adjustments to the fair value of the invested assets in the deferred compensation plan are recorded as an increase or decrease to the "Other income (expense), net", directly offset by the same adjustments as an increase or decrease to compensation expense (recorded as "Operating expense" or "Corporate general and administrative expense") in the accompanying Unaudited Condensed Consolidated Statements of Comprehensive Income. The deferred compensation plan has no impact on “Income before income tax expense” or diluted earnings per share.
Income and expenses related to the deferred compensation plan for the three months ended March 31, 2026, and 2025, are as follows (in thousands, except percentages):
Three Months Ended March 31,Income statement line items: 2026 % of Revenue 2025 % of RevenueOperating expense $(3,069) (0.4)% $(2,432) (0.3)%Corporate general and administrative income (319) —% (119) —%Other expense, net 3,388 0.4% 2,551 0.3% Excluding the impact of the above-mentioned income and expenses related to the deferred compensation plan, the operating results for the three months ended March 31, 2026, and 2025, are as follows (in thousands, except percentages):
Three Months Ended March 31, 2026 2025 As
Reported Deferred Compensation Plan Adjusted % of
Revenue As
Reported Deferred Compensation Plan Adjusted % of
RevenueGross margin$226,017 $(3,069) $222,948 26.3% $228,102 $(2,432) $225,670 26.9%Operating income 196,449 (3,388) 193,061 22.8% 200,032 (2,551) 197,481 23.6%Other expense, net (4,016) 3,388 (628) (0.1)% (1,966) 2,551 585 0.1%Income before income tax expense 226,472 — 226,472 26.7% 172,910 — 172,910 20.6% (2) Included in "Other expense, net" for the three months ended March 31, 2026, and 2025, is expense of $0.2 million and $0.5 million, respectively, related to net changes in the fair value of contingent consideration related to CBIZ's prior acquisitions.
(3) Refer to the schedules reconciling Adjusted Diluted EPS and Adjusted EBITDA to the most directly comparable GAAP financial measures at the end of this release and for additional information as to the usefulness of the non-GAAP financial measures to stockholders and investors.
CBIZ, INC.
FINANCIAL HIGHLIGHTS (UNAUDITED)
SELECT SEGMENT DATA
(In thousands)
Three Months Ended March 31, 2026 2025 Revenue Financial Services(1)$740,330 $725,038 Benefits and Insurance Services 108,249 112,976 Total Revenue$848,579 $838,014 Gross Margin Financial Services(1)$209,560 $204,280 Benefits and Insurance Services 23,015 27,618 Operating expenses - unallocated(2): Other expense (9,627) (6,228)Deferred compensation 3,069 2,432 Total Gross Margin$226,017 $228,102 As a % of Revenue 26.6% 27.2% (1) During the three months of March 31, 2026, the National Practice practice was combined with the Financial Service practice group to better align with internal management and reporting structure. As a result, the Financial Services revenue and gross margin for the three months ended March 31, 2025 was adjusted to reflect this change.
(2) Represents operating expenses not directly allocated to individual businesses, including stock-based compensation, consolidation and integration charges, and certain advertising expenses. "Operating expenses - unallocated" also includes gains or losses attributable to the assets held in a rabbi trust associated with the Company's deferred compensation plan. These gains or losses do not impact "Income before income tax expense" as they are directly offset by the same adjustment to "Other income (expense), net" in the Consolidated Statements of Comprehensive Income. Net gains or losses recognized from adjustments to the fair value of the assets held in the rabbi trust are recorded as compensation expense (income) in "Operating expenses" and “Corporate, general and administrative expenses,” and offset in "Other income (expense), net."
CBIZ, INC.
SELECT CASH FLOW DATA (UNAUDITED)
(In thousands)
Three Months Ended March 31, 2026 2025 Net income$161,612 $122,773 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation and amortization expense 23,750 24,791 Bad debt expense, net of recoveries 1,409 417 Adjustments to contingent earnout liability, net 195 502 Deferred income taxes 7,530 5,639 Stock-based compensation expense 14,660 4,320 Amortization of deferred financing fees 1,349 1,298 Other, net 837 (289)Changes in assets and liabilities, net of acquisitions and divestitures: Accounts receivable, net (214,671) (201,258)Other assets 2,910 (8,990)Accounts payable (4,191) 11,985 Income taxes payable 49,791 45,626 Accrued personnel costs (77,295) (84,642)Other liabilities 6,599 (10,438)Net cash used in operating activities (25,515) (88,266)Net cash used in investing activities (2,919) (4,961)Net cash provided by (used in) financing activities (12,578) 55,363 Net decrease in cash, cash equivalents and restricted cash (41,012) (37,864)Cash, cash equivalents and restricted cash at beginning of year 218,090 187,170 Cash, cash equivalents and restricted cash at end of period$177,078 $149,306 Reconciliation of cash, cash equivalents and restricted cash to the consolidated balance sheet:Cash and cash equivalents$28,718 $8,850 Restricted cash 40,622 40,777 Cash equivalents included in funds held for clients 107,738 99,679 Total cash, cash equivalents and restricted cash$177,078 $149,306 CBIZ, INC.
GAAP RECONCILIATION
Operating Cash Flow to Free Cash Flow(1)
(Unaudited. Amounts in thousands, except per share data)
Three Months Ended March 31, 2026 2025 Net cash used in operating activities$(25,515) $(88,266)Less: Additions to property and equipment (3,000) (5,177)Free Cash Flow$(28,515) $(93,443) (1) This table reconciles Free Cash Flow to the most directly comparable GAAP financial measure of net cash provided by operating activities. Free Cash Flow is a non-GAAP measure that management believes provides a more complete understanding of the factors and trends affecting our cash flows. This information is useful to investors, as it offers a measure of cash generated from our business that can be used for our strategic business objectives.
CBIZ, INC.
SELECT FINANCIAL DATA AND RATIOS (UNAUDITED)
(In thousands, except percentages, DSO, and per share data)
March 31, 2026 December 31, 2025Cash and cash equivalents$28,718 $18,290 Restricted cash 40,622 38,234 Accounts receivable, net 769,442 555,995 Other current assets 77,639 79,693 Current assets before funds held for clients 916,421 692,212 Funds held for clients 152,862 207,037 Goodwill and other intangible assets, net 2,856,166 2,869,790 Total assets 4,629,960 4,409,528 Current liabilities before client fund obligations, excluding short-term debt 427,781 462,484 Client fund obligations 152,951 206,738 Current portion, Term Loan(1) 78,750 70,000 Revolver Facility(1) 239,000 142,400 Long-term portion, Term Loan(1) 1,233,750 1,260,000 Total liabilities 2,735,784 2,647,461 Treasury stock (1,110,111) (1,078,521) Total stockholders' equity 1,894,176 1,762,067 Debt to equity 69.3% 75.5%Days sales outstanding (DSO)(2) 99 71 Shares outstanding 54,299 54,380 Basic weighted average common shares outstanding 61,424 62,909 Diluted weighted average common shares outstanding 61,537 63,240 (1) Reflects the gross debt for the Term Loan and Revolving Credit Facility excluding the associated unamortized deferred debt issuance costs totaling $15.1 million and $16.5 million, respectively, as of March 31, 2026 and December 31, 2025.
(2) DSO is provided for continuing operations and represents accounts receivable, net, at the end of the period, divided by trailing twelve-months daily revenue. The Company has included DSO data because such data is commonly used as a performance measure by analysts and investors and as a measure of the Company's ability to collect on receivables in a timely manner. DSO should not be regarded as an alternative or replacement to any measurement of performance under GAAP. DSO on March 31, 2025, was 96.
CBIZ, INC.
GAAP RECONCILIATION
Net Income (Loss) and Diluted Earnings Per Share (“EPS”) to Adjusted Net Income (Loss), Adjusted Diluted EPS, Adjusted EBITDA, and Adjusted EBITDA Margin(1)
(Unaudited. Amounts in thousands, except per share data)
Three Months Ended March 31, 2026 Financial
Services Benefits and
Insurance
Services Corporate &
Other Consolidated EPSNet income (loss)$208,687 $23,390 $(70,465) $161,612 $2.63 Adjustments: Amortization of acquired intangible assets 17,135 1,519 — 18,654 0.30 Integration costs related to acquisitions(2) 14,800 23 9,046 23,869 0.39 Gain from acquisition related adjustment, net(3) — — (57,955) (57,955) (0.94)Stock-based compensation(4) 658 — 3,649 4,307 0.07 Income tax effect related to adjustments — — 3,186 3,186 0.05 Adjusted net income (loss)$241,280 $24,932 $(112,539) $153,673 $2.50 Interest expense — — 23,916 23,916 Income tax expense — — 64,860 64,860 Tax effect related to the adjustments above — — (3,186) (3,186) Depreciation(5) 3,184 507 1,389 5,080 Adjusted EBITDA$244,464 $25,439 $(25,560) $244,343 As a % of Revenue 33.0% 23.5% N/A 28.8% Three Months Ended March 31, 2025 Financial
Services Benefits and
Insurance
Services Corporate &
Other Consolidated EPSNet income (loss)$204,465 $27,945 $(109,637) $122,773 $1.91 Adjustments: Amortization of acquired intangible assets 16,890 1,776 — 18,666 0.29 Integration costs related to acquisitions(2) 2,513 156 13,023 15,692 0.24 Litigation costs — — 796 796 0.01 Stock-based compensation(4) — — 2,309 2,309 0.04 Income tax effect related to adjustments — — (10,863) (10,863) (0.16)Adjusted net income (loss)$223,868 $29,877 $(104,372) $149,373 $2.33 Interest expense — — 25,156 25,156 Income tax expense — — 50,137 50,137 Tax effect related to the adjustments above — — 10,863 10,863 Depreciation(5) 3,558 549 1,089 5,196 Adjusted EBITDA$227,426 $30,426 $(17,127) $240,725 As a % of Revenue 31.4% 26.9% N/A 28.7% (1) This table reconciles Adjusted net income (loss), Adjusted diluted EPS, Adjusted EBITDA, and Adjusted EBITDA margin to the most directly comparable GAAP financial measures. Adjusted net income (loss), Adjusted diluted EPS, Adjusted EBITDA, and Adjusted EBITDA margin exclude the impact of the Transaction and other significant non-operating related gains and losses that management does not consider on-going in nature. Please refer to the 'Non-GAAP Financial Measures' section for further management discussion.
(2) These costs include, but are not limited to, certain consulting, technology, personnel, as well as other integration costs related to the Transaction.
(3) Gain related the finalization of working capital and related purchase price adjustments associated with the Transaction.
(4) Stock-based compensation expense reported for the three months ended March 31, 2026 and 2025 excluded $3.2 million and $3.3 million, respectively, of stock-based compensation expense reported as “Integration costs related to acquisitions” above.
(5) Depreciation expense reported for the three months ended March 31, 2026 and 2025 excluded $16 thousand and $0.9 million, respectively, of depreciation expense reported as “Integration costs related to acquisitions” above. The accelerated depreciation was associated with certain technology assets from the Transaction.
CBIZ (CBZ - Free Report) came out with quarterly earnings of $2.5 per share, beating the Zacks Consensus Estimate of $2.28 per share. This compares to earnings of $2.29 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +9.72%. A quarter ago, it was expected that this provider of outsourced business services would post a loss of $0.66 per share when it actually produced a loss of $0.7, delivering a surprise of -6.06%.
Over the last four quarters, the company has surpassed consensus EPS estimates three times.
CBIZ, which belongs to the Zacks Consulting Services industry, posted revenues of $848.58 million for the quarter ended March 2026, missing the Zacks Consensus Estimate by 0.41%. This compares to year-ago revenues of $838.01 million. The company has not been able to beat consensus revenue estimates over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
CBIZ shares have lost about 35.6% since the beginning of the year versus the S&P 500's gain of 4.3%.
What's Next for CBIZ?While CBIZ has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for CBIZ was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.80 on $700.08 million in revenues for the coming quarter and $3.78 on $2.84 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Consulting Services is currently in the top 40% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Hackett Group (HCKT - Free Report) , another stock in the same industry, has yet to report results for the quarter ended March 2026. The results are expected to be released on May 5.
This consulting company is expected to post quarterly earnings of $0.35 per share in its upcoming report, which represents a year-over-year change of -14.6%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Hackett Group's revenues are expected to be $71.65 million, down 6% from the year-ago quarter.
