The stock of Cbiz Inc (NYSE: CBZ) has decreased by -0.67 when compared to last closing price of 83.00.Despite this, the company has seen a gain of 5.84% in its stock price over the last five trading days. zacks.com reported 2024-11-25 that CBIZ (CBZ) made it through our “Recent Price Strength” screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.
Is It Worth Investing in Cbiz Inc (NYSE: CBZ) Right Now?
The price-to-earnings ratio for Cbiz Inc (NYSE: CBZ) is 34.86x, which is above its average ratio. Moreover, the 36-month beta value for CBZ is 0.95. Analysts have varying opinions on the stock, with 2 analysts rating it as a “buy,” 1 as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for CBZ is 47.65M and currently, short sellers hold a 2.55% of that float. On November 28, 2024, CBZ’s average trading volume was 325.51K shares.
CBZ’s Market Performance
CBZ’s stock has seen a 5.84% increase for the week, with a 16.00% rise in the past month and a 15.77% gain in the past quarter. The volatility ratio for the week is 2.14%, and the volatility levels for the past 30 days are at 2.31% for Cbiz Inc. The simple moving average for the past 20 days is 6.78% for CBZ’s stock, with a 11.78% simple moving average for the past 200 days.
Analysts’ Opinion of CBZ
Many brokerage firms have already submitted their reports for CBZ stocks, with Sidoti repeating the rating for CBZ by listing it as a “Buy.” The predicted price for CBZ in the upcoming period, according to Sidoti is $86 based on the research report published on August 12, 2024 of the current year 2024.
Sidoti gave a rating of “Buy” to CBZ, setting the target price at $63 in the report published on October 30th of the previous year.
CBZ Trading at 16.29% from the 50-Day Moving Average
After a stumble in the market that brought CBZ to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -4.54% of loss for the given period.
Volatility was left at 2.31%, however, over the last 30 days, the volatility rate increased by 2.14%, as shares surge +16.31% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +22.61% upper at present.
During the last 5 trading sessions, CBZ rose by +5.84%, which changed the moving average for the period of 200-days by +30.13% in comparison to the 20-day moving average, which settled at $77.21. In addition, Cbiz Inc saw 31.71% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for CBZ
Current profitability levels for the company are sitting at:
- 0.09 for the present operating margin
- 0.14 for the gross margin
The net margin for Cbiz Inc stands at 0.07. The total capital return value is set at 0.09. Equity return is now at value 13.69, with 5.66 for asset returns.
Based on Cbiz Inc (CBZ), the company’s capital structure generated 0.26 points at debt to capital in total, while cash flow to debt ratio is standing at 0.51. The debt to equity ratio resting at 0.35. The interest coverage ratio of the stock is 7.52.
Currently, EBITDA for the company is 226.99 million with net debt to EBITDA at 2.54. When we switch over and look at the enterprise to sales, we see a ratio of 2.8. The receivables turnover for the company is 3.53for trailing twelve months and the total asset turnover is 0.79. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.49.
Conclusion
To wrap up, the performance of Cbiz Inc (CBZ) has been better in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
