CBIZ Inc. provides professional business services, products, and solutions in the United States and Canada. It offers its services through three practice groups: Financial Services, Employee Services, and National Practices. The company was founded in 1987 and is based in Cleveland, Ohio.
CBZ Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for CBIZ Inc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that CBIZ Inc ranked in the 65th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. In terms of the factors that were most noteworthy in this DCF analysis for CBZ, they are:
Interest coverage, a measure of earnings relative to interest payments, is 17.4; that's higher than 86.34% of US stocks in the Industrials sector that have positive free cash flow.
CBIZ Inc's weighted average cost of capital (WACC) is 8%; for context, that number is higher than just 21.78% of tickers in our DCF set.
CBZ's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 2%; for context, that number is higher than just 21.78% of tickers in our DCF set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Industrials that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as CBZ, try AAN, BV, OMAB, ULH, and STN.
CBIZ, Inc. (CBZ) Q2 2020 Earnings Conference Call July 30, 2020 11:00 AM ET Company Participants Lori Novickis - Director of Corporate Relations Jerry Grisko - President & Chief Executive Officer Ware Grove - Chief Financial Officer Conference Call Participants Andrew Nicholas - William Blair Chris Moore - CJS Securities...
Shares of CBIZ (NYSE:CBZ) were unchanged in pre-market trading after the company reported Q2 results.Quarterly Results Earnings per share increased 30.00% year over year to $0.39, which beat the estimate of $0.24.Revenue of $236,943,000 higher by 0.61% from the same period last year, which beat the estimate of $226,970,000.Looking Ahead CBIZ hasn't issued any earnings guidance for the time being.CBIZ hasn't issued any revenue guidance for the time being.Details Of The Call Date: Jul 30, 2020View more earnings on CBZTime: 11:00 AMET Webcast URL: https://dpregister.com/DiamondPassRegistration/register?linkSecurityString=78449&confirmationNumber=10146606Recent Stock Performance 52-week high: $28.7352-week low: $16.85Price action over last quarter: Up 5.16%Company Profile CBIZ Inc t...