Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate CBIZ Inc before investing.

In this article, we go over a few key elements for understanding CBIZ Inc’s stock price such as:

• CBIZ Inc’s current stock price and volume
• Why CBIZ Inc’s stock price changed recently
• Upgrades and downgrades for CBZ from analysts
• CBZ’s stock price momentum as measured by its relative strength

About CBIZ Inc (CBZ)

Before we jump into CBIZ Inc’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

CBIZ, Inc. is a provider of financial, insurance and advisory services to businesses throughout the United States and parts of Canada. It provides a range of accounting, insurance brokerage, financial and advisory services. It delivers its services through three groups: Financial Services, Benefits and Insurance Services, and National Practices. Financial Services is comprised of core accounting services, including traditional accounting, tax compliance, advisory, and specialty services, like transaction and risk advisory services, litigation support, valuation, and federal and state government health care compliance and consulting. Benefits and Insurance Services provides brokerage and consulting for group health benefits and property and casualty insurance, in addition to retirement plan advisory and investment services. National Practices provides information technology and hardware services and healthcare consulting services. It also maintains a cyber risk management program.

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CBIZ Inc’s Stock Price as of Market Close

As of September 09, 2024, 4:00 PM, CST, CBIZ Inc’s stock price was $65.60.

CBIZ Inc is down 4.54% from its previous closing price of $68.72.

During the last market session, CBIZ Inc’s stock traded between $68.72 and $71.80. Currently, there are 50.11 million shares of CBIZ Inc stock available for purchase.

CBIZ Inc’s price-earnings (P/E) ratio is currently at 29.4, which is high compared to the Business Support Services industry median of 22. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

CBIZ Inc Stock Price History

CBIZ Inc’s (CBZ) price is currently down 10.87% so far this month.

During the month of September, CBIZ Inc’s stock price has reached a high of $74.15 and a low of $65.23.

Over the last year, CBIZ Inc has hit prices as high as $86.36 and as low as $49.15. Year to date, CBIZ Inc’s stock is up 40.02%.

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What Caused CBIZ Inc Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of September 06, 2024, there were 0 analysts who downgraded CBIZ Inc’s stock and 2 analysts who upgraded over the last month.

Additionally, you'll want to evaluate CBIZ Inc’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on CBIZ Inc’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

CBIZ Inc’s current valuation based on AAII’s Value Grade is a D, which means it is considered to be Expensive.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about CBIZ Inc (CBZ) by visiting AAII Stock Evaluator.

Relative Price Strength of CBIZ Inc

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of September 06, 2024, CBIZ Inc has a weighted four-quarter relative price strength of 0.11%, which translates to a Momentum Score of 63 and is considered to be Strong.

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CBIZ Inc Stock Price: Bottom Line

As of September 9, 2024, CBIZ Inc’s stock price is $65.60, which is down 4.54% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like CBIZ Inc stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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