CBIZ ( (CBZ) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
CBIZ Inc.’s stock is on the rise due to strong growth in its nonrecurring businesses and the successful integration of Marcum, which has enhanced synergy expectations. Despite a slight miss in Q3 revenue expectations, the company demonstrated significant growth in adjusted EBITDA and EPS, thanks to improved market conditions and strategic acquisitions. Analysts have given CBIZ a Buy rating, supported by the company’s maintained full-year guidance and optimistic projections for 2025, showcasing confidence in its resilient business model.
More about CBIZ
YTD Price Performance: -36.78%
Average Trading Volume: 666,354
Technical Sentiment Signal: Sell
Current Market Cap: $2.77B
For further insights into CBZ stock on TipRanks’ Stock Analysis page.
See more of today’s top stock gainers and losers.