CBIZ, Inc. (CBZ) Stock AnalysisCBZCBIZ, Inc.

CBIZ, Inc. is a professional services advisor to middle-market businesses and organizations nationwide. It provides a range of accounting, tax, advisory, benefits, insurance, and technology services. It delivers its services through three groups: Financial Services, Benefits and Insurance Services, and National Practices. Financial Services is comprised of traditional accounting services, tax return preparation, administrative services, financial and risk advisory, consulting, valuation, and IT services. Benefits and Insurance Services provides brokerage and consulting along lines of service which include group health benefits consulting and brokerage, property and casualty brokerage, retirement plan advisory, payroll, human capital management, actuarial, life insurance, and other services. National Practices provides managed networking and hardware services consisting of installation, maintenance and repair of computer hardware. It also maintains a cyber risk management program. It operates in the Industrials sector (SERVICES-BUSINESS SERVICES, NEC industry).

CBIZ Inc is a good buy right now due to its current price of $54.78, which is below the acquisition price of $55 per share in the merger with Grant Thornton, indicating a potential upside. Additionally, the forward P/E ratio of 12.17 suggests the stock is undervalued compared to its earnings potential. However, a risk to consider is the significant selling by hedge funds, which has increased by 1593.40% over the last quarter, indicating potential concerns among institutional investors.

2 analysts cover CBZ: 1 rate it Buy, 1 Hold and 0 Sell. The average price target is 60.00.