2024-02-19 10:32:20 ET
Summary
- CBIZ has achieved an average annual earnings growth of 10.05% over the past five years through organic growth and acquisitions.
- The company's diverse business lines and competitive advantages give it the potential for continued growth and higher share prices.
- It expects earnings to increase by 12.0% to 15.0% in 2024, and I expect the share price to follow the EPS lead.
Thesis
Financial services company CBIZ, Inc. (CBIZ) has grown its earnings by an average of 10.05% per year over the past five years, due to investments in organic growth and acquisitions....
Read the full article on Seeking Alpha
For further details see:
CBIZ: A Recent Gap-Up May Not Mark The End Of Its Profitable Growth