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Tuesday, February 21, 2012

CBIZ shares prices outlook 2012

CBIZ shares prices outlook 2012 : CBIZ (NYS: CBZ) -- $6.69 Giving mid-sized business the ability to outsource professional services gives CBIZ customers a shot at thinking bigger without having to invest heavily in internal HR departments, medical practice management, or other enterprise offerings.

CBIZ is coming off a ho-hum 2011 where revenue was flat, but adjusted earnings climbed 12%.

CBIZ is eyeing modest organic revenue growth in 2012, with profitability inching even higher. After earning $0.58 a share in 2011, Wall Street is forecasting net income of $0.63 a share this year and $0.68 a share come 2013.

Profitability and movement in the right direction aren't characteristics you see in most stocks mucking about in the single digits -- and this is before the economy picks up and demand for CBIZ spikes.

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