Insperity Inc (NYSE:NSP) Expected to Post Q3 2019 Earnings of $0.91 Per Share

Insperity Inc (NYSE:NSP) – Investment analysts at SunTrust Banks decreased their Q3 2019 earnings estimates for Insperity in a research note issued to investors on Monday, July 29th, according to Zacks Investment Research. SunTrust Banks analyst T. Sommer now forecasts that the business services provider will earn $0.91 per share for the quarter, down from their previous forecast of $0.99. SunTrust Banks has a “Buy” rating on the stock. SunTrust Banks also issued estimates for Insperity’s Q1 2020 earnings at $1.94 EPS, Q3 2020 earnings at $1.28 EPS and FY2020 earnings at $5.10 EPS.

Insperity (NYSE:NSP) last released its quarterly earnings results on Monday, July 29th. The business services provider reported $0.83 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.69 by $0.14. Insperity had a net margin of 4.04% and a return on equity of 136.63%. The business had revenue of $1.04 billion for the quarter, compared to analyst estimates of $1.04 billion. During the same quarter in the previous year, the business earned $0.68 earnings per share. The firm’s revenue was up 13.1% compared to the same quarter last year.

Several other research firms have also weighed in on NSP. Robert W. Baird set a $141.00 price objective on shares of Insperity and gave the company a “buy” rating in a research note on Wednesday. Zacks Investment Research upgraded shares of Insperity from a “hold” rating to a “buy” rating and set a $133.00 price objective on the stock in a research note on Thursday, May 2nd. Roth Capital dropped their price objective on shares of Insperity from $147.00 to $138.00 in a research note on Tuesday, July 30th. Finally, ValuEngine lowered shares of Insperity from a “buy” rating to a “hold” rating in a research note on Monday, July 29th. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of $135.25.

Shares of NSP stock traded down $1.93 during trading hours on Thursday, reaching $93.90. 456,100 shares of the stock traded hands, compared to its average volume of 374,190. Insperity has a 1-year low of $86.63 and a 1-year high of $144.92. The business has a fifty day moving average price of $115.77 and a 200 day moving average price of $120.12. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 1.26. The firm has a market capitalization of $3.95 billion, a PE ratio of 27.86, a PEG ratio of 1.29 and a beta of 1.01.

In other Insperity news, insider Arthur A. Arizpe sold 5,000 shares of the business’s stock in a transaction that occurred on Thursday, July 18th. The shares were sold at an average price of $134.00, for a total value of $670,000.00. Following the completion of the sale, the insider now directly owns 37,633 shares of the company’s stock, valued at $5,042,822. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Austin P. Young sold 3,000 shares of the business’s stock in a transaction that occurred on Tuesday, June 11th. The stock was sold at an average price of $120.97, for a total transaction of $362,910.00. Following the completion of the sale, the director now directly owns 21,616 shares of the company’s stock, valued at $2,614,887.52. The disclosure for this sale can be found here. In the last quarter, insiders sold 20,618 shares of company stock worth $2,621,620. Company insiders own 6.86% of the company’s stock.

Hedge funds have recently bought and sold shares of the business. Advisors Preferred LLC bought a new stake in shares of Insperity during the 1st quarter worth $26,000. Westside Investment Management Inc. acquired a new position in Insperity during the 2nd quarter valued at $31,000. Valeo Financial Advisors LLC acquired a new position in Insperity during the 2nd quarter valued at $49,000. US Bancorp DE raised its stake in Insperity by 279.1% during the 2nd quarter. US Bancorp DE now owns 436 shares of the business services provider’s stock valued at $53,000 after purchasing an additional 321 shares during the last quarter. Finally, Bremer Bank National Association acquired a new position in Insperity during the 1st quarter valued at $60,000. 82.80% of the stock is owned by institutional investors.

Insperity Company Profile

Insperity, Inc provides human resources (HR) and business solutions to enhance business performance for small and medium-sized businesses in the United States. The company offers its HR services through its Workforce Optimization and Workforce Synchronization solutions, which include a range of human resources functions, such as payroll and employment administration, employee benefits, workers' compensation, government compliance, performance management, and training and development services.

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Earnings History and Estimates for Insperity (NYSE:NSP)

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