$0.65 EPS Expected for Insperity, Inc. (NYSE:NSP) This Quarter

Wall Street analysts expect that Insperity, Inc. (NYSE:NSP) will report earnings of $0.65 per share for the current quarter, according to Zacks. Two analysts have provided estimates for Insperity’s earnings. The lowest EPS estimate is $0.64 and the highest is $0.65. Insperity reported earnings of $1.54 per share in the same quarter last year, which indicates a negative year-over-year growth rate of 57.8%. The business is scheduled to announce its next quarterly earnings report on Monday, August 2nd.

On average, analysts expect that Insperity will report full-year earnings of $4.11 per share for the current financial year, with EPS estimates ranging from $4.10 to $4.11. For the next financial year, analysts expect that the firm will post earnings of $4.77 per share, with EPS estimates ranging from $4.64 to $4.90. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side analysts that follow Insperity.

Insperity (NYSE:NSP) last announced its quarterly earnings results on Monday, May 3rd. The business services provider reported $1.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.56 by $0.26. Insperity had a return on equity of 271.01% and a net margin of 3.18%. The company had revenue of $1.29 billion during the quarter, compared to the consensus estimate of $1.20 billion. During the same period in the prior year, the company earned $1.70 earnings per share. The company’s revenue for the quarter was up 4.7% compared to the same quarter last year.

A number of research firms recently issued reports on NSP. Zacks Investment Research upgraded Insperity from a “sell” rating to a “hold” rating and set a $90.00 price objective for the company in a report on Wednesday, April 14th. Roth Capital increased their price objective on Insperity from $98.00 to $103.00 and gave the stock a “buy” rating in a report on Tuesday, May 4th. Truist Securities increased their price objective on Insperity from $105.00 to $115.00 in a report on Thursday, March 11th. Finally, Truist increased their price objective on Insperity from $105.00 to $115.00 in a report on Thursday, March 11th.

Shares of Insperity stock traded up $0.21 during trading hours on Thursday, hitting $94.51. The company’s stock had a trading volume of 199,994 shares, compared to its average volume of 236,837. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 5.02. The company has a market capitalization of $3.66 billion, a P/E ratio of 26.66, a PEG ratio of 1.85 and a beta of 1.50. Insperity has a 12 month low of $60.34 and a 12 month high of $95.78. The stock has a 50 day simple moving average of $89.69.

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 24th. Investors of record on Thursday, June 10th will be given a dividend of $0.45 per share. The ex-dividend date is Wednesday, June 9th. This is a boost from Insperity’s previous quarterly dividend of $0.40. This represents a $1.80 annualized dividend and a yield of 1.90%. Insperity’s dividend payout ratio is 50.85%.

In other news, Director Richard G. Rawson sold 15,000 shares of the firm’s stock in a transaction that occurred on Monday, April 26th. The stock was sold at an average price of $89.01, for a total value of $1,335,150.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP James D. Allison sold 5,000 shares of the firm’s stock in a transaction that occurred on Thursday, May 20th. The shares were sold at an average price of $88.46, for a total value of $442,300.00. Following the completion of the sale, the senior vice president now directly owns 59,611 shares of the company’s stock, valued at $5,273,189.06. The disclosure for this sale can be found here. Insiders have sold 48,308 shares of company stock valued at $4,405,241 over the last three months. Insiders own 6.90% of the company’s stock.

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. First Horizon Advisors Inc. lifted its holdings in Insperity by 62.0% during the 4th quarter. First Horizon Advisors Inc. now owns 350 shares of the business services provider’s stock worth $27,000 after purchasing an additional 134 shares during the last quarter. Solstein Capital LLC acquired a new stake in Insperity during the 1st quarter worth approximately $89,000. Montag A & Associates Inc. acquired a new stake in Insperity during the 4th quarter worth approximately $90,000. CI Investments Inc. acquired a new stake in Insperity during the 4th quarter worth approximately $107,000. Finally, IFP Advisors Inc lifted its holdings in Insperity by 24.2% during the 1st quarter. IFP Advisors Inc now owns 1,287 shares of the business services provider’s stock worth $108,000 after purchasing an additional 251 shares during the last quarter. 87.45% of the stock is owned by institutional investors.

About Insperity

Insperity, Inc provides human resources (HR) and business solutions to improve business performance for small and medium-sized businesses. 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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