Insperity (NYSE:NSP) Releases FY 2024 Earnings Guidance

Insperity (NYSE:NSP) issued an update on its FY 2024 earnings guidance on Wednesday morning. The company provided EPS guidance of 3.170-3.900 for the period, compared to the consensus EPS estimate of 3.520. The company issued revenue guidance of -. Insperity also updated its FY24 guidance to $3.17-3.90 EPS.

Analyst Ratings Changes

NSP has been the topic of a number of recent analyst reports. TheStreet downgraded Insperity from a b rating to a c+ rating in a research note on Monday, February 12th. StockNews.com raised Insperity from a hold rating to a buy rating in a research note on Wednesday.

Insperity Stock Down 0.3 %

NYSE:NSP traded down $0.29 during trading hours on Friday, reaching $102.88. The company had a trading volume of 305,792 shares, compared to its average volume of 278,037. Insperity has a twelve month low of $90.80 and a twelve month high of $128.91. The company has a quick ratio of 1.11, a current ratio of 1.15 and a debt-to-equity ratio of 2.64. The firm has a market cap of $3.87 billion, a price-to-earnings ratio of 25.15, a P/E/G ratio of 2.95 and a beta of 1.16. The business’s 50-day simple moving average is $103.92 and its two-hundred day simple moving average is $108.01.

Insperity (NYSE:NSP) last issued its earnings results on Thursday, February 8th. The business services provider reported $0.46 EPS for the quarter, beating the consensus estimate of $0.38 by $0.08. Insperity had a return on equity of 137.14% and a net margin of 2.39%. The company had revenue of $1.58 billion during the quarter, compared to the consensus estimate of $1.57 billion. On average, equities analysts expect that Insperity will post 2.34 earnings per share for the current year.

Insperity Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 21st. Stockholders of record on Thursday, March 7th were issued a dividend of $0.57 per share. The ex-dividend date of this dividend was Wednesday, March 6th. This represents a $2.28 annualized dividend and a dividend yield of 2.22%. Insperity’s dividend payout ratio is 55.75%.

About Insperity

Insperity, Inc engages in the provision of human resources (HR) and business solutions to improve business performance for small and medium-sized businesses primarily in the United States. It offers its HR services through its workforce optimization and workforce synchronization solutions that 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.