Insperity (NYSE:NSP) Releases Q2 2024 Earnings Guidance

Insperity (NYSE:NSP) updated its second quarter 2024 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 0.610-0.830 for the period, compared to the consensus estimate of 0.690. The company issued revenue guidance of -. Insperity also updated its FY 2024 guidance to 3.170-3.900 EPS.

Insperity Stock Performance

NSP stock traded down $0.29 on Friday, reaching $102.88. The company’s stock had a trading volume of 305,792 shares, compared to its average volume of 278,037. Insperity has a 52 week low of $90.80 and a 52 week high of $128.91. The company has a debt-to-equity ratio of 2.64, a current ratio of 1.15 and a quick ratio of 1.11. The company has a market capitalization of $3.87 billion, a P/E ratio of 25.15, a price-to-earnings-growth ratio of 2.95 and a beta of 1.16. The firm has a fifty day moving average of $103.92 and a two-hundred day moving average of $108.01.

Insperity (NYSE:NSP) last posted its quarterly earnings data on Thursday, February 8th. The business services provider reported $0.46 earnings per share for the quarter, topping the consensus estimate of $0.38 by $0.08. The business had revenue of $1.58 billion during the quarter, compared to the consensus estimate of $1.57 billion. Insperity had a net margin of 2.39% and a return on equity of 137.14%. As a group, analysts predict that Insperity will post 2.34 EPS for the current fiscal year.

Insperity Dividend Announcement

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

Analyst Upgrades and Downgrades

NSP has been the topic of several research reports. StockNews.com upgraded shares of Insperity from a hold rating to a buy rating in a research report on Wednesday. TheStreet downgraded shares of Insperity from a b rating to a c+ rating in a report on Monday, February 12th.

Insperity Company Profile

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.