Insperity (NSP) Issues Q1 Earnings Guidance

Insperity (NYSE:NSP) issued an update on its first quarter earnings guidance on Monday morning. The company provided EPS guidance of $1.12-1.16 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.04. Insperity also updated its FY18 guidance to $2.96-3.08 EPS.

Insperity (NYSE:NSP) opened at $61.30 on Tuesday. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 1.02. The company has a market cap of $2,388.59, a price-to-earnings ratio of 30.64, a price-to-earnings-growth ratio of 1.38 and a beta of 0.96. Insperity has a 1 year low of $34.88 and a 1 year high of $62.55.

Insperity (NYSE:NSP) last posted its earnings results on Monday, February 12th. The business services provider reported $0.55 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.92 by ($0.37). The business had revenue of $826.50 million for the quarter, compared to analyst estimates of $813.28 million. Insperity had a return on equity of 94.38% and a net margin of 2.43%. The company’s quarterly revenue was up 13.4% compared to the same quarter last year. During the same period in the previous year, the company earned $0.58 earnings per share. equities analysts anticipate that Insperity will post 2.01 EPS for the current fiscal year.

Insperity declared that its board has approved a stock buyback program on Thursday, November 16th that allows the company to buyback 500,000 outstanding shares. This buyback authorization allows the business services provider to repurchase shares of its stock through open market purchases. Shares buyback programs are typically a sign that the company’s board of directors believes its stock is undervalued.

NSP has been the topic of several analyst reports. Robert W. Baird reissued a buy rating and set a $56.00 target price on shares of Insperity in a research report on Friday, November 10th. SunTrust Banks reissued a hold rating and set a $55.00 target price on shares of Insperity in a research report on Friday, November 3rd. They noted that the move was a valuation call. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the company’s stock. The stock presently has an average rating of Hold and a consensus target price of $50.60.

In related news, President Richard G. Rawson sold 8,419 shares of the stock in a transaction dated Monday, November 20th. The shares were sold at an average price of $114.84, for a total value of $966,837.96. Following the completion of the sale, the president now owns 97,410 shares in the company, valued at $11,186,564.40. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Arthur A. Arizpe sold 5,000 shares of the stock in a transaction dated Tuesday, November 28th. The shares were sold at an average price of $117.01, for a total transaction of $585,050.00. The disclosure for this sale can be found here. Insiders have sold 44,319 shares of company stock valued at $5,079,072 over the last 90 days. Corporate insiders own 13.92% of the company’s stock.

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About Insperity

Insperity, Inc provides a range of human resources (HR) and business solutions. The Company’s HR services offerings are provided through its Workforce Optimization and Workforce Synchronization solutions (together, its professional employer organization (PEO) HR Outsourcing solutions), which encompass a range of human resources functions, including payroll and employment administration, employee benefits, workers’ compensation, performance management and training and development services, along with its cloud-based human capital management platform, the Employee Service Center (ESC).

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