Insperity (NYSE:NSP) updated its FY 2018 earnings guidance on Thursday. The company provided EPS guidance of $3.69-3.73 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.52. Insperity also updated its Q4 guidance to $0.63 to $0.67 EPS.
A number of research analysts have commented on the stock. Robert W. Baird upped their target price on shares of Insperity from $110.00 to $125.00 and gave the company an outperform rating in a research report on Friday. Zacks Investment Research raised shares of Insperity from a hold rating to a buy rating and set a $119.00 target price on the stock in a research report on Tuesday, August 7th. First Analysis cut shares of Insperity from an overweight rating to an equal weight rating and set a $102.00 target price on the stock. in a research report on Wednesday, August 1st. Finally, Roth Capital upped their target price on shares of Insperity from $88.00 to $123.00 and gave the company a buy rating in a research report on Wednesday, August 1st. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The company has a consensus rating of Buy and an average price target of $110.80.
Shares of NSP traded down $0.07 during mid-day trading on Friday, hitting $111.19. 286,406 shares of the company’s stock were exchanged, compared to its average volume of 294,716. The stock has a market capitalization of $4.54 billion, a PE ratio of 54.50, a P/E/G ratio of 1.90 and a beta of 0.81. Insperity has a fifty-two week low of $50.05 and a fifty-two week high of $121.15. The company has a debt-to-equity ratio of 0.89, a quick ratio of 1.15 and a current ratio of 1.15.
Insperity (NYSE:NSP) last issued its quarterly earnings results on Thursday, November 1st. The business services provider reported $0.96 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.82 by $0.14. The business had revenue of $925.13 million for the quarter, compared to analysts’ expectations of $935.62 million. Insperity had a net margin of 3.06% and a return on equity of 122.44%. The business’s quarterly revenue was up 16.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.14 earnings per share. On average, sell-side analysts predict that Insperity will post 3.17 earnings per share for the current year.
In related news, EVP Arthur A. Arizpe sold 15,000 shares of the company’s stock in a transaction that occurred on Thursday, August 9th. The shares were sold at an average price of $108.50, for a total transaction of $1,627,500.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Arthur A. Arizpe sold 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 14th. The stock was sold at an average price of $113.00, for a total transaction of $565,000.00. The disclosure for this sale can be found here. Insiders have sold 166,192 shares of company stock worth $18,290,208 in the last three months. Corporate insiders own 9.58% of the company’s stock.
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 encompasses a range of human resources functions comprising payroll and employment administration, employee benefits, workers' compensation, government compliance, performance management and training, and development services.
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