Insperity (NSP) Updates FY 2018 Earnings Guidance

Insperity (NYSE:NSP) updated its FY 2018 earnings guidance on Thursday. The company provided earnings per share guidance of $3.69-3.73 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.52. Insperity also updated its Q4 guidance to $0.63 to $0.67 EPS.

Several research firms recently issued reports on NSP. Robert W. Baird increased their price target on shares of Insperity from $110.00 to $125.00 and gave the stock an outperform rating in a report on Friday. Zacks Investment Research raised shares of Insperity from a hold rating to a buy rating and set a $119.00 price target for the company in a report on Tuesday, August 7th. First Analysis reissued an equal weight rating on shares of Insperity in a report on Thursday, August 2nd. Finally, Roth Capital increased their target price on shares of Insperity from $88.00 to $123.00 and gave the company a buy rating in a report on Wednesday, August 1st. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The company presently has a consensus rating of Buy and a consensus price target of $110.80.

Insperity stock traded down $0.07 during mid-day trading on Friday, reaching $111.19. The company had a trading volume of 287,216 shares, compared to its average volume of 294,724. Insperity has a 1 year low of $50.05 and a 1 year high of $121.15. The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 0.89. The stock has a market cap of $4.54 billion, a PE ratio of 54.50, a price-to-earnings-growth ratio of 1.90 and a beta of 0.81.

Insperity (NYSE:NSP) last issued its earnings results on Thursday, November 1st. The business services provider reported $0.96 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.82 by $0.14. Insperity had a net margin of 3.06% and a return on equity of 122.44%. The company had revenue of $925.13 million during the quarter, compared to analysts’ expectations of $935.62 million. During the same period last year, the company posted $1.14 earnings per share. The firm’s quarterly revenue was up 16.3% compared to the same quarter last year. On average, sell-side analysts forecast that Insperity will post 3.17 EPS for the current fiscal year.

In other Insperity news, SVP Douglas S. Sharp sold 1,823 shares of the stock in a transaction dated Thursday, August 23rd. The shares were sold at an average price of $115.60, for a total value of $210,738.80. Following the completion of the transaction, the senior vice president now directly owns 19,967 shares of the company’s stock, valued at $2,308,185.20. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Chairman Paul J. Sarvadi sold 45,000 shares of the stock in a transaction dated Monday, August 6th. The shares were sold at an average price of $104.97, for a total transaction of $4,723,650.00. Following the completion of the transaction, the chairman now directly owns 582,052 shares of the company’s stock, valued at $61,097,998.44. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 166,192 shares of company stock valued at $18,290,208. 9.58% of the stock is currently owned by corporate insiders.

Insperity Company Profile

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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