$0.65 EPS Expected for Insperity Inc (NSP) This Quarter

Brokerages expect Insperity Inc (NYSE:NSP) to post earnings of $0.65 per share for the current fiscal quarter, according to Zacks. Four analysts have provided estimates for Insperity’s earnings. The lowest EPS estimate is $0.64 and the highest is $0.67. Insperity posted earnings per share of $0.55 during the same quarter last year, which would suggest a positive year over year growth rate of 18.2%. The business is scheduled to announce its next earnings report on Monday, February 11th.

According to Zacks, analysts expect that Insperity will report full year earnings of $3.71 per share for the current fiscal year, with EPS estimates ranging from $3.70 to $3.72. For the next fiscal year, analysts expect that the company will report earnings of $4.27 per share, with EPS estimates ranging from $4.12 to $4.45. Zacks’ earnings per share averages are a mean average based on a survey of research analysts that cover Insperity.

Insperity (NYSE:NSP) last issued its earnings results on Thursday, November 1st. The business services provider reported $0.96 EPS for the quarter, topping the Zacks’ consensus estimate of $0.82 by $0.14. The business had revenue of $925.13 million for the quarter, compared to analyst estimates of $935.62 million. Insperity had a net margin of 3.41% and a return on equity of 123.25%. The company’s quarterly revenue was up 16.3% compared to the same quarter last year. During the same period last year, the company posted $1.14 earnings per share.

A number of equities analysts have recently commented on NSP shares. Robert W. Baird raised their target price on shares of Insperity from $110.00 to $125.00 and gave the stock an “outperform” rating in a research report on Friday, November 2nd. Zacks Investment Research reaffirmed a “strong-buy” rating and set a $127.00 target price on shares of Insperity in a research report on Wednesday, November 14th. Two analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Insperity presently has a consensus rating of “Buy” and an average price target of $112.40.

In related news, EVP Jay E. Mincks sold 1,042 shares of Insperity stock in a transaction that occurred on Monday, November 5th. The shares were sold at an average price of $108.62, for a total transaction of $113,182.04. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Chairman Paul J. Sarvadi sold 30,000 shares of Insperity stock in a transaction that occurred on Wednesday, November 7th. The shares were sold at an average price of $116.61, for a total transaction of $3,498,300.00. Following the transaction, the chairman now directly owns 598,962 shares in the company, valued at $69,844,958.82. The disclosure for this sale can be found here. Over the last three months, insiders have sold 35,742 shares of company stock worth $4,156,509. 9.58% of the stock is currently owned by corporate insiders.

Institutional investors and hedge funds have recently made changes to their positions in the business. Legal & General Group Plc boosted its stake in Insperity by 7.0% in the second quarter. Legal & General Group Plc now owns 81,048 shares of the business services provider’s stock valued at $7,680,000 after acquiring an additional 5,336 shares in the last quarter. MetLife Investment Advisors LLC boosted its stake in Insperity by 10.5% in the second quarter. MetLife Investment Advisors LLC now owns 17,458 shares of the business services provider’s stock valued at $1,663,000 after acquiring an additional 1,663 shares in the last quarter. State Board of Administration of Florida Retirement System lifted its stake in shares of Insperity by 47.5% during the second quarter. State Board of Administration of Florida Retirement System now owns 37,087 shares of the business services provider’s stock worth $3,533,000 after buying an additional 11,948 shares during the period. BlackRock Inc. lifted its stake in shares of Insperity by 14.1% during the second quarter. BlackRock Inc. now owns 6,139,453 shares of the business services provider’s stock worth $584,781,000 after buying an additional 757,054 shares during the period. Finally, OppenheimerFunds Inc. lifted its stake in shares of Insperity by 248.3% during the second quarter. OppenheimerFunds Inc. now owns 100,542 shares of the business services provider’s stock worth $9,576,000 after buying an additional 71,672 shares during the period. Institutional investors own 83.35% of the company’s stock.

Shares of NYSE:NSP traded down $2.58 during trading on Monday, reaching $94.24. 334,040 shares of the company were exchanged, compared to its average volume of 779,279. The firm has a market cap of $4.05 billion, a PE ratio of 46.20, a price-to-earnings-growth ratio of 1.60 and a beta of 0.93. Insperity has a 12-month low of $55.40 and a 12-month high of $121.15. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.21 and a current ratio of 1.21.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 28th. Investors of record on Thursday, December 13th will be issued a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 0.85%. The ex-dividend date of this dividend is Wednesday, December 12th. Insperity’s payout ratio is 39.22%.

About Insperity

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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