Insperity (NYSE:NSP) Announces Earnings Results

Insperity (NYSE:NSP – Get Rating) issued its earnings results on Tuesday. The business services provider reported $1.99 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.80 by $0.19, MarketWatch Earnings reports. Insperity had a return on equity of 193.00% and a net margin of 2.49%. The company had revenue of $1.58 billion during the quarter, compared to the consensus estimate of $1.54 billion. During the same period in the previous year, the company posted $1.58 EPS. The firm’s revenue for the quarter was up 22.6% compared to the same quarter last year.

Insperity stock traded up $5.68 during trading hours on Tuesday, hitting $104.60. The stock had a trading volume of 2,209 shares, compared to its average volume of 216,818. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 3.81. The company has a market capitalization of $4.01 billion, a PE ratio of 33.12, a price-to-earnings-growth ratio of 1.95 and a beta of 1.58. Insperity has a one year low of $82.82 and a one year high of $129.32. The business has a 50 day moving average of $95.61.

The company also recently announced a quarterly dividend, which was paid on Thursday, March 24th. Shareholders of record on Thursday, March 10th were given a $0.45 dividend. The ex-dividend date of this dividend was Wednesday, March 9th. This represents a $1.80 annualized dividend and a yield of 1.72%. Insperity’s dividend payout ratio is presently 56.43%.

NSP has been the subject of several research analyst reports. TheStreet downgraded Insperity from a “b” rating to a “c+” rating in a research note on Friday, February 11th. Zacks Investment Research lowered Insperity from a “hold” rating to a “strong sell” rating and set a $79.00 target price on the stock. in a report on Thursday, February 17th. Finally, StockNews.com assumed coverage on Insperity in a report on Thursday, March 31st. They set a “buy” rating on the stock. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Buy” and an average target price of $113.08.

A number of institutional investors have recently bought and sold shares of the business. BlackRock Inc. raised its position in Insperity by 1.3% in the fourth quarter. BlackRock Inc. now owns 4,988,016 shares of the business services provider’s stock valued at $589,135,000 after purchasing an additional 62,377 shares during the last quarter. Wells Fargo & Company MN raised its position in shares of Insperity by 2.0% during the fourth quarter. Wells Fargo & Company MN now owns 194,575 shares of the business services provider’s stock worth $22,981,000 after acquiring an additional 3,722 shares during the last quarter. Millennium Management LLC raised its position in shares of Insperity by 151.6% during the fourth quarter. Millennium Management LLC now owns 152,491 shares of the business services provider’s stock worth $18,011,000 after acquiring an additional 91,885 shares during the last quarter. Morgan Stanley raised its position in shares of Insperity by 8.1% during the second quarter. Morgan Stanley now owns 108,396 shares of the business services provider’s stock worth $9,795,000 after acquiring an additional 8,138 shares during the last quarter. Finally, Legal & General Group Plc raised its position in shares of Insperity by 0.8% during the fourth quarter. Legal & General Group Plc now owns 85,866 shares of the business services provider’s stock worth $10,141,000 after acquiring an additional 685 shares during the last quarter. Hedge funds and other institutional investors own 86.81% of the company’s stock.

Insperity Company Profile (Get Rating)

Insperity, Inc provides human resources (HR) and business solutions to improve business performance for small and medium-sized businesses. The company 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.

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