Insperity (NYSE:NSP) Releases FY22 Earnings Guidance

Insperity (NYSE:NSPGet Rating) issued an update on its FY22 earnings guidance on Tuesday morning. The company provided earnings per share guidance of $4.31-5.09 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $4.33. Insperity also updated its Q2 guidance to $0.88-1.12 EPS.

A number of analysts have recently issued reports on NSP shares. StockNews.com initiated coverage on shares of Insperity in a report on Thursday, March 31st. They set a buy rating for the company. Zacks Investment Research cut shares of Insperity from a hold rating to a strong sell rating and set a $79.00 price target for the company. in a research report on Thursday, February 17th. Finally, TheStreet cut shares of Insperity from a b rating to a c+ rating in a report on Friday, February 11th. One analyst has rated the stock with a sell rating, one has issued a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the company has an average rating of Buy and an average price target of $113.08.

NSP opened at $98.92 on Tuesday. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 3.81. Insperity has a twelve month low of $82.82 and a twelve month high of $129.32. The stock has a fifty day moving average price of $95.61. The firm has a market capitalization of $3.79 billion, a price-to-earnings ratio of 31.01, a PEG ratio of 1.95 and a beta of 1.58.

Insperity (NYSE:NSPGet Rating) last announced its quarterly earnings results on Thursday, February 10th. The business services provider reported $0.25 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.58 by ($0.33). The business had revenue of $1.29 billion during the quarter, compared to analyst estimates of $1.24 billion. Insperity had a net margin of 2.49% and a return on equity of 193.00%. The company’s revenue was up 22.2% compared to the same quarter last year. During the same quarter last year, the company posted $0.11 earnings per share. Research analysts forecast that Insperity will post 3.5 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 24th. Shareholders of record on Thursday, March 10th were issued a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 1.82%. The ex-dividend date of this dividend was Wednesday, March 9th. Insperity’s dividend payout ratio (DPR) is presently 56.43%.

A number of institutional investors and hedge funds have recently bought and sold shares of NSP. Morgan Stanley lifted its holdings in Insperity by 8.1% during the 2nd quarter. Morgan Stanley now owns 108,396 shares of the business services provider’s stock valued at $9,795,000 after buying an additional 8,138 shares in the last quarter. BNP Paribas Arbitrage SA increased its holdings in Insperity by 3.9% in the 3rd quarter. BNP Paribas Arbitrage SA now owns 5,900 shares of the business services provider’s stock worth $653,000 after acquiring an additional 224 shares in the last quarter. Barclays PLC grew its holdings in shares of Insperity by 41.2% during the fourth quarter. Barclays PLC now owns 75,048 shares of the business services provider’s stock worth $8,864,000 after buying an additional 21,906 shares in the last quarter. Squarepoint Ops LLC purchased a new stake in shares of Insperity in the fourth quarter valued at about $398,000. Finally, Cetera Investment Advisers lifted its position in Insperity by 6.5% in the fourth quarter. Cetera Investment Advisers now owns 5,022 shares of the business services provider’s stock valued at $593,000 after buying an additional 308 shares during the last quarter. 86.81% of the stock is owned by institutional investors.

About Insperity (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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