Insperity, Inc. (NYSE:NSP) Expected to Post Earnings of $0.99 Per Share

Wall Street analysts forecast that Insperity, Inc. (NYSE:NSPGet Rating) will announce $0.99 earnings per share for the current fiscal quarter, Zacks reports. Three analysts have made estimates for Insperity’s earnings, with estimates ranging from $0.95 to $1.02. Insperity reported earnings per share of $0.91 during the same quarter last year, which indicates a positive year-over-year growth rate of 8.8%. The business is scheduled to issue its next earnings report on Monday, January 1st.

According to Zacks, analysts expect that Insperity will report full year earnings of $4.75 per share for the current financial year, with EPS estimates ranging from $4.70 to $4.78. For the next fiscal year, analysts anticipate that the business will post earnings of $5.70 per share, with EPS estimates ranging from $5.62 to $5.77. Zacks Investment Research’s earnings per share averages are an average based on a survey of sell-side research analysts that that provide coverage for Insperity.

Insperity (NYSE:NSPGet Rating) last issued its quarterly earnings results on Tuesday, April 26th. The business services provider reported $1.99 earnings per share for the quarter, beating the consensus estimate of $1.80 by $0.19. The company had revenue of $1.58 billion during the quarter, compared to analysts’ expectations of $1.54 billion. Insperity had a return on equity of 244.01% and a net margin of 2.51%. The business’s quarterly revenue was up 22.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.58 earnings per share.

NSP has been the subject of a number of research reports. StockNews.com raised Insperity from a “buy” rating to a “strong-buy” rating in a research note on Friday. TheStreet lowered Insperity from a “b” rating to a “c+” rating in a report on Friday, February 11th. Finally, 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 research note on Thursday, February 17th. One analyst has rated the stock with a sell rating, one has issued a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $113.08.

NYSE NSP traded down $1.59 during trading hours on Monday, hitting $104.46. 1,026 shares of the company’s stock were exchanged, compared to its average volume of 219,802. The firm has a 50-day moving average of $96.98. Insperity has a 1-year low of $82.82 and a 1-year high of $129.32. The stock has a market cap of $4.00 billion, a price-to-earnings ratio of 30.72, a price-to-earnings-growth ratio of 2.02 and a beta of 1.58. The company has a current ratio of 1.11, a quick ratio of 1.10 and a debt-to-equity ratio of 10.88.

The business also recently announced a quarterly dividend, which was paid on Thursday, March 24th. Stockholders of record on Thursday, March 10th were paid a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 1.72%. The ex-dividend date was Wednesday, March 9th. Insperity’s dividend payout ratio (DPR) is presently 52.94%.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. ProShare Advisors LLC lifted its stake in shares of Insperity by 4.7% in the 4th quarter. ProShare Advisors LLC now owns 94,681 shares of the business services provider’s stock valued at $11,183,000 after acquiring an additional 4,290 shares during the last quarter. Principal Financial Group Inc. lifted its stake in shares of Insperity by 1.2% in the 3rd quarter. Principal Financial Group Inc. now owns 182,891 shares of the business services provider’s stock valued at $20,254,000 after acquiring an additional 2,083 shares during the last quarter. Credit Suisse AG raised its position in Insperity by 11.9% during the 3rd quarter. Credit Suisse AG now owns 34,923 shares of the business services provider’s stock valued at $3,868,000 after purchasing an additional 3,704 shares during the last quarter. BlackRock Inc. raised its position in Insperity by 4.2% during the 3rd quarter. BlackRock Inc. now owns 4,925,639 shares of the business services provider’s stock valued at $545,466,000 after purchasing an additional 199,960 shares during the last quarter. Finally, Mutual of America Capital Management LLC raised its position in Insperity by 1.2% during the 4th quarter. Mutual of America Capital Management LLC now owns 32,026 shares of the business services provider’s stock valued at $3,783,000 after purchasing an additional 373 shares during the last quarter. 88.08% 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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