$1.40 Billion in Sales Expected for Insperity, Inc. (NYSE:NSP) This Quarter

Equities analysts expect that Insperity, Inc. (NYSE:NSPGet Rating) will announce sales of $1.40 billion for the current fiscal quarter, Zacks reports. Three analysts have issued estimates for Insperity’s earnings. The lowest sales estimate is $1.33 billion and the highest is $1.45 billion. Insperity reported sales of $1.19 billion in the same quarter last year, which indicates a positive year over year growth rate of 17.6%. 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 sales of $5.90 billion for the current fiscal year, with estimates ranging from $5.83 billion to $5.97 billion. For the next financial year, analysts expect that the firm will post sales of $6.68 billion, with estimates ranging from $6.55 billion to $6.88 billion. Zacks’ sales averages are a mean average based on a survey of research firms that that provide coverage for Insperity.

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

Several equities research analysts recently issued reports on NSP shares. Zacks Investment Research downgraded shares of Insperity from a “hold” rating to a “strong sell” rating and set a $79.00 price target on the stock. in a research note on Thursday, February 17th. TheStreet downgraded shares of Insperity from a “b” rating to a “c+” rating in a research note on Friday, February 11th. Finally, StockNews.com raised shares of Insperity from a “buy” rating to a “strong-buy” rating in a research report on Friday, April 29th. One research analyst has rated the stock with a sell rating, one has given a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of $113.08.

NYSE:NSP opened at $106.87 on Wednesday. The company has a debt-to-equity ratio of 10.88, a current ratio of 1.11 and a quick ratio of 1.11. The firm has a market cap of $4.09 billion, a price-to-earnings ratio of 31.43, a price-to-earnings-growth ratio of 1.83 and a beta of 1.43. The company’s fifty day simple moving average is $97.72. Insperity has a twelve month low of $82.82 and a twelve month high of $129.32.

The company also recently announced a quarterly dividend, which was paid on Thursday, March 24th. Shareholders of record on Thursday, March 10th were paid a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 1.68%. The ex-dividend date was Wednesday, March 9th. Insperity’s payout ratio is 52.94%.

In other Insperity news, CEO Paul J. Sarvadi sold 6,608 shares of the business’s stock in a transaction dated Thursday, April 28th. The shares were sold at an average price of $110.02, for a total transaction of $727,012.16. Following the completion of the transaction, the chief executive officer now directly owns 653,977 shares of the company’s stock, valued at approximately $71,950,549.54. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 6.10% of the company’s stock.

A number of institutional investors have recently bought and sold shares of the business. State of New Jersey Common Pension Fund D boosted its stake in Insperity by 18.8% during the 1st quarter. State of New Jersey Common Pension Fund D now owns 28,399 shares of the business services provider’s stock valued at $2,852,000 after purchasing an additional 4,496 shares during the period. FDx Advisors Inc. lifted its stake in shares of Insperity by 6.0% in the 1st quarter. FDx Advisors Inc. now owns 5,073 shares of the business services provider’s stock worth $509,000 after acquiring an additional 285 shares during the period. Mutual of America Capital Management LLC lifted its stake in shares of Insperity by 1.5% in the 1st quarter. Mutual of America Capital Management LLC now owns 32,516 shares of the business services provider’s stock worth $3,265,000 after acquiring an additional 490 shares during the period. Personal CFO Solutions LLC acquired a new stake in shares of Insperity in the 1st quarter worth approximately $302,000. Finally, SG Americas Securities LLC lifted its stake in shares of Insperity by 181.0% in the 1st quarter. SG Americas Securities LLC now owns 14,973 shares of the business services provider’s stock worth $1,504,000 after acquiring an additional 9,644 shares during the period. 88.08% of the stock is owned by hedge funds and other institutional investors.

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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