Insperity, Inc. (NYSE:NSP – Get Rating) was the recipient of a large decline in short interest in the month of April. As of April 15th, there was short interest totalling 612,800 shares, a decline of 17.9% from the March 31st total of 746,500 shares. Approximately 1.7% of the company’s shares are sold short. Based on an average daily trading volume, of 236,500 shares, the short-interest ratio is presently 2.6 days.
Several analysts have recently commented on the company. TheStreet cut Insperity from a “b” rating to a “c+” rating in a research report on Friday, February 11th. Zacks Investment Research lowered Insperity from a “hold” rating to a “strong sell” rating and set a $79.00 price objective for the company. in a research report on Thursday, February 17th. Finally, StockNews.com upgraded Insperity from a “buy” rating to a “strong-buy” rating in a report on Friday, April 29th. One analyst has rated the stock with a sell rating, one has given a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Buy” and an average target price of $113.08.
In other Insperity news, CEO Paul J. Sarvadi sold 6,608 shares of the firm’s stock in a transaction dated Thursday, April 28th. The shares were sold at an average price of $110.02, for a total value of $727,012.16. Following the completion of the transaction, the chief executive officer now directly owns 653,977 shares in the company, valued at $71,950,549.54. The sale was disclosed in a filing with the SEC, which is accessible through this link. 6.10% of the stock is currently owned by corporate insiders.
NSP opened at $103.85 on Friday. The stock has a market cap of $3.98 billion, a price-to-earnings ratio of 30.54, a PEG ratio of 1.83 and a beta of 1.44. Insperity has a 1 year low of $82.82 and a 1 year high of $129.32. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 10.88. The stock has a fifty day moving average price of $98.43 and a 200 day moving average price of $106.77.
Insperity (NYSE:NSP – Get Rating) last posted its quarterly earnings results on Tuesday, April 26th. The business services provider reported $1.99 earnings per share for the quarter, topping analysts’ consensus estimates of $1.80 by $0.19. The company had revenue of $1.58 billion during the quarter, compared to the consensus estimate 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 period last year, the business earned $1.58 EPS. As a group, sell-side analysts forecast that Insperity will post 3.86 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which was paid on Thursday, March 24th. Shareholders of record on Thursday, March 10th were paid a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 1.73%. The ex-dividend date was Wednesday, March 9th. Insperity’s dividend payout ratio (DPR) is presently 52.94%.
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.
- Get a free copy of the StockNews.com research report on Insperity (NSP)
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