Insperity (NSP) Set to Announce Earnings on Thursday

Insperity (NYSE:NSP) will post its quarterly earnings results before the market opens on Thursday, August 1st. Analysts expect Insperity to post earnings of $0.73 per share for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.

Insperity (NYSE:NSP) last released its quarterly earnings results on Wednesday, May 1st. The business services provider reported $2.08 EPS for the quarter, beating analysts’ consensus estimates of $1.84 by $0.24. The firm had revenue of $1.80 billion for the quarter, compared to analyst estimates of $1.81 billion. Insperity had a net margin of 2.39% and a return on equity of 137.14%. On average, analysts expect Insperity to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Insperity Price Performance

NYSE:NSP traded up $1.71 on Tuesday, reaching $102.21. The stock had a trading volume of 53,353 shares, compared to its average volume of 280,585. The company has a market capitalization of $3.85 billion, a P/E ratio of 24.57, a price-to-earnings-growth ratio of 2.79 and a beta of 1.13. Insperity has a 1-year low of $85.04 and a 1-year high of $119.46. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 2.64. The stock has a fifty day moving average price of $95.31 and a 200-day moving average price of $101.71.

Insperity Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 21st. Shareholders of record on Friday, June 7th were given a $0.60 dividend. The ex-dividend date was Friday, June 7th. This is a positive change from Insperity’s previous quarterly dividend of $0.57. This represents a $2.40 dividend on an annualized basis and a yield of 2.35%. Insperity’s payout ratio is 58.68%.

Insiders Place Their Bets

In other Insperity news, CEO Paul J. Sarvadi sold 12,183 shares of the business’s stock in a transaction dated Thursday, May 30th. The shares were sold at an average price of $95.41, for a total value of $1,162,380.03. Following the completion of the transaction, the chief executive officer now directly owns 525,252 shares of the company’s stock, valued at $50,114,293.32. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. In related news, CEO Paul J. Sarvadi sold 12,183 shares of the business’s stock in a transaction that occurred on Thursday, May 30th. The shares were sold at an average price of $95.41, for a total transaction of $1,162,380.03. Following the completion of the sale, the chief executive officer now directly owns 525,252 shares of the company’s stock, valued at $50,114,293.32. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Douglas S. Sharp sold 5,212 shares of the business’s stock in a transaction that occurred on Wednesday, May 8th. The stock was sold at an average price of $104.47, for a total transaction of $544,497.64. Following the sale, the chief financial officer now directly owns 28,516 shares of the company’s stock, valued at $2,979,066.52. The disclosure for this sale can be found here. Over the last three months, insiders sold 20,695 shares of company stock valued at $2,044,864. Insiders own 5.50% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have commented on NSP shares. Robert W. Baird boosted their price target on shares of Insperity from $105.00 to $109.00 and gave the company a “neutral” rating in a research report on Friday, May 17th. StockNews.com upgraded shares of Insperity from a “hold” rating to a “buy” rating in a research report on Thursday, May 9th. Finally, William Blair restated an “outperform” rating on shares of Insperity in a research report on Friday, May 17th. Two equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $109.50.

About Insperity

Insperity, Inc engages in the provision of human resources (HR) and business solutions to improve business performance for small and medium-sized businesses primarily in the United States. It 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.