Insperity (NYSE:NSP) Releases Q4 2024 Earnings Guidance

Insperity (NYSE:NSP) issued an update on its fourth quarter 2024 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of -0.100-0.120 for the period, compared to the consensus estimate of 0.110. The company issued revenue guidance of -. Insperity also updated its FY 2024 guidance to 3.420-3.660 EPS.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on NSP shares. William Blair lowered Insperity from an “outperform” rating to a “market perform” rating in a research report on Tuesday, September 24th. JPMorgan Chase & Co. initiated coverage on Insperity in a research report on Tuesday, October 22nd. They set an “underweight” rating and a $90.00 target price on the stock. Finally, Truist Financial reduced their target price on Insperity from $95.00 to $88.00 and set a “hold” rating for the company in a research note on Friday. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $95.67.

Insperity Price Performance

Shares of NSP traded down $3.59 during midday trading on Friday, hitting $75.18. 616,181 shares of the company traded hands, compared to its average volume of 274,986. The firm has a market cap of $2.82 billion, a P/E ratio of 17.73, a PEG ratio of 2.24 and a beta of 1.11. Insperity has a one year low of $74.32 and a one year high of $119.40. The stock has a 50-day moving average of $87.39 and a 200-day moving average of $94.05. The company has a debt-to-equity ratio of 2.60, a current ratio of 1.17 and a quick ratio of 1.17.

Insperity (NYSE:NSP) last issued its earnings results on Thursday, August 1st. The business services provider reported $0.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.72 by $0.14. Insperity had a return on equity of 138.16% and a net margin of 2.46%. The business had revenue of $1.61 billion during the quarter, compared to analyst estimates of $1.62 billion. During the same quarter in the prior year, the firm earned $0.33 earnings per share. Insperity’s revenue for the quarter was up 1.3% on a year-over-year basis. As a group, sell-side analysts predict that Insperity will post 2.42 EPS for the current fiscal year.

Insperity Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 19th. Investors of record on Thursday, September 5th were paid a $0.60 dividend. The ex-dividend date was Thursday, September 5th. This represents a $2.40 annualized dividend and a dividend yield of 3.19%. Insperity’s payout ratio is presently 56.60%.

Insider Activity

In other news, CEO Paul J. Sarvadi sold 16,123 shares of Insperity stock in a transaction that occurred on Thursday, August 8th. The shares were sold at an average price of $92.23, for a total value of $1,487,024.29. Following the completion of the sale, the chief executive officer now directly owns 509,129 shares in the company, valued at $46,956,967.67. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 5.50% of the company’s stock.

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.