Insperity (NSP) Expected to Announce Earnings of $0.61 Per Share

Equities research analysts expect Insperity (NYSE:NSP) to announce earnings of $0.61 per share for the current fiscal quarter, Zacks reports. Three analysts have made estimates for Insperity’s earnings. The lowest EPS estimate is $0.59 and the highest is $0.61. Insperity posted earnings per share of $0.41 in the same quarter last year, which indicates a positive year-over-year growth rate of 48.8%. The business is expected to announce its next quarterly earnings report on Tuesday, August 7th.

On average, analysts expect that Insperity will report full-year earnings of $3.40 per share for the current year, with EPS estimates ranging from $3.39 to $3.41. For the next financial year, analysts forecast that the business will report earnings of $3.86 per share, with EPS estimates ranging from $3.78 to $3.90. Zacks’ earnings per share averages are an average based on a survey of research firms that follow Insperity.

Insperity (NYSE:NSP) last issued its quarterly earnings results on Monday, April 30th. The business services provider reported $1.41 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.14 by $0.27. Insperity had a return on equity of 122.34% and a net margin of 2.87%. The firm had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $988.24 million. During the same period last year, the business posted $1.84 EPS. The business’s revenue was up 14.9% compared to the same quarter last year.

A number of brokerages have weighed in on NSP. Roth Capital increased their price target on Insperity from $58.00 to $71.00 and gave the stock a “buy” rating in a report on Tuesday, February 13th. Zacks Investment Research upgraded Insperity from a “hold” rating to a “buy” rating and set a $74.00 target price for the company in a research note on Monday, February 19th. Robert W. Baird raised their target price on Insperity from $69.00 to $95.00 and gave the company an “outperform” rating in a research note on Monday. ValuEngine upgraded Insperity from a “sell” rating to a “hold” rating in a research note on Tuesday, May 1st. Finally, SunTrust Banks raised their target price on Insperity to $85.00 and gave the company a “hold” rating in a research note on Tuesday, May 1st. One research analyst has rated the stock with a sell rating, two have issued a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Insperity has an average rating of “Buy” and a consensus target price of $86.75.

Insperity traded down $1.65, reaching $86.90, during trading hours on Monday, MarketBeat reports. 336,926 shares of the company’s stock were exchanged, compared to its average volume of 273,818. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 1.02. Insperity has a twelve month low of $86.55 and a twelve month high of $88.65. The company has a market cap of $3.72 billion, a P/E ratio of 42.60, a PEG ratio of 1.55 and a beta of 0.85.

In other Insperity news, EVP Jay E. Mincks sold 6,000 shares of Insperity stock in a transaction dated Tuesday, February 13th. The stock was sold at an average price of $61.84, for a total transaction of $371,040.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Chairman Paul J. Sarvadi sold 45,000 shares of Insperity stock in a transaction dated Tuesday, February 13th. The shares were sold at an average price of $61.58, for a total value of $2,771,100.00. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 275,933 shares of company stock valued at $20,689,737. 9.58% of the stock is currently owned by company insiders.

A number of hedge funds have recently added to or reduced their stakes in the business. Mason Street Advisors LLC boosted its stake in Insperity by 6.1% during the 1st quarter. Mason Street Advisors LLC now owns 10,242 shares of the business services provider’s stock valued at $712,000 after purchasing an additional 593 shares during the last quarter. Allianz Asset Management GmbH boosted its stake in Insperity by 13.4% during the 1st quarter. Allianz Asset Management GmbH now owns 317,300 shares of the business services provider’s stock valued at $22,068,000 after purchasing an additional 37,553 shares during the last quarter. HRT Financial LLC acquired a new position in Insperity during the 1st quarter valued at about $267,000. Profund Advisors LLC boosted its stake in Insperity by 35.9% during the 1st quarter. Profund Advisors LLC now owns 6,130 shares of the business services provider’s stock valued at $426,000 after purchasing an additional 1,620 shares during the last quarter. Finally, Carillon Tower Advisers Inc. acquired a new position in Insperity during the 1st quarter valued at about $5,405,000. Institutional investors and hedge funds own 82.88% of the company’s stock.

Insperity Company Profile

Insperity, Inc provides human resources (HR) and business solutions to enhance business performance for small and medium-sized businesses in the United States. The company offers its HR services through its Workforce Optimization and Workforce Synchronization solutions, which encompasses a range of human resources functions comprising payroll and employment administration, employee benefits, workers' compensation, government compliance, performance management and training, and development services.

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