Insperity Inc (NYSE:NSP) EVP Jay E. Mincks sold 1,042 shares of the business’s stock in a transaction that occurred on Monday, November 5th. The shares were sold at an average price of $108.62, for a total transaction of $113,182.04. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.
Shares of NSP stock traded up $3.07 during trading on Wednesday, reaching $116.44. The company’s stock had a trading volume of 367,900 shares, compared to its average volume of 295,960. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.21 and a current ratio of 1.21. The stock has a market capitalization of $4.66 billion, a P/E ratio of 57.08, a price-to-earnings-growth ratio of 1.95 and a beta of 0.90. Insperity Inc has a 1-year low of $51.08 and a 1-year high of $121.15.
Insperity (NYSE:NSP) last announced its quarterly earnings data on Thursday, November 1st. The business services provider reported $0.96 earnings per share for the quarter, beating analysts’ consensus estimates of $0.82 by $0.14. The firm had revenue of $925.13 million during the quarter, compared to analysts’ expectations of $935.62 million. Insperity had a net margin of 3.41% and a return on equity of 123.25%. The business’s quarterly revenue was up 16.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.14 earnings per share. On average, research analysts forecast that Insperity Inc will post 3.27 EPS for the current fiscal year.
A number of research analysts recently weighed in on the stock. Roth Capital lifted their price objective on shares of Insperity from $88.00 to $123.00 and gave the company a “buy” rating in a report on Wednesday, August 1st. First Analysis restated an “equal weight” rating on shares of Insperity in a report on Thursday, August 2nd. Robert W. Baird lifted their price objective on shares of Insperity from $110.00 to $125.00 and gave the company an “outperform” rating in a report on Friday, November 2nd. Finally, Zacks Investment Research upgraded shares of Insperity from a “hold” rating to a “buy” rating and set a $119.00 price objective for the company in a report on Tuesday, August 7th. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of $110.80.
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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.
See Also: Outstanding Shares
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