Insperity (NYSE:NSP) Issues Q4 2024 Earnings Guidance

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

Wall Street Analysts Forecast Growth

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

Insperity Stock Performance

Shares of NSP stock traded down $3.59 during mid-day trading on Friday, hitting $75.18. 616,181 shares of the stock were exchanged, compared to its average volume of 274,986. The company has a debt-to-equity ratio of 2.60, a quick ratio of 1.17 and a current ratio of 1.17. Insperity has a 12-month low of $74.32 and a 12-month high of $119.40. The stock’s fifty day simple moving average is $87.39 and its two-hundred day simple moving average is $94.05. The stock has a market capitalization of $2.82 billion, a price-to-earnings ratio of 17.73, a P/E/G ratio of 2.24 and a beta of 1.11.

Insperity (NYSE:NSP) last released 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 company had revenue of $1.61 billion for the quarter, compared to analysts’ expectations of $1.62 billion. During the same quarter in the previous year, the firm posted $0.33 EPS. The firm’s quarterly revenue was up 1.3% on a year-over-year basis. On average, analysts forecast that Insperity will post 2.42 EPS for the current year.

Insperity Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, September 19th. Stockholders of record on Thursday, September 5th were paid a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 3.19%. The ex-dividend date of this dividend was Thursday, September 5th. Insperity’s dividend payout ratio (DPR) is 56.60%.

Insider Transactions at Insperity

In related news, CEO Paul J. Sarvadi sold 16,123 shares of the company’s stock in a transaction that occurred on Thursday, August 8th. The stock was sold at an average price of $92.23, for a total value of $1,487,024.29. Following the sale, the chief executive officer now owns 509,129 shares of the company’s stock, valued at approximately $46,956,967.67. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate 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.