Analysts Expect Insperity Inc (NSP) to Announce $0.46 Earnings Per Share

Equities research analysts predict that Insperity Inc (NYSE:NSP) will report earnings per share of $0.46 for the current quarter, according to Zacks Investment Research. Four analysts have issued estimates for Insperity’s earnings, with the highest EPS estimate coming in at $0.47 and the lowest estimate coming in at $0.46. Insperity posted earnings per share of $0.29 in the same quarter last year, which suggests a positive year over year growth rate of 58.6%. The company is expected to announce its next quarterly earnings report on Monday, February 12th.

According to Zacks, analysts expect that Insperity will report full-year earnings of $2.36 per share for the current fiscal year, with EPS estimates ranging from $2.35 to $2.37. For the next year, analysts expect that the company will report earnings of $2.65 per share, with EPS estimates ranging from $2.60 to $2.69. Zacks Investment Research’s earnings per share averages are an average based on a survey of research firms that follow Insperity.

Insperity (NYSE:NSP) last posted its quarterly earnings data on Wednesday, November 1st. The business services provider reported $0.57 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.49 by $0.08. Insperity had a return on equity of 94.38% and a net margin of 2.43%. The company had revenue of $795.50 million for the quarter, compared to analysts’ expectations of $786.44 million. During the same period in the previous year, the firm posted $0.39 EPS. Insperity’s revenue was up 13.2% compared to the same quarter last year.

NSP has been the topic of several recent research reports. Zacks Investment Research cut Insperity from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 3rd. SunTrust Banks restated a “hold” rating and set a $55.00 target price on shares of Insperity in a report on Friday, November 3rd. They noted that the move was a valuation call. Finally, Robert W. Baird restated a “buy” rating and set a $56.00 target price on shares of Insperity in a report on Friday, November 10th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $50.60.

In other Insperity news, EVP Arthur A. Arizpe sold 5,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 28th. The stock was sold at an average price of $117.01, for a total value of $585,050.00. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Daniel D. Herink sold 4,000 shares of the business’s stock in a transaction that occurred on Thursday, November 2nd. The shares were sold at an average price of $102.39, for a total value of $409,560.00. Following the completion of the sale, the senior vice president now directly owns 15,014 shares in the company, valued at approximately $1,537,283.46. The disclosure for this sale can be found here. Over the last quarter, insiders purchased 586,667 shares of company stock worth $105,600 and sold 349,118 shares worth $14,219,755. Corporate insiders own 13.92% of the company’s stock.

A number of hedge funds and other institutional investors have recently made changes to their positions in NSP. Schwab Charles Investment Management Inc. raised its position in Insperity by 51.1% in the second quarter. Schwab Charles Investment Management Inc. now owns 165,618 shares of the business services provider’s stock valued at $11,759,000 after purchasing an additional 56,040 shares during the period. Arizona State Retirement System raised its position in Insperity by 1.0% in the second quarter. Arizona State Retirement System now owns 9,819 shares of the business services provider’s stock valued at $697,000 after purchasing an additional 100 shares during the period. First Trust Advisors LP raised its position in Insperity by 8.0% in the second quarter. First Trust Advisors LP now owns 30,501 shares of the business services provider’s stock valued at $2,166,000 after purchasing an additional 2,262 shares during the period. Rhumbline Advisers increased its position in shares of Insperity by 5.3% during the second quarter. Rhumbline Advisers now owns 38,963 shares of the business services provider’s stock worth $2,766,000 after acquiring an additional 1,951 shares during the period. Finally, Advisors Asset Management Inc. increased its position in shares of Insperity by 42.5% during the second quarter. Advisors Asset Management Inc. now owns 8,154 shares of the business services provider’s stock worth $579,000 after acquiring an additional 2,430 shares during the period. 40.11% of the stock is currently owned by institutional investors.

Insperity (NSP) traded up $0.10 during mid-day trading on Friday, reaching $57.35. The company had a trading volume of 191,600 shares, compared to its average volume of 278,294. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 1.02. Insperity has a 12 month low of $34.60 and a 12 month high of $60.35. The firm has a market cap of $2,390.68, a PE ratio of 30.92, a price-to-earnings-growth ratio of 1.58 and a beta of 0.93.

Insperity declared that its board has approved a share repurchase plan on Thursday, November 16th that allows the company to repurchase 500,000 outstanding shares. This repurchase authorization allows the business services provider to repurchase shares of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s board believes its stock is undervalued.

The business also recently announced a dividend, which was paid on Monday, December 18th. Stockholders of record on Monday, December 4th were issued a dividend of $0.30 per share. The ex-dividend date was Friday, December 1st. Insperity’s dividend payout ratio is currently 32.35%.

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About Insperity

Insperity, Inc provides a range of human resources (HR) and business solutions. The Company’s HR services offerings are provided through its Workforce Optimization and Workforce Synchronization solutions (together, its professional employer organization (PEO) HR Outsourcing solutions), which encompass a range of human resources functions, including payroll and employment administration, employee benefits, workers’ compensation, performance management and training and development services, along with its cloud-based human capital management platform, the Employee Service Center (ESC).

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