Zacks: Brokerages Anticipate Insperity Inc (NSP) Will Post Earnings of $0.60 Per Share

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Analysts predict that Insperity Inc (NYSE:NSP) will announce earnings of $0.60 per share for the current quarter, according to Zacks. Three analysts have made estimates for Insperity’s earnings, with estimates ranging from $0.59 to $0.61. Insperity reported earnings of $0.41 per share during the same quarter last year, which would indicate a positive year over year growth rate of 46.3%. The business is scheduled to report its next earnings results on Tuesday, August 7th.

On average, analysts expect that Insperity will report full-year earnings of $3.41 per share for the current fiscal year, with EPS estimates ranging from $3.39 to $3.42. For the next financial year, analysts expect that the business will post earnings of $3.86 per share, with EPS estimates ranging from $3.78 to $3.90. Zacks Investment Research’s earnings per share calculations are an average based on a survey of analysts that cover Insperity.

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

NSP has been the subject of a number of analyst reports. Zacks Investment Research downgraded Insperity from a “buy” rating to a “hold” rating in a research note on Monday, April 16th. Robert W. Baird lifted their price target on Insperity from $69.00 to $95.00 and gave the company an “outperform” rating in a research note on Monday, May 14th. ValuEngine upgraded Insperity from a “sell” rating to a “hold” rating in a research note on Tuesday, May 1st. Finally, SunTrust Banks lifted their price target on Insperity to $85.00 and gave the company a “hold” rating in a research note on Tuesday, May 1st. One investment analyst has rated the stock with a sell rating, one has given a hold rating, three have issued a buy rating and one has given a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $86.75.

In other Insperity news, SVP Douglas S. Sharp sold 3,000 shares of Insperity stock in a transaction dated Monday, June 4th. The stock was sold at an average price of $95.31, for a total transaction of $285,930.00. Following the completion of the transaction, the senior vice president now owns 23,955 shares in the company, valued at approximately $2,283,151.05. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Austin P. Young sold 2,500 shares of the business’s stock in a transaction that occurred on Wednesday, June 13th. The stock was sold at an average price of $97.34, for a total value of $243,350.00. Following the completion of the transaction, the director now owns 23,328 shares in the company, valued at approximately $2,270,747.52. The disclosure for this sale can be found here. Insiders have sold a total of 248,682 shares of company stock valued at $21,403,889 in the last quarter. Company insiders own 9.58% of the company’s stock.

Several hedge funds and other institutional investors have recently made changes to their positions in the company. BlackRock Inc. boosted its stake in shares of Insperity by 91.6% in the 4th quarter. BlackRock Inc. now owns 5,558,288 shares of the business services provider’s stock worth $318,769,000 after buying an additional 2,656,549 shares during the last quarter. Mawer Investment Management Ltd. boosted its stake in shares of Insperity by 5.3% in the 1st quarter. Mawer Investment Management Ltd. now owns 632,000 shares of the business services provider’s stock worth $43,956,000 after buying an additional 31,800 shares during the last quarter. Principal Financial Group Inc. boosted its stake in shares of Insperity by 1.1% in the 1st quarter. Principal Financial Group Inc. now owns 602,826 shares of the business services provider’s stock worth $41,926,000 after buying an additional 6,354 shares during the last quarter. Renaissance Technologies LLC boosted its stake in shares of Insperity by 45.4% in the 4th quarter. Renaissance Technologies LLC now owns 506,500 shares of the business services provider’s stock worth $29,048,000 after buying an additional 158,100 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its stake in shares of Insperity by 71.7% in the 4th quarter. Bank of New York Mellon Corp now owns 506,094 shares of the business services provider’s stock worth $29,024,000 after buying an additional 211,266 shares during the last quarter. Hedge funds and other institutional investors own 80.94% of the company’s stock.

Insperity traded down $1.05, reaching $95.25, during mid-day trading on Monday, MarketBeat Ratings reports. 604,363 shares of the company traded hands, compared to its average volume of 275,446. The company has a market capitalization of $4.05 billion, a P/E ratio of 46.69, a price-to-earnings-growth ratio of 1.69 and a beta of 0.86. The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.13 and a current ratio of 1.13. Insperity has a fifty-two week low of $34.88 and a fifty-two week high of $101.90.

The business also recently declared a quarterly dividend, which will be paid on Monday, June 25th. Shareholders of record on Monday, June 11th will be paid a dividend of $0.20 per share. The ex-dividend date is Friday, June 8th. This represents a $0.80 dividend on an annualized basis and a yield of 0.84%. Insperity’s dividend payout ratio (DPR) is currently 39.22%.

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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