Zacks: Analysts Anticipate Insperity Inc (NSP) to Post $0.64 Earnings Per Share

Wall Street brokerages expect that Insperity Inc (NYSE:NSP) will post earnings of $0.64 per share for the current fiscal quarter, according to Zacks Investment Research. Four analysts have issued estimates for Insperity’s earnings. The highest EPS estimate is $0.67 and the lowest is $0.59. Insperity reported earnings of $0.55 per share in the same quarter last year, which would indicate a positive year-over-year growth rate of 16.4%. The company is expected to announce its next earnings results on Monday, February 11th.

On average, analysts expect that Insperity will report full year earnings of $3.67 per share for the current fiscal year, with EPS estimates ranging from $3.50 to $3.72. For the next year, analysts expect that the company will post earnings of $4.18 per share, with EPS estimates ranging from $4.03 to $4.31. Zacks Investment Research’s EPS calculations are a mean average based on a survey of analysts that cover Insperity.

Insperity (NYSE:NSP) last issued its quarterly earnings results 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 business had revenue of $925.13 million during the quarter, compared to analyst estimates of $935.62 million. Insperity had a net margin of 3.41% and a return on equity of 123.25%. Insperity’s revenue for the quarter was up 16.3% compared to the same quarter last year. During the same quarter last year, the business posted $1.14 earnings per share.

A number of research firms have commented on NSP. First Analysis lowered shares of Insperity from an “overweight” rating to an “equal weight” rating and set a $102.00 target price for the company. in a report on Wednesday, August 1st. Roth Capital lifted their target price on shares of Insperity from $88.00 to $123.00 and gave the stock a “buy” rating in a report on Wednesday, August 1st. Zacks Investment Research raised shares of Insperity from a “hold” rating to a “buy” rating and set a $119.00 target price for the company in a report on Tuesday, August 7th. Finally, Robert W. Baird lifted their target price on shares of Insperity from $110.00 to $125.00 and gave the stock an “outperform” rating in a report on Friday, November 2nd. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Insperity has an average rating of “Buy” and an average target price of $110.80.

Shares of Insperity stock traded down $3.20 during midday trading on Friday, reaching $115.49. The company had a trading volume of 272,780 shares, compared to its average volume of 352,291. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.21 and a quick ratio of 1.21. The firm has a market cap of $4.87 billion, a P/E ratio of 56.61, a P/E/G ratio of 1.93 and a beta of 0.90. Insperity has a 1-year low of $52.24 and a 1-year high of $121.15.

In other news, EVP Arthur A. Arizpe sold 5,000 shares of the business’s stock in a transaction on Tuesday, August 14th. The shares were sold at an average price of $113.00, for a total value of $565,000.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Douglas S. Sharp sold 1,823 shares of the business’s stock in a transaction on Thursday, August 23rd. The shares were sold at an average price of $115.60, for a total transaction of $210,738.80. Following the completion of the transaction, the senior vice president now directly owns 19,967 shares of the company’s stock, valued at approximately $2,308,185.20. The disclosure for this sale can be found here. Insiders sold a total of 100,769 shares of company stock valued at $11,568,504 in the last three months. 9.58% of the stock is owned by company insiders.

Several hedge funds have recently made changes to their positions in NSP. Private Capital Group LLC lifted its position in Insperity by 566.1% in the 2nd quarter. Private Capital Group LLC now owns 1,099 shares of the business services provider’s stock valued at $104,000 after acquiring an additional 934 shares in the last quarter. Catalyst Capital Advisors LLC bought a new stake in Insperity in the 2nd quarter valued at $124,000. Advisory Services Network LLC bought a new stake in Insperity in the 2nd quarter valued at $164,000. Macquarie Group Ltd. lifted its position in Insperity by 53.8% in the 2nd quarter. Macquarie Group Ltd. now owns 2,000 shares of the business services provider’s stock valued at $191,000 after acquiring an additional 700 shares in the last quarter. Finally, Advisors Preferred LLC lifted its position in Insperity by 825.0% in the 2nd quarter. Advisors Preferred LLC now owns 2,109 shares of the business services provider’s stock valued at $201,000 after acquiring an additional 1,881 shares in the last quarter. 83.10% of the stock is owned by institutional investors.

About Insperity

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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