Brokerages expect Insperity Inc (NYSE:NSP) to post $1.14 earnings per share (EPS) for the current quarter, according to Zacks Investment Research. Four analysts have provided estimates for Insperity’s earnings. The lowest EPS estimate is $1.13 and the highest is $1.15. Insperity reported earnings of $0.92 per share in the same quarter last year, which would suggest a positive year over year growth rate of 23.9%. The business is scheduled to announce its next earnings results on Monday, May 7th.
On average, analysts expect that Insperity will report full-year earnings of $3.04 per share for the current fiscal year, with EPS estimates ranging from $2.99 to $3.07. For the next fiscal year, analysts expect that the company will report earnings of $3.49 per share, with EPS estimates ranging from $3.38 to $3.58. Zacks’ earnings per share averages are an average based on a survey of research analysts that that provide coverage for Insperity.
Insperity (NYSE:NSP) last announced its earnings results on Monday, February 12th. The business services provider reported $0.55 EPS for the quarter, missing the consensus estimate of $0.92 by ($0.37). The company had revenue of $826.50 million for the quarter, compared to analyst estimates of $813.28 million. Insperity had a return on equity of 102.86% and a net margin of 2.55%. The business’s quarterly revenue was up 13.4% on a year-over-year basis. During the same quarter last year, the business posted $0.58 earnings per share.
In related news, EVP Jay E. Mincks sold 6,000 shares of the firm’s stock in a transaction on Tuesday, February 13th. The shares were sold at an average price of $61.84, for a total value of $371,040.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Chairman Paul J. Sarvadi sold 45,000 shares of the firm’s stock in a transaction on Tuesday, February 13th. The shares were sold at an average price of $61.58, for a total transaction of $2,771,100.00. The disclosure for this sale can be found here. Insiders sold 109,751 shares of company stock worth $6,910,568 over the last quarter. 13.92% of the stock is owned by corporate insiders.
Several large investors have recently added to or reduced their stakes in NSP. USA Mutuals Advisors Inc. bought a new position in shares of Insperity in the fourth quarter valued at $100,000. Ameritas Investment Partners Inc. grew its stake in shares of Insperity by 18.6% in the second quarter. Ameritas Investment Partners Inc. now owns 1,608 shares of the business services provider’s stock valued at $114,000 after buying an additional 252 shares in the last quarter. Mutual of America Capital Management LLC grew its stake in shares of Insperity by 100.0% in the fourth quarter. Mutual of America Capital Management LLC now owns 2,000 shares of the business services provider’s stock valued at $115,000 after buying an additional 1,000 shares in the last quarter. Fuller & Thaler Asset Management Inc. grew its stake in shares of Insperity by 100.0% in the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 2,200 shares of the business services provider’s stock valued at $126,000 after buying an additional 1,100 shares in the last quarter. Finally, DekaBank Deutsche Girozentrale grew its stake in shares of Insperity by 78.2% in the third quarter. DekaBank Deutsche Girozentrale now owns 1,611 shares of the business services provider’s stock valued at $134,000 after buying an additional 707 shares in the last quarter. 83.49% of the stock is owned by institutional investors and hedge funds.
Shares of Insperity (NYSE NSP) traded down $0.70 during mid-day trading on Wednesday, reaching $70.30. 421,870 shares of the company’s stock traded hands, compared to its average volume of 232,815. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 1.57. The firm has a market cap of $2,930.00, a P/E ratio of 33.96, a P/E/G ratio of 1.45 and a beta of 0.86. Insperity has a 52-week low of $34.88 and a 52-week high of $71.10.
Insperity announced that its board has initiated a share buyback plan on Thursday, November 16th that allows the company to repurchase 500,000 outstanding shares. This repurchase authorization allows the business services provider to purchase shares of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s leadership believes its shares are undervalued.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 22nd. Stockholders of record on Thursday, March 8th will be issued a $0.20 dividend. The ex-dividend date of this dividend is Wednesday, March 7th. This is an increase from Insperity’s previous quarterly dividend of $0.15. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.14%. Insperity’s dividend payout ratio (DPR) is 38.65%.
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Insperity Company Profile
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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