Insperity Upgraded to Neutral at Zacks (NSP)
Insperity (NYSE:NSP) was upgraded by Zacks from an “underperform” rating to a “neutral” rating in a note issued to investors on Tuesday. The firm currently has a $33.60 target price on the stock. Zacks‘s price objective suggests a potential upside of 2.53% from the stock’s previous close.
Shares of Insperity (NYSE:NSP) traded down 1.07% during mid-day trading on Tuesday, hitting $32.42. 29,357 shares of the company’s stock traded hands. Insperity has a 52 week low of $26.85 and a 52 week high of $39.69. The stock’s 50-day moving average is $32.50 and its 200-day moving average is $31.63. The company has a market cap of $827.8 million and a P/E ratio of 29.55.
Insperity (NYSE:NSP) last posted its quarterly earnings results on Friday, May 2nd. The company reported $0.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.02. The company had revenue of $637.00 million for the quarter, compared to the consensus estimate of $643.62 million. During the same quarter in the previous year, the company posted $0.51 earnings per share. The company’s revenue for the quarter was up 4.1% on a year-over-year basis. Analysts expect that Insperity will post $1.08 EPS for the current fiscal year.
Insperity, Inc, formerly Administaff, Inc, is a provider of human resources (NYSE:NSP) and business performance solutions.
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