Insperity, Inc. (NSP) Set to Announce Quarterly Earnings on Monday
Insperity, Inc. (NYSE:NSP) will be issuing its quarterly earnings data before the market opens on Monday, October 30th. Analysts expect the company to announce earnings of $0.98 per share for the quarter. Insperity has set its Q3 guidance at $0.94-1.00 EPS and its FY17 guidance at $4.47-4.60 EPS.
Insperity (NYSE:NSP) last released its quarterly earnings results on Tuesday, August 1st. The business services provider reported $0.82 EPS for the quarter, beating analysts’ consensus estimates of $0.68 by $0.14. Insperity had a return on equity of 96.85% and a net margin of 2.34%. The firm had revenue of $795.50 million for the quarter, compared to analyst estimates of $778.88 million. During the same quarter in the previous year, the company posted $0.60 EPS. The business’s revenue was up 12.5% on a year-over-year basis. On average, analysts expect Insperity to post $4.55 EPS for the current fiscal year and $5.17 EPS for the next fiscal year.
Insperity, Inc. (NYSE:NSP) traded down 0.32% during midday trading on Monday, hitting $94.75. The company’s stock had a trading volume of 47,526 shares. Insperity, Inc. has a 52-week low of $64.55 and a 52-week high of $96.30. The company has a market cap of $1.98 billion, a PE ratio of 27.44 and a beta of 0.79. The stock has a 50 day moving average of $87.23 and a 200 day moving average of $81.42.
In related news, SVP Daniel D. Herink sold 3,000 shares of the firm’s stock in a transaction dated Tuesday, August 15th. The stock was sold at an average price of $83.34, for a total value of $250,020.00. Following the sale, the senior vice president now directly owns 19,014 shares of the company’s stock, valued at $1,584,626.76. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, President Richard G. Rawson sold 51,000 shares of the firm’s stock in a transaction dated Tuesday, August 1st. The stock was sold at an average price of $84.94, for a total value of $4,331,940.00. Following the completion of the sale, the president now directly owns 128,868 shares in the company, valued at $10,946,047.92. The disclosure for this sale can be found here. In the last quarter, insiders sold 114,401 shares of company stock worth $9,642,153. Company insiders own 27.47% of the company’s stock.
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Several research firms have recently commented on NSP. Roth Capital upgraded Insperity from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $84.00 to $92.00 in a report on Tuesday, August 1st. BidaskClub downgraded Insperity from a “hold” rating to a “sell” rating in a report on Friday, August 18th. Finally, Zacks Investment Research downgraded Insperity from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 3rd. One analyst has rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $94.00.
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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