Insperity (NSP) Scheduled to Post Earnings on Monday

Insperity (NYSE:NSP) will post its quarterly earnings results before the market opens on Monday, February 12th. Analysts expect Insperity to post earnings of $0.92 per share for the quarter.

Shares of Insperity (NYSE NSP) opened at $59.95 on Monday. The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.16 and a current ratio of 1.16. Insperity has a 52 week low of $34.88 and a 52 week high of $62.55. The firm has a market capitalization of $2,499.08, a P/E ratio of 32.32, a price-to-earnings-growth ratio of 1.44 and a beta of 0.96.

Insperity announced that its Board of Directors has authorized a stock buyback program on Thursday, November 16th that authorizes the company to buyback 500,000 outstanding shares. This buyback authorization authorizes the business services provider to purchase shares of its stock through open market purchases. Shares buyback programs are typically a sign that the company’s board of directors believes its stock is undervalued.

Several equities research analysts have weighed in on the company. Robert W. Baird reissued a “buy” rating and set a $56.00 price objective on shares of Insperity in a research note on Friday, November 10th. SunTrust Banks reissued a “hold” rating and set a $55.00 price objective on shares of Insperity in a research note on Friday, November 3rd. They noted that the move was a valuation call. One analyst has rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the company’s stock. Insperity currently has a consensus rating of “Hold” and an average price target of $50.60.

In other news, EVP Arthur A. Arizpe sold 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 28th. The stock was sold at an average price of $117.01, for a total transaction of $585,050.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, President Richard G. Rawson sold 900 shares of the company’s stock in a transaction that occurred on Monday, November 27th. The shares were sold at an average price of $114.76, for a total value of $103,284.00. Following the transaction, the president now directly owns 97,410 shares in the company, valued at approximately $11,178,771.60. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 54,319 shares of company stock worth $6,131,272. Insiders own 27.47% of the company’s stock.

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About Insperity

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).

Earnings History for Insperity (NYSE:NSP)

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