Insperity (NSP) Issues FY18 Earnings Guidance

Insperity (NYSE:NSP) updated its FY18 earnings guidance on Monday. The company provided EPS guidance of $2.96-3.08 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.65. Insperity also updated its Q1 guidance to $1.12-1.16 EPS.

A number of analysts have recently commented on the company. Robert W. Baird reiterated a buy rating and set a $56.00 target price on shares of Insperity in a research report on Friday, November 10th. SunTrust Banks reiterated a hold rating and set a $55.00 target price on shares of Insperity in a research report 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 assigned a buy rating to the company. The company presently has an average rating of Hold and an average price target of $50.60.

Shares of Insperity (NYSE:NSP) opened at $57.30 on Monday. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 1.02. Insperity has a 52-week low of $34.88 and a 52-week high of $62.55. The company has a market capitalization of $2,388.59, a PE ratio of 30.64, a PEG ratio of 1.38 and a beta of 0.96.

Insperity (NYSE:NSP) last posted its earnings results on Monday, February 12th. The business services provider reported $0.55 EPS for the quarter, missing the Zacks’ consensus estimate of $0.92 by ($0.37). Insperity had a return on equity of 94.38% and a net margin of 2.43%. The firm had revenue of $826.50 million for the quarter, compared to analyst estimates of $813.28 million. During the same quarter last year, the firm posted $0.58 EPS. The firm’s revenue for the quarter was up 13.4% on a year-over-year basis. research analysts forecast that Insperity will post 2.01 EPS for the current fiscal year.

Insperity announced that its board has approved a share buyback program on Thursday, November 16th that permits the company to buyback 500,000 outstanding shares. This buyback authorization permits the business services provider to reacquire shares of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s board believes its shares are undervalued.

In related news, President Richard G. Rawson sold 900 shares of the business’s stock in a transaction dated Monday, November 27th. The stock was sold at an average price of $114.76, for a total value of $103,284.00. Following the transaction, the president now owns 97,410 shares in the company, valued at approximately $11,178,771.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Arthur A. Arizpe sold 5,000 shares of the business’s stock in a transaction dated Tuesday, November 28th. The shares were sold at an average price of $117.01, for a total value of $585,050.00. The disclosure for this sale can be found here. Insiders have sold 44,319 shares of company stock worth $5,079,072 in the last quarter. Insiders own 13.92% of the company’s stock.

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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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