Insperity (NYSE:NSP) Releases Q4 2024 Earnings Guidance

Insperity (NYSE:NSP) issued an update on its fourth quarter 2024 earnings guidance on Thursday morning. The company provided EPS guidance of -0.100-0.120 for the period, compared to the consensus EPS estimate of 0.110. The company issued revenue guidance of -. Insperity also updated its FY 2024 guidance to 3.420-3.660 EPS.

Analyst Ratings Changes

A number of brokerages have recently commented on NSP. JPMorgan Chase & Co. started coverage on shares of Insperity in a report on Tuesday, October 22nd. They set an “underweight” rating and a $90.00 target price on the stock. William Blair lowered shares of Insperity from an “outperform” rating to a “market perform” rating in a research note on Tuesday, September 24th. Finally, Truist Financial dropped their price target on Insperity from $95.00 to $88.00 and set a “hold” rating on the stock in a research report on Friday. One analyst has rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $95.67.

Insperity Stock Down 4.6 %

NYSE:NSP traded down $3.59 on Friday, reaching $75.18. 616,181 shares of the stock traded hands, compared to its average volume of 274,986. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 2.60. The company has a market capitalization of $2.82 billion, a price-to-earnings ratio of 17.73, a PEG ratio of 2.24 and a beta of 1.11. Insperity has a 12 month low of $74.32 and a 12 month high of $119.40. The company’s fifty day simple moving average is $87.39 and its 200 day simple moving average is $94.05.

Insperity (NYSE:NSP) last announced its quarterly earnings results on Thursday, August 1st. The business services provider reported $0.86 earnings per share for the quarter, beating the consensus estimate of $0.72 by $0.14. The company had revenue of $1.61 billion during the quarter, compared to the consensus estimate of $1.62 billion. Insperity had a net margin of 2.46% and a return on equity of 138.16%. The firm’s quarterly revenue was up 1.3% compared to the same quarter last year. During the same quarter last year, the firm earned $0.33 earnings per share. Equities analysts predict that Insperity will post 2.42 EPS for the current fiscal year.

Insperity Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 19th. Shareholders of record on Thursday, September 5th were issued a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 3.19%. The ex-dividend date was Thursday, September 5th. Insperity’s payout ratio is 56.60%.

Insider Activity

In other Insperity news, CEO Paul J. Sarvadi sold 16,123 shares of the company’s stock in a transaction dated Thursday, August 8th. The shares were sold at an average price of $92.23, for a total transaction of $1,487,024.29. Following the transaction, the chief executive officer now owns 509,129 shares in the company, valued at approximately $46,956,967.67. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 5.50% of the company’s stock.

Insperity Company Profile

Insperity, Inc engages in the provision of human resources (HR) and business solutions to improve business performance for small and medium-sized businesses primarily in the United States. It offers its HR services through its workforce optimization and workforce synchronization solutions that include a range of human resources functions, such as payroll and employment administration, employee benefits, workers' compensation, government compliance, performance management, and training and development services.