Zacks: Brokerages Anticipate Insperity Inc (NSP) Will Post Earnings of $0.64 Per Share

Brokerages expect Insperity Inc (NYSE:NSP) to report $0.64 earnings per share (EPS) for the current fiscal quarter, Zacks Investment Research reports. Four analysts have provided estimates for Insperity’s earnings. The lowest EPS estimate is $0.59 and the highest is $0.67. Insperity reported earnings of $0.55 per share in the same quarter last year, which would indicate a positive year-over-year growth rate of 16.4%. The firm is scheduled to report its next quarterly earnings report on Monday, February 11th.

According to Zacks, analysts expect that Insperity will report full-year earnings of $3.67 per share for the current financial year, with EPS estimates ranging from $3.50 to $3.72. For the next fiscal year, analysts anticipate that the firm will post earnings of $4.18 per share, with EPS estimates ranging from $4.03 to $4.31. Zacks Investment Research’s EPS averages are an average based on a survey of research analysts that cover Insperity.

Insperity (NYSE:NSP) last announced its earnings results on Thursday, November 1st. The business services provider reported $0.96 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.82 by $0.14. Insperity had a net margin of 3.41% and a return on equity of 123.25%. The firm had revenue of $925.13 million for the quarter, compared to analyst estimates of $935.62 million. During the same quarter in the prior year, the business posted $1.14 EPS. The business’s revenue was up 16.3% compared to the same quarter last year.

A number of brokerages have issued reports on NSP. Robert W. Baird increased their target price on shares of Insperity from $110.00 to $125.00 and gave the stock an “outperform” rating in a research report on Friday, November 2nd. Zacks Investment Research upgraded shares of Insperity from a “hold” rating to a “buy” rating and set a $119.00 target price on the stock in a research report on Tuesday, August 7th. First Analysis reaffirmed an “equal weight” rating on shares of Insperity in a report on Thursday, August 2nd. Finally, Roth Capital upped their price target on shares of Insperity from $88.00 to $123.00 and gave the stock a “buy” rating in a report on Wednesday, August 1st. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $110.80.

Shares of NYSE:NSP traded down $3.20 on Friday, reaching $115.49. 272,780 shares of the company’s stock were exchanged, compared to its average volume of 352,291. Insperity has a twelve month low of $52.24 and a twelve month high of $121.15. The firm has a market cap of $4.87 billion, a PE ratio of 56.61, a PEG ratio of 1.93 and a beta of 0.90. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.69.

In other news, EVP Arthur A. Arizpe sold 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 14th. The shares were sold at an average price of $113.00, for a total transaction of $565,000.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Richard G. Rawson sold 40,000 shares of the company’s stock in a transaction that occurred on Thursday, August 23rd. The stock was sold at an average price of $115.11, for a total transaction of $4,604,400.00. Following the sale, the director now directly owns 126,055 shares of the company’s stock, valued at approximately $14,510,191.05. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 100,769 shares of company stock valued at $11,568,504. 9.58% of the stock is currently owned by insiders.

Several institutional investors have recently modified their holdings of the company. BlackRock Inc. lifted its holdings in shares of Insperity by 9.3% during the 3rd quarter. BlackRock Inc. now owns 6,713,435 shares of the business services provider’s stock worth $791,849,000 after acquiring an additional 573,982 shares during the period. FMR LLC lifted its stake in Insperity by 118.6% in the 2nd quarter. FMR LLC now owns 991,464 shares of the business services provider’s stock valued at $94,437,000 after purchasing an additional 537,846 shares during the last quarter. Renaissance Technologies LLC lifted its stake in Insperity by 10.5% in the 2nd quarter. Renaissance Technologies LLC now owns 649,900 shares of the business services provider’s stock valued at $61,903,000 after purchasing an additional 61,800 shares during the last quarter. Principal Financial Group Inc. lifted its stake in Insperity by 1.1% in the 1st quarter. Principal Financial Group Inc. now owns 602,826 shares of the business services provider’s stock valued at $41,926,000 after purchasing an additional 6,354 shares during the last quarter. Finally, Northern Trust Corp lifted its stake in Insperity by 8.6% in the 2nd quarter. Northern Trust Corp now owns 503,969 shares of the business services provider’s stock valued at $48,003,000 after purchasing an additional 39,808 shares during the last quarter. 83.10% of the stock is owned by institutional investors.

Insperity Company Profile

Insperity, Inc provides human resources (HR) and business solutions to enhance business performance for small and medium-sized businesses in the United States. The company offers its HR services through its Workforce Optimization and Workforce Synchronization solutions, which encompasses a range of human resources functions comprising payroll and employment administration, employee benefits, workers' compensation, government compliance, performance management and training, and development services.

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