Insperity Inc (NSP) Expected to Post Quarterly Sales of $963.53 Million

Analysts expect that Insperity Inc (NYSE:NSP) will post $963.53 million in sales for the current quarter, according to Zacks Investment Research. Four analysts have provided estimates for Insperity’s earnings. The lowest sales estimate is $947.02 million and the highest is $979.53 million. Insperity reported sales of $826.49 million during the same quarter last year, which would suggest a positive year over year growth rate of 16.6%. The business is expected to announce its next earnings report on Monday, February 11th.

According to Zacks, analysts expect that Insperity will report full-year sales of $3.83 billion for the current financial year, with estimates ranging from $3.81 billion to $3.84 billion. For the next financial year, analysts expect that the company will post sales of $4.31 billion, with estimates ranging from $4.19 billion to $4.39 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of analysts that that provide coverage for Insperity.

Insperity (NYSE:NSP) last issued its quarterly earnings data on Thursday, November 1st. The business services provider reported $0.96 EPS for the quarter, topping the Thomson Reuters’ 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 business had revenue of $925.13 million during the quarter, compared to analyst estimates of $935.62 million. During the same period last year, the business posted $1.14 earnings per share. Insperity’s quarterly revenue was up 16.3% compared to the same quarter last year.

Several analysts have commented on the stock. Zacks Investment Research restated a “strong-buy” rating and issued a $127.00 price objective on shares of Insperity in a report on Wednesday, November 14th. Robert W. Baird raised their price objective on shares of Insperity from $110.00 to $125.00 and gave the stock an “outperform” rating in a report on Friday, November 2nd. Two analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of $112.40.

In other news, SVP James D. Allison sold 2,000 shares of Insperity stock in a transaction that occurred on Friday, November 9th. The shares were sold at an average price of $115.90, for a total transaction of $231,800.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Chairman Paul J. Sarvadi sold 30,000 shares of Insperity stock in a transaction that occurred on Wednesday, November 7th. The shares were sold at an average price of $116.61, for a total transaction of $3,498,300.00. Following the transaction, the chairman now owns 598,962 shares of the company’s stock, valued at $69,844,958.82. The disclosure for this sale can be found here. Insiders have sold 35,742 shares of company stock valued at $4,156,509 over the last quarter. Company insiders own 9.58% of the company’s stock.

Several hedge funds have recently added to or reduced their stakes in the company. State of Alaska Department of Revenue lifted its holdings in shares of Insperity by 3.9% during the third quarter. State of Alaska Department of Revenue now owns 12,693 shares of the business services provider’s stock valued at $1,497,000 after purchasing an additional 477 shares during the last quarter. LPL Financial LLC lifted its holdings in shares of Insperity by 20.0% during the third quarter. LPL Financial LLC now owns 3,060 shares of the business services provider’s stock valued at $361,000 after purchasing an additional 510 shares during the last quarter. Thrivent Financial for Lutherans lifted its holdings in shares of Insperity by 2.0% during the third quarter. Thrivent Financial for Lutherans now owns 26,157 shares of the business services provider’s stock valued at $3,085,000 after purchasing an additional 511 shares during the last quarter. First National Bank of Hutchinson lifted its holdings in shares of Insperity by 5.8% during the third quarter. First National Bank of Hutchinson now owns 9,433 shares of the business services provider’s stock valued at $1,113,000 after purchasing an additional 516 shares during the last quarter. Finally, Carnegie Capital Asset Management LLC lifted its holdings in shares of Insperity by 26.0% during the third quarter. Carnegie Capital Asset Management LLC now owns 2,807 shares of the business services provider’s stock valued at $283,000 after purchasing an additional 580 shares during the last quarter. Hedge funds and other institutional investors own 83.35% of the company’s stock.

NSP traded down $2.58 on Wednesday, hitting $94.24. The company had a trading volume of 334,040 shares, compared to its average volume of 779,279. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.21 and a quick ratio of 1.21. Insperity has a 52-week low of $55.40 and a 52-week high of $121.15. The firm has a market capitalization of $4.05 billion, a PE ratio of 46.20, a price-to-earnings-growth ratio of 1.60 and a beta of 0.93.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 28th. Shareholders of record on Thursday, December 13th will be issued a $0.20 dividend. The ex-dividend date of this dividend is Wednesday, December 12th. This represents a $0.80 annualized dividend and a yield of 0.85%. Insperity’s dividend payout ratio (DPR) is presently 39.22%.

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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