Insperity Inc (NYSE:NSP) declared a quarterly dividend on Thursday, November 21st, Zacks reports. Stockholders of record on Friday, December 6th will be given a dividend of 0.30 per share by the business services provider on Friday, December 20th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.54%. The ex-dividend date is Thursday, December 5th.
Shares of NSP opened at $78.12 on Tuesday. The company has a 50-day simple moving average of $86.86 and a 200-day simple moving average of $105.08. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 5.84. The company has a market capitalization of $3.11 billion, a PE ratio of 23.18, a P/E/G ratio of 1.44 and a beta of 0.93. Insperity has a 52-week low of $67.06 and a 52-week high of $144.92.
Insperity (NYSE:NSP) last announced its quarterly earnings data on Monday, November 4th. The business services provider reported $0.75 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.01 by ($0.26). The company had revenue of $1.04 billion during the quarter, compared to analyst estimates of $1.04 billion. Insperity had a net margin of 3.69% and a return on equity of 166.72%. The firm’s revenue for the quarter was up 12.8% on a year-over-year basis. During the same quarter last year, the business earned $0.96 EPS. On average, research analysts anticipate that Insperity will post 3.59 EPS for the current year.
A number of brokerages have issued reports on NSP. SunTrust Banks dropped their target price on shares of Insperity to $128.00 and set an “accumulate” rating for the company in a report on Tuesday, November 5th. Robert W. Baird set a $141.00 price target on Insperity and gave the stock a “buy” rating in a research note on Wednesday, August 21st. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Insperity presently has an average rating of “Buy” and an average target price of $135.00.
In other Insperity news, CEO Paul J. Sarvadi sold 2,900 shares of the firm’s stock in a transaction dated Friday, November 1st. The shares were sold at an average price of $107.30, for a total transaction of $311,170.00. Following the completion of the transaction, the chief executive officer now directly owns 679,878 shares in the company, valued at approximately $72,950,909.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Jay E. Mincks sold 3,000 shares of the firm’s stock in a transaction dated Tuesday, November 12th. The shares were sold at an average price of $70.09, for a total transaction of $210,270.00. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 14,535 shares of company stock worth $1,297,639. 6.86% of the stock is owned by company insiders.
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 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.
Further Reading: Trading signals using Bollinger bands
Receive News & Ratings for Insperity Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Insperity and related companies with MarketBeat.com's FREE daily email newsletter.