Insperity, Inc. (NSP) – What Are Researchers Thinking About This Stock?

Shares of Insperity, Inc. (NYSE:NSP) have received a consensus rating of “Reduce” from the five brokerages that are presently covering the stock, Marketbeat.com reports. Two investment analysts have rated the stock with a sell recommendation, two have given a hold recommendation and one has assigned a buy recommendation to the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $53.33.

A number of equities analysts have recently weighed in on the stock. Zacks Research raised shares of Insperity from a “strong sell” rating to a “hold” rating in a research note on Wednesday, July 29th. Roth Capital set a $61.00 price target on shares of Insperity in a report on Friday, July 31st. Robert W. Baird set a $56.00 price objective on shares of Insperity in a research note on Friday, July 31st. Weiss Ratings reissued a “sell (d+)” rating on shares of Insperity in a report on Tuesday, October 13th. Finally, Truist Financial set a $52.00 price target on shares of Insperity and gave the stock a “hold” rating in a research report on Wednesday, July 22nd.

Insperity Stock Performance

Shares of Insperity stock opened at $50.82 on Wednesday. Insperity has a 12 month low of $18.57 and a 12 month high of $55.90. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 9.52. The stock has a market cap of $1.94 billion, a PE ratio of 635.37 and a beta of 0.48. The business has a fifty day simple moving average of $49.89 and a 200-day simple moving average of $39.82.

Insperity (NYSE:NSP) last posted its quarterly earnings results on Thursday, October 29th. The business services provider reported $0.22 earnings per share for the quarter, beating the consensus estimate of $0.21 by $0.01. The firm had revenue of $1.65 billion for the quarter, compared to analyst estimates of $1.64 billion. Insperity had a return on equity of 18.27% and a net margin of 0.04%. Insperity’s quarterly revenue was up 1.7% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.20) earnings per share. On average, sell-side analysts anticipate that Insperity will post 1.28 EPS for the current fiscal year.

Insperity Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, September 17th. Investors of record on Wednesday, September 2nd were issued a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 4.7%. The ex-dividend date of this dividend was Wednesday, September 2nd. Insperity’s dividend payout ratio (DPR) is currently 3,000.00%.

Institutional Trading of Insperity

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Reinhart Partners LLC. increased its holdings in shares of Insperity by 12.1% in the second quarter. Reinhart Partners LLC. now owns 3,304,074 shares of the business services provider’s stock valued at $136,492,000 after purchasing an additional 356,365 shares in the last quarter. Quantinno Capital Management LP grew its position in shares of Insperity by 43.2% during the 1st quarter. Quantinno Capital Management LP now owns 68,101 shares of the business services provider’s stock worth $1,841,000 after buying an additional 20,535 shares during the period. Bank of America Corp DE bought a new stake in Insperity in the second quarter valued at approximately $118,483,000. Lakewood Capital Management LP bought a new stake in shares of Insperity in the 2nd quarter valued at $6,816,000. Finally, Formula Growth Ltd. acquired a new stake in shares of Insperity during the second quarter worth about $2,342,000. 93.44% of the stock is currently owned by institutional investors and hedge funds.

About Insperity

Insperity, Inc. provides human resources and business solutions to small and midsize businesses in the United States. Its services are designed to help clients manage workforce-related responsibilities and support their employees. The company’s offerings include payroll and employment administration, employee benefits, workers’ compensation, human resources guidance, and assistance with employment-related compliance. It also provides services such as recruiting, training, and performance management.