Q2 2024 EPS Estimates for Insperity, Inc. Reduced by Zacks Research (NYSE:NSP)

Insperity, Inc. (NYSE:NSP) – Equities researchers at Zacks Research cut their Q2 2024 earnings estimates for Insperity in a research note issued to investors on Wednesday, May 22nd. Zacks Research analyst R. Department now expects that the business services provider will earn $0.29 per share for the quarter, down from their previous estimate of $0.47. The consensus estimate for Insperity’s current full-year earnings is $2.34 per share. Zacks Research also issued estimates for Insperity’s Q3 2024 earnings at $0.12 EPS, Q4 2024 earnings at ($0.25) EPS, FY2024 earnings at $2.23 EPS, Q1 2025 earnings at $1.42 EPS, Q2 2025 earnings at $0.22 EPS, Q3 2025 earnings at $0.18 EPS, Q4 2025 earnings at $0.47 EPS, FY2025 earnings at $2.30 EPS, Q1 2026 earnings at $1.19 EPS and FY2026 earnings at $2.00 EPS.

Several other brokerages have also commented on NSP. TheStreet lowered Insperity from a “b” rating to a “c+” rating in a research report on Monday, February 12th. StockNews.com raised Insperity from a “hold” rating to a “buy” rating in a research note on Thursday, May 9th. William Blair reissued an “outperform” rating on shares of Insperity in a research note on Friday, May 17th. Finally, Robert W. Baird increased their price target on shares of Insperity from $105.00 to $109.00 and gave the company a “neutral” rating in a research report on Friday, May 17th. Two investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $109.50.

Insperity Stock Down 3.0 %

NSP opened at $100.17 on Friday. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 2.64. The business’s fifty day simple moving average is $105.21 and its 200 day simple moving average is $108.27. Insperity has a 52 week low of $90.80 and a 52 week high of $128.91. The stock has a market cap of $3.77 billion, a PE ratio of 24.49, a P/E/G ratio of 2.94 and a beta of 1.16.

Insperity (NYSE:NSP) last issued its quarterly earnings results on Wednesday, May 1st. The business services provider reported $2.08 EPS for the quarter, topping analysts’ consensus estimates of $1.84 by $0.24. The firm had revenue of $1.80 billion for the quarter, compared to analyst estimates of $1.81 billion. Insperity had a net margin of 2.39% and a return on equity of 137.14%.

Insperity Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 21st. Investors of record on Friday, June 7th will be given a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 2.40%. The ex-dividend date is Friday, June 7th. This is a positive change from Insperity’s previous quarterly dividend of $0.57. Insperity’s dividend payout ratio (DPR) is 55.75%.

Insider Transactions at Insperity

In related news, Director John M. Morphy sold 3,300 shares of the business’s stock in a transaction that occurred on Thursday, May 23rd. The shares were sold at an average price of $102.42, for a total value of $337,986.00. Following the completion of the transaction, the director now directly owns 7,633 shares in the company, valued at approximately $781,771.86. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. In other news, Director John M. Morphy sold 3,300 shares of the firm’s stock in a transaction dated Thursday, May 23rd. The shares were sold at an average price of $102.42, for a total transaction of $337,986.00. Following the sale, the director now owns 7,633 shares of the company’s stock, valued at approximately $781,771.86. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Douglas S. Sharp sold 5,212 shares of the business’s stock in a transaction that occurred on Wednesday, May 8th. The shares were sold at an average price of $104.47, for a total transaction of $544,497.64. Following the transaction, the chief financial officer now directly owns 28,516 shares of the company’s stock, valued at $2,979,066.52. The disclosure for this sale can be found here. 5.50% of the stock is owned by insiders.

Institutional Trading of Insperity

A number of hedge funds have recently bought and sold shares of the company. Principal Securities Inc. purchased a new stake in shares of Insperity in the 4th quarter worth $32,000. C M Bidwell & Associates Ltd. purchased a new stake in shares of Insperity in the fourth quarter worth $34,000. GAMMA Investing LLC purchased a new position in shares of Insperity during the 4th quarter valued at $34,000. SRS Capital Advisors Inc. boosted its holdings in Insperity by 387.0% in the 4th quarter. SRS Capital Advisors Inc. now owns 375 shares of the business services provider’s stock worth $44,000 after buying an additional 298 shares during the period. Finally, Hexagon Capital Partners LLC increased its stake in Insperity by 1,600.0% in the 4th quarter. Hexagon Capital Partners LLC now owns 391 shares of the business services provider’s stock worth $46,000 after buying an additional 368 shares in the last quarter. Hedge funds and other institutional investors own 93.44% of the company’s stock.

About Insperity

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.