Insperity (NYSE:NSP) Updates FY24 Earnings Guidance

Insperity (NYSE:NSP) updated its FY24 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of $3.17-3.90 for the period, compared to the consensus estimate of $3.52. Insperity also updated its FY 2024 guidance to 3.170-3.900 EPS.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the stock. StockNews.com upgraded shares of Insperity from a hold rating to a buy rating in a research note on Wednesday. TheStreet downgraded shares of Insperity from a b rating to a c+ rating in a research report on Monday, February 12th.

Insperity Price Performance

NYSE:NSP opened at $102.88 on Friday. Insperity has a 52 week low of $90.80 and a 52 week high of $128.91. The company has a debt-to-equity ratio of 2.64, a quick ratio of 1.11 and a current ratio of 1.15. The firm’s 50-day simple moving average is $103.92 and its 200 day simple moving average is $107.96. The firm has a market cap of $3.87 billion, a price-to-earnings ratio of 25.15, a P/E/G ratio of 2.95 and a beta of 1.16.

Insperity (NYSE:NSP) last announced its earnings results on Thursday, February 8th. The business services provider reported $0.46 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.38 by $0.08. Insperity had a net margin of 2.39% and a return on equity of 137.14%. The firm had revenue of $1.58 billion for the quarter, compared to analyst estimates of $1.57 billion. As a group, sell-side analysts predict that Insperity will post 2.34 earnings per share for the current year.

Insperity Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 21st. Shareholders of record on Thursday, March 7th were issued a $0.57 dividend. The ex-dividend date of this dividend was Wednesday, March 6th. This represents a $2.28 annualized dividend and a yield of 2.22%. Insperity’s dividend payout ratio is presently 55.75%.

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.