Insperity (NYSE:NSP) Releases Q4 2024 Earnings Guidance

Insperity (NYSE:NSP) issued an update on its fourth quarter 2024 earnings guidance on Thursday morning. The company provided EPS guidance of -0.100-0.120 for the period, compared to the consensus EPS estimate of 0.110. The company issued revenue guidance of -. Insperity also updated its FY 2024 guidance to 3.420-3.660 EPS.

Insperity Trading Down 4.6 %

Shares of NYSE:NSP traded down $3.59 during trading on Friday, reaching $75.18. 616,181 shares of the company were exchanged, compared to its average volume of 274,986. Insperity has a 12-month low of $74.32 and a 12-month high of $119.40. The company has a debt-to-equity ratio of 2.60, a current ratio of 1.17 and a quick ratio of 1.17. The business’s fifty day simple moving average is $87.39 and its 200-day simple moving average is $94.05. The firm has a market capitalization of $2.82 billion, a PE ratio of 17.73, a P/E/G ratio of 2.24 and a beta of 1.11.

Insperity (NYSE:NSP) last issued its quarterly earnings data on Thursday, August 1st. The business services provider reported $0.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.72 by $0.14. The firm had revenue of $1.61 billion for the quarter, compared to the consensus estimate of $1.62 billion. Insperity had a net margin of 2.46% and a return on equity of 138.16%. The company’s quarterly revenue was up 1.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.33 EPS. On average, research analysts anticipate that Insperity will post 2.42 EPS for the current year.

Insperity Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 19th. Investors of record on Thursday, September 5th were given a dividend of $0.60 per share. The ex-dividend date was Thursday, September 5th. This represents a $2.40 dividend on an annualized basis and a yield of 3.19%. Insperity’s dividend payout ratio is presently 56.60%.

Wall Street Analysts Forecast Growth

NSP has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. assumed coverage on Insperity in a research report on Tuesday, October 22nd. They issued an “underweight” rating and a $90.00 price objective for the company. Truist Financial dropped their target price on Insperity from $95.00 to $88.00 and set a “hold” rating for the company in a report on Friday. Finally, William Blair cut Insperity from an “outperform” rating to a “market perform” rating in a report on Tuesday, September 24th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Insperity has a consensus rating of “Hold” and an average price target of $95.67.

Insider Activity at Insperity

In other Insperity news, CEO Paul J. Sarvadi sold 16,123 shares of the stock in a transaction dated Thursday, August 8th. The shares were sold at an average price of $92.23, for a total value of $1,487,024.29. Following the completion of the transaction, the chief executive officer now directly owns 509,129 shares of the company’s stock, valued at approximately $46,956,967.67. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 5.50% of the stock is currently owned by insiders.

Insperity Company Profile

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.