Insperity (NYSE:NSP) Rating Lowered to Strong Sell at Zacks Research

Insperity (NYSE:NSP) was downgraded by equities research analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a report issued on Thursday,Zacks.com reports.

A number of other brokerages have also issued reports on NSP. Wall Street Zen lowered shares of Insperity from a “hold” rating to a “sell” rating in a research note on Saturday. Roth Capital reissued a “buy” rating and issued a $71.00 target price on shares of Insperity in a research report on Tuesday. Weiss Ratings reissued a “sell (d+)” rating on shares of Insperity in a report on Wednesday, October 8th. Truist Financial decreased their target price on Insperity from $50.00 to $35.00 and set a “hold” rating for the company in a report on Tuesday. Finally, JPMorgan Chase & Co. cut their price target on shares of Insperity from $51.00 to $34.00 and set an “underweight” rating on the stock in a report on Tuesday. One research analyst has rated the stock with a Buy rating, one has issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and an average price target of $46.67.

Insperity Trading Down 0.6%

Shares of NYSE NSP opened at $33.89 on Thursday. Insperity has a 1-year low of $33.00 and a 1-year high of $95.98. The company has a debt-to-equity ratio of 3.29, a current ratio of 1.12 and a quick ratio of 1.12. The business’s 50 day moving average is $48.16 and its two-hundred day moving average is $56.73. The stock has a market capitalization of $1.28 billion, a P/E ratio of 31.97 and a beta of 0.52.

Insperity (NYSE:NSP) last released its quarterly earnings results on Monday, November 3rd. The business services provider reported ($0.20) EPS for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.42). The firm had revenue of $1.62 billion for the quarter, compared to analysts’ expectations of $1.63 billion. Insperity had a return on equity of 35.32% and a net margin of 0.60%.Insperity’s revenue for the quarter was up 4.0% on a year-over-year basis. During the same period in the prior year, the firm posted $0.39 earnings per share. Insperity has set its FY 2025 guidance at 0.840-1.470 EPS. Q4 2025 guidance at -0.790–0.160 EPS. As a group, research analysts expect that Insperity will post 2.33 EPS for the current year.

Insider Transactions at Insperity

In other Insperity news, CEO Paul J. Sarvadi sold 10,850 shares of the company’s stock in a transaction that occurred on Wednesday, September 17th. The stock was sold at an average price of $51.98, for a total value of $563,983.00. Following the completion of the transaction, the chief executive officer owned 428,001 shares in the company, valued at $22,247,491.98. This represents a 2.47% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 5.29% of the company’s stock.

Hedge Funds Weigh In On Insperity

Several large investors have recently modified their holdings of the stock. LRI Investments LLC increased its holdings in shares of Insperity by 134.0% during the third quarter. LRI Investments LLC now owns 606 shares of the business services provider’s stock valued at $30,000 after purchasing an additional 347 shares during the period. Caitong International Asset Management Co. Ltd bought a new position in Insperity during the 1st quarter valued at $33,000. DekaBank Deutsche Girozentrale bought a new stake in shares of Insperity in the 1st quarter worth $42,000. Bayforest Capital Ltd acquired a new stake in shares of Insperity in the third quarter valued at $58,000. Finally, Geneos Wealth Management Inc. boosted its stake in Insperity by 32.2% during the first quarter. Geneos Wealth Management Inc. now owns 747 shares of the business services provider’s stock valued at $67,000 after buying an additional 182 shares in the last quarter. 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.