Insperity (NYSE:NSP) Issues FY22 Earnings Guidance

Insperity (NYSE:NSPGet Rating) issued an update on its FY22 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of $4.31-5.09 for the period, compared to the Thomson Reuters consensus estimate of $4.33. Insperity also updated its FY 2022 guidance to $4.310-$5.090 EPS.

NSP opened at $109.63 on Friday. The company has a fifty day moving average of $96.66 and a two-hundred day moving average of $107.19. The stock has a market capitalization of $4.20 billion, a price-to-earnings ratio of 34.37, a PEG ratio of 1.95 and a beta of 1.58. Insperity has a fifty-two week low of $82.82 and a fifty-two week high of $129.32. The company has a debt-to-equity ratio of 3.81, a quick ratio of 1.10 and a current ratio of 1.10.

Insperity (NYSE:NSPGet Rating) last announced its quarterly earnings results on Tuesday, April 26th. The business services provider reported $1.99 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.80 by $0.19. The firm had revenue of $1.58 billion during the quarter, compared to analyst estimates of $1.54 billion. Insperity had a return on equity of 193.00% and a net margin of 2.49%. Insperity’s revenue for the quarter was up 22.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.58 EPS. On average, equities research analysts forecast that Insperity will post 3.5 earnings per share for the current year.

The business also recently declared a quarterly dividend, which was paid on Thursday, March 24th. Investors of record on Thursday, March 10th were paid a $0.45 dividend. The ex-dividend date was Wednesday, March 9th. This represents a $1.80 dividend on an annualized basis and a yield of 1.64%. Insperity’s dividend payout ratio is currently 56.43%.

Several analysts have recently issued reports on the stock. TheStreet lowered shares of Insperity from a b rating to a c+ rating in a research report on Friday, February 11th. Zacks Investment Research cut Insperity from a hold rating to a strong sell rating and set a $79.00 price objective on the stock. in a report on Thursday, February 17th. Finally, StockNews.com began coverage on Insperity in a report on Thursday, March 31st. They set a buy rating for the company. One research analyst has rated the stock with a sell rating, one has issued a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the company has a consensus rating of Buy and an average price target of $113.08.

Hedge funds have recently bought and sold shares of the company. Squarepoint Ops LLC purchased a new stake in shares of Insperity in the fourth quarter valued at about $398,000. Cetera Investment Advisers boosted its holdings in Insperity by 6.5% in the 4th quarter. Cetera Investment Advisers now owns 5,022 shares of the business services provider’s stock valued at $593,000 after purchasing an additional 308 shares during the last quarter. BNP Paribas Arbitrage SA grew its stake in shares of Insperity by 3.9% in the 3rd quarter. BNP Paribas Arbitrage SA now owns 5,900 shares of the business services provider’s stock valued at $653,000 after buying an additional 224 shares during the period. Comerica Bank increased its holdings in shares of Insperity by 3.1% during the 4th quarter. Comerica Bank now owns 16,828 shares of the business services provider’s stock worth $1,715,000 after buying an additional 500 shares during the last quarter. Finally, Stifel Financial Corp raised its position in shares of Insperity by 21.8% during the 4th quarter. Stifel Financial Corp now owns 20,293 shares of the business services provider’s stock valued at $2,397,000 after buying an additional 3,634 shares during the period. Institutional investors and hedge funds own 86.81% of the company’s stock.

About Insperity (Get Rating)

Insperity, Inc provides human resources (HR) and business solutions to improve business performance for small and medium-sized businesses. The company 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.

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