Insperity (NYSE:NSP) Updates FY 2024 Earnings Guidance

Insperity (NYSE:NSP) issued an update on its FY 2024 earnings guidance on Wednesday morning. The company provided EPS guidance of 3.170-3.900 for the period, compared to the consensus EPS estimate of 3.520. The company issued revenue guidance of -. Insperity also updated its FY24 guidance to $3.17-3.90 EPS.

Insperity Stock Down 0.3 %

Insperity stock traded down $0.29 during mid-day trading on Friday, reaching $102.88. The stock had a trading volume of 305,792 shares, compared to its average volume of 278,037. The company has a market capitalization of $3.87 billion, a price-to-earnings ratio of 25.15, a PEG ratio of 2.95 and a beta of 1.16. The company has a debt-to-equity ratio of 2.64, a current ratio of 1.15 and a quick ratio of 1.11. Insperity has a one year low of $90.80 and a one year high of $128.91. The company has a 50-day moving average price of $103.92 and a two-hundred day moving average price of $108.01.

Insperity (NYSE:NSP) last posted its quarterly earnings results on Thursday, February 8th. The business services provider reported $0.46 EPS for the quarter, beating analysts’ consensus estimates of $0.38 by $0.08. The firm had revenue of $1.58 billion for the quarter, compared to analysts’ expectations of $1.57 billion. Insperity had a net margin of 2.39% and a return on equity of 137.14%. On average, analysts expect that Insperity will post 2.34 EPS for the current fiscal year.

Insperity Announces Dividend

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

Wall Street Analysts Forecast Growth

NSP has been the topic of several recent analyst reports. TheStreet cut Insperity from a b rating to a c+ rating in a research report on Monday, February 12th. StockNews.com upgraded shares of Insperity from a hold rating to a buy rating in a research note on Wednesday.

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.