Zacks: Brokerages Anticipate Insperity Inc (NSP) to Announce $0.46 Earnings Per Share
Wall Street analysts expect Insperity Inc (NYSE:NSP) to report earnings per share of $0.46 for the current fiscal quarter, Zacks Investment Research reports. Four analysts have issued estimates for Insperity’s earnings. The lowest EPS estimate is $0.46 and the highest is $0.47. Insperity reported earnings per share of $0.29 in the same quarter last year, which would suggest a positive year over year growth rate of 58.6%. The firm is expected to report its next earnings report on Monday, February 12th.
According to Zacks, analysts expect that Insperity will report full year earnings of $2.36 per share for the current financial year, with EPS estimates ranging from $2.35 to $2.37. For the next financial year, analysts anticipate that the company will report earnings of $2.65 per share, with EPS estimates ranging from $2.60 to $2.69. Zacks Investment Research’s earnings per share averages are an average based on a survey of research firms that cover Insperity.
Insperity (NYSE:NSP) last issued its quarterly earnings results on Wednesday, November 1st. The business services provider reported $0.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.49 by $0.08. Insperity had a net margin of 2.43% and a return on equity of 94.38%. The firm had revenue of $795.50 million for the quarter, compared to analyst estimates of $786.44 million. During the same period in the previous year, the business earned $0.39 EPS. The company’s revenue was up 13.2% compared to the same quarter last year.
In other news, EVP Arthur A. Arizpe sold 5,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 28th. The stock was sold at an average price of $117.01, for a total value of $585,050.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Dave Eto acquired 166,667 shares of the business’s stock in a transaction dated Friday, October 20th. The stock was acquired at an average price of $0.18 per share, with a total value of $30,000.06. Insiders sold 141,118 shares of company stock valued at $14,047,005 over the last three months. 13.92% of the stock is currently owned by corporate insiders.
Institutional investors have recently bought and sold shares of the company. Victory Capital Management Inc. increased its position in shares of Insperity by 17.7% in the second quarter. Victory Capital Management Inc. now owns 1,445 shares of the business services provider’s stock valued at $103,000 after buying an additional 217 shares in the last quarter. Ameritas Investment Partners Inc. increased its position in shares of Insperity by 18.6% in the second quarter. Ameritas Investment Partners Inc. now owns 1,608 shares of the business services provider’s stock valued at $114,000 after buying an additional 252 shares in the last quarter. DekaBank Deutsche Girozentrale increased its position in shares of Insperity by 78.2% in the third quarter. DekaBank Deutsche Girozentrale now owns 1,611 shares of the business services provider’s stock valued at $134,000 after buying an additional 707 shares in the last quarter. Profund Advisors LLC increased its position in shares of Insperity by 18.0% in the second quarter. Profund Advisors LLC now owns 3,045 shares of the business services provider’s stock valued at $216,000 after buying an additional 465 shares in the last quarter. Finally, Amalgamated Bank purchased a new stake in shares of Insperity in the third quarter valued at approximately $220,000. Institutional investors and hedge funds own 40.29% of the company’s stock.
Shares of Insperity (NSP) traded down $0.50 during mid-day trading on Monday, reaching $59.05. 128,966 shares of the company’s stock traded hands, compared to its average volume of 215,011. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 1.02. Insperity has a 12-month low of $34.60 and a 12-month high of $61.47. The firm has a market cap of $2,461.54, a price-to-earnings ratio of 31.83, a P/E/G ratio of 1.42 and a beta of 0.93.
Insperity declared that its Board of Directors has initiated a share buyback plan on Thursday, November 16th that authorizes the company to repurchase 500,000 shares. This repurchase authorization authorizes the business services provider to purchase shares of its stock through open market purchases. Shares repurchase plans are usually a sign that the company’s management believes its stock is undervalued.
The business also recently declared a dividend, which was paid on Monday, December 18th. Shareholders of record on Monday, December 4th were issued a $0.30 dividend. The ex-dividend date of this dividend was Friday, December 1st. Insperity’s payout ratio is presently 32.35%.
Insperity Company Profile
Insperity, Inc provides a range of human resources (HR) and business solutions. The Company’s HR services offerings are provided through its Workforce Optimization and Workforce Synchronization solutions (together, its professional employer organization (PEO) HR Outsourcing solutions), which encompass a range of human resources functions, including payroll and employment administration, employee benefits, workers’ compensation, performance management and training and development services, along with its cloud-based human capital management platform, the Employee Service Center (ESC).
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