Insperity (NSP) Earns Daily Coverage Optimism Rating of 0.17
Headlines about Insperity (NYSE:NSP) have trended somewhat positive on Thursday, according to Accern Sentiment. The research firm identifies positive and negative media coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Insperity earned a media sentiment score of 0.17 on Accern’s scale. Accern also assigned news headlines about the business services provider an impact score of 47.1892059261309 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
These are some of the news headlines that may have impacted Accern’s analysis:
- Insperity (NSP) Price Target Increased to $71.00 by Analysts at Roth Capital (americanbankingnews.com)
- Insperity (NSP) Q4 Earnings and Revenues Beat Estimates (zacks.com)
- PEO Insperity reports revenue up 13.4% in Q4 (www2.staffingindustry.com)
- Insperity Inc soars after beating Q4 expectations (investorsquawk.com)
- Insperity (NSP) Releases Quarterly Earnings Results, Misses Estimates By $0.37 EPS (americanbankingnews.com)
Shares of Insperity (NSP) opened at $64.15 on Thursday. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.16 and a quick ratio of 1.16. Insperity has a one year low of $34.88 and a one year high of $64.45. The firm has a market cap of $2,670.00, a PE ratio of 31.92, a P/E/G ratio of 1.47 and a beta of 0.94.
Insperity announced that its board has authorized a stock buyback plan on Thursday, November 16th that authorizes the company to repurchase 500,000 shares. This repurchase authorization authorizes the business services provider to reacquire shares of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s board believes its shares are undervalued.
Several research firms recently weighed in on NSP. Roth Capital increased their target price on shares of Insperity from $58.00 to $71.00 and gave the company a “buy” rating in a research note on Tuesday. Robert W. Baird reiterated a “buy” rating and issued a $56.00 target price on shares of Insperity in a research note on Friday, November 10th. Finally, SunTrust Banks reiterated a “hold” rating and issued a $55.00 target price on shares of Insperity in a research note on Friday, November 3rd. They noted that the move was a valuation call. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $57.25.
In other Insperity news, President Richard G. Rawson sold 900 shares of the firm’s stock in a transaction dated Monday, November 27th. The shares were sold at an average price of $114.76, for a total transaction of $103,284.00. Following the completion of the transaction, the president now owns 97,410 shares in the company, valued at $11,178,771.60. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Arthur A. Arizpe sold 5,000 shares of the firm’s stock in a transaction dated Tuesday, November 28th. The stock was sold at an average price of $117.01, for a total transaction of $585,050.00. The disclosure for this sale can be found here. In the last quarter, insiders sold 44,319 shares of company stock valued at $5,079,072. 13.92% of the stock is owned by corporate insiders.
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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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