Insperity (NYSE:NSP) Releases Q2 Earnings Guidance

Insperity (NYSE:NSP) issued an update on its second quarter earnings guidance on Wednesday morning. The company provided earnings per share guidance of $0.61-0.83 for the period, compared to the consensus earnings per share estimate of $0.69. Insperity also updated its FY 2024 guidance to 3.170-3.900 EPS.

Insperity Trading Down 0.3 %

Shares of NSP opened at $102.88 on Friday. The company has a current ratio of 1.15, a quick ratio of 1.11 and a debt-to-equity ratio of 2.64. The stock has a market cap of $3.87 billion, a PE ratio of 25.15, a PEG ratio of 2.95 and a beta of 1.16. Insperity has a 1 year low of $90.80 and a 1 year high of $128.91. The stock has a 50 day simple moving average of $103.92 and a 200-day simple moving average of $107.96.

Insperity (NYSE:NSP) last announced its quarterly earnings results on Thursday, February 8th. The business services provider reported $0.46 earnings per share 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 return on equity of 137.14% and a net margin of 2.39%. On average, sell-side analysts predict that Insperity will post 2.34 EPS for the current fiscal year.

Insperity Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 21st. Investors of record on Thursday, March 7th were issued a dividend of $0.57 per share. This represents a $2.28 annualized dividend and a yield of 2.22%. The ex-dividend date of this dividend was Wednesday, March 6th. Insperity’s dividend payout ratio is currently 55.75%.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the stock. StockNews.com raised shares of Insperity from a hold rating to a buy rating in a report on Wednesday. TheStreet cut Insperity from a b rating to a c+ rating in a report on Monday, February 12th.

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.