Insperity Inc (NSP) Expected to Post Quarterly Sales of $1.16 Billion

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Equities research analysts expect Insperity Inc (NYSE:NSP) to report $1.16 billion in sales for the current quarter, Zacks reports. Three analysts have provided estimates for Insperity’s earnings. The lowest sales estimate is $1.13 billion and the highest is $1.19 billion. Insperity posted sales of $1.01 billion during the same quarter last year, which suggests a positive year-over-year growth rate of 14.9%. The business is scheduled to issue its next earnings results on Monday, April 29th.

According to Zacks, analysts expect that Insperity will report full-year sales of $4.37 billion for the current financial year, with estimates ranging from $4.28 billion to $4.43 billion. For the next year, analysts expect that the company will report sales of $4.88 billion, with estimates ranging from $4.77 billion to $4.99 billion. Zacks Investment Research’s sales averages are an average based on a survey of sell-side research firms that follow Insperity.

Insperity (NYSE:NSP) last released its quarterly earnings data on Monday, February 11th. The business services provider reported $0.69 earnings per share for the quarter, topping the consensus estimate of $0.65 by $0.04. The business had revenue of $966.80 million during the quarter, compared to analyst estimates of $959.22 million. Insperity had a return on equity of 126.19% and a net margin of 3.52%. The company’s revenue was up 17.0% compared to the same quarter last year. During the same period last year, the company posted $0.55 EPS.

NSP has been the subject of several research reports. Zacks Investment Research raised Insperity from a “hold” rating to a “buy” rating and set a $106.00 price objective for the company in a research note on Tuesday, January 15th. SunTrust Banks raised their price objective on Insperity to $129.00 and gave the stock a “hold” rating in a research note on Tuesday, February 12th. Roth Capital raised their price objective on Insperity from $134.00 to $143.00 and gave the stock a “buy” rating in a research note on Tuesday, February 19th. Finally, ValuEngine raised Insperity from a “hold” rating to a “buy” rating in a research note on Thursday, January 24th. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. Insperity presently has a consensus rating of “Buy” and an average price target of $123.80.

In other news, SVP James D. Allison sold 2,000 shares of the firm’s stock in a transaction on Monday, February 11th. The stock was sold at an average price of $125.00, for a total value of $250,000.00. Following the completion of the sale, the senior vice president now owns 26,087 shares of the company’s stock, valued at $3,260,875. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Jay E. Mincks sold 7,998 shares of the firm’s stock in a transaction on Wednesday, February 13th. The stock was sold at an average price of $127.49, for a total value of $1,019,665.02. The disclosure for this sale can be found here. In the last ninety days, insiders sold 125,974 shares of company stock valued at $15,871,882. 9.58% of the stock is currently owned by insiders.

Several institutional investors have recently modified their holdings of NSP. Brasada Capital Management LP purchased a new stake in shares of Insperity during the fourth quarter worth $29,000. Ffcm LLC bought a new position in Insperity during the fourth quarter valued at about $34,000. Bremer Trust National Association bought a new position in Insperity during the fourth quarter valued at about $48,000. Quantamental Technologies LLC bought a new position in Insperity during the fourth quarter valued at about $65,000. Finally, Northern Oak Wealth Management Inc. bought a new position in Insperity during the third quarter valued at about $106,000. 81.24% of the stock is owned by institutional investors and hedge funds.

Shares of NSP traded down $1.44 during trading hours on Friday, hitting $123.12. 564,561 shares of the company were exchanged, compared to its average volume of 353,906. The firm has a market cap of $5.06 billion, a PE ratio of 36.53, a P/E/G ratio of 1.68 and a beta of 1.10. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 1.86. Insperity has a one year low of $67.00 and a one year high of $132.50.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 28th. Stockholders of record on Thursday, March 14th will be given a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 0.97%. The ex-dividend date is Wednesday, March 13th. This is a boost from Insperity’s previous quarterly dividend of $0.20. Insperity’s dividend payout ratio (DPR) is 35.61%.

About Insperity

Insperity, Inc provides human resources (HR) and business solutions to enhance business performance for small and medium-sized businesses in the United States. The company offers its HR services through its Workforce Optimization and Workforce Synchronization solutions, which encompasses a range of human resources functions comprising payroll and employment administration, employee benefits, workers' compensation, government compliance, performance management and training, and development services.

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