Insperity Inc (NYSE:NSP) Expected to Post Quarterly Sales of $1.04 Billion

Equities analysts expect that Insperity Inc (NYSE:NSP) will post $1.04 billion in sales for the current fiscal quarter, Zacks reports. Three analysts have issued estimates for Insperity’s earnings, with estimates ranging from $1.02 billion to $1.05 billion. Insperity reported sales of $922.30 million in the same quarter last year, which indicates a positive year-over-year growth rate of 12.8%. The company is expected to issue its next earnings report on Wednesday, August 7th.

According to Zacks, analysts expect that Insperity will report full year sales of $4.34 billion for the current year, with estimates ranging from $4.29 billion to $4.39 billion. For the next year, analysts forecast that the firm will report sales of $4.83 billion, with estimates ranging from $4.76 billion to $4.95 billion. Zacks’ sales averages are a mean average based on a survey of sell-side analysts that follow Insperity.

Insperity (NYSE:NSP) last posted its quarterly earnings data on Monday, April 29th. The business services provider reported $1.98 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.88 by $0.10. Insperity had a net margin of 4.06% and a return on equity of 138.18%. The company had revenue of $1.15 billion during the quarter, compared to the consensus estimate of $1.16 billion. During the same period in the previous year, the firm posted $1.41 EPS. The firm’s revenue was up 13.7% compared to the same quarter last year.



NSP has been the subject of several recent research reports. SunTrust Banks boosted their price target on shares of Insperity to $129.00 and gave the stock a “hold” rating in a research note on Tuesday, February 12th. Zacks Investment Research downgraded shares of Insperity from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 15th. Finally, Roth Capital boosted their price target on shares of Insperity from $134.00 to $143.00 and gave the stock a “buy” rating in a research note on Tuesday, February 19th. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of $126.40.

In other Insperity news, Chairman Paul J. Sarvadi sold 40,000 shares of the business’s stock in a transaction on Wednesday, May 1st. The shares were sold at an average price of $120.32, for a total value of $4,812,800.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Paul J. Sarvadi sold 10,000 shares of the business’s stock in a transaction on Friday, May 24th. The stock was sold at an average price of $114.03, for a total transaction of $1,140,300.00. Following the completion of the sale, the chief executive officer now directly owns 679,650 shares of the company’s stock, valued at $77,500,489.50. The disclosure for this sale can be found here. Insiders sold 72,522 shares of company stock valued at $8,734,069 over the last three months. 6.86% of the stock is currently owned by insiders.

A number of institutional investors have recently bought and sold shares of the business. Advisors Preferred LLC purchased a new position in shares of Insperity in the first quarter valued at about $26,000. Rockefeller Capital Management L.P. purchased a new position in shares of Insperity in the first quarter valued at about $27,000. Brasada Capital Management LP purchased a new position in shares of Insperity in the fourth quarter valued at about $29,000. Ffcm LLC purchased a new position in shares of Insperity in the fourth quarter valued at about $34,000. Finally, Bremer Trust National Association purchased a new position in shares of Insperity in the fourth quarter valued at about $48,000. 83.26% of the stock is owned by institutional investors and hedge funds.

Shares of NYSE NSP traded up $0.05 during mid-day trading on Friday, reaching $119.79. 221,000 shares of the company were exchanged, compared to its average volume of 340,649. The company has a debt-to-equity ratio of 1.21, a quick ratio of 1.15 and a current ratio of 1.15. The company has a market capitalization of $4.89 billion, a P/E ratio of 35.55, a P/E/G ratio of 1.58 and a beta of 1.06. Insperity has a 52 week low of $86.63 and a 52 week high of $132.50.

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 24th. Shareholders of record on Monday, June 10th will be paid a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 1.00%. The ex-dividend date is Friday, June 7th. Insperity’s dividend payout ratio is presently 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 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.

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