Insperity (NYSE:NSP) Releases Q4 2024 Earnings Guidance

Insperity (NYSE:NSPGet Free Report) issued an update on its fourth quarter 2024 earnings guidance on Thursday morning. The company provided EPS guidance of -0.100-0.120 for the period, compared to the consensus EPS estimate of 0.110. The company issued revenue guidance of -. Insperity also updated its FY 2024 guidance to 3.420-3.660 EPS.

Insperity Trading Down 1.5 %

NYSE:NSP traded down $1.23 during trading hours on Thursday, hitting $79.88. The stock had a trading volume of 119,043 shares, compared to its average volume of 271,409. Insperity has a one year low of $77.50 and a one year high of $119.40. The company has a market cap of $3.01 billion, a price-to-earnings ratio of 19.83, a P/E/G ratio of 2.39 and a beta of 1.11. The company has a debt-to-equity ratio of 2.60, a quick ratio of 1.17 and a current ratio of 1.17. The business’s 50 day moving average is $88.04 and its 200-day moving average is $94.44.

Insperity (NYSE:NSPGet Free Report) last announced its quarterly earnings data on Thursday, August 1st. The business services provider reported $0.86 EPS for the quarter, topping analysts’ consensus estimates of $0.72 by $0.14. The business had revenue of $1.61 billion for the quarter, compared to analyst estimates of $1.62 billion. Insperity had a net margin of 2.46% and a return on equity of 138.16%. The firm’s revenue for the quarter was up 1.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.33 earnings per share. Sell-side analysts anticipate that Insperity will post 2.43 EPS for the current fiscal year.

Insperity Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, September 19th. Investors of record on Thursday, September 5th were issued a dividend of $0.60 per share. The ex-dividend date was Thursday, September 5th. This represents a $2.40 annualized dividend and a yield of 3.00%. Insperity’s payout ratio is currently 58.68%.

Analysts Set New Price Targets

A number of analysts have weighed in on NSP shares. William Blair lowered shares of Insperity from an “outperform” rating to a “market perform” rating in a research report on Tuesday, September 24th. JPMorgan Chase & Co. assumed coverage on shares of Insperity in a research report on Tuesday, October 22nd. They set an “underweight” rating and a $90.00 price target on the stock. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $99.50.

Check Out Our Latest Analysis on NSP

Insider Buying and Selling

In related news, CEO Paul J. Sarvadi sold 16,123 shares of the stock in a transaction dated Thursday, August 8th. The shares were sold at an average price of $92.23, for a total transaction of $1,487,024.29. Following the completion of the transaction, the chief executive officer now owns 509,129 shares in the company, valued at approximately $46,956,967.67. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 5.50% of the stock is owned by company insiders.

Insperity Company Profile

(Get Free Report)

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.

Recommended Stories

Earnings History and Estimates for Insperity (NYSE:NSP)

Receive News & Ratings for Insperity Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Insperity and related companies with MarketBeat.com's FREE daily email newsletter.