Insperity Inc (NYSE:NSP) Receives $68.75 Consensus PT from Analysts

Insperity Inc (NYSE:NSP) has been assigned an average rating of “Hold” from the seven ratings firms that are presently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and three have given a buy recommendation to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $68.75.

A number of equities research analysts recently issued reports on the stock. Roth Capital dropped their target price on shares of Insperity from $97.00 to $85.00 and set a “buy” rating for the company in a research report on Tuesday, May 5th. SunTrust Banks increased their target price on shares of Insperity from $56.00 to $64.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. ValuEngine upgraded shares of Insperity from a “sell” rating to a “hold” rating in a research report on Friday, May 1st. Piper Sandler assumed coverage on shares of Insperity in a research report on Thursday, April 9th. They set an “overweight” rating and a $74.00 target price for the company. Finally, Zacks Investment Research cut shares of Insperity from a “hold” rating to a “sell” rating and set a $52.00 target price for the company. in a research report on Friday, May 22nd.

In other news, Director John M. Morphy sold 1,300 shares of Insperity stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $53.06, for a total transaction of $68,978.00. Following the completion of the sale, the director now owns 6,940 shares in the company, valued at approximately $368,236.40. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Jay E. Mincks sold 2,500 shares of Insperity stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $52.70, for a total transaction of $131,750.00. The disclosure for this sale can be found here. Company insiders own 6.86% of the company’s stock.

Large investors have recently modified their holdings of the company. Skandinaviska Enskilda Banken AB publ acquired a new stake in shares of Insperity during the 1st quarter worth approximately $25,000. Quadrant Capital Group LLC bought a new position in Insperity during the 4th quarter worth approximately $66,000. Tower Research Capital LLC TRC boosted its stake in Insperity by 177.2% during the 4th quarter. Tower Research Capital LLC TRC now owns 840 shares of the business services provider’s stock worth $72,000 after acquiring an additional 537 shares during the last quarter. US Bancorp DE boosted its stake in Insperity by 788.6% during the 1st quarter. US Bancorp DE now owns 1,013 shares of the business services provider’s stock worth $38,000 after acquiring an additional 899 shares during the last quarter. Finally, Arden Trust Co bought a new position in Insperity during the 1st quarter worth approximately $45,000. Institutional investors own 86.87% of the company’s stock.

Shares of NYSE:NSP traded up $2.46 during midday trading on Tuesday, reaching $63.04. 434,600 shares of the company’s stock were exchanged, compared to its average volume of 624,238. The company’s 50 day simple moving average is $55.37 and its two-hundred day simple moving average is $63.46. The firm has a market capitalization of $2.44 billion, a PE ratio of 18.49, a price-to-earnings-growth ratio of 1.48 and a beta of 1.70. Insperity has a 12 month low of $22.59 and a 12 month high of $144.92. The company has a debt-to-equity ratio of 66.05, a quick ratio of 1.21 and a current ratio of 1.21.

Insperity (NYSE:NSP) last released its quarterly earnings data on Monday, May 4th. The business services provider reported $1.70 EPS for the quarter, topping analysts’ consensus estimates of $1.61 by $0.09. The company had revenue of $1.23 billion during the quarter, compared to the consensus estimate of $1.17 billion. Insperity had a net margin of 3.12% and a return on equity of 310.00%. The firm’s revenue for the quarter was up 6.6% compared to the same quarter last year. During the same period last year, the firm earned $1.98 EPS. On average, research analysts anticipate that Insperity will post 2.73 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 22nd. Shareholders of record on Monday, June 8th were given a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 2.54%. The ex-dividend date of this dividend was Friday, June 5th. Insperity’s payout ratio is presently 43.24%.

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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