Insperity (NSP) Issues FY19 Earnings Guidance

Insperity (NYSE:NSP) issued an update on its FY19 earnings guidance on Monday morning. The company provided EPS guidance of $4.55-4.80 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.59. Insperity also updated its FY 2019 guidance to $4.55-4.80 EPS.

NYSE NSP opened at $122.44 on Monday. Insperity has a 52-week low of $75.00 and a 52-week high of $132.50. The company has a debt-to-equity ratio of 1.86, a current ratio of 1.12 and a quick ratio of 1.12. The stock has a market cap of $5.05 billion, a P/E ratio of 36.33, a P/E/G ratio of 1.67 and a beta of 1.09.

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 3.52% and a return on equity of 126.19%. The business had revenue of $1.15 billion during the quarter, compared to the consensus estimate of $1.16 billion. During the same quarter last year, the company posted $1.41 earnings per share. The firm’s quarterly revenue was up 13.7% compared to the same quarter last year. On average, equities research analysts anticipate that Insperity will post 4.08 EPS for the current year.

NSP has been the subject of several recent research reports. Zacks Investment Research upgraded shares of Insperity from a hold rating to a buy rating and set a $106.00 target price for the company in a research note on Tuesday, January 15th. ValuEngine upgraded shares of Insperity from a hold rating to a buy rating in a research note on Thursday, January 24th. Roth Capital lifted their target price 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. Finally, SunTrust Banks lifted their target price on shares of Insperity to $129.00 and gave the stock a hold rating in a research note on Tuesday, February 12th. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of Buy and a consensus target price of $123.80.

In other news, CFO Douglas S. Sharp sold 2,546 shares of Insperity stock in a transaction dated Tuesday, February 12th. The shares were sold at an average price of $132.10, for a total value of $336,326.60. Following the completion of the transaction, the chief financial officer now owns 17,421 shares in the company, valued at $2,301,314.10. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director John M. Morphy sold 650 shares of Insperity stock in a transaction dated Wednesday, February 20th. The stock was sold at an average price of $127.30, for a total transaction of $82,745.00. Following the completion of the transaction, the director now owns 3,718 shares of the company’s stock, valued at approximately $473,301.40. The disclosure for this sale can be found here. Insiders sold 133,974 shares of company stock valued at $16,911,882 in the last quarter. Corporate insiders own 9.58% of the company’s stock.

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Insperity Company Profile

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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