Wall Street Zen Downgrades Insperity (NYSE:NSP) to Sell

Insperity (NYSE:NSP) was downgraded by research analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research note issued to investors on Saturday.

Several other equities research analysts have also recently weighed in on NSP. Roth Capital reaffirmed a “buy” rating and issued a $71.00 price target on shares of Insperity in a research note on Tuesday, November 4th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Insperity in a research report on Wednesday, October 8th. Truist Financial decreased their price target on shares of Insperity from $50.00 to $35.00 and set a “hold” rating for the company in a research note on Tuesday, November 4th. Zacks Research raised shares of Insperity from a “strong sell” rating to a “hold” rating in a research report on Friday, October 3rd. Finally, JPMorgan Chase & Co. dropped their price objective on shares of Insperity from $51.00 to $34.00 and set an “underweight” rating on the stock in a research note on Tuesday, November 4th. One analyst has rated the stock with a Buy rating, one has issued a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Reduce” and a consensus target price of $46.67.

Insperity Stock Performance

Shares of NSP opened at $33.89 on Friday. The company has a 50-day simple moving average of $48.16 and a two-hundred day simple moving average of $56.42. The company has a debt-to-equity ratio of 3.29, a current ratio of 1.12 and a quick ratio of 1.12. The firm has a market capitalization of $1.28 billion, a PE ratio of 31.97 and a beta of 0.52. Insperity has a one year low of $33.00 and a one year high of $95.98.

Insperity (NYSE:NSP) last posted its earnings results on Monday, November 3rd. The business services provider reported ($0.20) earnings per share for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.42). Insperity had a return on equity of 35.32% and a net margin of 0.60%.The firm had revenue of $1.62 billion for the quarter, compared to analysts’ expectations of $1.63 billion. During the same quarter last year, the company posted $0.39 EPS. The firm’s revenue was up 4.0% on a year-over-year basis. Insperity has set its FY 2025 guidance at 0.840-1.470 EPS. Q4 2025 guidance at -0.790–0.160 EPS. On average, analysts anticipate that Insperity will post 2.33 EPS for the current fiscal year.

Insiders Place Their Bets

In other Insperity news, CEO Paul J. Sarvadi sold 10,850 shares of Insperity stock in a transaction dated Wednesday, September 17th. The shares were sold at an average price of $51.98, for a total value of $563,983.00. Following the completion of the transaction, the chief executive officer directly owned 428,001 shares of the company’s stock, valued at approximately $22,247,491.98. The trade was a 2.47% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 5.29% of the company’s stock.

Institutional Investors Weigh In On Insperity

Institutional investors and hedge funds have recently made changes to their positions in the company. Caitong International Asset Management Co. Ltd bought a new position in Insperity in the 1st quarter valued at approximately $33,000. DekaBank Deutsche Girozentrale bought a new position in shares of Insperity during the first quarter valued at $42,000. LRI Investments LLC lifted its holdings in shares of Insperity by 134.0% during the third quarter. LRI Investments LLC now owns 606 shares of the business services provider’s stock valued at $30,000 after purchasing an additional 347 shares in the last quarter. Geneos Wealth Management Inc. boosted its position in shares of Insperity by 32.2% during the first quarter. Geneos Wealth Management Inc. now owns 747 shares of the business services provider’s stock valued at $67,000 after buying an additional 182 shares during the last quarter. Finally, Bayforest Capital Ltd bought a new stake in Insperity in the 3rd quarter worth about $58,000. Institutional investors own 93.44% of the company’s stock.

Insperity Company Profile

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.