Shares of Insperity Inc (NYSE:NSP) have been given a consensus rating of “Buy” by the six analysts that are presently covering the firm, MarketBeat.com reports. Two research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 1-year price objective among analysts that have covered the stock in the last year is $133.67.
Several research analysts have weighed in on NSP shares. Zacks Investment Research lowered shares of Hersha Hospitality Trust from a “buy” rating to a “hold” rating in a research report on Thursday, May 2nd. ValuEngine upgraded shares of Marriott Vacations Worldwide from a “sell” rating to a “hold” rating in a research report on Monday. Finally, SunTrust Banks increased their price target on shares of FTI Consulting to $88.00 and gave the company a “hold” rating in a research report on Tuesday, April 30th.
NSP traded down $5.74 on Thursday, hitting $103.15. 50,657 shares of the company were exchanged, compared to its average volume of 282,867. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 1.21. The business has a fifty day moving average price of $127.79. Insperity has a fifty-two week low of $86.63 and a fifty-two week high of $144.92. The firm has a market capitalization of $5.97 billion, a price-to-earnings ratio of 30.61, a P/E/G ratio of 1.92 and a beta of 1.04.
Insperity (NYSE:NSP) last issued its earnings results on Monday, July 29th. The business services provider reported $0.83 earnings per share for the quarter, topping the consensus estimate of $0.69 by $0.14. Insperity had a net margin of 4.06% and a return on equity of 138.18%. The company had revenue of $1.04 billion for the quarter, compared to analyst estimates of $1.04 billion. During the same period in the prior year, the business posted $0.68 earnings per share. The firm’s revenue for the quarter was up 13.1% compared to the same quarter last year. On average, sell-side analysts predict that Insperity will post 4.19 earnings per share for the current fiscal year.
In related news, insider Arthur A. Arizpe sold 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, July 23rd. The shares were sold at an average price of $138.00, for a total transaction of $690,000.00. Following the sale, the insider now owns 32,633 shares in the company, valued at $4,503,354. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Chairman Paul J. Sarvadi sold 40,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 1st. The stock was sold at an average price of $120.32, for a total transaction of $4,812,800.00. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 79,522 shares of company stock worth $9,704,069. 6.86% of the stock is owned by company insiders.
A number of hedge funds and other institutional investors have recently made changes to their positions in NSP. LPL Financial LLC boosted its position in Insperity by 20.6% during the fourth quarter. LPL Financial LLC now owns 3,691 shares of the business services provider’s stock worth $345,000 after acquiring an additional 631 shares during the last quarter. United Services Automobile Association raised its stake in Insperity by 10.4% during the fourth quarter. United Services Automobile Association now owns 8,621 shares of the business services provider’s stock worth $805,000 after purchasing an additional 815 shares during the period. Squarepoint Ops LLC raised its stake in Insperity by 469.2% during the fourth quarter. Squarepoint Ops LLC now owns 42,495 shares of the business services provider’s stock worth $3,967,000 after purchasing an additional 35,029 shares during the period. Gotham Asset Management LLC purchased a new position in Insperity during the fourth quarter worth approximately $261,000. Finally, Municipal Employees Retirement System of Michigan purchased a new position in Insperity during the fourth quarter worth approximately $856,000. Hedge funds and other institutional investors own 82.54% of the company’s stock.
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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