Insperity, Inc. (NYSE:NSP – Get Free Report)’s share price passed above its 50-day moving average during trading on Tuesday. The stock has a 50-day moving average of $49.89 and traded as high as $50.96. Insperity shares last traded at $50.8230, with a volume of 362,012 shares.
Analyst Upgrades and Downgrades
Several equities analysts have recently weighed in on NSP shares. Truist Financial set a $52.00 target price on Insperity and gave the company a “hold” rating in a research report on Wednesday, July 22nd. Weiss Ratings restated a “sell (d+)” rating on shares of Insperity in a research report on Tuesday, October 13th. Zacks Research upgraded Insperity from a “strong sell” rating to a “hold” rating in a research report on Wednesday, July 29th. Roth Capital set a $61.00 price objective on shares of Insperity in a research note on Friday, July 31st. Finally, Robert W. Baird set a $56.00 price objective on shares of Insperity in a research report on Friday, July 31st. One equities research analyst has rated the stock with a Buy rating, two have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Reduce” and an average price target of $53.33.
Read Our Latest Research Report on Insperity
Insperity Price Performance
The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 9.52. The company has a market capitalization of $1.94 billion, a PE ratio of 635.37 and a beta of 0.48. The stock’s 50-day moving average is $49.89 and its two-hundred day moving average is $39.82.
Insperity (NYSE:NSP – Get Free Report) last announced its earnings results on Thursday, October 29th. The business services provider reported $0.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.21 by $0.01. Insperity had a return on equity of 18.27% and a net margin of 0.04%. The business had revenue of $1.65 billion during the quarter, compared to analyst estimates of $1.64 billion. During the same quarter in the previous year, the business earned ($0.20) earnings per share. The company’s revenue for the quarter was up 1.7% compared to the same quarter last year. On average, equities analysts predict that Insperity, Inc. will post 1.28 EPS for the current year.
Insperity Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Thursday, September 17th. Investors of record on Wednesday, September 2nd were paid a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date of this dividend was Wednesday, September 2nd. Insperity’s dividend payout ratio (DPR) is currently 3,000.00%.
Hedge Funds Weigh In On Insperity
A number of large investors have recently bought and sold shares of NSP. Ieq Capital LLC increased its stake in Insperity by 6.6% in the third quarter. Ieq Capital LLC now owns 68,483 shares of the business services provider’s stock worth $3,191,000 after purchasing an additional 4,245 shares during the period. Focus Advisor Solutions LLC purchased a new stake in shares of Insperity during the third quarter valued at $305,000. Global Retirement Partners LLC boosted its stake in shares of Insperity by 1,730.6% during the third quarter. Global Retirement Partners LLC now owns 5,675 shares of the business services provider’s stock valued at $264,000 after purchasing an additional 5,365 shares during the period. HighTower Advisors LLC grew its holdings in shares of Insperity by 7.9% in the third quarter. HighTower Advisors LLC now owns 9,835 shares of the business services provider’s stock worth $458,000 after purchasing an additional 723 shares during the last quarter. Finally, Paralel Advisors LLC grew its holdings in shares of Insperity by 1.1% in the third quarter. Paralel Advisors LLC now owns 86,394 shares of the business services provider’s stock worth $4,025,000 after purchasing an additional 970 shares during the last quarter. Hedge funds and other institutional investors own 93.44% of the company’s stock.
About Insperity
Insperity, Inc. provides human resources and business solutions to small and midsize businesses in the United States. Its services are designed to help clients manage workforce-related responsibilities and support their employees. The company’s offerings include payroll and employment administration, employee benefits, workers’ compensation, human resources guidance, and assistance with employment-related compliance. It also provides services such as recruiting, training, and performance management.
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