Insperity (NYSE:NSP) Releases Q2 2024 Earnings Guidance

Insperity (NYSE:NSP) issued an update on its second quarter 2024 earnings guidance on Wednesday morning. The company provided EPS guidance of 0.610-0.830 for the period, compared to the consensus EPS estimate of 0.690. The company issued revenue guidance of -. Insperity also updated its FY 2024 guidance to 3.170-3.900 EPS.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on NSP shares. StockNews.com raised Insperity from a hold rating to a buy rating in a report on Wednesday. TheStreet downgraded shares of Insperity from a b rating to a c+ rating in a research note on Monday, February 12th.

Insperity Trading Down 0.3 %

Shares of NSP stock traded down $0.29 during trading hours on Friday, reaching $102.88. The company had a trading volume of 305,792 shares, compared to its average volume of 278,037. The firm has a market cap of $3.87 billion, a price-to-earnings ratio of 25.15, a P/E/G ratio of 2.95 and a beta of 1.16. Insperity has a 1-year low of $90.80 and a 1-year high of $128.91. The company has a 50 day moving average of $103.92 and a 200 day moving average of $108.01. The company has a debt-to-equity ratio of 2.64, a current ratio of 1.15 and a quick ratio of 1.11.

Insperity (NYSE:NSP) last announced its quarterly earnings data on Thursday, February 8th. The business services provider reported $0.46 earnings per share for the quarter, beating the consensus estimate of $0.38 by $0.08. The company had revenue of $1.58 billion during the quarter, compared to analysts’ expectations of $1.57 billion. Insperity had a return on equity of 137.14% and a net margin of 2.39%. On average, equities research analysts anticipate that Insperity will post 2.34 EPS for the current year.

Insperity Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 21st. Stockholders of record on Thursday, March 7th were paid a $0.57 dividend. The ex-dividend date was Wednesday, March 6th. This represents a $2.28 annualized dividend and a dividend yield of 2.22%. Insperity’s payout ratio is 55.75%.

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.