Insperity (NYSE:NSP) Updates FY 2024 Earnings Guidance

Insperity (NYSE:NSP) issued an update on its FY 2024 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 3.170-3.900 for the period, compared to the consensus estimate of 3.520. The company issued revenue guidance of -. Insperity also updated its FY24 guidance to $3.17-3.90 EPS.

Insperity Price Performance

Shares of Insperity stock traded down $0.29 on Friday, hitting $102.88. The company’s stock had a trading volume of 305,792 shares, compared to its average volume of 278,037. The company has a market capitalization of $3.87 billion, a P/E ratio of 25.15, a price-to-earnings-growth ratio of 2.95 and a beta of 1.16. Insperity has a 52-week low of $90.80 and a 52-week high of $128.91. The firm has a fifty day moving average price of $103.92 and a 200-day moving average price of $108.01. The company has a quick ratio of 1.11, a current ratio of 1.15 and a debt-to-equity ratio of 2.64.

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

Insperity Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 21st. Stockholders of record on Thursday, March 7th were given 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 dividend payout ratio is currently 55.75%.

Analyst Upgrades and Downgrades

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

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.