Insperity (NYSE:NSP) Updates FY24 Earnings Guidance

Insperity (NYSE:NSP) issued an update on its FY24 earnings guidance on Wednesday morning. The company provided earnings per share guidance of $3.17-3.90 for the period, compared to the consensus earnings per share estimate of $3.52. Insperity also updated its Q2 guidance to $0.61-0.83 EPS.

Insperity Trading Down 1.2 %

NYSE:NSP opened at $103.02 on Wednesday. The business has a fifty day moving average of $103.55 and a 200-day moving average of $108.01. Insperity has a 1 year low of $90.80 and a 1 year high of $128.91. The stock has a market cap of $3.88 billion, a price-to-earnings ratio of 23.10, a PEG ratio of 2.98 and a beta of 1.14. The company has a debt-to-equity ratio of 3.95, a quick ratio of 1.11 and a current ratio of 1.11.

Insperity (NYSE:NSP) last announced its earnings results on Thursday, February 8th. The business services provider reported $0.46 EPS for the quarter, beating the consensus estimate of $0.38 by $0.08. Insperity had a return on equity of 153.34% and a net margin of 2.64%. The business had revenue of $1.58 billion during the quarter, compared to the consensus estimate of $1.57 billion. Equities analysts predict that Insperity will post 2.34 earnings per share for the current year.

Insperity Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 21st. Investors of record on Thursday, March 7th were paid a $0.57 dividend. This represents a $2.28 annualized dividend and a yield of 2.21%. The ex-dividend date of this dividend was Wednesday, March 6th. Insperity’s dividend payout ratio is currently 51.12%.

Analyst Ratings Changes

Several research analysts have weighed in on NSP shares. TheStreet lowered Insperity from a b rating to a c+ rating in a research report on Monday, February 12th. StockNews.com downgraded Insperity from a buy rating to a hold rating in a research report on Monday, April 1st.

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.