Insperity, Inc. (NYSE:NSP) Receives $95.67 Consensus Price Target from Analysts

Insperity, Inc. (NYSE:NSP) has been given a consensus rating of “Reduce” by the four brokerages that are currently covering the company, Marketbeat reports. One research analyst has rated the stock with a sell rating and three have assigned a hold rating to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $95.67.

Several brokerages recently commented on NSP. JPMorgan Chase & Co. began coverage on shares of Insperity in a report on Tuesday, October 22nd. They set an “underweight” rating and a $90.00 target price for the company. Truist Financial decreased their target price on Insperity from $95.00 to $88.00 and set a “hold” rating on the stock in a research report on Friday, November 1st. William Blair cut Insperity from an “outperform” rating to a “market perform” rating in a report on Tuesday, September 24th. Finally, StockNews.com downgraded Insperity from a “buy” rating to a “hold” rating in a research note on Monday, November 4th.

Institutional Trading of Insperity

Institutional investors have recently modified their holdings of the stock. Wilmington Savings Fund Society FSB bought a new stake in shares of Insperity during the 3rd quarter worth approximately $32,000. Millburn Ridgefield Corp bought a new stake in Insperity during the third quarter worth $53,000. nVerses Capital LLC acquired a new stake in shares of Insperity in the 2nd quarter valued at $64,000. KBC Group NV boosted its holdings in shares of Insperity by 26.4% in the 3rd quarter. KBC Group NV now owns 1,034 shares of the business services provider’s stock valued at $91,000 after purchasing an additional 216 shares in the last quarter. Finally, Quarry LP increased its stake in shares of Insperity by 205.6% in the 2nd quarter. Quarry LP now owns 1,088 shares of the business services provider’s stock valued at $99,000 after purchasing an additional 732 shares during the last quarter. 93.44% of the stock is currently owned by institutional investors.

Insperity Trading Down 0.1 %

NSP stock opened at $78.45 on Tuesday. The stock has a market cap of $2.93 billion, a price-to-earnings ratio of 24.90, a price-to-earnings-growth ratio of 2.24 and a beta of 1.12. The company has a fifty day moving average price of $82.40 and a two-hundred day moving average price of $90.35. Insperity has a one year low of $71.69 and a one year high of $119.40. The company has a debt-to-equity ratio of 2.95, a current ratio of 1.16 and a quick ratio of 1.16.

Insperity Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 24th. Stockholders of record on Tuesday, December 10th will be given a $0.60 dividend. The ex-dividend date is Tuesday, December 10th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 3.06%. Insperity’s payout ratio is 76.19%.

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.