| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 3/6 |
| Past Performance | 2/6 |
| Financial Health | 4/6 |
| Dividends | 4/6 |
NSP Overview
Insperity, Inc. provides human resources (HR) and business solutions to improve business performance for small and medium-sized businesses.
Insperity Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$117.94 |
| 52 Week High | US$73.24 |
| 52 Week Low | US$122.01 |
| Beta | 1.49 |
| 1 Month Change | 10.93% |
| 3 Month Change | 27.09% |
| 1 Year Change | 60.11% |
| 3 Year Change | 9.61% |
| 5 Year Change | 222.68% |
| Change since IPO | 2,044.36% |
Recent News & Updates
Insperity's (NYSE:NSP) Returns On Capital Not Reflecting Well On The Business
Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Insperity, Inc. (NYSE:NSP) Shares Could Be 34% Below Their Intrinsic Value Estimate
Does the August share price for Insperity, Inc. ( NYSE:NSP ) reflect what it's really worth? Today, we will estimate...
Shareholder Returns
| NSP | US Professional Services | US Market | |
|---|---|---|---|
| 7D | -1.2% | 1.9% | 2.0% |
| 1Y | 60.1% | 27.4% | 27.6% |
Return vs Industry: NSP exceeded the US Professional Services industry which returned 27.4% over the past year.
Return vs Market: NSP exceeded the US Market which returned 27.6% over the past year.
Price Volatility
| NSP volatility | |
|---|---|
| NSP Beta | 1.49 |
| Industry Beta | 1.07 |
| Market Beta | 1 |
Stable Share Price: NSP is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: NSP's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1986 | 3,600 | Paul Sarvadi | https://www.insperity.com |
Insperity, Inc. provides human resources (HR) and business solutions to improve business performance for small and medium-sized businesses. The company offers its HR services through its Workforce Optimization and Workforce Synchronization solutions, which 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. It also provides Insperity Premier, a cloud-based human capital management platform that offers professional employer organization HR outsourcing solutions to its clients; various personnel management services; and employer liability management services, as well as solutions for middle market.
Insperity Fundamentals Summary
| NSP fundamental statistics | |
|---|---|
| Market Cap | US$4.55b |
| Earnings (TTM) | US$111.12m |
| Revenue (TTM) | US$4.54b |
41.0x
P/E Ratio1.0x
P/S RatioIs NSP overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NSP income statement (TTM) | |
|---|---|
| Revenue | US$4.54b |
| Cost of Revenue | US$3.73b |
| Gross Profit | US$803.58m |
| Expenses | US$692.46m |
| Earnings | US$111.12m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 2.88 |
| Gross Margin | 17.71% |
| Net Profit Margin | 2.45% |
| Debt/Equity Ratio | 423.3% |
How did NSP perform over the long term?
See historical performance and comparisonDividends
1.5%
Current Dividend Yield57%
Payout RatioValuation
Is Insperity undervalued compared to its fair value and its price relative to the market?
44.7%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: NSP ($117.94) is trading below our estimate of fair value ($213.28)
Significantly Below Fair Value: NSP is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: NSP is poor value based on its PE Ratio (41x) compared to the US Professional Services industry average (26.7x).
PE vs Market: NSP is poor value based on its PE Ratio (41x) compared to the US market (18.2x).
Price to Earnings Growth Ratio
PEG Ratio: NSP is poor value based on its PEG Ratio (2.1x)
Price to Book Ratio
PB vs Industry: NSP is overvalued based on its PB Ratio (52.2x) compared to the US Professional Services industry average (3x).
Future Growth
How is Insperity forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
19.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NSP's forecast earnings growth (19.8% per year) is above the savings rate (2%).
Earnings vs Market: NSP's earnings (19.8% per year) are forecast to grow faster than the US market (15.1% per year).
High Growth Earnings: NSP's earnings are forecast to grow, but not significantly.
Revenue vs Market: NSP's revenue (7.5% per year) is forecast to grow slower than the US market (9.9% per year).
High Growth Revenue: NSP's revenue (7.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: NSP's Return on Equity is forecast to be very high in 3 years time (76.8%).
Past Performance
How has Insperity performed over the past 5 years?
17.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NSP has high quality earnings.
Growing Profit Margin: NSP's current net profit margins (2.4%) are lower than last year (3.7%).
Past Earnings Growth Analysis
Earnings Trend: NSP's earnings have grown by 17.2% per year over the past 5 years.
Accelerating Growth: NSP's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: NSP had negative earnings growth (-30.1%) over the past year, making it difficult to compare to the Professional Services industry average (19.9%).
Return on Equity
High ROE: Whilst NSP's Return on Equity (127.63%) is outstanding, this metric is skewed due to their high level of debt.
Financial Health
How is Insperity's financial position?
Financial Position Analysis
Short Term Liabilities: NSP's short term assets ($1.2B) exceed its short term liabilities ($1.0B).
Long Term Liabilities: NSP's short term assets ($1.2B) exceed its long term liabilities ($638.1M).
Debt to Equity History and Analysis
Debt Level: NSP's debt to equity ratio (423.3%) is considered high.
Reducing Debt: NSP's debt to equity ratio has increased from 160.8% to 423.3% over the past 5 years.
Debt Coverage: NSP's debt is well covered by operating cash flow (64.6%).
Interest Coverage: NSP's interest payments on its debt are well covered by EBIT (33.2x coverage).
Balance Sheet
Dividend
What is Insperity current dividend yield, its reliability and sustainability?
1.53%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NSP's dividend (1.53%) is higher than the bottom 25% of dividend payers in the US market (1.29%).
High Dividend: NSP's dividend (1.53%) is low compared to the top 25% of dividend payers in the US market (3.49%).
Stability and Growth of Payments
Stable Dividend: NSP's dividends per share have been stable in the past 10 years.
Growing Dividend: NSP's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (57%), NSP's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.8yrs
Average management tenure
CEO
Paul Sarvadi (64 yo)
32.75yrs
Tenure
US$9,561,338
Compensation
Mr. Paul J. Sarvadi has been Chairman and Chief Executive Officer at Insperity Inc since 1989. Mr. Sarvadi, Co-Founded Insperity Inc. (formerly known as Administaff Inc.) in 1986. He served as the Presiden...
CEO Compensation Analysis
Compensation vs Market: Paul's total compensation ($USD9.56M) is above average for companies of similar size in the US market ($USD5.19M).
Compensation vs Earnings: Paul's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Leadership Team
Experienced Management: NSP's management team is seasoned and experienced (5.8 years average tenure).
Board Members
Experienced Board: NSP's board of directors are considered experienced (4 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: NSP insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Insperity, Inc.'s employee growth, exchange listings and data sources
Key Information
- Name: Insperity, Inc.
- Ticker: NSP
- Exchange: NYSE
- Founded: 1986
- Industry: Human Resource and Employment Services
- Sector: Commercial Services
- Market Cap: US$4.553b
- Shares outstanding: 38.60m
- Website: https://www.insperity.com
Number of Employees
Location
- Insperity, Inc.
- 19001 Crescent Springs Drive
- Kingwood
- Texas
- 77339
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/16 22:22 |
| End of Day Share Price | 2021/10/15 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.