Insperity
Market Cap
US$4.2b
Last Updated
2019/10/20 23:31 UTC
Data Sources
Company Financials +
Executive Summary
Insperity, Inc. provides human resources (HR) and business solutions to enhance business performance for small and medium-sized businesses.
Snowflake
Fundamentals
Solid track record with reasonable growth potential.
Similar Companies
Share Price & News
How has Insperity's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
2.2%
NSP
0.04%
US Professional Services
0.5%
US Market
1 Year Return
-4.2%
NSP
14.2%
US Professional Services
6.8%
US Market
Return vs Industry: NSP underperformed the US Professional Services industry which returned 14.2% over the past year.
Return vs Market: NSP underperformed the US Market which returned 6.8% over the past year.
Shareholder returns
| NSP | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.2% | 0.04% | 0.5% |
| 30 Day | 3.7% | -2.6% | -0.8% |
| 90 Day | -25.2% | -2.2% | -0.9% |
| 1 Year | -3.2%-4.2% | 15.3%14.2% | 9.2%6.8% |
| 3 Year | 196.6%182.1% | 39.7%35.1% | 45.6%36.2% |
| 5 Year | 710.9%600.0% | 85.6%75.7% | 63.2%45.4% |
Price Volatility Vs. Market
How volatile is Insperity's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 days ago | Simply Wall St
Is Insperity, Inc. (NYSE:NSP) Excessively Paying Its CEO?1 week ago | Simply Wall St
Does Insperity (NYSE:NSP) Have A Healthy Balance Sheet?3 weeks ago | Simply Wall St
Why Insperity, Inc. (NYSE:NSP) Is A Top Dividend StockValuation
Is Insperity undervalued compared to its fair value and its price relative to the market?
27.3%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: NSP ($103.11) is trading below our estimate of fair value ($141.92)
Significantly Below Fair Value: NSP is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: NSP is poor value based on its PE Ratio (25.8x) compared to the Professional Services industry average (19.5x).
PE vs Market: NSP is poor value based on its PE Ratio (25.8x) compared to the US market (17.7x).
Price to Earnings Growth Ratio
PEG Ratio: NSP is poor value based on its PEG Ratio (1.3x)
Price to Book Ratio
PB vs Industry: NSP is overvalued based on its PB Ratio (31.5x) compared to the US Professional Services industry average (2.4x).
Next Steps
Future Growth
How is Insperity forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
19.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NSP's forecast earnings growth (19.3% per year) is above the savings rate (2.7%).
Earnings vs Market: NSP's earnings (19.3% per year) are forecast to grow faster than the US market (14.6% per year).
High Growth Earnings: NSP's earnings are forecast to grow, but not significantly.
Revenue vs Market: NSP's revenue (11.2% per year) is forecast to grow faster than the US market (7.2% per year).
High Growth Revenue: NSP's revenue (11.2% 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 (54.8%).
Next Steps
Past Performance
How has Insperity performed over the past 5 years?
36.0%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: NSP's earnings have grown significantly by 36% per year over the past 5 years.
Accelerating Growth: NSP's earnings growth over the past year (52.1%) exceeds its 5-year average (36% per year).
Earnings vs Industry: NSP earnings growth over the past year (52.1%) exceeded the Professional Services industry 36.8%.
Return on Equity
High ROE: Whilst NSP's Return on Equity (122.85%) is outstanding, this metric is skewed due to their high level of debt.
Return on Assets
ROA vs Industry: NSP has a higher Return on Assets than the Professional Services industry average last year.
Return on Capital Employed
ROCE Improving: NSP has improved its Return on Capital Employed over the past 3 years.
Next Steps
Financial Health
How is Insperity's financial position?
Financial Position Analysis
Short Term Liabilities: NSP's short term assets ($919.2M) exceeds its short term liabilities ($769.8M)
Long Term Liabilities: NSP's short term assets (919.2M) exceeds its long term liabilities (412.3M)
Debt to Equity History and Analysis
Debt Level: NSP's debt to equity ratio (125.6%) is considered high
Reducing Debt: Insufficient data to determine if NSP's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: NSP's debt is well covered by operating cash flow (141.5%).
Interest Coverage: NSP earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Inventory Level: NSP has a low level of unsold assets or inventory.
Debt Coverage by Assets: NSP's debt is covered by short term assets (assets are 5.426070x debt).
Next Steps
Dividend
What is Insperity's current dividend yield, its reliability and sustainability?
1.16%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: NSP's dividend (1.16%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: NSP's dividend (1.16%) is low compared to the top 25% of dividend payers in the US market (3.73%).
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 low payout ratio (25%), NSP's dividend payments are well 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
What is the CEO of Insperity's salary, the management and board of directors tenure and is there insider trading?
13.8yrs
Average management tenure
CEO
Paul Sarvadi (62yo)
30.8yrs
Tenure
US$7,183,924
Compensation
Mr. Paul J. Sarvadi has been Chairman and Chief Executive Officer at Insperity Inc since 1989. Mr. Sarvadi, Co-Founded Insperity, Inc. (also known as Administaff Inc.) in 1986 and has been its Executive Ch ...
CEO Compensation Analysis
Compensation vs. Market: Paul's total compensation ($USD7.18M) is about average for companies of similar size in the US market ($USD5.11M).
Compensation vs Earnings: Paul's compensation has increased by more than 20% in the past year.
Management Age and Tenure
13.8yrs
Average Tenure
59yo
Average Age
Experienced Management: NSP's management team is seasoned and experienced (13.8 years average tenure).
Board Age and Tenure
4.1yrs
Average Tenure
69yo
Average Age
Experienced Board: NSP's board of directors are considered experienced (4.1 years average tenure).
Insider Trading
Insider Buying: NSP insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 2,500 |
| Max Price | US$97.35 |
| Entity | Individual |
| Role | Head of Sales Executive Vice President of Sales & Marketing |
| Shares | 2,618 |
| Max Price | US$95.00 |
| Entity | Individual |
| Role | Chief Financial Officer Senior VP of Finance |
| Shares | 5,000 |
| Max Price | US$130.00 |
| Entity | Individual |
| Role | Lead Director Lead Independent Director |
| Shares | 3,000 |
| Max Price | US$120.97 |
| Entity | Individual |
| Role | Chief Executive Officer Co-Founder |
| Shares | 10,000 |
| Max Price | US$114.03 |
| Entity | Individual |
| Role | Chief Financial Officer Senior VP of Finance |
| Shares | 6,522 |
| Max Price | US$119.29 |
| Entity | Individual |
| Role | Chief Legal Officer Senior VP of Legal |
| Shares | 5,000 |
| Max Price | US$120.01 |
| Entity | Individual |
| Role | Chief Executive Officer Co-Founder |
| Shares | 40,000 |
| Max Price | US$120.92 |
| Entity | Individual |
| Role | Head of Sales Executive Vice President of Sales & Marketing |
| Shares | 8,000 |
| Max Price | US$124.90 |
| Entity | Individual |
| Role | Chief Legal Officer Senior VP of Legal |
| Shares | 5,000 |
| Max Price | US$129.34 |
| Entity | Individual |
| Role | Member of the Board of Directors Director |
| Shares | 5,067 |
| Max Price | US$129.45 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 650 |
| Max Price | US$127.30 |
| Entity | Individual |
| Role | Chief Legal Officer Senior VP of Legal |
| Shares | 2,354 |
| Max Price | US$130.13 |
| Entity | Individual |
| Role | Chief Financial Officer Senior VP of Finance |
| Shares | 2,359 |
| Max Price | US$130.04 |
| Entity | Individual |
| Role | Member of the Board of Directors Director |
| Shares | 55,834 |
| Max Price | US$125.09 |
| Entity | Individual |
| Role | Chief Executive Officer Co-Founder |
| Shares | 30,000 |
| Max Price | US$125.19 |
| Entity | Individual |
| Role | Head of Sales Executive Vice President of Sales & Marketing |
| Shares | 7,998 |
| Max Price | US$127.87 |
| Entity | Individual |
| Role | Chief Financial Officer Senior VP of Finance |
| Shares | 2,546 |
| Max Price | US$132.10 |
| Entity | Individual |
| Role | Member of the Board of Directors Director |
| Shares | 4,166 |
| Max Price | US$127.09 |
| Entity | Individual |
| Shares | 2,000 |
| Max Price | US$125.00 |
| Entity | Individual |
| Shares | 2,000 |
| Max Price | US$115.90 |
| Entity | Individual |
| Role | Head of Sales Executive Vice President of Sales & Marketing |
| Shares | 2,700 |
| Max Price | US$116.01 |
| Entity | Individual |
| Role | Chief Executive Officer Co-Founder |
| Shares | 30,000 |
| Max Price | US$116.61 |
| Entity | Individual |
| Role | Head of Sales Executive Vice President of Sales & Marketing |
| Shares | 1,042 |
| Max Price | US$108.62 |
Ownership Breakdown
Management Team
Paul Sarvadi (62yo)
Co-Founder
- Tenure: 30.8yrs
- Compensation: US$7.18m
A. Arizpe (61yo)
President & COO
- Tenure: 0.4yrs
- Compensation: US$2.90m
Jay Mincks (65yo)
Executive Vice President of Sales & Marketing
- Tenure: 20.8yrs
- Compensation: US$2.79m
Doug Sharp (57yo)
Senior VP of Finance
- Tenure: 16.2yrs
- Compensation: US$1.99m
Samuel Larson (57yo)
Senior Vice President of Enterprise & Technology Solutions
- Tenure: 0yrs
Gregory Clouse
Senior Vice President of Service Operations
- Tenure: 0yrs
Dan Herink (52yo)
Senior VP of Legal
- Tenure: 11.4yrs
- Compensation: US$1.86m
Larry Shaffer
Senior Vice President of Marketing & Business Development
- Tenure: 3.8yrs
Suzanne Haugen
Public Relations Manager
- Tenure: 19.2yrs
JaNette Connell
Senior Vice President of Corporate Human Resources
- Tenure: 0.8yrs
Board Members
Paul Sarvadi (62yo)
Co-Founder
- Tenure: 30.8yrs
- Compensation: US$7.18m
Richard Rawson (70yo)
Director
- Tenure: 30.8yrs
- Compensation: US$764.85k
Carol Kaufman (70yo)
Independent Director
- Tenure: 5.9yrs
- Compensation: US$186.26k
John Morphy (71yo)
Independent Director
- Tenure: 3.4yrs
- Compensation: US$182.92k
Austin Young (79yo)
Lead Independent Director
- Tenure: 4.8yrs
- Compensation: US$239.59k
Tim Clifford (63yo)
Independent Director
- Tenure: 3yrs
- Compensation: US$197.92k
Randy Mehl (51yo)
Independent Director
- Tenure: 1.8yrs
- Compensation: US$168.59k
Ellen Masterson (68yo)
Independent Director
- Tenure: 2.1yrs
- Compensation: US$182.92k
Company Information
Insperity, Inc.'s company bio, 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$4.247b
- Shares outstanding: 41.19m
- Website: https://www.insperity.com
Number of Employees
Location
- Insperity, Inc.
- 19001 Crescent Springs Drive
- Kingwood
- Texas
- 77339
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| NSP | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Jan 1997 |
| ASF | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Jan 1997 |
Biography
Insperity, Inc. provides human resources (HR) and business solutions to enhance business performance for small and medium-sized businesses. The company offers its HR services through its Workforce Optimiza ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/20 23:31 |
| End of Day Share Price | 2019/10/18 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.