Stock Analysis Report

Executive Summary

Insperity, Inc. provides human resources (HR) and business solutions to improve business performance for small and medium-sized businesses.

Snowflake Analysis

Good value with adequate balance sheet and pays a dividend.

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Share Price & News

How has Insperity's share price performed over time and what events caused price changes?

Latest Share Price and Events

Stable Share Price: NSP's share price has been volatile over the past 3 months.

Market Performance

7 Day Return




US Professional Services


US Market

1 Year Return




US Professional Services


US Market

Return vs Industry: NSP underperformed the US Professional Services industry which returned -6.4% over the past year.

Return vs Market: NSP underperformed the US Market which returned -11.5% over the past year.

Shareholder returns

7 Day25.3%12.4%10.5%
30 Day-41.9%-18.6%-15.4%
90 Day-55.1%-18.2%-21.4%
1 Year-68.2%-68.6%-5.6%-6.4%-9.6%-11.5%
3 Year-7.7%-12.5%19.4%15.7%12.6%5.4%
5 Year61.7%48.4%36.1%28.7%32.8%18.1%

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


Is Insperity undervalued compared to its fair value and its price relative to the market?


Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: NSP ($38.78) is trading below our estimate of fair value ($114.7)

Significantly Below Fair Value: NSP is trading below fair value by more than 20%.

Price To Earnings Ratio

PE vs Industry: NSP is good value based on its PE Ratio (10.4x) compared to the Professional Services industry average (12.3x).

PE vs Market: NSP is good value based on its PE Ratio (10.4x) compared to the US market (13x).

Price to Earnings Growth Ratio

PEG Ratio: NSP is poor value based on its PEG Ratio (4.4x)

Price to Book Ratio

PB vs Industry: NSP is overvalued based on its PB Ratio (374.3x) compared to the US Professional Services industry average (1.7x).

Next Steps

Future Growth

How is Insperity forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?


Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: NSP's forecast earnings growth (2.4% per year) is above the savings rate (1.7%).

Earnings vs Market: NSP's earnings (2.4% per year) are forecast to grow slower than the US market (12.3% per year).

High Growth Earnings: NSP's earnings are forecast to grow, but not significantly.

Revenue vs Market: NSP's revenue (7.2% per year) is forecast to grow slower than the US market (7.3% per year).

High Growth Revenue: NSP's revenue (7.2% 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 (67.5%).

Next Steps

Past Performance

How has Insperity performed over the past 5 years?


Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: NSP has high quality earnings.

Growing Profit Margin: NSP's current net profit margins (3.5%) are lower than last year (3.5%).

Past Earnings Growth Analysis

Earnings Trend: NSP's earnings have grown significantly by 33.2% per year over the past 5 years.

Accelerating Growth: NSP's earnings growth over the past year (11.8%) is below its 5-year average (33.2% per year).

Earnings vs Industry: NSP earnings growth over the past year (11.8%) underperformed the Professional Services industry 13.9%.

Return on Equity

High ROE: Whilst NSP's Return on Equity (3704.31%) is outstanding, this metric is skewed due to their high level of debt.

Next Steps

Financial Health

How is Insperity's financial position?

Financial Position Analysis

Short Term Liabilities: NSP's short term assets ($974.7M) exceed its short term liabilities ($869.0M).

Long Term Liabilities: NSP's short term assets ($974.7M) exceed its long term liabilities ($521.9M).

Debt to Equity History and Analysis

Debt Level: NSP's debt to equity ratio (6604.6%) 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 (76.2%).

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 3.6x debt).

Next Steps


What is Insperity's current dividend yield, its reliability and sustainability?


Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: NSP's dividend (4.13%) is higher than the bottom 25% of dividend payers in the US market (1.98%).

High Dividend: NSP's dividend (4.13%) is low compared to the top 25% of dividend payers in the US market (5.45%).

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 reasonably low payout ratio (32.3%), 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


How experienced are the management team and are they aligned to shareholders interests?


Average management tenure


Paul Sarvadi (62yo)





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 ($USD7.18M) is above average for companies of similar size in the US market ($USD4.54M).

Compensation vs Earnings: Paul's compensation has increased by more than 20% in the past year.

Leadership Team

Paul Sarvadi
Co-Founder31.17yrsUS$7.18m4.57% $69.9m
Arthur A. Arizpe
President & COO0.83yrUS$2.90m0.43% $6.6m
Douglas Sharp
Senior VP of Finance16.58yrsUS$1.99m0.072% $1.1m
Daniel Herink
Senior VP of Legal11.83yrsUS$1.86m0.089% $1.4m
Jay Mincks
Executive Vice President of Sales & Marketing21.17yrsUS$2.79m0.19% $2.9m
Samuel Larson
Senior Vice President of Enterprise & Technology Solutionsno datano datano data
Suzanne Haugen
Public Relations Manager19.58yrsno datano data
Larry Shaffer
Senior Vice President of Marketing & Business Development4.25yrsno datano data
JaNette Connell
Senior Vice President of Corporate Human Resources1.17yrsno datano data
Gregory Clouse
Senior Vice President of Service Operationsno datano datano data


Average Tenure


Average Age

Experienced Management: NSP's management team is seasoned and experienced (14.2 years average tenure).

Board Members

Paul Sarvadi
Co-Founder31.17yrsUS$7.18m4.57% $69.9m
Richard Rawson
Director31.17yrsUS$764.85k1.31% $20.0m
Carol Kaufman
Independent Director6.33yrsUS$186.26k0.073% $1.1m
John Morphy
Independent Director3.83yrsUS$182.92k0.013% $194.1k
Austin Young
Independent Director17.17yrsUS$239.59k0.055% $838.3k
Timothy Clifford
Lead Independent Director0.17yrUS$197.92k0.025% $379.8k
John Lumelleau
Independent Director0.25yrno data0.0024% $37.4k
Randall Mehl
Independent Director2.25yrsUS$168.59k0.014% $215.3k
Ellen Masterson
Independent Director2.5yrsUS$182.92k0.011% $173.8k
Latha Ramchand
Independent Director0.25yrno data0.0024% $37.4k


Average Tenure


Average Age

Experienced Board: NSP's board of directors are considered experienced (3.2 years average tenure).


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 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$1.527b
  • Shares outstanding: 39.38m
  • Website: https://www.insperity.com

Number of Employees


  • Insperity, Inc.
  • 19001 Crescent Springs Drive
  • Kingwood
  • Texas
  • 77339
  • United States


TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
NSPNYSE (New York Stock Exchange)YesCommon StockUSUSDJan 1997
ASFDB (Deutsche Boerse AG)YesCommon StockDEEURJan 1997
ASFBRSE (Berne Stock Exchange)YesCommon StockCHCHFJan 1997


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. In addition, the company offers MarketPlace, an e-commerce portal that offers a range of products and services; and Workforce Acceleration, a human capital management and payroll services solution; time and attendance; performance management; organizational planning; recruiting; employment screening; expense management; retirement; and insurance services. The company operates through 82 offices in the United States. The company was formerly known as Administaff, Inc. and changed its name to Insperity, Inc. in March 2011. Insperity, Inc. was founded in 1986 and is headquartered in Kingwood, Texas. 

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/03/28 23:42
End of Day Share Price2020/03/27 00:00
Annual Earnings2019/12/31

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.