Insperity, Inc. DK stocks have had an impressive run on the stock exchanges over the past year or so. The stock has appreciated 53.7% in the past year, surpassing the 52.7% gain in the industry to which it belongs.
The company recently reported adjusted earnings of 89 cents per share in the third quarter of 2021, which is 6% higher than Zacks’ consensus estimate but is down 2.2% year-over-year. Revenue of $ 1.21 billion exceeded the consensus bar of 3.5% and increased 20% year-over-year.
Insperity, Inc. Price
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Insperity’s revenue growth is directly proportional to the increase in the average number of site workers paid per month. In the third quarter of 2021, revenue grew 20% year-on-year thanks to an 8% increase in revenue per construction worker (WSEE) and an 11% increase in the number of construction workers. remunerated site. The average number of site workers paid per month, 257,560, increased 11.1% year on year. The growth in the number of employees on construction sites is driven by strong sales, increased customer loyalty and the increase in the net hiring of workers on construction sites by the company’s customers.
Insperity, as an integrated provider of human resources and business solutions, offers a full range of HR service solutions through professional employer organization (“PEO”) services known as optimization solutions. workforce and workforce synchronization. With the help of these solutions, Insperity serves small and medium businesses in select markets across the United States. In addition to PEO services, Insperity is also focusing on its workforce administration solution which provides solutions for human capital management and payroll services. The company’s additional offerings include time and attendance, organizational planning, recruiting services, job selection, performance management, retirement services as well as insurance services.
Insperity sees increased spending as it continues to invest in growth, technology, and product and service offerings. In the third quarter of 2021, operating expenses of $ 490.83 million increased 8.5% year-over-year.
Zacks rank and actions to consider
Insperity currently wears a Zacks Rank # 3 (Hold).
You can see The full list of Zacks # 1 Rank (Strong Buy) stocks today here.
Some other prominent actions in the broader business services sector are Budget Notice RCA and Cross Country Health Care (CCRN), both sporting a Zacks Rank # 1, and Charles River Associates (CRAI), wearing a Zacks Rank # 2 (Buy).
Avis Budget has an expected profit growth rate of 420.6% for the current year. The company has a surprise earnings for the last four quarters of 76.9% on average.
Avis Budget shares have jumped 744.3% in the past year. The company shows long-term profit growth of 18.8%.
Cross Country Healthcare has an expected profit growth rate of 447.8% for the current year. The company has a surprise of 75% on average over the last four quarters.
Shares of Cross Country Healthcare have jumped 201% in the past year. The company shows long-term profit growth of 21.5%.
Charles River Associates has an expected earnings growth rate of 61.2% for the current year. The company has a surprise earnings for the last four quarters of 51%, on average.
Charles River shares have jumped 119.3% in the past year. The company shows long-term profit growth of 15.5%.
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