Insperity Flashes Improved Technical Strength as IBD Rating Upgrades

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Insperity ($NYSE:NSP) Inc has seen its technical strength recently strengthened after IBD upgraded its rating. It offers HR technology and services, employer services, payroll services, recruiting services, and other specialty services. Insperity operates through two divisions: Professional Employer Organization and Workforce Optimization. IBD upgraded Insperity’s rating from a C- to a B+ recently, citing its strong technical performance over the past few months.

The upgrade was attributed to the company’s ability to consistently hit its earnings targets, as well as its ability to increase its share price. This upgrade is a sign of Insperity’s robustness and its potential to continue to grow in the future. The improved technical strength of Insperity is great news for investors in the company, as it reinforces the potential of the stock and could lead to an increase in the share price.

Share Price

On Wednesday, INSPERITY stock opened at $115.9 and closed at $116.8, up by 0.9% from its previous closing price of 115.8. This increase in stock prices was fueled by the recent improved technical strength and upgraded IBD rating that the company has received. The improved technical strength was due to an increase in relative strength index and average daily movements of the INSPERITY stock. This reaffirmed the investor confidence in the company’s stock performance.

Furthermore, the IBD rating upgrade is giving investors further confidence that their investments in INSPERITY are safe and sound. The increase in stock prices, along with improved technical strength and IBD rating upgrades, suggest that INSPERITY is doing well in the market and investors should be keeping an eye on the stock. Insperity_Flashes_Improved_Technical_Strength_as_IBD_Rating_Upgrades”>Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Insperity. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Insperity. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Insperity. More…

Key Ratios Snapshot

Some of the financial key ratios for Insperity are shown below. More…

Analysis

As GoodWhale has conducted an analysis of INSPERITY’s wellbeing, we have concluded that the company is in a very strong position. According to our Star Chart, INSPERITY is strong in asset, dividend, growth, and profitability. Additionally, it has a high health score of 9/10 with regard to its cashflows and debt, suggesting that it is capable of safely riding out any crisis without the risk of bankruptcy. Furthermore, we have classified INSPERITY as a ‘gorilla’, meaning a type of company that has achieved stable and high revenue or earnings growth due to its strong competitive advantage. Given these positive indicators, investors interested in long-term stability and growth may be particularly interested in INSPERITY. Insperity_Flashes_Improved_Technical_Strength_as_IBD_Rating_Upgrades”>More…

Peers

In the business world, competition is fierce. Companies are constantly striving to one-up their competitors in an effort to gain market share. This is especially true in the human resources outsourcing industry, where companies like Insperity Inc, Trinet Group Inc, Barrett Business Services Inc, and Hudson Global Inc are constantly vying for the top spot. All of these companies offer similar services, so they must differentiate themselves in order to stand out. Insperity Inc has done this by becoming a trusted partner to its clients and providing a comprehensive suite of services. Its competitors, while also offering quality services, have not been able to match Insperity Inc’s level of customer service and satisfaction.

– Trinet Group Inc ($NYSE:TNET)

Trinet Group Inc is a professional services firm that provides a comprehensive range of human resources solutions to businesses and organizations of all sizes. The company offers a wide range of services, including payroll and tax administration, benefits administration, risk and compliance management, human capital management, and other HR-related services. Trinet Group Inc has a market cap of 4.57B as of 2022, a Return on Equity of 45.01%. The company has a long history of providing high-quality human resources solutions to businesses across a wide range of industries. Trinet Group Inc is a publicly traded company listed on the New York Stock Exchange.

– Barrett Business Services Inc ($NASDAQ:BBSI)

Barrett Business Services Inc is a provider of professional employer organization services in the United States. The company has a market cap of 588.79M as of 2022 and a Return on Equity of 24.37%. The company offers a range of services including payroll processing, human resources management, employee benefits, and workers’ compensation insurance.

– Hudson Global Inc ($NASDAQ:HSON)

Hudson Global Inc., a professional staffing and solutions company, provides talent acquisition, management, and deployment services worldwide. It operates through two segments, North America and International. The company offers a range of professional staffing and talent management solutions, including permanent, temporary, and contract recruitment; managed staffing programs; executive search; outplacement; and professional consulting services. It serves clients in a range of industries, such as accounting and finance, banking and financial services, creative and digital media, engineering, healthcare, human resources, information technology, legal, life sciences, sales and marketing, and supply chain and logistics. The company was founded in 1991 and is headquartered in New York, New York.

Summary

Insperity Inc. has recently been upgraded by IBD in its stock rating, signaling improved technical strength in the stock. Analysts suggest that the company is poised for growth and has a healthy financial outlook. Insperity’s robust cash flow generation has been supported by its high operating performance and strong balance sheet. Insperity’s solid financial structure, good liquidity, and strong performance in the past year make it a sound investment for those seeking long-term growth.