Insperity (NSP) in Focus: Stock Tanks 8.3%

Zacks

Insperity, Inc. NSP saw a big move last session, as the company’s shares fell over 8% on Friday. The move came on pretty good volume too with far more shares changing hands than in a normal session. NSP was up over 5% from Dec 18 to Dec 29, but lost over 10% since then.

The human resources and business solutions provider has seen a flat track record when it comes to current year estimate revisions over the past few weeks and the consensus for earnings hasn’t been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.

NSP currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.0%.

Investors interested in the Staffing industry may consider better-ranked stock like Cross Country Healthcare, Inc. CCRN, which carries a Zacks Rank #1 (Strong Buy).

Is NSP going up? Or down? Predict to see what others think: Up or Down

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