Truist has revised its price target for Insperity (NSP, Financial), reducing it from $88 to $82, while maintaining a Hold rating on the stock. This adjustment comes as the firm reassesses its forecasts due to overarching macroeconomic uncertainties and negative feedback from private companies, as highlighted in its recent Safari Snapshots poll.
Previously, during an earnings cycle, there was notable optimism among companies regarding potential benefits from deregulation under the Trump administration and the possibility of extending the Tax Cuts and Jobs Act (TCJA). However, recent tariffs have dampened initial positive sentiments, causing a shift in outlook, according to Truist's assessment.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 3 analysts, the average target price for Insperity Inc (NSP, Financial) is $93.67 with a high estimate of $105.00 and a low estimate of $88.00. The average target implies an upside of 10.04% from the current price of $85.12. More detailed estimate data can be found on the Insperity Inc (NSP) Forecast page.
Based on the consensus recommendation from 5 brokerage firms, Insperity Inc's (NSP, Financial) average brokerage recommendation is currently 3.0, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Insperity Inc (NSP, Financial) in one year is $130.85, suggesting a upside of 53.72% from the current price of $85.12. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Insperity Inc (NSP) Summary page.
