Why This 1 Value Stock Could Be a Great Addition to Your Portfolio
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors alike.
Many investors also have a go-to methodology that helps guide their buy and sell decisions. One way to find winning stocks based on your preferred way of investing is to use the Zacks Style Scores, which are indicators that rate stocks based on three widely-followed investing types: value, growth, and momentum.
Why Investors Should Pay Attention to This Value Stock
Value investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, and Price/Cash Flow, the Value Style Score identifies the most attractive and most discounted stocks.
Insperity, Inc. (NSP)
Insperity provides an array of human resources (HR) and business solutions designed to help improve business performance. Since its formation in 1986, the company has evolved from being solely a professional employer organization (“PEO”) to a comprehensive business performance solutions provider.
NSP sits at a Zacks Rank #2 (Buy), holds a Value Style Score of A, and has a VGM Score of A. Compared to the Staffing Firms industry's P/E of 10.9X, shares of Insperity, Inc. are trading at a forward P/E of 22.4X. NSP also has a PEG Ratio of 1.5, a Price/Cash Flow ratio of 28X, and a Price/Sales ratio of 0.8X.
Many value investors pay close attention to a company's earnings as well. For NSP, three analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.35 to $5.30 per share for 2022. Per share NSP boasts an average earnings surprise of 0.6%.
With strong valuation and earnings metrics, a good Zacks Rank, and top-tier Value and VGM Style Scores, investors should strongly think about adding NSP to their portfolios.
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Insperity, Inc. (NSP) : Free Stock Analysis Report
