In this piece, we will take a look at the five best staffing company stocks to invest in. If you want to learn more about the industry and find out more stocks, then take a look at 10 Best Staffing Company Stocks To Invest In.
5. Insperity, Inc. (NYSE:NSP)
Number of Hedge Fund Holders: 24
Insperity, Inc. (NYSE:NSP) is a human resource and business solution provider that is headquartered in Kingwood, Texas, United States. The company offers businesses several solutions such as payroll processing, benefit and compensation management, compliance, training, and development.
By the end of its fiscal first quarter, Insperity, Inc. (NYSE:NSP) earned $1.5 billion in revenue and $1.99 in non-GAAP EPS, beating analyst estimates for both metrics in yet another strong set of results from a staffing company. Following the earnings report, the company also increased its dividend to 52 cents in May 2022.
Insperity, Inc. (NYSE:NSP)’s business model includes earnings from the employees that are employed by its customers. During its fourth quarter earnings presentation, the company shared that it expects these earnings to rise above pre-pandemic levels by the end of this year. Additionally, the company also reported an 81% client retention rate for 2021.
Insider Monkey’s portfolio of 912 hedge fund holdings for the first quarter of this year saw 24 funds as having invested in the firm.
Anthony Bozza’s Lakewood Capital Management is Insperity, Inc. (NYSE:NSP)’s largest investor. It holds 518,063 shares that are worth $52 million.