Insperity

• Stadium Capital Was Focusing on These 5 Stocks in Q1

  By Meena Krishnamsetty - May 28, 2013 | Tickers: BGFV, BLDR, NSP, LRN, UTI

  The top five equity holdings of Stadium Capital Management have changed little during the first quarter of 2013. Alexander Medina Seaver, the fund’s manager, has, however, made a number of small tweaks to the size of the positions. Let us now take a closer look at this “fab five.”

  The original 13F can be seen here. It's important to track hedge fund sentiment, because on the whole, their more »

• These 2 Stocks Prove That Bad Results Can Be Good

  By Adem Tahiri - May 13, 2013 | Tickers: NSP, KELYA, TBI

  With another earnings season in the books, it's time to digest some quarterly results! Sometimes, you can find great investment opportunities in firms that miss quarterly results slightly (earnings or revenues). While that may sound counterintuitive, Wall Street's short-term focus can create buying opportunities in companies that are actually doing great due to a small miss. Simply put, quarterly misses sometimes create values.

  One of the best sectors more »

• This Industry Is Tied Directly to Job Numbers

  By Austin Higgins - April 12, 2013 | Tickers: ADP, NSP, PAYX

  The state of employment in the United States is very crucial to the investment community. In March, only 88,000 jobs were added. The unemployment rate dropped to 7.6%. While more jobs and lower unemployment is good news, it wasn’t good enough as the growth isn’t able to sustain population growth. One particular industry that gets hit with this news it the business outsourcing industry. So what more »

• The Most Profitable Payroll Service Company

  By Anh HOANG - April 2, 2013 | Tickers: ADP, NSP, PAYX

  Since the end of 2012, Paychex (NASDAQ: PAYX) has witnessed a nice rally, climbing from around $31 per share to more than $35 per share, a gain of 12.9%. Recently, it announced impressive Q3 results, which beat analysts’ estimates. Is Paychex a decent investment opportunity at its current price? Let’s find out.

  Business snapshot

  Paychex is one of the leading providers of payroll, human resource, and benefits outsourcing more »

• Heidrick Really Struggles

  By Sajid Karsan - March 7, 2013 | Tickers: HSII, NSP, KFY

  I like buying into businesses with variable cost structures. These kinds of companies have somewhat of a protected downside; when things go south, costs can be removed such that the firm may remain profitable, subject to a period of adjustment. Executive search firm Heidrick & Struggles (NASDAQ: HSII), which saw its shares fall 20% on Tuesday, appears to have such a model.
  
  Heidrick trades for under $250 million despite a net more »

• Temporary Staffing is Entering the "Bermuda Triangle" of Margin Pressures (pt. 1 of 2)

  By Adem Tahiri - February 28, 2013 | Tickers: NSP, KELYA, MAN, TBI

  Temporary staffing is about to get squeezed. This employment segment, actually employment altogether, is largely misunderstood by the market. With that said, it's not "disappointing" jobs numbers that will cause this pain. 
  
  Actually, most investors would be surprised to learn that temporary staffing does very well during periods of sustained, high unemployment like this one.

  This unemployment percentage chart, provided by our friends at the Bureau of Labor Statistics more »

• Are These Payroll Processing Companies Fairly Valued?

  By Robert Ciura - January 29, 2013 | Tickers: ADP, NSP, PAYX

  The two major payroll processing companies in the United States, Automatic Data Processing (NASDAQ: ADP) and Paychex (NASDAQ: PAYX) are favorites of many income investors.  Both companies provide a critical service that nearly all companies need, and they pay their investors solid dividends.  Small competitor Insperity (NYSE: NSP) competes in the payroll processing industry as well.  After big rallies in these stocks over the last couple years, the issue at more »

• More Pay Wanted

  By Swati Khanna - January 2, 2013 | Tickers: ADP, NSP, PAYX

  The leading U.S. payroll processing company Paychex (NASDAQ: PAYX) announced its most recent quarter’s earnings last week on Dec. 21, 2012. Though the returns per share matched expectations, revenue rose very marginally above expectations.

  Numbers Deal

  Paychex announced its earnings per share for the most recent quarter as $0.41, which matched expectations and was $0.02 EPS in the same quarter last year. Net income for the more »

• Is This Stock a Buy over the Fiscal Cliff?

  By Lee Samaha - December 28, 2012 | Tickers: ADP, NSP, PAYX

  Investors often need to ask themselves why they hold certain stocks and then ask themselves whether that is what the market wants to buy. After which they then need to decide what the market will want in the future and whether that stock will perform as expected. In the case of Paychex (NASDAQ: PAYX) I think the proposition is pretty clear. It is a dividend play, but I’m intrigued more »

• Growth Road Ahead for This Payroll Stock

  By Shweta Dubey - December 24, 2012 | Tickers: ADP, NSP, PAYX

  The largest payroll processing firm in the US, Automatic Data Processing (NASDAQ: ADP) has been recognized as a leader in IDC MarketScape: Worldwide HR BPO 2012 Vendor Analysis. The recognition underlines the company's credibility and the level of its commitment towards its work.

  For the first quarter 2013, the total revenue reported by ADP is $2.64 billion, an increase of 5% from the last year. The earnings from more »

• Employment, Mr. Market and The Hard Road to Big Gains

  By Adem Tahiri - December 4, 2012 | Tickers: BBSI, DHX, NSP, KELYA, MAN, RHI

  "In investing, what is comfortable is rarely profitable." - Robert Arnott

  Peter Lynch called the edge to find stocks that the market misunderstands the “power of common knowledge;” it’s essential for small investors to beat the market. Today, I’m going to let you in on a group of stocks so misunderstood they’re certain to “make” your 2013.

  The staffing industry is too often associated with employment numbers. That more »

• 5 Special Dividends Worth Considering

  By William Bias - November 29, 2012 | Tickers: COST, NSP, LANC, RGR, BKE

  The “Fiscal Cliff” has individuals and companies frightened. As a result, many companies are moving to pay a “special dividend” to help shareholders, especially major shareholders, avoid possible tax rate increases on dividend income that could skyrocket from the current maximum of 15% to as much as 40%. A diminished balance sheet after paying special dividends combined with a higher tax environment could compel companies to throttle back on future dividend increases hampering long term gains in a post fiscal cliff environment. Below are five companies paying a special dividend worth considering.

• Paychex, Solid and Primed for Growth

  By Alvin Gonzales - November 13, 2012 | Tickers: ADP, NSP, INTU, PAYX

  Paychex (NASDAQ: PAYX), which has been in business since 1971, provides human resource, payroll, and benefits outsourcing solutions. In a slow global economy, Paychex has executed solidly. In fiscal year (FY) 2012 ended on May 31, 2012, Paychex increased its total revenue by 7% year over year to $2.2 billion and increased its net income by 6% year over year. In Q1 FY 2013, the company increased both its more »

• Can This Small Cap Keep Defying the Experts? (pt. 2 of 2)

  By Adem Tahiri - October 31, 2012 | Tickers: BBSI, NSP, KELYA, MAN, RHI |

  Kelly Services (NASDAQ: KELYA) is an international workforce solutions provider, headquartered in Troy, Mi. Kelly's shares have bounced wildly from $11.26-$18.09 this year mostly on good or bad employment headlines. However, the stock has outperformed regardless of employment numbers as its beaten analysts expectations the past 11 consecutive quarters; most recently it beat quarterly estimates by 16%! Kelly is set to report earnings again in just more »

• Can This Small Cap Keep Defying the Experts? (pt. 1 of 2)

  By Adem Tahiri - October 31, 2012 | Tickers: BBSI, NSP, KELYA, MAN, RHI |

  Kelly Services (NASDAQ: KELYA) is an international workforce solutions provider, headquartered in Troy, Mi. Kelly's shares have bounced wildly from $11.26-$18.09 this year mostly on good or bad employment headlines. However, the stock has outperformed regardless of employment numbers as its beaten analysts expectations the past 11 consecutive quarters; most recently it beat quarterly estimates by 16%!

  As I’ve previously stated, Kelly Services is one more »

• A Mixed Outlook for Outsourcing Firms

  By Lee Samaha - July 5, 2012 | Tickers: ADP, NSP, PAYX |

  Paychex (NASDAQ: PAYX) has a lot of interesting qualities that could appeal to an investor. Aside from a 4% yield it has minimal European exposure and is primary a play on US growth. It is also heavily exposed to US employment and small business growth. Despite the gloomy data recently there are grounds for optimism as things appear to be improving. In summary, I think Paychex’s weak growth numbers more »

• Paychex: Stable and Reliable for the Long Term

  By Maxwell Fisher - March 14, 2012 | Tickers: ADP, NSP, PAYX

  Paychex (NASDAQ: PAYX) is one of the leading providers of payroll services in the United States and provides human resource services and business outsourcing among its extensive portfolio of services. It currently serves more than 564,000 clients through over 100 offices and it expects to grow its base after it made two key acquisitions in the second half of its most recent fiscal year. In my opinion, we can more »

• ADP: An Excellent Pick in 2012

  By Christopher French - March 1, 2012 | Tickers: ADP, NSP, PAYX, ULTI

  Automatic Data Processing (NASDAQ: ADP), with a market capitalization of about $26.6 billion, is the largest global provider of payroll, human resources, tax filing, data processing, and benefits outsourcing services. The company has a commanding position in the large company segment of the payroll processing industry but also counts small and medium sized business among its more than 570,000 clients.  The company's principal competition comes from Paychex more »

• Paychex: A Hidden Gem

  By Christopher French - February 13, 2012 | Tickers: ADP, NSP, PAYX, ULTI

  Paychex (NASDAQ: PAYX) has carved out a niche in the small business segment of payroll processing, human resources, and benefits industry while the large company segment of the market is served by its bigger rival Automatic Data Processing (NASDAQ: ADP).  At fiscal year end 2011, about 99% of Paychex's clients were businesses of fewer than 100 employees while its competitors operate throughout the full range of business sizes.   Other more »