
Insight Enterprises, Inc. (NASDAQ:NSIT – Free Report) – Equities research analysts at Barrington Research lowered their FY2025 earnings per share (EPS) estimates for shares of Insight Enterprises in a research note issued to investors on Friday, October 31st. Barrington Research analyst V. Colicchio now anticipates that the software maker will post earnings of $9.75 per share for the year, down from their previous forecast of $9.90. The consensus estimate for Insight Enterprises’ current full-year earnings is $9.89 per share. Barrington Research also issued estimates for Insight Enterprises’ FY2026 earnings at $10.54 EPS.
Several other analysts also recently weighed in on the company. JPMorgan Chase & Co. lifted their target price on Insight Enterprises from $152.00 to $165.00 and gave the company a “neutral” rating in a research note on Thursday, July 17th. Weiss Ratings restated a “hold (c-)” rating on shares of Insight Enterprises in a report on Wednesday, October 8th. Two investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $168.33.
Insight Enterprises Stock Down 3.0%
Shares of Insight Enterprises stock opened at $94.98 on Monday. The business’s fifty day moving average price is $114.70 and its two-hundred day moving average price is $127.62. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.29 and a quick ratio of 1.26. The company has a market capitalization of $2.99 billion, a P/E ratio of 22.67, a PEG ratio of 0.95 and a beta of 1.13. Insight Enterprises has a 1-year low of $94.04 and a 1-year high of $181.92.
Insight Enterprises (NASDAQ:NSIT – Get Free Report) last announced its earnings results on Thursday, October 30th. The software maker reported $2.43 earnings per share for the quarter, missing the consensus estimate of $2.49 by ($0.06). The business had revenue of $2 billion for the quarter, compared to the consensus estimate of $2.15 billion. Insight Enterprises had a net margin of 1.79% and a return on equity of 18.68%. The firm’s revenue was down 4.0% on a year-over-year basis. During the same period in the previous year, the firm earned $2.19 EPS. Insight Enterprises has set its FY 2025 guidance at 9.600-9.900 EPS.
Institutional Investors Weigh In On Insight Enterprises
Institutional investors and hedge funds have recently modified their holdings of the stock. MTM Investment Management LLC acquired a new stake in shares of Insight Enterprises during the second quarter worth $55,000. Annis Gardner Whiting Capital Advisors LLC acquired a new stake in shares of Insight Enterprises during the third quarter worth $48,000. Covestor Ltd raised its position in shares of Insight Enterprises by 68.1% during the first quarter. Covestor Ltd now owns 580 shares of the software maker’s stock worth $87,000 after purchasing an additional 235 shares during the period. EverSource Wealth Advisors LLC raised its position in shares of Insight Enterprises by 26.0% during the second quarter. EverSource Wealth Advisors LLC now owns 775 shares of the software maker’s stock worth $107,000 after purchasing an additional 160 shares during the period. Finally, Wealth Enhancement Advisory Services LLC acquired a new stake in shares of Insight Enterprises during the third quarter worth $116,000.
Insight Enterprises Company Profile
Insight Enterprises, Inc, together with its subsidiaries, provides information technology, hardware, software, and services in the United States and internationally. The company offers modern platforms/infrastructure that manages and supports cloud and data platforms, modern networks, and edge technologies; cybersecurity solutions automates and connects modern platform securely; data and artificial intelligence modernizes data platforms and architectures, and build data analytics and AI solutions; modern workplace and apps; and intelligent edge solutions that gathers and utilizes data for real-time decision making.
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