Insight Enterprises (NASDAQ:NSIT) Issues Quarterly Earnings Results

Insight Enterprises (NASDAQ:NSITGet Free Report) released its quarterly earnings data on Thursday. The software maker reported $2.66 EPS for the quarter, beating the consensus estimate of $2.53 by $0.13, RTT News reports. Insight Enterprises had a net margin of 2.87% and a return on equity of 18.95%. During the same period in the prior year, the company earned $2.98 EPS. Insight Enterprises updated its FY 2025 guidance to 9.700-10.100 EPS.

Insight Enterprises Trading Down 1.1 %

Shares of Insight Enterprises stock opened at $167.47 on Friday. Insight Enterprises has a 1 year low of $146.56 and a 1 year high of $228.07. The company has a current ratio of 1.18, a quick ratio of 1.20 and a debt-to-equity ratio of 0.30. The firm has a market capitalization of $5.32 billion, a PE ratio of 25.69, a price-to-earnings-growth ratio of 1.43 and a beta of 1.42. The firm’s 50 day moving average is $161.62 and its 200 day moving average is $185.65.

Wall Street Analysts Forecast Growth

Several analysts recently commented on NSIT shares. Barrington Research reduced their target price on shares of Insight Enterprises from $225.00 to $205.00 and set an “outperform” rating for the company in a report on Monday, November 4th. Redburn Atlantic began coverage on Insight Enterprises in a report on Friday, November 15th. They set a “buy” rating and a $220.00 price objective for the company. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $212.50.

Check Out Our Latest Stock Report on NSIT

Insight Enterprises Company Profile

(Get Free Report)

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.

See Also

Earnings History for Insight Enterprises (NASDAQ:NSIT)

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