Shares of Insight Enterprises, Inc. (NASDAQ:NSIT - Get Free Report) reached a new 52-week low during trading on Wednesday . The stock traded as low as $75.76 and last traded at $76.7710, with a volume of 69903 shares trading hands. The stock had previously closed at $79.67.
Wall Street Analyst Weigh In
A number of equities research analysts have recently commented on NSIT shares. Weiss Ratings downgraded Insight Enterprises from a "hold (c-)" rating to a "sell (d+)" rating in a research report on Monday, January 5th. Canaccord Genuity Group set a $90.00 target price on Insight Enterprises in a report on Friday, February 6th. Barrington Research reaffirmed an "outperform" rating and set a $120.00 target price on shares of Insight Enterprises in a research report on Friday, February 6th. Wall Street Zen raised Insight Enterprises from a "hold" rating to a "buy" rating in a report on Saturday, January 10th. Finally, JPMorgan Chase & Co. reissued an "underweight" rating and issued a $90.00 price target (down from $117.00) on shares of Insight Enterprises in a research note on Monday, December 15th. One research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, Insight Enterprises currently has an average rating of "Reduce" and an average price target of $100.00.
Get Our Latest Analysis on Insight Enterprises
Insight Enterprises Stock Down 5.6%
The firm has a 50-day moving average of $84.18 and a two-hundred day moving average of $94.31. The stock has a market capitalization of $2.33 billion, a price-to-earnings ratio of 15.11, a price-to-earnings-growth ratio of 0.83 and a beta of 0.92. The company has a quick ratio of 1.22, a current ratio of 1.25 and a debt-to-equity ratio of 0.83.
Insight Enterprises (NASDAQ:NSIT - Get Free Report) last announced its quarterly earnings data on Thursday, February 5th. The software maker reported $2.96 EPS for the quarter, topping analysts' consensus estimates of $2.82 by $0.14. The firm had revenue of $2.05 billion during the quarter, compared to analyst estimates of $2.08 billion. Insight Enterprises had a return on equity of 19.61% and a net margin of 1.91%.The business's quarterly revenue was down 1.2% compared to the same quarter last year. During the same period last year, the company posted $2.66 EPS. Insight Enterprises has set its FY 2026 guidance at 11.000-11.500 EPS. As a group, sell-side analysts anticipate that Insight Enterprises, Inc. will post 9.89 earnings per share for the current year.
Institutional Investors Weigh In On Insight Enterprises
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in NSIT. Ameritas Investment Partners Inc. grew its holdings in shares of Insight Enterprises by 2.9% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 2,835 shares of the software maker's stock valued at $391,000 after acquiring an additional 80 shares in the last quarter. F m Investments LLC grew its stake in shares of Insight Enterprises by 0.4% in the 2nd quarter. F m Investments LLC now owns 28,432 shares of the software maker's stock valued at $3,926,000 after buying an additional 106 shares in the last quarter. Thrivent Financial for Lutherans grew its stake in shares of Insight Enterprises by 0.6% in the 2nd quarter. Thrivent Financial for Lutherans now owns 20,190 shares of the software maker's stock valued at $2,788,000 after buying an additional 116 shares in the last quarter. Xponance Inc. increased its holdings in Insight Enterprises by 5.1% in the third quarter. Xponance Inc. now owns 2,454 shares of the software maker's stock worth $278,000 after buying an additional 119 shares during the last quarter. Finally, State of Wyoming raised its holdings in shares of Insight Enterprises by 9.2% during the 3rd quarter. State of Wyoming now owns 1,456 shares of the software maker's stock valued at $165,000 after purchasing an additional 123 shares in the last quarter.
Insight Enterprises Company Profile
(
Get Free Report)
Insight Enterprises, Inc is a global technology provider headquartered in Tempe, Arizona. Founded in 1988, the company specializes in helping organizations harness the power of digital transformation by offering a comprehensive portfolio of IT hardware, software, cloud and licensing management solutions. Insight's expertise spans across the full technology lifecycle, from initial strategy and consulting to implementation, integration and ongoing managed services.
At the core of Insight's business are its consulting and professional services, which guide clients through complex technology environments and ensure optimal deployment of solutions.
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