Insight Enterprises (NASDAQ:NSIT) Releases FY 2025 Earnings Guidance

Key Points

• Insight Enterprises updated its FY 2025 earnings guidance, projecting EPS between 9.700 and 10.10, slightly below the consensus estimate of 9.822.
• Shares of Insight Enterprises (NASDAQ:NSIT) opened at $144.59, down 1.4%, with a market capitalization of $4.62 billion.
• Analysts have raised their price targets, with JPMorgan lifting its target from $152.00 to $165.00 while maintaining a "neutral" rating.

Insight Enterprises (NASDAQ:NSIT - Get Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 9.700-10.10 for the period, compared to the consensus estimate of 9.822. The company issued revenue guidance of -.

Insight Enterprises Trading Up 1.5%

Shares of NSIT stock traded up $1.82 on Friday, reaching $120.40. 665,084 shares of the stock were exchanged, compared to its average volume of 288,414. The stock has a market cap of $3.79 billion, a P/E ratio of 28.74, a price-to-earnings-growth ratio of 1.11 and a beta of 1.21. The company has a quick ratio of 1.26, a current ratio of 1.29 and a debt-to-equity ratio of 0.83. The firm has a 50 day moving average of $136.99 and a two-hundred day moving average of $145.53. Insight Enterprises has a 1-year low of $118.30 and a 1-year high of $225.38.

Insight Enterprises (NASDAQ:NSIT - Get Free Report) last announced its quarterly earnings results on Thursday, July 31st. The software maker reported $2.45 earnings per share for the quarter, missing analysts' consensus estimates of $2.49 by ($0.04). Insight Enterprises had a return on equity of 18.68% and a net margin of 1.79%. The business had revenue of $2.09 billion for the quarter, compared to analysts' expectations of $2.15 billion. During the same period last year, the company posted $2.46 earnings per share. The firm's revenue for the quarter was down 3.3% on a year-over-year basis. On average, research analysts anticipate that Insight Enterprises will post 9.89 EPS for the current year.

Analysts Set New Price Targets

NSIT has been the subject of a number of research reports. JPMorgan Chase & Co. upped their price target on shares of Insight Enterprises from $152.00 to $165.00 and gave the stock a "neutral" rating in a research report on Thursday, July 17th. Barrington Research reissued an "outperform" rating and issued a $164.00 price objective on shares of Insight Enterprises in a research report on Monday, July 21st.

Hedge Funds Weigh In On Insight Enterprises

A number of institutional investors and hedge funds have recently added to or reduced their stakes in NSIT. Integrated Wealth Concepts LLC purchased a new position in Insight Enterprises in the 1st quarter valued at about $221,000. AQR Capital Management LLC lifted its position in shares of Insight Enterprises by 39.7% during the first quarter. AQR Capital Management LLC now owns 15,097 shares of the software maker's stock worth $2,264,000 after purchasing an additional 4,293 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Insight Enterprises by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,216 shares of the software maker's stock worth $2,432,000 after purchasing an additional 714 shares during the last quarter. Royal Bank of Canada lifted its position in shares of Insight Enterprises by 684.8% during the first quarter. Royal Bank of Canada now owns 24,422 shares of the software maker's stock worth $3,664,000 after purchasing an additional 21,310 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of Insight Enterprises by 5.3% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 74,259 shares of the software maker's stock worth $11,138,000 after purchasing an additional 3,722 shares during the last quarter.

About Insight Enterprises

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.