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

Insight Enterprises (NASDAQ:NSIT - Get Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided EPS guidance of 9.700-10.100 for the period, compared to the consensus EPS estimate of 9.820. The company issued revenue guidance of -.

Insight Enterprises Trading Down 0.0 %

NSIT stock traded down $0.03 during trading on Tuesday, reaching $133.65. 134,961 shares of the stock were exchanged, compared to its average volume of 310,384. The company has a current ratio of 1.18, a quick ratio of 1.15 and a debt-to-equity ratio of 0.30. The firm has a market capitalization of $4.26 billion, a price-to-earnings ratio of 20.44, a P/E/G ratio of 1.40 and a beta of 1.31. The business has a 50 day moving average price of $144.11 and a 200-day moving average price of $158.33. Insight Enterprises has a 1 year low of $126.10 and a 1 year high of $228.07.

Insight Enterprises (NASDAQ:NSIT - Get Free Report) last released its quarterly earnings results on Thursday, May 1st. The software maker reported $2.06 EPS for the quarter, beating the consensus estimate of $2.03 by $0.03. The firm had revenue of $2.10 billion for the quarter, compared to analyst estimates of $2.19 billion. Insight Enterprises had a net margin of 2.87% and a return on equity of 18.95%. The business's revenue for the quarter was down 11.6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.37 EPS. On average, research analysts predict that Insight Enterprises will post 9.89 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the stock. Barrington Research decreased their price objective on shares of Insight Enterprises from $205.00 to $164.00 and set an "outperform" rating on the stock in a report on Friday, April 4th. JPMorgan Chase & Co. cut their price objective on Insight Enterprises from $193.00 to $156.00 and set a "neutral" rating on the stock in a report on Thursday, April 17th. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $185.00.

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.