NASDAQ:NSIT - Insight Enterprises Stock Price, Forecast & News

Insight Enterprises trades on the NASDAQ under the ticker symbol "NSIT."

Insight Enterprises, Inc. (NASDAQ:NSIT) posted its earnings results on Wednesday, February, 12th. The software maker reported $1.57 EPS for the quarter, missing analysts' consensus estimates of $1.61 by $0.04. The software maker had revenue of $2 billion for the quarter, compared to analysts' expectations of $2.37 billion. Insight Enterprises had a net margin of 2.06% and a return on equity of 17.32%. The company's revenue for the quarter was up 14.5% on a year-over-year basis. During the same period last year, the business posted $1.32 EPS. View Insight Enterprises' Earnings History.

Insight Enterprises is scheduled to release their next quarterly earnings announcement on Wednesday, May 6th 2020. View Earnings Estimates for Insight Enterprises.

Insight Enterprises issued an update on its FY20 earnings guidance on Wednesday, February, 12th. The company provided earnings per share guidance of $6.55-6.65 for the period, compared to the Thomson Reuters consensus estimate of $6.21.

3 Wall Street analysts have issued 12 month price objectives for Insight Enterprises' stock. Their forecasts range from $60.00 to $77.00. On average, they expect Insight Enterprises' share price to reach $68.33 in the next year. This suggests a possible upside of 26.6% from the stock's current price. View Analyst Price Targets for Insight Enterprises.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Insight Enterprises in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Insight Enterprises.

Headlines about NSIT stock have trended very negative recently, InfoTrie reports. The research firm identifies positive and negative press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Insight Enterprises earned a coverage optimism score of -3.0 on InfoTrie's scale. They also assigned news coverage about the software maker a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for Insight Enterprises.

Some companies that are related to Insight Enterprises include SYNNEX (SNX), Arrow Electronics (ARW), Tech Data (TECD), Avnet (AVT), Anixter International (AXE), PC Connection (CNXN), ScanSource (SCSC), Agilysys (AGYS) and Richardson Electronics (RELL).

Based on aggregate information from My MarketBeat watchlists, some companies that other Insight Enterprises investors own include Bristol-Myers Squibb (BMY), Pfizer (PFE), Alibaba Group (BABA), Johnson & Johnson (JNJ), Verizon Communications (VZ), AbbVie (ABBV), JPMorgan Chase & Co. (JPM), Taiwan Semiconductor Mfg. (TSM), Exxon Mobil (XOM) and Walt Disney (DIS).

Insight Enterprises' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include FMR LLC (7.52%), State Street Corp (3.11%), Boston Partners (2.77%), LSV Asset Management (2.19%), Standard Life Aberdeen plc (1.81%) and Geode Capital Management LLC (1.62%). Company insiders that own Insight Enterprises stock include Anthony Ibarguen, Bruce Armstrong, Glynis Bryan, Kathleen S Pushor, Kenneth T Lamneck, Rachael A Bertrandt, Samuel C Cowley, Steven W Dodenhoff, Timothy A Crown and Wolfgang Ebermann. View Institutional Ownership Trends for Insight Enterprises.

NSIT stock was sold by a variety of institutional investors in the last quarter, including Standard Life Aberdeen plc, Jacobs Levy Equity Management Inc., Renaissance Technologies LLC, Prudential Financial Inc., Russell Investments Group Ltd., Royce & Associates LP, Jefferies Group LLC and Schroder Investment Management Group. Company insiders that have sold Insight Enterprises company stock in the last year include Bruce Armstrong and Rachael A Bertrandt. View Insider Buying and Selling for Insight Enterprises.

NSIT stock was bought by a variety of institutional investors in the last quarter, including FMR LLC, Vaughan Nelson Investment Management L.P., Redwood Investments LLC, Stifel Financial Corp, Goldman Sachs Group Inc., Man Group plc, Argent Capital Management LLC and Panagora Asset Management Inc.. View Insider Buying and Selling for Insight Enterprises.

Shares of NSIT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of NSIT stock can currently be purchased for approximately $53.97.

Insight Enterprises has a market capitalization of $1.90 billion and generates $7.73 billion in revenue each year. The software maker earns $159.41 million in net income (profit) each year or $5.42 on an earnings per share basis. Insight Enterprises employs 7,420 workers across the globe.View Additional Information About Insight Enterprises.

The official website for Insight Enterprises is http://www.insight.com/.

Insight Enterprises' mailing address is 6820 SOUTH HARL AVENUE, TEMPE AZ, 85283. The software maker can be reached via phone at 480-333-3000 or via email at [email protected]