Insight Enterprises (NASDAQ:NSIT - Get Free Report) posted its quarterly earnings data on Thursday. The software maker reported $2.66 earnings per share for the quarter, topping the consensus estimate of $2.53 by $0.13, RTT News reports. Insight Enterprises had a return on equity of 18.95% and a net margin of 2.87%. During the same quarter in the previous year, the business posted $2.98 EPS. Insight Enterprises updated its FY 2025 guidance to 9.700-10.100 EPS.
Insight Enterprises Price Performance
NASDAQ:NSIT traded up $0.13 during mid-day trading on Monday, reaching $167.60. The stock had a trading volume of 554,447 shares, compared to its average volume of 387,117. Insight Enterprises has a 12 month low of $146.56 and a 12 month high of $228.07. The stock has a market capitalization of $5.32 billion, a PE ratio of 25.71, a P/E/G ratio of 1.43 and a beta of 1.42. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.18 and a quick ratio of 1.20. The stock has a 50-day simple moving average of $161.84 and a two-hundred day simple moving average of $184.83.
Wall Street Analyst Weigh In
A number of equities analysts recently commented on NSIT shares. Barrington Research lowered their price target on shares of Insight Enterprises from $225.00 to $205.00 and set an "outperform" rating on the stock in a research report on Monday, November 4th. Redburn Atlantic initiated coverage on shares of Insight Enterprises in a research report on Friday, November 15th. They issued a "buy" rating and a $220.00 price target for the company. Three 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, Insight Enterprises currently has a consensus rating of "Hold" and a consensus price target of $212.50.
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About Insight Enterprises
(
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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.
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