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NASDAQ:NSIT

Insight Enterprises (NSIT) Stock Price, News & Analysis

$219.68
+5.54 (+2.59%)
(As of 10/4/2024 ET)

About Insight Enterprises Stock (NASDAQ:NSIT)

Key Stats

Today's Range
$216.29
$220.00
50-Day Range
$180.00
$224.50
52-Week Range
$139.34
$228.07
Volume
83,975 shs
Average Volume
219,175 shs
Market Capitalization
$7.15 billion
P/E Ratio
27.63
Dividend Yield
N/A
Price Target
$216.67
Consensus Rating
Hold

Company Overview

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. It also provides software maintenance solutions that offers clients to obtain software upgrades, bug fixes, help desk, and other support services; vendor direct support services contracts; and cloud/software-as-a-service subscription products. In addition, the company designs, procures, deploys, implements, and manages solutions that combine hardware, software, and services to help businesses. It serves construction, esports, financial services, health care and life sciences, manufacturing, retail and restaurant, service providers, small to medium business, and travel and tourism industries. Insight Enterprises, Inc., was founded in 1988 and is headquartered in Chandler, Arizona.

Insight Enterprises Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
51st Percentile Overall Score

NSIT MarketRank™: 

Insight Enterprises scored higher than 51% of companies evaluated by MarketBeat, and ranked 145th out of 220 stocks in the retail/wholesale sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Insight Enterprises has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Insight Enterprises has only been the subject of 3 research reports in the past 90 days.

  • Read more about Insight Enterprises' stock forecast and price target.
  • Earnings Growth

    Earnings for Insight Enterprises are expected to grow by 12.17% in the coming year, from $10.68 to $11.98 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Insight Enterprises is 27.63, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.78.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Insight Enterprises is 27.63, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 23.37.

  • Price to Earnings Growth Ratio

    Insight Enterprises has a PEG Ratio of 1.65. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Insight Enterprises has a P/B Ratio of 4.12. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Insight Enterprises' valuation and earnings.
  • Percentage of Shares Shorted

    6.37% of the float of Insight Enterprises has been sold short.
  • Short Interest Ratio / Days to Cover

    Insight Enterprises has a short interest ratio ("days to cover") of 9.6.
  • Change versus previous month

    Short interest in Insight Enterprises has recently increased by 2.50%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    Insight Enterprises does not currently pay a dividend.

  • Dividend Growth

    Insight Enterprises does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    6.37% of the float of Insight Enterprises has been sold short.
  • Short Interest Ratio / Days to Cover

    Insight Enterprises has a short interest ratio ("days to cover") of 9.6.
  • Change versus previous month

    Short interest in Insight Enterprises has recently increased by 2.50%, indicating that investor sentiment is decreasing.
  • News Sentiment

    Insight Enterprises has a news sentiment score of 1.32. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.58 average news sentiment score of Retail/Wholesale companies.
  • News Coverage This Week

    MarketBeat has tracked 5 news articles for Insight Enterprises this week, compared to 5 articles on an average week.
  • Search Interest

    Only 1 people have searched for NSIT on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.
  • MarketBeat Follows

    2 people have added Insight Enterprises to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Insight Enterprises insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $152,256.00 in company stock.

  • Percentage Held by Insiders

    Only 1.23% of the stock of Insight Enterprises is held by insiders.

  • Read more about Insight Enterprises' insider trading history.
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NSIT Stock News Headlines

“A very dark day is coming to America”
Wall Street Legend on Economy: "If you knew what I know, you'd be terrified too." Something huge is headed to America's shores – and it scares the hell out of Wall St. legend Louis Navellier. When it makes landfall, its impact will be more violent and more severe than any financial crisis we've ever seen… "No matter how prepared you think you are, you aren't prepared enough," he warns.
Insight Enterprises announces $300 million buyback
Insight Enterprises Names James Morgado CFO; Expands Board
See More Headlines

NSIT Stock Analysis - Frequently Asked Questions

Insight Enterprises' stock was trading at $177.19 on January 1st, 2024. Since then, NSIT stock has increased by 24.0% and is now trading at $219.68.
View the best growth stocks for 2024 here
.

Insight Enterprises, Inc. (NASDAQ:NSIT) announced its earnings results on Thursday, August, 1st. The software maker reported $2.46 EPS for the quarter, missing analysts' consensus estimates of $2.82 by $0.36. The company's revenue was down 8.0% compared to the same quarter last year.

Insight Enterprises subsidiaries include these companies: vNext, PCM Inc, Cardinal Solutions Group, Caase Group BV, Ignia Pty, Datalink, BlueMetal Architects, and others.

Insight Enterprises' top institutional shareholders include Cascade Investment Advisors Inc. (0.03%) and SG Americas Securities LLC. Insiders that own company stock include Holdings LP Valueact, Joyce A Mullen, Richard E Allen, Samuel C Cowley, Kathleen S Pushor, Jennifer M Vasin, Rachael Ann Bertrandt Crump, Adrian P Gregory, Kenneth T Lamneck and Glynis Bryan.
View institutional ownership trends
.

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

Based on aggregate information from My MarketBeat watchlists, some other companies that Insight Enterprises investors own include Bristol-Myers Squibb (BMY), Alibaba Group (BABA), Pfizer (PFE), Taiwan Semiconductor Manufacturing (TSM), AbbVie (ABBV), Verizon Communications (VZ) and Advanced Micro Devices (AMD).

Company Calendar

Last Earnings
8/01/2024
Today
10/05/2024
Next Earnings (Estimated)
11/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Catalog & mail - order houses
Sub-Industry
Technology Distributors
Current Symbol
NASDAQ:NSIT
CUSIP
45765U10
Employees
14,437
Year Founded
1988

Price Target and Rating

Average Stock Price Target
$216.67
High Stock Price Target
$225.00
Low Stock Price Target
$200.00
Potential Upside/Downside
-1.4%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
3 Analysts

Profitability

Net Income
$281.31 million
Pretax Margin
4.51%

Debt

Sales & Book Value

Annual Sales
$9.04 billion
Cash Flow
$12.86 per share
Book Value
$53.28 per share

Miscellaneous

Free Float
32,156,000
Market Cap
$7.15 billion
Optionable
Optionable
Beta
1.45

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This page (NASDAQ:NSIT) was last updated on 10/5/2024 by MarketBeat.com Staff
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