Analysts predict that Insight Enterprises, Inc. (NASDAQ:NSIT) will post $1.12 earnings per share for the current quarter, according to Zacks. Three analysts have provided estimates for Insight Enterprises’ earnings, with the lowest EPS estimate coming in at $1.11 and the highest estimate coming in at $1.13. Insight Enterprises posted earnings per share of $0.81 during the same quarter last year, which indicates a positive year-over-year growth rate of 38.3%. The firm is expected to announce its next earnings results before the market opens on Thursday, February 14th.

According to Zacks, analysts expect that Insight Enterprises will report full year earnings of $4.42 per share for the current financial year, with EPS estimates ranging from $4.41 to $4.43. For the next fiscal year, analysts expect that the firm will report earnings of $4.55 per share, with EPS estimates ranging from $4.52 to $4.61. Zacks’ earnings per share averages are a mean average based on a survey of sell-side research analysts that cover Insight Enterprises.

Several equities research analysts have commented on NSIT shares. BidaskClub cut shares of Insight Enterprises from a “buy” rating to a “hold” rating in a research report on Thursday, November 8th. ValuEngine cut shares of Insight Enterprises from a “hold” rating to a “sell” rating in a research report on Wednesday, November 7th. Zacks Investment Research upgraded shares of Insight Enterprises from a “sell” rating to a “hold” rating in a research report on Wednesday, January 9th. Finally, B. Riley dropped their price target on shares of Insight Enterprises from $61.00 to $59.00 and set a “buy” rating on the stock in a research report on Thursday, November 8th.

Shares of NASDAQ NSIT opened at $47.26 on Friday. Insight Enterprises has a fifty-two week low of $32.10 and a fifty-two week high of $56.86. The company has a current ratio of 1.65, a quick ratio of 1.51 and a debt-to-equity ratio of 0.27. The stock has a market cap of $1.68 billion, a P/E ratio of 14.59 and a beta of 1.13.

A number of institutional investors have recently modified their holdings of NSIT. Matarin Capital Management LLC bought a new stake in Insight Enterprises in the third quarter worth about $18,685,000. Man Group plc purchased a new position in Insight Enterprises in the 3rd quarter worth about $11,900,000. BlackRock Inc. increased its stake in Insight Enterprises by 4.1% in the 3rd quarter. BlackRock Inc. now owns 5,152,517 shares of the software maker’s stock worth $278,699,000 after purchasing an additional 201,482 shares in the last quarter. Vanguard Group Inc increased its stake in Insight Enterprises by 4.7% in the 3rd quarter. Vanguard Group Inc now owns 3,761,007 shares of the software maker’s stock worth $203,432,000 after purchasing an additional 168,306 shares in the last quarter. Finally, Vanguard Group Inc. increased its stake in Insight Enterprises by 4.7% in the 3rd quarter. Vanguard Group Inc. now owns 3,761,007 shares of the software maker’s stock worth $203,432,000 after purchasing an additional 168,306 shares in the last quarter. Hedge funds and other institutional investors own 99.49% of the company’s stock.

About Insight Enterprises

Insight Enterprises, Inc provides information technology (IT) hardware, software, and service solutions for small and medium sized firms, enterprises, governments, schools, and health care organizations in the United States, Canada, Europe, the Middle East, Africa, and the Asia-Pacific. It sources, stages, configures, integrates, tests, deploys, and maintains its products spanning endpoints to infrastructure; and provides infrastructure management solutions.

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