NSIT FY2025 EPS Estimate Reduced by Barrington Research

Insight Enterprises, Inc. (NASDAQ:NSIT) – Equities researchers at Barrington Research cut their FY2025 EPS estimates for Insight Enterprises in a research report issued on Friday, October 31st. Barrington Research analyst V. Colicchio now anticipates that the software maker will post earnings per share of $9.75 for the year, down from their previous forecast of $9.90. The consensus estimate for Insight Enterprises’ current full-year earnings is $9.89 per share. Barrington Research also issued estimates for Insight Enterprises’ FY2026 earnings at $10.54 EPS.

Several other analysts also recently weighed in on the stock. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Insight Enterprises in a research note on Wednesday, October 8th. JPMorgan Chase & Co. lifted their price target on shares of Insight Enterprises from $152.00 to $165.00 and gave the company a “neutral” rating in a research note on Thursday, July 17th. Two investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $168.33.

Insight Enterprises Stock Performance

Insight Enterprises stock opened at $97.95 on Monday. The company has a 50 day moving average price of $115.34 and a 200-day moving average price of $127.89. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.26 and a current ratio of 1.29. Insight Enterprises has a fifty-two week low of $96.97 and a fifty-two week high of $181.92. The company has a market capitalization of $3.08 billion, a PE ratio of 23.38, a P/E/G ratio of 0.95 and a beta of 1.13.

Insight Enterprises (NASDAQ:NSIT) last posted its quarterly earnings results on Thursday, October 30th. The software maker reported $2.43 earnings per share for the quarter, missing the consensus estimate of $2.49 by ($0.06). Insight Enterprises had a net margin of 1.79% and a return on equity of 18.68%. The company had revenue of $2 billion for the quarter, compared to the consensus estimate of $2.15 billion. During the same period in the prior year, the firm posted $2.19 EPS. The business’s revenue was down 4.0% on a year-over-year basis. Insight Enterprises has set its FY 2025 guidance at 9.600-9.900 EPS.

Hedge Funds Weigh In On Insight Enterprises

Several institutional investors and hedge funds have recently bought and sold shares of NSIT. Principal Financial Group Inc. grew its holdings in shares of Insight Enterprises by 2.3% during the first quarter. Principal Financial Group Inc. now owns 146,906 shares of the software maker’s stock valued at $22,034,000 after buying an additional 3,362 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of Insight Enterprises by 64.9% during the first quarter. Envestnet Asset Management Inc. now owns 33,158 shares of the software maker’s stock valued at $4,973,000 after buying an additional 13,051 shares during the last quarter. AlphaQuest LLC grew its holdings in shares of Insight Enterprises by 264.9% during the second quarter. AlphaQuest LLC now owns 3,609 shares of the software maker’s stock valued at $498,000 after buying an additional 2,620 shares during the last quarter. Jefferies Financial Group Inc. purchased a new stake in shares of Insight Enterprises during the first quarter valued at $396,000. Finally, Charles Schwab Investment Management Inc. lifted its position in Insight Enterprises by 1.1% during the first quarter. Charles Schwab Investment Management Inc. now owns 368,502 shares of the software maker’s stock valued at $55,272,000 after purchasing an additional 3,866 shares during the period.

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.