Insight Enterprises (NASDAQ:NSIT) Issues FY 2025 Earnings Guidance

Insight Enterprises (NASDAQ:NSIT) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 9.700-10.10 for the period, compared to the consensus estimate of 9.822. The company issued revenue guidance of -.

Analyst Ratings Changes

A number of brokerages have recently commented on NSIT. Barrington Research reaffirmed an “outperform” rating and set a $164.00 price objective on shares of Insight Enterprises in a research note on Monday, July 21st. JPMorgan Chase & Co. increased their price target on shares of Insight Enterprises from $152.00 to $165.00 and gave the stock a “neutral” rating in a report on Thursday, July 17th.

Insight Enterprises Price Performance

Shares of Insight Enterprises stock opened at $120.40 on Friday. The firm has a market cap of $3.84 billion, a PE ratio of 28.74, a P/E/G ratio of 1.09 and a beta of 1.20. Insight Enterprises has a twelve month low of $118.30 and a twelve month high of $225.38. The company has a quick ratio of 1.19, a current ratio of 1.29 and a debt-to-equity ratio of 0.83. The business has a 50-day moving average price of $136.99 and a 200 day moving average price of $145.80.

Insight Enterprises (NASDAQ:NSIT) last issued its quarterly earnings data on Thursday, July 31st. The software maker reported $2.45 EPS for the quarter, missing the consensus estimate of $2.49 by ($0.04). The business had revenue of $2.09 billion during the quarter, compared to analyst estimates of $2.15 billion. Insight Enterprises had a net margin of 1.79% and a return on equity of 18.68%. The firm’s revenue for the quarter was down 3.3% on a year-over-year basis. During the same period in the previous year, the business posted $2.46 earnings per share. Sell-side analysts predict that Insight Enterprises will post 9.89 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Insight Enterprises

A number of institutional investors have recently added to or reduced their stakes in the stock. Royal Bank of Canada boosted its holdings in Insight Enterprises by 684.8% in the 1st quarter. Royal Bank of Canada now owns 24,422 shares of the software maker’s stock worth $3,664,000 after buying an additional 21,310 shares during the last quarter. AQR Capital Management LLC raised its holdings in shares of Insight Enterprises by 39.7% during the first quarter. AQR Capital Management LLC now owns 15,097 shares of the software maker’s stock valued at $2,264,000 after acquiring an additional 4,293 shares during the last quarter. Integrated Wealth Concepts LLC purchased a new position in shares of Insight Enterprises in the first quarter valued at approximately $221,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of Insight Enterprises by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,216 shares of the software maker’s stock worth $2,432,000 after acquiring an additional 714 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of Insight Enterprises by 5.3% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 74,259 shares of the software maker’s stock worth $11,138,000 after acquiring an additional 3,722 shares during the last quarter.

Insight Enterprises Company Profile

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.