Insight Enterprises (NASDAQ:NSIT) Posts Earnings Results, Beats Expectations By $0.13 EPS

Insight Enterprises (NASDAQ:NSIT) announced its quarterly earnings results on Thursday. The software maker reported $2.66 EPS for the quarter, topping analysts’ consensus estimates of $2.53 by $0.13, RTT News reports. Insight Enterprises had a net margin of 3.42% and a return on equity of 19.71%. During the same period last year, the firm earned $2.98 earnings per share. Insight Enterprises updated its FY 2025 guidance to 9.700-10.100 EPS.

Insight Enterprises Stock Performance

Insight Enterprises stock traded down $1.17 during trading on Friday, reaching $168.13. The company had a trading volume of 61,167 shares, compared to its average volume of 373,610. The firm’s 50-day simple moving average is $161.62 and its 200 day simple moving average is $185.65. Insight Enterprises has a 52 week low of $146.56 and a 52 week high of $228.07. The company has a current ratio of 1.24, a quick ratio of 1.20 and a debt-to-equity ratio of 0.43. The firm has a market capitalization of $5.34 billion, a price-to-earnings ratio of 21.13, a price-to-earnings-growth ratio of 1.37 and a beta of 1.42.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the stock. Barrington Research decreased their target price on shares of Insight Enterprises from $225.00 to $205.00 and set an “outperform” rating for the company in a research note on Monday, November 4th. Redburn Atlantic began coverage on Insight Enterprises in a research report on Friday, November 15th. They set a “buy” rating and a $220.00 price objective for the company. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $212.50.

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.