Insight Enterprises (NSIT) Getting Somewhat Positive Press Coverage, Analysis Finds
News coverage about Insight Enterprises (NASDAQ:NSIT) has trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies negative and positive media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Insight Enterprises earned a news sentiment score of 0.19 on Accern’s scale. Accern also gave media headlines about the software maker an impact score of 45.540094156615 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
NSIT has been the subject of a number of research reports. B. Riley reaffirmed a “buy” rating and issued a $56.00 price objective (up previously from $54.50) on shares of Insight Enterprises in a research note on Wednesday, November 8th. Zacks Investment Research cut shares of Insight Enterprises from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, October 4th. ValuEngine cut shares of Insight Enterprises from a “buy” rating to a “hold” rating in a research note on Wednesday, November 15th. Finally, BidaskClub cut shares of Insight Enterprises from a “sell” rating to a “strong sell” rating in a research note on Tuesday, December 12th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $51.00.
Shares of Insight Enterprises (NASDAQ NSIT) opened at $37.90 on Friday. Insight Enterprises has a 12 month low of $35.26 and a 12 month high of $53.19. The stock has a market cap of $1,351.87, a price-to-earnings ratio of 11.99 and a beta of 1.56. The company has a quick ratio of 1.59, a current ratio of 1.84 and a debt-to-equity ratio of 0.65.
Insight Enterprises (NASDAQ:NSIT) last announced its quarterly earnings data on Tuesday, November 7th. The software maker reported $0.73 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.68 by $0.05. Insight Enterprises had a net margin of 1.53% and a return on equity of 14.90%. The company had revenue of $1.76 billion during the quarter, compared to analysts’ expectations of $1.59 billion. During the same quarter in the prior year, the company earned $0.62 EPS. The firm’s revenue was up 26.2% on a year-over-year basis. analysts forecast that Insight Enterprises will post 3.22 earnings per share for the current fiscal year.
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About Insight Enterprises
Insight Enterprises, Inc is engaged in providing information technology (IT) hardware, software, and cloud and service solutions to business, government, healthcare and educational clients. The Company operates through three segments: North America, EMEA and APAC. North America comprises the United States and Canada; EMEA comprises Europe, the Middle East and Africa, and APAC comprises Asia Pacific.
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