Insight Enterprises (NSIT) to Release Quarterly Earnings on Thursday

Insight Enterprises (NASDAQ:NSIT) is projected to announce its earnings results before the market opens on Thursday, February 6th. Analysts expect the company to announce earnings of $2.53 per share and revenue of $2.10 billion for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

Insight Enterprises Stock Performance

Shares of NSIT stock opened at $171.45 on Tuesday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.20 and a current ratio of 1.24. Insight Enterprises has a one year low of $146.56 and a one year high of $228.07. The company’s 50-day simple moving average is $160.67 and its 200-day simple moving average is $186.14. The stock has a market capitalization of $5.45 billion, a price-to-earnings ratio of 21.57, a PEG ratio of 1.37 and a beta of 1.42.

Analyst Ratings Changes

A number of research firms recently commented on NSIT. Redburn Atlantic began coverage on shares of Insight Enterprises in a research note on Friday, November 15th. They set a “buy” rating and a $220.00 price objective on the stock. Barrington Research reduced their target price on shares of Insight Enterprises from $225.00 to $205.00 and set an “outperform” rating for the company in a report on Monday, November 4th. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target 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.