Insight Enterprises Inc. [NSIT] stock is trading at $205.03, up 1.77%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The NSIT shares have gain 4.43% over the last week, with a monthly amount drifted -0.85%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Insight Enterprises Inc. [NASDAQ: NSIT] stock has seen the most recent analyst activity on April 12, 2023, when Stifel downgraded its rating to a Hold but kept the price target unchanged to $150 for it. Previously, Sidoti downgraded its rating to Neutral on February 06, 2023, and kept the price target unchanged to $127. On July 14, 2022, JP Morgan initiated with a Neutral rating and assigned a price target of $98 on the stock. JP Morgan downgraded its rating to a Neutral but stick to its price target of $106 on June 16, 2021. Barrington Research initiated its recommendation with a Outperform and recommended $68 as its price target on September 24, 2020. Stifel upgraded its rating to Buy for this stock on July 17, 2020, and upped its price target to $60. In a note dated November 08, 2018, B. Riley FBR reiterated an Buy rating on this stock and revised its target price from $61 to $59.
Insight Enterprises Inc. [NSIT] stock has fluctuated between $131.59 and $212.44 over the past year. Currently, Wall Street analysts expect the stock to reach $225 within the next 12 months. Insight Enterprises Inc. [NASDAQ: NSIT] shares were valued at $205.03 at the most recent close of the market. An investor can expect a potential return of 9.74% based on the average NSIT price forecast.
Analyzing the NSIT fundamentals
Insight Enterprises Inc. [NASDAQ:NSIT] reported sales of 9.23B for the trailing twelve months, which represents a growth of 2.39%. Gross Profit Margin for this corporation currently stands at 0.19% with Operating Profit Margin at 0.05%, Pretax Profit Margin comes in at 0.04%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.18 and Total Capital is 0.15. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.63.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 202.58 points at the first support level, and at 200.13 for the second support level. However, for the 1st resistance point, the stock is sitting at 206.36, and for the 2nd resistance point, it is at 207.69.
Ratios To Look Out For
For context, Insight Enterprises Inc.’s Current Ratio is 1.27. Further, the Quick Ratio stands at 1.22, while the Cash Ratio is 0.11. Considering the valuation of this stock, the price to sales ratio is 0.72, the price to book ratio is 3.80 and price to earnings (TTM) ratio is 25.78.
Transactions by insiders
Recent insider trading involved PUSHOR KATHLEEN S, Director, that happened on May 30 ’24 when 1329.0 shares were sold. Director, ValueAct Holdings, L.P. completed a deal on May 29 ’24 to sell 0.45 million shares. Meanwhile, President, EMEA Gregory Adrian P sold 2750.0 shares on May 29 ’24.
