At the time of writing, Insight Enterprises Inc. [NSIT] stock is trading at $212.71, up 0.25%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The NSIT shares have gain 7.02% over the last week, with a monthly amount glided 4.24%, and 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.
For the past year, the stock price of Insight Enterprises Inc. fluctuated between $139.34 and $228.07. Currently, Wall Street analysts expect the stock to reach $212.5 within the next 12 months. Insight Enterprises Inc. [NASDAQ: NSIT] shares were valued at $212.71 at the most recent close of the market. An investor can expect a potential drop of -0.1% based on the average NSIT price forecast.
Analyzing the NSIT fundamentals
According to Insight Enterprises Inc. [NASDAQ:NSIT], the company’s sales were 9.04B for trailing twelve months, which represents an -8.00% plunge. Gross Profit Margin for this corporation currently stands at 0.19% with Operating Profit Margin at 0.05%, Pretax Profit Margin comes in at 0.05%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.18 and Total Capital is 0.13. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.66.
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 209.68 points at the first support level, and at 206.65 for the second support level. However, for the 1st resistance point, the stock is sitting at 215.47, and for the 2nd resistance point, it is at 218.23.
Ratios To Look Out For
It is important to note that Insight Enterprises Inc. [NASDAQ:NSIT] has a current ratio of 1.22. As well, the Quick Ratio is 1.19, while the Cash Ratio is 0.06. Considering the valuation of this stock, the price to sales ratio is 0.77, the price to book ratio is 3.75 and price to earnings (TTM) ratio is 26.44.
Transactions by insiders
Recent insider trading involved Vasin Jennifer M, Chief Human Resources Officer, that happened on Aug 19 ’24 when 739.0 shares were sold. Officer, Vasin Jennifer M completed a deal on Aug 16 ’24 to buy 739.0 shares. Meanwhile, Director PUSHOR KATHLEEN S sold 1329.0 shares on May 30 ’24.
