At the time of writing, Insight Enterprises Inc [NSIT] stock is trading at $157.57, up 4.12%. An important factor to consider is whether the stock is rising or falling in short-term value. The NSIT shares have lost -3.32% over the last week, with a monthly amount glided 5.32%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Insight Enterprises Inc [NASDAQ: NSIT] stock has seen the most recent analyst activity on November 15, 2024, when Redburn Atlantic initiated its Buy rating and assigned the stock a price target of $220. Previously, Stifel downgraded its rating to Hold on April 12, 2023, and kept the price target unchanged to $150. On February 06, 2023, downgrade downgraded it’s rating to Neutral but maintained its price target of $127 on the stock. JP Morgan started tracking the stock assigning a Neutral rating and suggested a price target of $98 on July 14, 2022. JP Morgan downgraded its rating to a Neutral but $106 remained the price target by the analyst firm on June 16, 2021. Barrington Research started tracking with a Outperform rating for this stock on September 24, 2020, and assigned it a price target of $68. In a note dated July 17, 2020, Stifel upgraded an Buy rating on this stock and boosted its target price from $55 to $60.
For the past year, the stock price of Insight Enterprises Inc fluctuated between $146.56 and $228.07. Currently, Wall Street analysts expect the stock to reach $200 within the next 12 months. Insight Enterprises Inc [NASDAQ: NSIT] shares were valued at $157.57 at the most recent close of the market. An investor can expect a potential return of 26.93% based on the average NSIT price forecast.
Analyzing the NSIT fundamentals
According to Insight Enterprises Inc [NASDAQ:NSIT], the company’s sales were 8.87B for trailing twelve months, which represents an -7.87% plunge. Gross Profit Margin for this corporation currently stands at 0.2% 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 0.17 and Total Capital is 0.13. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.75.
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 152.39 points at the first support level, and at 147.20 for the second support level. However, for the 1st resistance point, the stock is sitting at 160.58, and for the 2nd resistance point, it is at 163.58.
Ratios To Look Out For
It is important to note that Insight Enterprises Inc [NASDAQ:NSIT] has a current ratio of 1.24. On the other hand, the Quick Ratio is 1.20, and the Cash Ratio is 0.08. Considering the valuation of this stock, the price to sales ratio is 0.56, the price to book ratio is 2.83 and price to earnings (TTM) ratio is 19.83.
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.
