Insight Enterprises (NSIT) Getting Somewhat Positive Press Coverage, Report Shows

News stories about Insight Enterprises (NASDAQ:NSIT) have been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies negative and positive media coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Insight Enterprises earned a news sentiment score of 0.24 on Accern’s scale. Accern also assigned media coverage about the software maker an impact score of 46.4972091574113 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

Insight Enterprises (NASDAQ NSIT) opened at $38.61 on Monday. The stock has a market capitalization of $1,381.93, a PE ratio of 14.30 and a beta of 1.56. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.59 and a current ratio of 1.84. Insight Enterprises has a 1-year low of $35.26 and a 1-year high of $53.19.

Insight Enterprises (NASDAQ:NSIT) last released its earnings results on Tuesday, November 7th. The software maker reported $0.73 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.68 by $0.05. The firm had revenue of $1.76 billion during the quarter, compared to analysts’ expectations of $1.59 billion. Insight Enterprises had a return on equity of 14.90% and a net margin of 1.53%. The company’s revenue was up 26.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.62 EPS. equities analysts forecast that Insight Enterprises will post 3.22 earnings per share for the current year.

NSIT has been the topic of several research analyst reports. ValuEngine downgraded Insight Enterprises from a “buy” rating to a “hold” rating in a research note on Sunday, December 31st. B. Riley reaffirmed a “buy” rating and set 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 raised Insight Enterprises from a “hold” rating to a “buy” rating and set a $43.00 price objective on the stock in a research note on Wednesday, January 3rd. Finally, BidaskClub downgraded Insight Enterprises from a “sell” rating to a “strong sell” rating in a research note on Tuesday, December 12th. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $48.00.

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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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