Insight Enterprises, Inc. (NSIT) Analysts See $0.68 EPS

October 13, 2017 - By Winifred Garcia

 Insight Enterprises, Inc. (NSIT) Analysts See $0.68 EPS
Investors sentiment increased to 1.37 in 2017 Q2. Its up 0.11, from 1.26 in 2017Q1. It is positive, as 22 investors sold Insight Enterprises, Inc. shares while 56 reduced holdings. 30 funds opened positions while 77 raised stakes. 34.22 million shares or 0.59% less from 34.42 million shares in 2017Q1 were reported.
97,472 were accumulated by Morgan Stanley. Moreover, Cornerstone Ltd Liability has 0.03% invested in Insight Enterprises, Inc. (NASDAQ:NSIT) for 98,774 shares. Pub Employees Retirement Association Of Colorado, Colorado-based fund reported 7,679 shares. Panagora Asset Mgmt holds 0.06% of its portfolio in Insight Enterprises, Inc. (NASDAQ:NSIT) for 371,913 shares. Capstone Asset Mngmt holds 0.01% or 12,413 shares. Wedge Management L Limited Partnership Nc has 0.11% invested in Insight Enterprises, Inc. (NASDAQ:NSIT). Rhumbline Advisers holds 0.01% or 74,461 shares in its portfolio. Deutsche Bancorp Ag owns 0.01% invested in Insight Enterprises, Inc. (NASDAQ:NSIT) for 303,347 shares. Jacobs Levy Equity Management has invested 0.13% in Insight Enterprises, Inc. (NASDAQ:NSIT). New York-based Bank & Trust Of Mellon has invested 0.01% in Insight Enterprises, Inc. (NASDAQ:NSIT). State Board Of Administration Of Florida Retirement Systems holds 0.01% or 59,149 shares in its portfolio. Bancorporation Of America De has 0% invested in Insight Enterprises, Inc. (NASDAQ:NSIT) for 118,296 shares. The Missouri-based Piermont Mgmt has invested 0.97% in Insight Enterprises, Inc. (NASDAQ:NSIT). Art Advsr Ltd Liability holds 0.02% or 10,500 shares in its portfolio. Moreover, First Advisors Lp has 0% invested in Insight Enterprises, Inc. (NASDAQ:NSIT).

Since May 23, 2017, it had 0 insider buys, and 1 sale for $165,732 activity.

Analysts await Insight Enterprises, Inc. (NASDAQ:NSIT) to report earnings on October, 26. They expect $0.68 earnings per share, up 9.68 % or $0.06 from last year’s $0.62 per share. NSIT’s profit will be $24.32 million for 16.65 P/E if the $0.68 EPS becomes a reality. After $1.14 actual earnings per share reported by Insight Enterprises, Inc. for the previous quarter, Wall Street now forecasts -40.35 % negative EPS growth. The stock increased 1.66% or $0.74 during the last trading session, reaching $45.3. About 220,787 shares traded or 33.79% up from the average. Insight Enterprises, Inc. (NASDAQ:NSIT) has risen 67.61% since October 13, 2016 and is uptrending. It has outperformed by 50.91% the S&P500.

Insight Enterprises, Inc. (NASDAQ:NSIT) Ratings Coverage

Among 4 analysts covering Insight Enterprises (NASDAQ:NSIT), 1 have Buy rating, 2 Sell and 1 Hold. Therefore 25% are positive. Insight Enterprises had 7 analyst reports since August 28, 2015 according to SRatingsIntel. Zacks upgraded the shares of NSIT in report on Friday, August 28 to “Sell” rating. The firm earned “Buy” rating on Thursday, August 3 by B. Riley & Co. The stock of Insight Enterprises, Inc. (NASDAQ:NSIT) has “Hold” rating given on Sunday, September 10 by Stifel Nicolaus. The company was downgraded on Thursday, August 4 by Raymond James. The company was downgraded on Thursday, January 12 by Raymond James. The stock has “Hold” rating by Stifel Nicolaus on Sunday, August 6.

Insight Enterprises, Inc. is engaged in providing information technology hardware, software, and cloud and service solutions to business, government, healthcare and educational clients. The company has market cap of $1.62 billion. The Firm operates through three divisions: North America, EMEA and APAC. It has a 16.86 P/E ratio. North America comprises the United States and Canada; EMEA comprises Europe, the Middle East and Africa, and APAC comprises Asia Pacific.

More news for Insight Enterprises, Inc. (NASDAQ:NSIT) were recently published by: Zacks.com, which released: “Is Insight Enterprises (NSIT) a Great Stock for Value Investors?” on September 14, 2017. Globenewswire.com‘s article titled: “Insight Enterprises, Inc. Reports Record Second Quarter 2017 Results” and published on August 02, 2017 is yet another important article.

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