BidaskClub upgraded shares of Insight Enterprises (NASDAQ:NSIT) from a buy rating to a strong-buy rating in a report issued on Saturday morning, BidAskClub reports.

A number of other brokerages have also commented on NSIT. Zacks Investment Research raised shares of Insight Enterprises from a hold rating to a strong-buy rating and set a $62.00 price target on the stock in a report on Tuesday, February 19th. ValuEngine raised shares of Insight Enterprises from a sell rating to a hold rating in a report on Wednesday, January 2nd.

Shares of NASDAQ:NSIT opened at $58.24 on Friday. The firm has a market capitalization of $2.10 billion, a PE ratio of 12.58 and a beta of 1.17. Insight Enterprises has a one year low of $34.26 and a one year high of $59.66. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.43 and a current ratio of 1.52.

Insight Enterprises (NASDAQ:NSIT) last issued its quarterly earnings results on Thursday, February 14th. The software maker reported $1.32 EPS for the quarter, topping the Zacks’ consensus estimate of $1.12 by $0.20. The firm had revenue of $1.75 billion for the quarter, compared to analyst estimates of $1.76 billion. Insight Enterprises had a net margin of 2.30% and a return on equity of 17.90%. The business’s revenue for the quarter was down 2.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.81 EPS. Research analysts expect that Insight Enterprises will post 4.78 EPS for the current fiscal year.

Hedge funds have recently added to or reduced their stakes in the stock. NumerixS Investment Technologies Inc bought a new position in shares of Insight Enterprises during the 4th quarter valued at $40,000. Sun Life Financial INC bought a new position in shares of Insight Enterprises during the 4th quarter valued at $65,000. Quantamental Technologies LLC bought a new position in shares of Insight Enterprises during the 4th quarter valued at $137,000. Campbell & CO Investment Adviser LLC grew its holdings in shares of Insight Enterprises by 16.9% during the 4th quarter. Campbell & CO Investment Adviser LLC now owns 5,162 shares of the software maker’s stock valued at $233,000 after purchasing an additional 745 shares during the last quarter. Finally, Amalgamated Bank grew its holdings in shares of Insight Enterprises by 27.4% during the 4th quarter. Amalgamated Bank now owns 5,220 shares of the software maker’s stock valued at $213,000 after purchasing an additional 1,122 shares during the last quarter. 99.67% of the stock is currently owned by institutional investors.

Insight Enterprises Company Profile

Insight Enterprises, Inc provides information technology (IT) hardware, software, and service solutions for small and medium sized firms, enterprises, governments, schools, and health care organizations in the United States, Canada, Europe, the Middle East, Africa, and the Asia-Pacific. It sources, stages, configures, integrates, tests, deploys, and maintains its products spanning endpoints to infrastructure; and provides infrastructure management solutions.

Featured Article: Benefits of owning preferred stock

Receive News & Ratings for Insight Enterprises Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Insight Enterprises and related companies with MarketBeat.com's FREE daily email newsletter.