NSIT - Insight Enterprises, Inc.
| Previous Close | 56.67 |
| Open | 56.58 |
| Bid | 0.00 x 1100 |
| Ask | 0.00 x 1200 |
| Day's Range | 56.58 - 57.93 |
| 52 Week Range | 37.77 - 60.10 |
| Volume | 295,001 |
| Avg. Volume | 310,269 |
| Market Cap | 2.06B |
| Beta (3Y Monthly) | 1.48 |
| PE Ratio (TTM) | 12.30 |
| EPS (TTM) | 4.68 |
| Earnings Date | Nov 5, 2019 - Nov 11, 2019 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 69.00 |
- Zacks
Should Value Investors Buy Insight Enterprises (NSIT) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- TipRanks
3 Under-the-Radar Tech Stocks With Over 30% Upside
Tech stocks are doing great in 2019. According to the latest data from Fidelity Investments, year to date, tech stocks have surged 30%, beating out real estate stocks (26%), utilities (21%), and communications services stocks (20%), too. Of course, there's a downside to such outsize performance: It's getting hard to find good tech stocks that haven't already gone up -- ones that still have the potential to grow. But "hard" isn't the same as impossible.Utilizing TipRanks' Stock Screener, we recently ran a search for "buy" rated tech stocks on Wall Street, focusing on lesser-known names that haven't yet run up in price -- and having analyst price targets suggesting the potential to grow 30% (or more) over the next 12 months.Insight Enterprises (NSIT)Based out of Tempe, Arizona, Insight Enterprises produces information technology hardware, software, and services solutions for companies and government entities around the world. Insight stock has performed well this year -- better than average, in fact -- yet still sells for a very attractive P/E ratio of just 12 times trailing earnings.And in a note last month, J.P. Morgan analyst Paul Coster predicted the company's run isn't yet done. Calling Insight "a low-risk investment idea for investors that seek exposure to overall growth in IT spending, and who look for leverage from a company that is a serial acquirer in the space, and who want to avoid technology-specific risk," Coster initiated coverage of the stock with an "overweight" rating. (To watch Coster's track record, click here)Insight, argues the analyst, "is an established leader in a very large, fragmented market." Despite pulling down $7 billion in sales over the past year, Coster notes that the company has captured less than 1% of the $680 billion global IT market, and still has "plenty of opportunity ... to grow faster than the market, by gaining share, entering new geographies and verticals, by focusing on growth vectors such as mobility, cloud, AI." And even if the company just grows its sales at 2% annually over the next three years, he thinks this should translate into 11% annualized earnings growth -- plenty to justify a 12x P/E ratio.Aside from Coster, NSIT has only received one other analyst rating in the last three months. Five-star B.Riley FBR analyst Marc Wiesenberger reiterated a "buy" rating on the stock with a relatively bullish $79 price target. The average price target among these two analysts stands at $73.50, which implies about 32% from current levels. (See NSIT stock analysis on TipRanks)Cohu, Inc (COHU)In contrast to Insight's story of continuing success, semiconductor testing equipment producer Cohu is more a tale of a stock bouncing back -- from a 34% slump in share price over the last year.Cohu, you see, has come upon hard times, lowering guidance last quarter and booking its first loss in five years last year after taking more than $50 million in charges to earnings for restructuring costs. Despite those non-cash charges, though, Cohu is a company still generating plenty of cash -- more than $29 million last year in fact.5-star Craig-Hallum analyst Christian Schwab blames the U.S.-China trade war for much of Cohu's problems, predicting that a return to growth is only a matter of time. Why?"The automotive market should see growth from expanding electrification, advanced driver-assistance systems (ADAS), and longer term, autonomous driving," says Schwab. And "Cohu's ~70% share in RF power amplifier testing should see growth as phones migrate to 5G" over the next couple of years -- with China or without it. Furthermore, while the restructuring charges were a downer, Schwab points out that Cohu has "aggressively right-sized the cost structure" of its business, and with costs under control, profits should return in short order.Fixing his price target at $20 per share, Schwab thinks Cohu stock should be good for a 40% -- or more -- profit over the next year.We can see from TipRanks that Cohu has regained its “Strong Buy” rating. Overall, in the last three months, the stock has received 3 "buy" ratings. Based on these ratings, the average $19.33 price target on COHU translates into upside of over 40% from the current share price. (See COHU stock analysis on TipRanks)Synchronoss Technologies (SNCR)Last but not least, we come to tiny, Synchronoss Technologies, a player in all things "Internet of Things."Synchronoss stock has taken quite a tumble since missing sales estimates back in August, with its stock falling 37% in just two months. And yet, this steep fall soon caught the eye of 5-star Canaccord analyst Michael Walkley, who initiated coverage of Synchronoss stock with a "buy" rating.What about this fallen star attracted Walkley's attention? "Following a tumultuous period under prior management," says the analyst, "the new management team has spent the last ~1.5 years successfully stabilizing and refocusing the business, driving a return to topline growth, expanding margins, and improving the balance sheet."Synchronoss succeeded in cutting costs last year while meeting its revenue targets, and Walkley believes that despite the miss last quarter, the company is "on track to meet or exceed their 2019 guidance" as well.Profits may be negative at Synchronoss right now, but free cash flow is firmly positive with nearly $46 million produced over the last 12 months. At a price-to-free cash flow ratio of less than 5.5, even the 10% annualized earnings growth rate that analysts on average are predicting could be more than enough to make this stock a winner.Indeed, with consensus price targets -- including Walkley's -- calling for Synchronoss stock to tip the scales at $13 a share within a year, this stock could literally double. (See Synchronoss stock analysis on TipRanks)
- Zacks
Is Insight Enterprises (NSIT) Stock Outpacing Its Retail-Wholesale Peers This Year?
Is (NSIT) Outperforming Other Retail-Wholesale Stocks This Year?
- Zacks
Is Insight Enterprises (NSIT) Stock a Solid Choice Right Now?
Insight Enterprises (NSIT) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
- Simply Wall St.
Looking At Insight Enterprises, Inc. (NASDAQ:NSIT) From All Angles
Building up an investment case requires looking at a stock holistically. Today I've chosen to put the spotlight on...
- Zacks
Is Insight Enterprises (NSIT) Stock Undervalued Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- Business Wire
Insight Enterprises to Host Investor Day on October 16, 2019
Insight Enterprises today announced that it will host its 2019 Investor Day on October 16, 2019 at the Westin New York at Times Square.
- Business Wire
Insight Accelerates Client IT Transformation Initiatives with Expanded IT Asset Discovery Capabilities
Insight Enterprises (NSIT), the global systems integrator of Insight Intelligent Technology Solutions™ for organizations of all sizes, today announced that its Cloud + Data Center Transformation (CDCT) solution area has slashed weeks or even months off IT transformation projects by improving both the speed and the quality of the IT asset discovery process. Insight-led IT transformation services are now facilitated by a new SnapStart tool that inventories and maps IT infrastructure, assets, applications and related dependencies up to 20 times faster than commercial off-the-shelf solutions, shortening the total turnaround time for data platform modernization, cloud, migration and other major data center initiatives.
- Zacks
Top Ranked Momentum Stocks to Buy for September 24th
Top Ranked Momentum Stocks to Buy for September 24th
- Simply Wall St.
At US$51.59, Is It Time To Put Insight Enterprises, Inc. (NASDAQ:NSIT) On Your Watch List?
Insight Enterprises, Inc. (NASDAQ:NSIT), which is in the electronic business, and is based in United States, saw a...
- Business Wire
Insight Introduces Super Solution Integrator Concept to Simplify Digital Transformation
Faced with a competitive business environment, organizations are and should be focused on increasing efficiency, building a modern workplace to attract and retain the best talent, and engaging customers on a deeper level. Often, this requires large-scale, transformative IT solutions driven by advanced technologies such as big-data analytics, Artificial Intelligence (AI), the cloud, the Internet of Things (IoT) and smart edge. Insight Enterprises (NSIT) today released a whitepaper on the concept of the “Super Solution Integrator” as a response to how businesses are juggling resources to realize successful digital transformation.
- Business Wire
Insight Brings Agile Approach to Transformation Services
When Insight Enterprises (NSIT) acquired Cardinal Solutions in 2018, the global integrator of Insight Intelligent Technology Solutions™ for organizations of all sizes gained Transformation Services to help clients achieve greater technological agility. In doing so, Insight applies the Scrum framework to improve product and service development, which is increasingly important as many organizations make digital transformation a business priority.
- PR Newswire
B. Riley Serves as Exclusive Sell-Side Advisor to PCM on its $581 Million Sale to Insight Enterprises
LOS ANGELES , Sept. 3, 2019 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley") today announced its investment banking subsidiary, B. Riley FBR, Inc., served as exclusive financial ...
- Simply Wall St.
Insight Enterprises (NASDAQ:NSIT) Seems To Use Debt Quite Sensibly
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
- Zacks
Insight Sees Hammer Chart Pattern: Time to Buy?
Insight Enterprises has been struggling lately, but the selling pressure may be coming to an end soon.
