B.Riley FBR analyst Marc Wiesenberger reiterated a Buy rating on Insight Enterprises (NASDAQ:NSIT) on Thursday, setting a price target of $63.5, which is approximately 23.56% above the present share price of $51.39.
Wiesenberger expects Insight Enterprises to post earnings per share (EPS) of $0.96 for the second quarter of 2020.
The current consensus among 2 TipRanks analysts is for a Moderate Buy rating of shares in Insight Enterprises, with an average price target of $59.25.
The analysts price targets range from a high of $63.5 to a low of $55.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $2.14 billion and a net profit of $56.47 million. The company's market cap is $1.85 billion.
According to TipRanks.com, B.Riley FBR analyst Marc Wiesenberger is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 38.2% and a 64.15% success rate.
Insight Enterprises, Inc. is a global information technology, which engages in the provision of helping businesses of all sizes, government organizations, and healthcare and educational institutions. It operates through the following geographical segments: North America; Europe, the Middle East and Africa; and Asia-Pacific. The company was founded by Eric J. Crown and Timothy A. Crown in 1988 and is headquartered in Tempe, AZ.