Alert: Negative Investment/Fundamental Signals (2/26/24)-Insight Enterprises Inc (NASDAQ: NSIT)

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Significant negative changes in Insight Enterprises Inc (NASDAQ: NSIT) fundamentals have recently occurred: significant quarterly sales deceleration occurred, the consensus estimate for December, 2024 decreased significantly, and the consensus estimate for December, 2025 decreased significantly.

Significant negative changes in investment behavior have recently occurred for Insight Enterprises Inc (NASDAQ: NSIT): negative upside/downside volume developed.

In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.

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Current PriceTarget Research Rating

NSIT’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.

Insight Enterprises has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Insight Enterprises has a slightly negative Appreciation Score of 32 but a very high Power Rating of 89, with the High Neutral Value Trend Rating the result.

Recent Price Action

Insight Enterprises Inc (NASDAQ: NSIT) stock declined slightly by -0.9% on 2/26/24. The stock closed at $183.75. Moreover, trading volume in this decline was above average at 120% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 0.6% during the last week.

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