insight enterprises inc (NSIT:NASDAQ GS)
insight enterprises inc (NSIT) Snapshot
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Open
$19.16
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Previous Close
$19.11
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Day High
$19.46
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Day Low
$18.52
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52 Week High
03/19/13 - $21.44
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52 Week Low
06/5/12 - $14.12
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Market Cap
809.5M
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Average Volume 10 Days
253.4K
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EPS TTM
$1.99
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Shares Outstanding
43.5M
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EX-Date
--
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P/E TM
9.3x
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Dividend
--
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Dividend Yield
--
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Related News
insight enterprises inc (NSIT) Related Businessweek News
insight enterprises inc (NSIT) Details
Insight Enterprises, Inc. provides information technology (IT) hardware, software, and service solutions to businesses and public sector clients. The company offers solutions for networking, collaboration, data center, office productivity, data protection, on site programs, managed services. Its hardware offering categories include desktop, notebook, and tablet; networking; server, storage, and power; and print and consumables. The company provides software and licensing technology products for office productivity, virtualization, creativity, and data protection categories. It also offers a suite of consulting, technical, and managed services for planning, deployment, operations, and warranty and maintenance. In addition, the company offers a portfolio of Software Asset Management (SAM) services, including SAM consultation, assessment of ISO standard attainment, and license reconciliations. It has operations in North America, Europe, the Middle East, Africa, and the Asia Pacific. Insight Enterprises, Inc. was founded in 1988 and is headquartered in Tempe, Arizona.
insight enterprises inc (NSIT) Top Compensated Officers
insight enterprises inc (NSIT) Key Developments
Insight Enterprises Inc. announced the expansion of its InsightCloud Solutions Center with the addition of cloud communications solutions from 8x8 Inc. With the addition of 8x8's cloud communications services, Insight clients can now subscribe to: 8x8 Virtual Office - cloud-based hosted PBX and unified communications (UC) solution; 8x8 Virtual Office Pro - cloud-based hosted PBX, unified communications (UC), video conferencing, online meeting & collaboration, call recording and Internet fax solution; 8x8 Virtual Contact Center - full-featured, easy to use hosted call center software solution; 8x8 Virtual Room - device agnostic multi-point cloud video solution.
Insight Enterprises Inc. announced the expansion of its InsightCloud Solutions Center with the addition of cloud communications solutions from 8x8 Inc. 8x8's business VoIP and cloud communications services enable businesses to boost the functionality, flexibility and reach of their communications while significantly reducing upfront capital and ongoing monthly expenditures. The InsightCloud Solutions Center aggregates these cloud-based services and provides a single client portal for ongoing management of subscriptions, features and requirements. With the addition of 8x8's cloud communications services, Insight clients can now subscribe to: 8x8 Virtual Office -- cloud-based hosted PBX and unified communications (UC) solution, 8x8 Virtual Office Pro - cloud-based hosted PBX, unified communications (UC), video conferencing, online meeting & collaboration, call recording and Internet fax solution, 8x8 Virtual Contact Center -- full-featured, easy to use hosted call center software solution, 8x8 Virtual Room -- device agnostic multi-point cloud video solution.
Insight Enterprises Incorporated reported unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company’s consolidated net sales were $1,181,622,000 compared to $1,244,182,000 in the same period last year. Earnings before income taxes was $12,576,000 compared to $27,003,000 in the same period last year. Net earnings were $9,076,000 compared to $17,392,000 in the same period last year. Net earnings per share basic and diluted was $0.20 compared to $0.39 in the same period last year. Net cash provided by operating activities was $16,283,000 compared to $20,440,000 in the same period last year. Purchases of property and equipment was $5,670,000 compared to $7,823,000 in the same period last year. Non-GAAP consolidated net warnings were $10,944,000 compared to $16,614,000 in the same period last year. Non-GAAP consolidated earnings from operations was $10,944,000 compared to $16,614,000 in the same period last year. Non-GAAP consolidated diluted EPS was $0.24 compared to $0.37 in the same period last year. The company now expects diluted earnings per share for the full year of 2013 to be between $1.70 and $1.90. This outlook includes the adverse effect on gross profit of previously announced partner program changes in its software category, which is estimated to be between $8 million and $12 million and an effective tax rate or 36% to 38% for the balance of 2013. This outlook excludes severance and restructuring expenses incurred during 2013. The company is currently expecting net sales for the full year of 2013 will decline slightly from 2012 due primarily to lower spending by large enterprise clients in North America. The company currently expects its second quarter financial results will exhibit similar year-to-year trends as in the first quarter. But that the company will see improved earnings performance in the back half of 2013 as it begins to realize the benefits of its sales and cost control initiatives.
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Industry Analysis
NSIT
Industry Average
| Valuation | NSIT | Industry Range |
| Price/Earnings | 10.2x |
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| Price/Sales | 0.2x |
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| Price/Book | 1.2x |
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| Price/Cash Flow | 9.8x |
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| TEV/Sales | 0.1x |
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