ePlus (PLUS) Scheduled to Post Earnings on Tuesday

ePlus (NASDAQ:PLUS) is scheduled to be posting its quarterly earnings results after the market closes on Tuesday, August 6th. Analysts expect ePlus to post earnings of $1.05 per share for the quarter. ePlus has set its FY 2025 guidance at EPS.

ePlus (NASDAQ:PLUS) last posted its earnings results on Wednesday, May 22nd. The software maker reported $0.82 earnings per share for the quarter, missing the consensus estimate of $1.08 by ($0.26). ePlus had a net margin of 5.20% and a return on equity of 13.47%. The business had revenue of $554.46 million for the quarter, compared to analysts’ expectations of $553.05 million. On average, analysts expect ePlus to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

ePlus Price Performance

NASDAQ:PLUS traded down $1.06 during mid-day trading on Wednesday, hitting $90.36. 4,873 shares of the company’s stock traded hands, compared to its average volume of 202,633. The company has a market cap of $2.40 billion, a PE ratio of 21.11, a price-to-earnings-growth ratio of 1.36 and a beta of 1.10. ePlus has a 1 year low of $53.53 and a 1 year high of $92.27. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.73 and a current ratio of 1.94. The firm’s 50 day simple moving average is $76.98 and its 200 day simple moving average is $77.63.

Analyst Upgrades and Downgrades

Separately, Stifel Nicolaus lifted their price target on shares of ePlus from $80.00 to $90.00 and gave the stock a “hold” rating in a report on Thursday, May 23rd.

Insider Activity at ePlus

In related news, CFO Elaine D. Marion sold 5,000 shares of the company’s stock in a transaction on Monday, June 17th. The shares were sold at an average price of $73.45, for a total value of $367,250.00. Following the sale, the chief financial officer now directly owns 53,996 shares of the company’s stock, valued at $3,966,006.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In other ePlus news, CFO Elaine D. Marion sold 5,000 shares of the business’s stock in a transaction on Monday, June 17th. The shares were sold at an average price of $73.45, for a total transaction of $367,250.00. Following the completion of the sale, the chief financial officer now owns 53,996 shares in the company, valued at $3,966,006.20. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, COO Darren S. Raiguel sold 4,833 shares of the business’s stock in a transaction on Monday, May 20th. The shares were sold at an average price of $80.37, for a total transaction of $388,428.21. Following the sale, the chief operating officer now owns 33,290 shares of the company’s stock, valued at approximately $2,675,517.30. The disclosure for this sale can be found here. 2.41% of the stock is currently owned by corporate insiders.

About ePlus

ePlus inc., together with its subsidiaries, provides information technology (IT) solutions that enable organizations to optimize their IT environment and supply chain processes in the United States and internationally. It operates in two segments, Technology and Financing. The Technology segment offers hardware, perpetual and subscription software, maintenance, software assurance, and internally provided and outsourced services; and professional and managed services, including managed, professional, security solutions, cloud consulting and hosting, staff augmentation, storage-as-a-service, server and desktop support, and project management services.