ePlus (NASDAQ:PLUS) Issues Quarterly Earnings Results

ePlus (NASDAQ:PLUS) released its earnings results on Wednesday. The software maker reported $0.91 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.28 by ($0.37), Zacks reports. ePlus had a net margin of 5.08% and a return on equity of 11.83%. ePlus updated its FY 2025 guidance to EPS.

ePlus Stock Down 13.1 %

ePlus stock opened at $70.29 on Friday. ePlus has a twelve month low of $56.33 and a twelve month high of $106.98. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.71 and a current ratio of 1.85. The firm has a market cap of $1.88 billion, a PE ratio of 17.44, a P/E/G ratio of 1.82 and a beta of 1.10. The firm’s 50 day moving average price is $77.83 and its two-hundred day moving average price is $86.96.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded ePlus from a “buy” rating to a “hold” rating in a research note on Friday, November 15th.

ePlus Company Profile

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 through two segments, Technology and Financing. The Technology segment offers hardware, perpetual and subscription software, maintenance, software assurance, and internally provided and outsourced services; managed services or infrastructure and cloud; and enhanced maintenance support, service desk, storage-as-a-service, cloud hosted and managed, and managed security services; and professional, staff augmentation, cloud consulting, consulting, and security services.