
ePlus inc. (NASDAQ:PLUS – Free Report) – Research analysts at Sidoti issued their Q1 2028 earnings estimates for ePlus in a report issued on Friday, August 28th. Sidoti analyst G. Burns expects that the software maker will post earnings of $1.28 per share for the quarter. The consensus estimate for ePlus’ current full-year earnings is $4.86 per share. Sidoti also issued estimates for ePlus’ Q3 2028 earnings at $1.59 EPS and Q4 2028 earnings at $1.26 EPS.
Other equities analysts also recently issued reports about the stock. Zacks Research upgraded shares of ePlus from a “strong sell” rating to a “hold” rating in a report on Friday, July 31st. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of ePlus in a research note on Friday, July 10th. Two investment analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company has a consensus rating of “Hold”.
ePlus Trading Up 0.8%
ePlus stock opened at $87.97 on Tuesday. ePlus has a 12-month low of $69.07 and a 12-month high of $98.14. The firm has a 50-day moving average price of $87.32 and a 200-day moving average price of $83.51. The firm has a market capitalization of $2.30 billion, a PE ratio of 19.25, a price-to-earnings-growth ratio of 1.12 and a beta of 1.00.
ePlus (NASDAQ:PLUS – Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The software maker reported $1.28 earnings per share for the quarter, beating analysts’ consensus estimates of $1.19 by $0.09. ePlus had a net margin of 4.91% and a return on equity of 11.51%. The business had revenue of $649.11 million for the quarter, compared to analysts’ expectations of $639.95 million.
ePlus Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 16th. Stockholders of record on Tuesday, August 25th will be issued a $0.27 dividend. The ex-dividend date is Tuesday, August 25th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.2%. ePlus’s dividend payout ratio is presently 23.63%.
Insider Buying and Selling
In other ePlus news, Director John E. Callies sold 500 shares of the business’s stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $88.09, for a total value of $44,045.00. Following the completion of the sale, the director directly owned 20,648 shares of the company’s stock, valued at $1,818,882.32. The trade was a 2.36% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Elaine D. Marion sold 5,514 shares of the company’s stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $96.41, for a total transaction of $531,604.74. Following the completion of the transaction, the chief financial officer owned 84,259 shares in the company, valued at $8,123,410.19. This represents a 6.14% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 13,700 shares of company stock valued at $1,301,128 in the last 90 days. Company insiders own 2.20% of the company’s stock.
Institutional Trading of ePlus
A number of large investors have recently modified their holdings of PLUS. Amundi raised its position in ePlus by 333.0% during the 1st quarter. Amundi now owns 5,361 shares of the software maker’s stock valued at $313,000 after purchasing an additional 4,123 shares in the last quarter. AQR Capital Management LLC grew its position in shares of ePlus by 20.4% during the 1st quarter. AQR Capital Management LLC now owns 45,612 shares of the software maker’s stock worth $2,784,000 after buying an additional 7,742 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of ePlus by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,666 shares of the software maker’s stock valued at $956,000 after buying an additional 687 shares during the period. Millennium Management LLC increased its stake in shares of ePlus by 103.1% during the first quarter. Millennium Management LLC now owns 226,399 shares of the software maker’s stock valued at $13,817,000 after buying an additional 114,900 shares during the period. Finally, Jones Financial Companies Lllp raised its holdings in shares of ePlus by 628.3% in the first quarter. Jones Financial Companies Lllp now owns 3,066 shares of the software maker’s stock valued at $187,000 after acquiring an additional 2,645 shares in the last quarter. Hedge funds and other institutional investors own 93.80% of the company’s stock.
ePlus Company Profile
ePlus Inc (NASDAQ:PLUS) is a technology solutions provider that helps enterprises and public-sector organizations maximize the value of their information technology investments. The company specializes in designing, implementing and managing complex IT infrastructures, with a focus on security, cloud computing, data center modernization and unified communications. By combining consulting services with software license management and hardware procurement, ePlus delivers end-to-end solutions that align with its clients’ strategic objectives.
The company’s offerings include cybersecurity assessments and managed security services, hybrid and public cloud deployments, network architecture and optimization, and collaboration platforms.
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