Research Analysts Issue Forecasts for ePlus Q2 Earnings

Key Points

• Sidoti forecasts Q2 2028 EPS of $1.39 for ePlus, compared with a full-year consensus estimate of $4.86 per share.
• ePlus exceeded expectations in its latest quarter, reporting $1.28 EPS versus the $1.19 consensus and revenue of $649.11 million versus the $639.95 million estimate.
• Analyst sentiment remains neutral, with the stock holding an average “Hold” rating; ePlus also announced a quarterly dividend of $0.27 per share, implying a 1.2% yield.

ePlus inc. (NASDAQ:PLUS - Free Report) - Equities research analysts at Sidoti issued their Q2 2028 earnings per share estimates for ePlus in a research report issued to clients and investors on Friday, August 28th. Sidoti analyst G. Burns expects that the software maker will post earnings of $1.39 per share for the quarter. The consensus estimate for ePlus' current full-year earnings is $4.86 per share.

ePlus (NASDAQ:PLUS - Get Free Report) last released its quarterly earnings data on Tuesday, August 4th. The software maker reported $1.28 EPS for the quarter, topping the consensus estimate of $1.19 by $0.09. ePlus had a return on equity of 11.51% and a net margin of 4.91%.The company had revenue of $649.11 million for the quarter, compared to the consensus estimate of $639.95 million.

A number of other brokerages also recently commented on PLUS. Zacks Research upgraded shares of ePlus from a "strong sell" rating to a "hold" rating in a report on Friday, July 31st. Weiss Ratings reiterated a "hold (c+)" rating on shares of ePlus in a research note on Friday, July 10th. Two research analysts have rated the stock with a Hold rating, According to data from MarketBeat, ePlus presently has an average rating of "Hold".

ePlus Price Performance

Shares of PLUS stock opened at $87.28 on Monday. The firm has a market cap of $2.28 billion, a price-to-earnings ratio of 19.10, a PEG ratio of 1.12 and a beta of 1.00. ePlus has a 52-week low of $69.07 and a 52-week high of $98.14. The company's 50 day moving average is $87.14 and its 200 day moving average is $83.50.

ePlus Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 16th. Investors of record on Tuesday, August 25th will be paid a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a yield of 1.2%. The ex-dividend date is Tuesday, August 25th. ePlus's payout ratio is 23.63%.

Insider Activity at ePlus

In other ePlus news, Director John E. Callies sold 500 shares of the stock in a transaction dated Friday, August 14th. The stock was 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 in the company, valued at approximately $1,818,882.32. This trade represents a 2.36% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Elaine D. Marion sold 5,514 shares of the stock in a transaction that occurred on Tuesday, August 4th. The shares were 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 directly owned 84,259 shares of the company's stock, valued at $8,123,410.19. The trade was a 6.14% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 13,700 shares of company stock valued at $1,301,128 in the last ninety days. Corporate insiders own 2.20% of the company's stock.

Hedge Funds Weigh In On ePlus

Hedge funds have recently made changes to their positions in the company. Dimensional Fund Advisors LP lifted its stake in ePlus by 3.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,310,378 shares of the software maker's stock valued at $98,604,000 after acquiring an additional 48,158 shares during the period. First Trust Advisors LP lifted its position in ePlus by 118.2% during the first quarter. First Trust Advisors LP now owns 579,047 shares of the software maker's stock valued at $43,573,000 after purchasing an additional 313,674 shares during the period. Lazard Asset Management LLC acquired a new position in ePlus during the first quarter valued at $3,601,000. GSA Capital Partners LLP purchased a new stake in ePlus in the second quarter valued at $1,679,000. Finally, BlackRock Inc. acquired a new stake in ePlus during the 2nd quarter worth about $337,929,000. 93.80% of the stock is owned by institutional investors and hedge funds.

About ePlus

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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