Research Analysts Offer Predictions for ePlus Q2 Earnings

Key Points

• Sidoti lowered its Q2 2027 EPS estimate for ePlus to $1.24 from $1.40, while the current full-year consensus estimate stands at $4.66 per share. Analysts surveyed by MarketBeat maintain an average “Hold” rating.
• ePlus exceeded its latest quarterly expectations, reporting $1.28 EPS versus the $1.19 consensus and revenue of $649.11 million compared with estimates of $639.95 million.
• The company declared a quarterly dividend of $0.27 per share, equal to an annualized $1.08 and a 1.2% yield; insiders have sold 12,200 shares worth approximately $1.17 million over the past 90 days.

ePlus inc. (NASDAQ:PLUS - Free Report) - Research analysts at Sidoti reduced their Q2 2027 EPS estimates for shares of ePlus in a research note issued to investors on Wednesday, August 5th. Sidoti analyst G. Burns now anticipates that the software maker will post earnings per share of $1.24 for the quarter, down from their prior estimate of $1.40. The consensus estimate for ePlus' current full-year earnings is $4.66 per share. Sidoti also issued estimates for ePlus' Q4 2027 earnings at $1.08 EPS.

A number of other research analysts also recently issued reports on the company. Zacks Research raised 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 report on Friday, July 10th. Two research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company currently has an average rating of "Hold".

ePlus Stock Performance

NASDAQ:PLUS opened at $90.26 on Tuesday. The firm has a market cap of $2.35 billion, a P/E ratio of 19.75, a P/E/G ratio of 1.20 and a beta of 1.00. The firm has a 50-day simple moving average of $85.78 and a 200-day simple moving average of $83.41. ePlus has a one year low of $68.07 and a one year high of $98.14.

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

ePlus Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 16th. Shareholders of record on Tuesday, August 25th will be issued a dividend of $0.27 per share. The ex-dividend date of this dividend is Tuesday, August 25th. This represents a $1.08 dividend on an annualized basis and a yield of 1.2%. ePlus's dividend payout ratio (DPR) is presently 23.63%.

Insiders Place Their Bets

In related news, CFO Elaine D. Marion sold 5,514 shares of the business's stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $96.41, for a total value of $531,604.74. Following the sale, the chief financial officer directly owned 84,259 shares in the company, valued at $8,123,410.19. The trade was a 6.14% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, COO Darren S. Raiguel sold 1,935 shares of the company's stock in a transaction on Wednesday, July 29th. The shares were sold at an average price of $94.06, for a total value of $182,006.10. Following the completion of the sale, the chief operating officer owned 69,236 shares in the company, valued at $6,512,338.16. This represents a 2.72% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 12,200 shares of company stock worth $1,166,253 over the last ninety days. Insiders own 2.20% of the company's stock.

Hedge Funds Weigh In On ePlus

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Tributary Capital Management LLC increased its stake in ePlus by 9.0% in the 4th quarter. Tributary Capital Management LLC now owns 161,166 shares of the software maker's stock valued at $14,134,000 after buying an additional 13,369 shares during the last quarter. Vest Financial LLC bought a new position in ePlus during the fourth quarter valued at about $1,511,000. Comerica Bank lifted its stake in ePlus by 74.9% in the fourth quarter. Comerica Bank now owns 69,187 shares of the software maker's stock valued at $6,068,000 after purchasing an additional 29,631 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in ePlus by 3.8% in 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. Finally, First Trust Advisors LP boosted its holdings in shares of ePlus by 118.2% in the first quarter. First Trust Advisors LP now owns 579,047 shares of the software maker's stock worth $43,573,000 after acquiring an additional 313,674 shares during the period. 93.80% of the stock is owned by institutional investors and hedge funds.

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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