Sidoti Csr Issues Negative Forecast for ePlus Earnings

ePlus inc. (NASDAQ:PLUS - Free Report) - Analysts at Sidoti Csr reduced their Q3 2026 earnings per share (EPS) estimates for shares of ePlus in a report released on Tuesday, June 24th. Sidoti Csr analyst G. Burns now anticipates that the software maker will post earnings per share of $0.97 for the quarter, down from their previous forecast of $1.12. The consensus estimate for ePlus' current full-year earnings is $3.78 per share. Sidoti Csr also issued estimates for ePlus' Q4 2026 earnings at $0.78 EPS, FY2026 earnings at $3.67 EPS, Q1 2027 earnings at $0.79 EPS, Q4 2027 earnings at $0.90 EPS and FY2027 earnings at $3.89 EPS.

Separately, Wall Street Zen cut ePlus from a "buy" rating to a "hold" rating in a report on Friday.

ePlus Price Performance

Shares of NASDAQ:PLUS traded up $0.03 on Thursday, hitting $73.21. The company's stock had a trading volume of 745,175 shares, compared to its average volume of 196,519. The company has a 50-day simple moving average of $67.68 and a 200 day simple moving average of $68.75. ePlus has a 1 year low of $53.83 and a 1 year high of $106.98. The company has a market capitalization of $1.94 billion, a PE ratio of 18.08, a PEG ratio of 1.85 and a beta of 1.15. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.71 and a quick ratio of 1.56.

ePlus (NASDAQ:PLUS - Get Free Report) last released its quarterly earnings results on Thursday, May 22nd. The software maker reported $0.95 earnings per share for the quarter, beating the consensus estimate of $0.87 by $0.08. ePlus had a return on equity of 11.34% and a net margin of 5.22%. The firm had revenue of $498.11 million for the quarter, compared to analysts' expectations of $523.85 million.

Institutional Trading of ePlus

Several institutional investors and hedge funds have recently modified their holdings of the business. Rhumbline Advisers raised its holdings in shares of ePlus by 0.9% during the 4th quarter. Rhumbline Advisers now owns 75,215 shares of the software maker's stock valued at $5,557,000 after buying an additional 664 shares in the last quarter. Principal Financial Group Inc. raised its holdings in shares of ePlus by 3.3% during the 4th quarter. Principal Financial Group Inc. now owns 137,452 shares of the software maker's stock valued at $10,155,000 after buying an additional 4,425 shares in the last quarter. New York State Common Retirement Fund raised its holdings in shares of ePlus by 0.6% during the 4th quarter. New York State Common Retirement Fund now owns 93,711 shares of the software maker's stock valued at $6,923,000 after buying an additional 600 shares in the last quarter. Versor Investments LP purchased a new position in shares of ePlus during the 4th quarter valued at about $318,000. Finally, Smartleaf Asset Management LLC raised its holdings in shares of ePlus by 91.1% during the 4th quarter. Smartleaf Asset Management LLC now owns 342 shares of the software maker's stock valued at $25,000 after buying an additional 163 shares in the last quarter. Hedge funds and other institutional investors own 93.80% of the company's stock.

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.