Sidoti Csr Forecasts ePlus' Q2 Earnings (NASDAQ:PLUS)

Key Points

• Sidoti Csr has lowered its Q2 2026 earnings estimates for ePlus, predicting earnings per share of $0.96, down from $1.11.
• Wall Street Zen has dropped ePlus' rating from "buy" to "hold" as of late June, indicating a cautious outlook on the stock.
• The stock price of ePlus opened at $64.28, with a market capitalization of $1.71 billion and a debt-to-equity ratio of just 0.01, reflecting strong financial health.

ePlus inc. (NASDAQ:PLUS - Free Report) - Analysts at Sidoti Csr reduced their Q2 2026 EPS estimates for ePlus in a note issued to investors on Wednesday, August 6th. Sidoti Csr analyst G. Burns now anticipates that the software maker will post earnings of $0.96 per share for the quarter, down from their previous estimate of $1.11. The consensus estimate for ePlus' current full-year earnings is $3.78 per share.

Separately, Wall Street Zen downgraded ePlus from a "buy" rating to a "hold" rating in a research report on Friday, June 27th.

ePlus Trading Up 9.4%

Shares of PLUS traded up $5.96 during midday trading on Thursday, reaching $69.26. The company had a trading volume of 599,372 shares, compared to its average volume of 143,439. ePlus has a 1-year low of $53.83 and a 1-year high of $106.98. The stock has a market cap of $1.84 billion, a PE ratio of 15.53, a price-to-earnings-growth ratio of 1.63 and a beta of 1.14. The firm has a 50 day simple moving average of $69.64 and a 200-day simple moving average of $67.16. The company has a quick ratio of 1.56, a current ratio of 1.71 and a debt-to-equity ratio of 0.01.

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, topping the consensus estimate of $0.87 by $0.08. The firm had revenue of $498.11 million during the quarter, compared to the consensus estimate of $523.85 million. ePlus had a net margin of 5.47% and a return on equity of 11.20%.

Institutional Investors Weigh In On ePlus

Several hedge funds have recently made changes to their positions in PLUS. SG Americas Securities LLC acquired a new stake in shares of ePlus in the 2nd quarter valued at approximately $274,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its position in ePlus by 7.3% during the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 6,763 shares of the software maker's stock worth $488,000 after acquiring an additional 459 shares during the last quarter. Police & Firemen s Retirement System of New Jersey raised its position in shares of ePlus by 7.6% during the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 6,027 shares of the software maker's stock worth $435,000 after purchasing an additional 424 shares during the last quarter. Bailard Inc. acquired a new position in shares of ePlus in the second quarter worth $440,000. Finally, Geode Capital Management LLC raised its stake in ePlus by 2.6% in the 2nd quarter. Geode Capital Management LLC now owns 671,943 shares of the software maker's stock valued at $48,453,000 after purchasing an additional 16,804 shares during the last quarter. Institutional investors and hedge funds own 93.80% of the company's stock.

ePlus Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 17th. Stockholders of record on Tuesday, August 26th will be issued a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend is Tuesday, August 26th.

About ePlus

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.