Sidoti Csr Analysts Decrease Earnings Estimates for ePlus

Key Points

• Sidoti Csr has revised down its FY2026 earnings per share (EPS) estimate for ePlus from $3.67 to $3.52, falling short of the current consensus estimate of $3.78.
• ePlus reported a quarterly EPS of $0.95 for the period ending May 22nd, exceeding estimates, but its revenue of $498.11 million was below the anticipated $523.85 million.
• The company recently declared a quarterly dividend of $0.25 per share, set to be paid on September 17th, reflecting an annual yield of 1.4%.

ePlus inc. (NASDAQ:PLUS - Free Report) - Equities researchers at Sidoti Csr reduced their FY2026 earnings per share (EPS) estimates for ePlus in a research note issued on Wednesday, August 6th. Sidoti Csr analyst G. Burns now anticipates that the software maker will post earnings of $3.52 per share for the year, down from their prior estimate of $3.67. The consensus estimate for ePlus' current full-year earnings is $3.78 per share.

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

ePlus Price Performance

Shares of ePlus stock traded up $2.46 during trading hours on Friday, hitting $72.11. The company's stock had a trading volume of 271,156 shares, compared to its average volume of 207,656. The company has a market capitalization of $1.92 billion, a PE ratio of 16.17, a price-to-earnings-growth ratio of 1.78 and a beta of 1.14. ePlus has a 12 month low of $53.83 and a 12 month high of $106.98. The stock has a 50 day moving average of $69.61 and a 200 day moving average of $67.02.

ePlus (NASDAQ:PLUS - Get Free Report) last released its quarterly earnings data on Thursday, May 22nd. The software maker reported $0.95 EPS for the quarter, beating analysts' consensus estimates of $0.87 by $0.08. ePlus had a return on equity of 11.03% and a net margin of 5.47%. The business had revenue of $498.11 million during the quarter, compared to the consensus estimate of $523.85 million.

ePlus Dividend Announcement

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

Hedge Funds Weigh In On ePlus

A number of hedge funds have recently added to or reduced their stakes in the stock. Prudential Financial Inc. increased its stake in shares of ePlus by 7.0% in the 2nd quarter. Prudential Financial Inc. now owns 27,591 shares of the software maker's stock valued at $1,989,000 after purchasing an additional 1,804 shares during the last quarter. American Century Companies Inc. lifted its stake in shares of ePlus by 7.2% in the 2nd quarter. American Century Companies Inc. now owns 927,875 shares of the software maker's stock valued at $66,900,000 after purchasing an additional 62,557 shares during the period. Rhumbline Advisers increased its position in ePlus by 4.3% in the 2nd quarter. Rhumbline Advisers now owns 76,694 shares of the software maker's stock valued at $5,530,000 after buying an additional 3,153 shares in the last quarter. Franklin Resources Inc. increased its holdings in ePlus by 8.0% during the 2nd quarter. Franklin Resources Inc. now owns 13,278 shares of the software maker's stock worth $957,000 after purchasing an additional 985 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its holdings in ePlus by 20.8% during the 2nd quarter. JPMorgan Chase & Co. now owns 91,422 shares of the software maker's stock worth $6,592,000 after purchasing an additional 15,742 shares in the last quarter. Institutional investors own 93.80% of the company's stock.

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.