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NASDAQ:PLUS

ePlus (PLUS) Stock Price, News & Analysis

$74.62
+1.83 (+2.51%)
(As of 06/12/2024 ET)
Today's Range
$74.16
$75.59
50-Day Range
$72.79
$80.19
52-Week Range
$53.19
$83.57
Volume
126,208 shs
Average Volume
201,976 shs
Market Capitalization
$2.01 billion
P/E Ratio
17.23
Dividend Yield
N/A
Price Target
$86.50

ePlus MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
15.9% Upside
$86.50 Price Target
Short Interest
Healthy
2.35% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.39
Upright™ Environmental Score
News Sentiment
1.43mentions of ePlus in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$388,428 Sold Last Quarter
Proj. Earnings Growth
2.92%
From $4.80 to $4.94 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.02 out of 5 stars

Computer And Technology Sector

146th out of 587 stocks

Computers, Peripherals, & Software Industry

2nd out of 4 stocks

PLUS stock logo

About ePlus Stock (NASDAQ:PLUS)

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 in two segments, Technology and Financing. The Technology segment offers hardware, perpetual and subscription software, maintenance, software assurance, and internally provided and outsourced services; and professional and managed services, including managed, professional, security solutions, cloud consulting and hosting, staff augmentation, storage-as-a-service, server and desktop support, and project management services. The Financing segment engages in financing arrangements, such as sales-type and operating leases; loans and consumption-based financing arrangements; and underwriting, management, and disposal of IT equipment and assets. Its financing operations comprise sales, pricing, credit, contracts, accounting, and risk and asset management. This segment primarily finances IT, communication-related, and medical equipment; and industrial machinery and equipment, office furniture and general office equipment, transportation equipment, and other general business equipment directly, as well as through vendors. ePlus inc. serves commercial entities, state and local governments, government contractors, healthcare, and educational institutions. The company was formerly known as MLC Holdings, Inc. and changed its name to ePlus inc. in 1999. ePlus inc. was founded in 1990 and is headquartered in Herndon, Virginia.

PLUS Stock Price History

PLUS Stock News Headlines

Stifel Nicolaus Sticks to Their Hold Rating for Eplus (PLUS)
ePlus Q4 2024 Earnings Preview
ePlus Achieves AWS Migration Competency Status
What Does ePlus inc.'s (NASDAQ:PLUS) Share Price Indicate?
ePlus Inc Director John Callies Sells 1,308 Shares
ePlus Third Quarter 2024 Earnings: Misses Expectations
See More Headlines
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Company Calendar

Last Earnings
11/09/2021
Today
6/12/2024
Next Earnings (Estimated)
8/05/2024
Fiscal Year End
3/31/2025

Industry, Sector and Symbol

Industry
Computers, peripherals, & software
Sub-Industry
Application Software
Current Symbol
NASDAQ:PLUS
CUSIP
29426810
Employees
1,900
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$86.50
High Stock Price Target
$90.00
Low Stock Price Target
$83.00
Potential Upside/Downside
+15.7%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
2 Analysts

Profitability

Net Income
$115.78 million
Pretax Margin
7.24%

Debt

Sales & Book Value

Annual Sales
$2.23 billion
Cash Flow
$5.39 per share
Book Value
$33.47 per share

Miscellaneous

Free Float
26,302,000
Market Cap
$2.01 billion
Optionable
Optionable
Beta
1.07
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Key Executives


PLUS Stock Analysis - Frequently Asked Questions

Should I buy or sell ePlus stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for ePlus in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" PLUS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PLUS, but not buy additional shares or sell existing shares.
View PLUS analyst ratings
or view top-rated stocks.

What is ePlus' stock price target for 2024?

2 equities research analysts have issued 12-month target prices for ePlus' shares. Their PLUS share price targets range from $83.00 to $90.00. On average, they expect the company's share price to reach $86.50 in the next twelve months. This suggests a possible upside of 15.9% from the stock's current price.
View analysts price targets for PLUS
or view top-rated stocks among Wall Street analysts.

How have PLUS shares performed in 2024?

ePlus' stock was trading at $79.84 at the beginning of 2024. Since then, PLUS stock has decreased by 6.5% and is now trading at $74.62.
View the best growth stocks for 2024 here
.

Are investors shorting ePlus?

ePlus saw a decline in short interest in the month of May. As of May 31st, there was short interest totaling 634,000 shares, a decline of 25.4% from the May 15th total of 850,100 shares. Based on an average daily volume of 211,200 shares, the short-interest ratio is presently 3.0 days.
View ePlus' Short Interest
.

When is ePlus' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, August 5th 2024.
View our PLUS earnings forecast
.

How were ePlus' earnings last quarter?

ePlus inc. (NASDAQ:PLUS) issued its earnings results on Tuesday, November, 9th. The software maker reported $1.30 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.90 by $0.40. The software maker earned $458.02 million during the quarter, compared to the consensus estimate of $425.20 million. ePlus had a trailing twelve-month return on equity of 13.47% and a net margin of 5.20%. During the same quarter in the previous year, the firm earned $0.74 EPS.

When did ePlus' stock split?

Shares of ePlus split on the morning of Friday, November 26th 2021. The 2-1 split was announced on Friday, November 26th 2021. The newly minted shares were distributed to shareholders after the market closes on Friday, November 26th 2021. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

What guidance has ePlus issued on next quarter's earnings?

ePlus updated its FY 2025 earnings guidance on Wednesday, May, 22nd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $2.3 billion-$2.4 billion, compared to the consensus revenue estimate of $2.3 billion.

What is Mark Marron's approval rating as ePlus' CEO?

65 employees have rated ePlus Chief Executive Officer Mark Marron on Glassdoor.com. Mark Marron has an approval rating of 67% among the company's employees.

What other stocks do shareholders of ePlus own?

Based on aggregate information from My MarketBeat watchlists, some companies that other ePlus investors own include Hawkins (HWKN), Xtrackers California Municipal Bond ETF (CA), BlackRock (BLK), Endologix (ELGX), Chipotle Mexican Grill (CMG), Cisco Systems (CSCO), NVIDIA (NVDA), Verizon Communications (VZ) and Athabasca Oil (ATH).

Who are ePlus' major shareholders?

ePlus' stock is owned by many different institutional and retail investors. Top institutional investors include Vanguard Group Inc. (8.80%), Geneva Capital Management LLC (4.53%), WCM Investment Management LLC (1.73%), Swedbank AB (0.72%), EULAV Asset Management (0.59%) and Principal Financial Group Inc. (0.54%). Insiders that own company stock include Bruce M Bowen, Darren S Raiguel, Darren S Raiguel, Elaine D Marion, Elaine D Marion, Eric D Hovde, John E Callies, Mark P Marron and Mark P Marron.
View institutional ownership trends
.

How do I buy shares of ePlus?

Shares of PLUS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:PLUS) was last updated on 6/12/2024 by MarketBeat.com Staff

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