Equities Analysts Offer Predictions for ePlus Q1 Earnings

ePlus inc. (NASDAQ:PLUS) – Sidoti issued their Q1 2028 earnings per share (EPS) estimates for ePlus in a research note issued on Friday, August 28th. Sidoti analyst G. Burns anticipates that the software maker will earn $1.28 per share for the quarter. The consensus estimate for ePlus’ current full-year earnings is $4.86 per share. Sidoti also issued estimates for ePlus’ Q3 2028 earnings at $1.59 EPS and Q4 2028 earnings at $1.26 EPS.

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

Other equities analysts have also issued research reports about the company. Zacks Research upgraded shares of ePlus from a “strong sell” rating to a “hold” rating in a report on Friday, July 31st. Weiss Ratings restated a “hold (c+)” rating on shares of ePlus in a report on Friday, July 10th. Two research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has a consensus rating of “Hold”.

ePlus Price Performance

Shares of NASDAQ PLUS opened at $87.97 on Tuesday. ePlus has a 1-year low of $69.07 and a 1-year high of $98.14. The business has a fifty day moving average price of $87.32 and a 200 day moving average price of $83.51. The stock has a market capitalization of $2.30 billion, a P/E ratio of 19.25, a price-to-earnings-growth ratio of 1.12 and a beta of 1.00.

ePlus Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 16th. Stockholders of record on Tuesday, August 25th will be issued a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Tuesday, August 25th. ePlus’s dividend payout ratio is currently 23.63%.

Insider Activity

In other news, Director John E. Callies sold 500 shares of the firm’s stock in a transaction on Friday, August 14th. The stock was sold at an average price of $88.09, for a total value of $44,045.00. Following the completion of the sale, the director owned 20,648 shares of the company’s stock, valued at $1,818,882.32. This trade represents a 2.36% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Elaine D. Marion sold 5,514 shares of the business’s stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $96.41, for a total value of $531,604.74. Following the transaction, the chief financial officer owned 84,259 shares in the company, valued at approximately $8,123,410.19. This trade represents a 6.14% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 13,700 shares of company stock worth $1,301,128. Insiders own 2.20% of the company’s stock.

Hedge Funds Weigh In On ePlus

Hedge funds have recently modified their holdings of the stock. Osaic Holdings Inc. raised its position in shares of ePlus by 361.9% in the 2nd quarter. Osaic Holdings Inc. now owns 448 shares of the software maker’s stock valued at $32,000 after purchasing an additional 351 shares during the last quarter. Public Employees Retirement System of Ohio acquired a new position in shares of ePlus in the 2nd quarter valued at $51,000. Kestra Advisory Services LLC purchased a new position in ePlus in the 4th quarter worth $108,000. US Bancorp DE raised its stake in ePlus by 856.4% in the 3rd quarter. US Bancorp DE now owns 1,731 shares of the software maker’s stock worth $123,000 after acquiring an additional 1,550 shares during the last quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund acquired a new stake in ePlus during the 4th quarter worth about $138,000. Institutional investors and hedge funds own 93.80% of the company’s stock.

About ePlus

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.