ePlus (PLUS) Announces Quarterly Earnings Results, Beats Estimates By $0.06 EPS
ePlus (NASDAQ:PLUS) released its earnings data on Thursday. The company reported $1.14 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.08 by $0.06, Analyst Ratings Net reports.
Shares of ePlus (NASDAQ:PLUS) opened at 56.43 on Thursday. ePlus has a one year low of $47.49 and a one year high of $62.95. The stock’s 50-day moving average is $56.97 and its 200-day moving average is $56.00. The company has a market cap of $423.6 million and a P/E ratio of 12.59.
PLUS has been the subject of a number of recent research reports. Analysts at William Blair initiated coverage on shares of ePlus in a research note on Thursday, May 29th. They set an “outperform” rating on the stock. Analysts at Stifel Nicolaus initiated coverage on shares of ePlus in a research note on Monday, May 12th. They set a “buy” rating and a $62.00 price target on the stock.
ePlus inc. (NASDAQ:PLUS), along with its subsidiaries, is engaged in the business of selling, leasing, financing, and managing information technology and other assets and provides software.
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