Brokerages expect ePlus Inc. (NASDAQ:PLUS) to post earnings per share (EPS) of $0.90 for the current fiscal quarter, according to Zacks. Two analysts have issued estimates for ePlus’ earnings, with the highest EPS estimate coming in at $0.92 and the lowest estimate coming in at $0.87. ePlus reported earnings per share of $0.96 during the same quarter last year, which would suggest a negative year-over-year growth rate of 6.2%. The firm is expected to announce its next earnings report on Thursday, February 1st.

According to Zacks, analysts expect that ePlus will report full-year earnings of $4.00 per share for the current financial year, with EPS estimates ranging from $3.93 to $4.07. For the next year, analysts expect that the company will post earnings of $4.27 per share, with EPS estimates ranging from $4.17 to $4.37. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of research firms that that provide coverage for ePlus.

ePlus (NASDAQ:PLUS) last announced its quarterly earnings data on Thursday, November 2nd. The software maker reported $1.27 EPS for the quarter, meeting the Zacks’ consensus estimate of $1.27. ePlus had a net margin of 3.85% and a return on equity of 15.52%.

A number of research analysts have recently commented on PLUS shares. Zacks Investment Research lowered shares of ePlus from a “buy” rating to a “hold” rating in a research report on Wednesday, October 4th. Stifel Nicolaus reaffirmed a “hold” rating and set a $75.00 price objective on shares of ePlus in a research report on Tuesday, October 17th. Finally, BidaskClub lowered shares of ePlus from a “buy” rating to a “hold” rating in a research report on Saturday, December 9th.

Shares of ePlus (NASDAQ:PLUS) traded up $0.30 on Monday, hitting $77.85. 47,600 shares of the stock were exchanged, compared to its average volume of 104,200. The firm has a market capitalization of $1,103.25, a price-to-earnings ratio of 20.19 and a beta of 1.28. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.65 and a quick ratio of 1.50. ePlus has a 1-year low of $54.28 and a 1-year high of $97.75.

In related news, Director John E. Callies sold 1,200 shares of the stock in a transaction dated Monday, November 27th. The shares were sold at an average price of $80.35, for a total value of $96,420.00. Following the completion of the transaction, the director now owns 11,154 shares of the company’s stock, valued at $896,223.90. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 3.25% of the company’s stock.

A number of large investors have recently bought and sold shares of PLUS. Pinebridge Investments L.P. raised its position in ePlus by 102.0% in the second quarter. Pinebridge Investments L.P. now owns 1,735 shares of the software maker’s stock worth $128,000 after purchasing an additional 876 shares in the last quarter. Capital Fund Management S.A. acquired a new position in ePlus in the second quarter worth about $207,000. Piedmont Investment Advisors LLC acquired a new position in ePlus in the second quarter worth about $213,000. Chevy Chase Trust Holdings Inc. bought a new stake in ePlus during the third quarter worth about $222,000. Finally, Aperio Group LLC bought a new stake in ePlus during the third quarter worth about $226,000. 89.74% of the stock is owned by hedge funds and other institutional investors.

TRADEMARK VIOLATION WARNING: This report was posted by American Banking News and is the property of of American Banking News. If you are reading this report on another site, it was copied illegally and republished in violation of United States & international copyright and trademark law. The original version of this report can be viewed at

About ePlus

ePlus inc. is a holding company. The Company is engaged in the business of selling, leasing, financing and managing information technology. It operates through two segments: technology and financing. The technology segment sells information technology (IT) hardware products, third-party software and maintenance contracts, its own and third-party professional and managed services, and its software.

Get a free copy of the Zacks research report on ePlus (PLUS)

For more information about research offerings from Zacks Investment Research, visit

Receive News & Ratings for ePlus Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ePlus and related companies with's FREE daily email newsletter.