Sidoti Csr Issues Negative Forecast for ePlus Earnings

ePlus inc. (NASDAQ:PLUSFree Report) – Research analysts at Sidoti Csr dropped their Q3 2026 earnings per share (EPS) estimates for shares of ePlus in a research note issued to investors on Tuesday, June 24th. Sidoti Csr analyst G. Burns now expects that the software maker will post earnings per share of $0.97 for the quarter, down from their prior forecast of $1.12. The consensus estimate for ePlus’ current full-year earnings is $3.78 per share. Sidoti Csr also issued estimates for ePlus’ Q4 2026 earnings at $0.78 EPS, FY2026 earnings at $3.67 EPS, Q1 2027 earnings at $0.79 EPS, Q4 2027 earnings at $0.90 EPS and FY2027 earnings at $3.89 EPS.

Separately, Wall Street Zen raised shares of ePlus from a “hold” rating to a “buy” rating in a research note on Saturday, May 24th.

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ePlus Stock Down 1.3%

Shares of NASDAQ PLUS opened at $73.10 on Thursday. ePlus has a 12-month low of $53.83 and a 12-month high of $106.98. The firm’s 50-day simple moving average is $67.12 and its 200 day simple moving average is $68.98. The company has a quick ratio of 1.56, a current ratio of 1.71 and a debt-to-equity ratio of 0.01. The company has a market cap of $1.94 billion, a price-to-earnings ratio of 18.05, a price-to-earnings-growth ratio of 1.80 and a beta of 1.15.

ePlus (NASDAQ:PLUSGet Free Report) last announced its earnings results on Thursday, May 22nd. The software maker reported $0.95 EPS for the quarter, topping the consensus estimate of $0.87 by $0.08. ePlus had a return on equity of 11.34% and a net margin of 5.22%. The company had revenue of $498.11 million for the quarter, compared to analysts’ expectations of $523.85 million.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of PLUS. Vanguard Group Inc. increased its stake in shares of ePlus by 0.5% in the 1st quarter. Vanguard Group Inc. now owns 2,448,514 shares of the software maker’s stock valued at $149,433,000 after buying an additional 11,051 shares during the period. Castlekeep Investment Advisors LLC bought a new position in ePlus in the fourth quarter valued at about $127,898,000. American Century Companies Inc. increased its position in ePlus by 9.5% in the first quarter. American Century Companies Inc. now owns 865,318 shares of the software maker’s stock worth $52,810,000 after purchasing an additional 74,986 shares during the period. Mirabella Financial Services LLP acquired a new stake in ePlus in the fourth quarter worth about $43,517,000. Finally, Northern Trust Corp raised its holdings in ePlus by 2.5% during the 1st quarter. Northern Trust Corp now owns 509,020 shares of the software maker’s stock worth $31,065,000 after purchasing an additional 12,372 shares during the last quarter. Institutional investors and hedge funds own 93.80% of the company’s stock.

ePlus Company Profile

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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.

See Also

Earnings History and Estimates for ePlus (NASDAQ:PLUS)

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