ePlus (NASDAQ:PLUS) Sets New 1-Year High After Earnings Beat

ePlus inc. (NASDAQ:PLUS)’s stock price reached a new 52-week high during trading on Tuesday following a better than expected earnings announcement. The stock traded as high as $95.75 and last traded at $93.66, with a volume of 290877 shares traded. The stock had previously closed at $92.41.

The software maker reported $1.28 earnings per share for the quarter, beating the consensus estimate of $1.19 by $0.09. ePlus had a return on equity of 11.54% and a net margin of 4.91%.The firm had revenue of $649.11 million for the quarter, compared to the consensus estimate of $639.95 million.

ePlus Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 16th. Investors of record on Tuesday, August 25th will be paid a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date is Tuesday, August 25th. ePlus’s payout ratio is currently 22.31%.

ePlus News Roundup

Here are the key news stories impacting ePlus this week:

• Positive Sentiment: ePlus reported fiscal first-quarter 2027 adjusted earnings of $1.28 per share, above the $1.19 analyst consensus, while revenue of $649.1 million also exceeded expectations of $639.95 million. ePlus earnings report
• Positive Sentiment: Managed services remained a growth area, with revenue increasing 15.1% to $51.3 million. Total services revenue rose 2.6% to $119.4 million, supporting the company’s recurring-revenue strategy. ePlus first-quarter financial results
• Positive Sentiment: Management reiterated its fiscal 2027 outlook for mid-single-digit growth in net sales, gross profit and adjusted EBITDA. The board also authorized repurchases of up to 1.5 million shares over the next 12 months.
• Positive Sentiment: ePlus declared a quarterly dividend of $0.27 per share, payable September 16 to shareholders of record on August 25, providing an annualized yield of approximately 1.1%.
• Neutral Sentiment: Institutional positioning was mixed: 130 investors increased their holdings while 116 reduced them in their latest reported quarters, offering no clear consensus signal.
• Negative Sentiment: Underlying results showed margin pressure. Net earnings from continuing operations fell 5.4% to $30.3 million, gross profit declined 1.5% to $151.3 million, and gross margin was 23.3%, while net sales increased only 1.0%.
• Negative Sentiment: CFO Elaine D. Marion sold 7,182 shares across August 3–4 for approximately $690,265, reducing her holdings by roughly 8% across the two transactions. Continued insider selling may weigh on sentiment, although she still owns 84,259 shares. SEC insider trading filing

Analyst Ratings Changes

PLUS has been the subject of a number of recent analyst reports. Zacks Research upgraded shares of ePlus from a “strong sell” rating to a “hold” rating in a research report on Friday, July 31st. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of ePlus in a research note on Friday, July 10th. Two equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, ePlus has a consensus rating of “Hold”.

Insider Buying and Selling at ePlus

In other news, 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 sale, the chief financial officer owned 84,259 shares of the company’s stock, valued at approximately $8,123,410.19. The trade was a 6.14% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, COO Darren S. Raiguel sold 1,935 shares of the company’s stock in a transaction on Wednesday, July 29th. The shares were sold at an average price of $94.06, for a total value of $182,006.10. Following the completion of the sale, the chief operating officer owned 69,236 shares of the company’s stock, valued at approximately $6,512,338.16. This trade represents a 2.72% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 13,284 shares of company stock worth $1,261,970. 2.20% of the stock is owned by insiders.

Institutional Investors Weigh In On ePlus

A number of institutional investors and hedge funds have recently bought and sold shares of the business. ProShare Advisors LLC grew its holdings in ePlus by 3.2% during the fourth quarter. ProShare Advisors LLC now owns 5,129 shares of the software maker’s stock valued at $450,000 after purchasing an additional 159 shares during the last quarter. Inceptionr LLC lifted its stake in shares of ePlus by 5.9% in the first quarter. Inceptionr LLC now owns 3,419 shares of the software maker’s stock worth $257,000 after buying an additional 190 shares during the last quarter. PNC Financial Services Group Inc. boosted its holdings in shares of ePlus by 3.2% during the 4th quarter. PNC Financial Services Group Inc. now owns 7,544 shares of the software maker’s stock worth $662,000 after buying an additional 233 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al boosted its holdings in shares of ePlus by 6.9% during the 4th quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 3,859 shares of the software maker’s stock worth $338,000 after buying an additional 250 shares during the period. Finally, Lazard Asset Management LLC grew its stake in ePlus by 0.8% in the 2nd quarter. Lazard Asset Management LLC now owns 31,946 shares of the software maker’s stock valued at $2,303,000 after buying an additional 266 shares during the last quarter. 93.80% of the stock is owned by institutional investors and hedge funds.

ePlus Stock Performance

The firm has a market capitalization of $2.47 billion, a price-to-earnings ratio of 20.69, a price-to-earnings-growth ratio of 1.30 and a beta of 1.00. The business’s 50 day moving average is $85.43 and its 200-day moving average is $83.35.

ePlus Company Profile

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.