ePlus inc. (NASDAQ:PLUS – Get Free Report) declared a quarterly dividend on Thursday, November 5th. Stockholders of record on Tuesday, November 24th will be given a dividend of $0.27 per share by the software maker on Wednesday, December 16th. This represents a $1.08 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend is Tuesday, November 24th.
ePlus Price Performance
Shares of NASDAQ:PLUS opened at $82.43 on Friday. The stock has a market cap of $2.15 billion, a price-to-earnings ratio of 18.04, a PEG ratio of 1.16 and a beta of 0.95. ePlus has a 12 month low of $72.93 and a 12 month high of $98.21. The stock’s 50 day moving average price is $91.82 and its 200 day moving average price is $85.79.
ePlus (NASDAQ:PLUS – Get Free Report) last released its earnings results on Thursday, November 5th. The software maker reported $1.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.47 by $0.35. ePlus had a return on equity of 11.51% and a net margin of 4.91%. The firm had revenue of $667.92 million for the quarter, compared to analyst estimates of $636.10 million. On average, sell-side analysts expect that ePlus will post 4.86 EPS for the current year.
Wall Street Analyst Weigh In
Several research firms have issued reports on PLUS. Zacks Research raised 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 Tuesday, October 6th. Two analysts have rated the stock with a Hold rating. According to data from MarketBeat, the stock presently has a consensus rating of “Hold”.
Read Our Latest Stock Analysis on PLUS
About ePlus
ePlus inc. (NASDAQ: PLUS) provides technology solutions, professional services and financing to organizations in the commercial, government, healthcare and education sectors. Through its technology business, the company helps customers plan, implement and manage information technology environments, including data center, networking, cybersecurity, collaboration, cloud and digital infrastructure solutions.
The company also offers managed and professional services, technology consulting, IT asset management, and lifecycle services.
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