ePlus (PLUS) to Release Earnings on Wednesday

ePlus (NASDAQ:PLUS) will post its quarterly earnings results after the market closes on Wednesday, May 22nd. Analysts expect ePlus to post earnings of $0.94 per share for the quarter.

Shares of ePlus stock opened at $88.96 on Tuesday. ePlus has a 12 month low of $65.52 and a 12 month high of $107.25. The company has a market cap of $1.19 billion, a price-to-earnings ratio of 21.08 and a beta of 1.29. The company has a quick ratio of 1.56, a current ratio of 1.70 and a debt-to-equity ratio of 0.02.

In related news, CFO Elaine D. Marion sold 2,661 shares of the stock in a transaction that occurred on Wednesday, May 1st. The stock was sold at an average price of $95.12, for a total value of $253,114.32. Following the completion of the sale, the chief financial officer now owns 64,006 shares of the company’s stock, valued at $6,088,250.72. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CFO Elaine D. Marion sold 5,000 shares of the stock in a transaction that occurred on Friday, April 5th. The shares were sold at an average price of $91.25, for a total value of $456,250.00. Following the completion of the sale, the chief financial officer now directly owns 66,967 shares of the company’s stock, valued at approximately $6,110,738.75. The disclosure for this sale can be found here. In the last ninety days, insiders sold 14,000 shares of company stock valued at $1,311,665. Insiders own 2.72% of the company’s stock.

A number of equities analysts have commented on the company. BidaskClub cut ePlus from a “strong-buy” rating to a “buy” rating in a report on Wednesday, May 15th. Zacks Investment Research raised ePlus from a “sell” rating to a “hold” rating in a report on Wednesday, April 10th. Finally, ValuEngine raised ePlus from a “sell” rating to a “hold” rating in a report on Monday, February 4th. Four equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $99.00.

TRADEMARK VIOLATION WARNING: “ePlus (PLUS) to Release Earnings on Wednesday” was first published by Baseball Daily News and is the property of of Baseball Daily News. If you are accessing this article on another site, it was copied illegally and republished in violation of U.S. and international trademark and copyright law. The correct version of this article can be viewed at https://www.baseballdailydigest.com/news/2019/05/21/eplus-plus-to-release-earnings-on-wednesday.html.

About ePlus

ePlus inc., through its subsidiaries, provides information technology solutions that enable organizations to optimize their information technology (IT) environment and supply chain processes in the United States. It operates in two segments, Technology and Financing. The Technology segment offers hardware, software, maintenance, software assurance, and internally-provided and outsourced services; and advanced professional and managed services, including ePlus managed, professional, security, staff augmentation, server and desktop support, and project management services.

Featured Article: How to interpret Moving Average Convergence Divergence (MACD)

Earnings History for ePlus (NASDAQ:PLUS)

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 MarketBeat.com's FREE daily email newsletter.