ePlus Inc. (NASDAQ:PLUS) has earned a consensus rating of “Hold” from the six analysts that are presently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the company. The average 1-year price target among brokers that have covered the stock in the last year is $94.00.

Several brokerages have commented on PLUS. BidaskClub upgraded shares of ePlus from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, February 20th. Zacks Investment Research lowered shares of ePlus from a “hold” rating to a “sell” rating in a report on Wednesday, February 13th. Finally, ValuEngine raised shares of ePlus from a “sell” rating to a “hold” rating in a research note on Monday, February 4th.

Shares of NASDAQ:PLUS traded up $0.41 during trading on Thursday, hitting $87.51. 12,307 shares of the company were exchanged, compared to its average volume of 64,916. The company has a market capitalization of $1.19 billion, a PE ratio of 20.74 and a beta of 1.30. The company has a current ratio of 1.70, a quick ratio of 1.56 and a debt-to-equity ratio of 0.02. ePlus has a 12-month low of $65.52 and a 12-month high of $107.25.

ePlus (NASDAQ:PLUS) last announced its earnings results on Wednesday, February 6th. The software maker reported $1.10 EPS for the quarter, beating analysts’ consensus estimates of $0.98 by $0.12. The business had revenue of $345.66 million for the quarter, compared to analysts’ expectations of $340.40 million. ePlus had a net margin of 4.14% and a return on equity of 16.64%. As a group, equities research analysts predict that ePlus will post 4.49 EPS for the current fiscal year.

In other ePlus news, Director Lawrence S. Herman sold 1,000 shares of ePlus stock in a transaction that occurred on Monday, February 11th. The stock was sold at an average price of $83.16, for a total value of $83,160.00. The sale was disclosed in a filing with the SEC, which is available through this link. Insiders own 2.72% of the company’s stock.

A number of hedge funds have recently made changes to their positions in the stock. Thrivent Financial for Lutherans boosted its stake in ePlus by 2.2% in the fourth quarter. Thrivent Financial for Lutherans now owns 9,780 shares of the software maker’s stock worth $696,000 after purchasing an additional 215 shares in the last quarter. Victory Capital Management Inc. boosted its stake in ePlus by 4.1% in the fourth quarter. Victory Capital Management Inc. now owns 6,213 shares of the software maker’s stock worth $442,000 after purchasing an additional 243 shares in the last quarter. Legal & General Group Plc boosted its stake in ePlus by 1.0% in the fourth quarter. Legal & General Group Plc now owns 29,468 shares of the software maker’s stock worth $2,088,000 after purchasing an additional 285 shares in the last quarter. Texas Permanent School Fund boosted its stake in ePlus by 3.9% in the fourth quarter. Texas Permanent School Fund now owns 8,968 shares of the software maker’s stock worth $638,000 after purchasing an additional 335 shares in the last quarter. Finally, Teachers Advisors LLC boosted its stake in ePlus by 1.9% in the third quarter. Teachers Advisors LLC now owns 25,849 shares of the software maker’s stock worth $2,396,000 after purchasing an additional 479 shares in the last quarter. 92.55% of the stock is currently owned by institutional investors and hedge funds.

ePlus Company Profile

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.

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