ePlus (PLUS) Projected to Post Earnings on Wednesday

ePlus (NASDAQ:PLUS) is expected to announce its earnings results after the market closes on Wednesday, February 5th. Analysts expect the company to announce earnings of $1.28 per share and revenue of $563.40 million for the quarter. Investors interested in listening to the company’s conference call can do so using this link.

ePlus Stock Performance

Shares of PLUS stock opened at $79.45 on Tuesday. The firm has a market capitalization of $2.13 billion, a PE ratio of 19.71, a price-to-earnings-growth ratio of 1.82 and a beta of 1.10. The firm has a fifty day simple moving average of $77.95 and a two-hundred day simple moving average of $87.03. The company has a current ratio of 1.85, a quick ratio of 1.71 and a debt-to-equity ratio of 0.01. ePlus has a 12 month low of $56.33 and a 12 month high of $106.98.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded shares of ePlus from a “buy” rating to a “hold” rating in a report on Friday, November 15th.

About ePlus

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.