ePlus (PLUS) to Release Quarterly Earnings on Tuesday

ePlus (NASDAQ:PLUS - Get Free Report) will be posting its quarterly earnings results after the market closes on Tuesday, November 12th. Analysts expect ePlus to post earnings of $1.29 per share for the quarter. Investors interested in registering for the company's conference call can do so using this link.

ePlus Stock Down 1.1 %

Shares of PLUS stock traded down $1.10 on Monday, hitting $97.40. The stock had a trading volume of 150,779 shares, compared to its average volume of 187,704. ePlus has a 52-week low of $56.33 and a 52-week high of $106.98. The firm has a market capitalization of $2.62 billion, a price-to-earnings ratio of 24.12, a P/E/G ratio of 2.11 and a beta of 1.13. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.87 and a current ratio of 2.01. The stock's 50 day moving average is $95.53 and its 200-day moving average is $85.85.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered shares of ePlus from a "buy" rating to a "hold" rating in a research note on Thursday.

Insider Buying and Selling at ePlus

In other ePlus news, CFO Elaine D. Marion sold 5,000 shares of the business's stock in a transaction dated Monday, September 16th. The shares were sold at an average price of $92.19, for a total transaction of $460,950.00. Following the completion of the transaction, the chief financial officer now directly owns 64,442 shares of the company's stock, valued at $5,940,907.98. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 2.02% of the stock is currently owned by company insiders.

ePlus Company Profile

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.