ePlus (PLUS) Expected to Announce Earnings on Wednesday

ePlus (NASDAQ:PLUS - Get Free Report) is expected to be posting its quarterly earnings results before the market opens on Wednesday, February 5th. Analysts expect ePlus to post earnings of $1.28 per share and revenue of $563.40 million for the quarter. Individual that wish to register for the company's earnings conference call can do so using this link.

ePlus Stock Performance

Shares of PLUS traded up $0.97 during trading hours on Friday, hitting $80.07. The company had a trading volume of 74,583 shares, compared to its average volume of 173,857. The firm has a market cap of $2.15 billion, a price-to-earnings ratio of 19.87, a PEG ratio of 1.79 and a beta of 1.10. The business has a fifty day moving average of $78.00 and a 200-day moving average of $86.96. ePlus has a 12 month low of $56.33 and a 12 month high of $106.98. The company has a quick ratio of 1.71, a current ratio of 1.85 and a debt-to-equity ratio of 0.01.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered shares of ePlus from a "buy" rating to a "hold" rating in a research report on Friday, November 15th.

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.