Sidoti Csr Issues Pessimistic Forecast for ePlus Earnings

ePlus inc. (NASDAQ:PLUS - Free Report) - Analysts at Sidoti Csr lowered their Q2 2026 EPS estimates for shares of ePlus in a research report issued to clients and investors on Monday, April 7th. Sidoti Csr analyst G. Burns now forecasts that the software maker will post earnings of $0.90 per share for the quarter, down from their prior estimate of $0.97. The consensus estimate for ePlus' current full-year earnings is $3.78 per share. Sidoti Csr also issued estimates for ePlus' Q4 2026 earnings at $0.74 EPS.

ePlus (NASDAQ:PLUS - Get Free Report) last issued its earnings results on Wednesday, February 5th. The software maker reported $0.91 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.28 by ($0.37). ePlus had a net margin of 4.93% and a return on equity of 11.23%.

Separately, StockNews.com upgraded shares of ePlus from a "hold" rating to a "buy" rating in a research note on Tuesday, April 8th.

ePlus Stock Performance

ePlus stock traded down $0.12 during midday trading on Wednesday, reaching $58.11. The stock had a trading volume of 40,851 shares, compared to its average volume of 236,530. The firm has a market capitalization of $1.55 billion, a PE ratio of 14.82, a P/E/G ratio of 1.83 and a beta of 1.12. ePlus has a 12 month low of $53.83 and a 12 month high of $106.98. The company has a quick ratio of 1.69, a current ratio of 1.83 and a debt-to-equity ratio of 0.01. The firm's 50-day moving average price is $64.57 and its 200 day moving average price is $77.79.

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Hedge Funds Weigh In On ePlus

Several hedge funds have recently made changes to their positions in the stock. Smartleaf Asset Management LLC grew its holdings in ePlus by 91.1% during the 4th quarter. Smartleaf Asset Management LLC now owns 342 shares of the software maker's stock valued at $25,000 after buying an additional 163 shares in the last quarter. Cascade Investment Advisors Inc. boosted its position in shares of ePlus by 1.6% in the first quarter. Cascade Investment Advisors Inc. now owns 16,264 shares of the software maker's stock valued at $993,000 after acquiring an additional 260 shares during the period. Foundry Partners LLC grew its stake in ePlus by 3.8% during the fourth quarter. Foundry Partners LLC now owns 7,469 shares of the software maker's stock valued at $552,000 after acquiring an additional 274 shares in the last quarter. Jones Financial Companies Lllp increased its holdings in ePlus by 256.8% during the 4th quarter. Jones Financial Companies Lllp now owns 421 shares of the software maker's stock worth $31,000 after acquiring an additional 303 shares during the period. Finally, Huntington National Bank lifted its stake in ePlus by 35.8% in the 4th quarter. Huntington National Bank now owns 1,168 shares of the software maker's stock worth $86,000 after purchasing an additional 308 shares in the last quarter. 93.80% of the stock is currently owned by hedge funds and other institutional investors.

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.