ePlus inc. (PLUS)

NASDAQ: PLUS · IEX Real-Time Price · USD
79.23
-0.03 (-0.04%)
May 23, 2024, 4:00 PM EDT - Market closed
-0.04%
Market Cap 2.14B
Revenue (ttm) 2.23B
Net Income (ttm) 115.78M
Shares Out 26.95M
EPS (ttm) 4.33
PE Ratio 18.30
Forward PE 14.21
Dividend n/a
Ex-Dividend Date n/a
Volume 428,342
Open 81.40
Previous Close 79.26
Day's Range 76.26 - 83.15
52-Week Range 48.05 - 83.57
Beta 1.17
Analysts Hold
Price Target 80.00 (+0.97%)
Earnings Date May 22, 2024

About PLUS

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 in two segments, Technology and Financing. The Technology segment offers hardware, perpetual and subscription software, maintenance, software assurance, and internally provided and outsourced services; and professional and managed services, including managed, professional, security solutions, cloud consulting and host... [Read more]

Sector Technology
IPO Date Nov 14, 1996
Employees 1,754
Stock Exchange NASDAQ
Ticker Symbol PLUS
Full Company Profile

Financial Performance

In 2023, ePlus inc.'s revenue was $2.23 billion, an increase of 7.62% compared to the previous year's $2.07 billion. Earnings were $115.78 million, a decrease of -3.00%.

Financial Statements

Analyst Forecast

According to one analyst, the rating for PLUS stock is "Hold" and the 12-month stock price forecast is $80.0.

Price Target
$80.0
(0.97% upside)
Analyst Consensus: Hold
Stock Forecasts

News

ePlus Reports Fourth Quarter and Fiscal Year 2024 Financial Results and Announces New Share Repurchase Program

- Return to Double Digit Net Sales Growth in 4Q Marked a Strong Close to The Year - HERNDON, Va. , May 22, 2024 /PRNewswire/ -- Fourth Quarter Fiscal Year 2024 Net sales increased 12.7% to $554.5 mill...

1 day ago - PRNewsWire

ePlus Announces Fourth Quarter and Fiscal Year 2024 Earnings Release Date and Conference Call

HERNDON, Va., May 15, 2024 /PRNewswire/ -- ePlus inc. (NASDAQ NGS: PLUS) today announced that on May 22, 2024, it will release earnings and host a conference call regarding its financial results for t...

8 days ago - PRNewsWire

ePlus Honored as Growth Partner of the Year by Varonis

HERNDON, Va. , May 10, 2024 /PRNewswire/ -- ePlus inc.

14 days ago - PRNewsWire

Binary Defense Named as New Tier 2 Managed Detection and Response Partner for ePlus

HERNDON, Va., May 9, 2024 /PRNewswire/ -- ePlus inc. (NASDAQ NGS: PLUS – news) today announced Binary Defense as a new Tier 2 Managed Detection and Response (MDR) partner for ePlus.

15 days ago - PRNewsWire

ePlus Places on CRN 2024 MSP 500 Elite 150 and Tech Elite 250 Lists

HERNDON, Va., March 18, 2024 /PRNewswire/ -- ePlus inc. (NASDAQ NGS: PLUS – news) today announced that it has earned places on both the CRN MSP 500 List, in the Elite 150 category, and the CRN Tech El...

2 months ago - PRNewsWire

ePlus Reports Third Quarter and First Nine Months Financial Results

HERNDON, Va. , Feb. 6, 2024 /PRNewswire/ -- Third Quarter Fiscal Year 2024 Net sales decreased 18.4% to $509.1 million from last year's third quarter; technology business net sales decreased 19.2% to ...

3 months ago - PRNewsWire

ePlus Announces AI Ignite: Artificial Intelligence Assessment, Enablement and Implementation Offerings

Provides support throughout the AI journey to assess and build infrastructures that provide scalable processing performance, data management, and security HERNDON, Va. , Feb. 1, 2024 /PRNewswire/ -- e...

4 months ago - PRNewsWire

ePlus Announces Third Quarter and Nine Month Fiscal Year 2024 Earnings Release Date and Conference Call

HERNDON, Va., Jan. 30, 2024 /PRNewswire/ -- ePlus inc. (NASDAQ NGS: PLUS – news) today announced that on February 6, 2024, it will release earnings and host a conference call regarding its financial r...

4 months ago - PRNewsWire

ePlus Acquires PEAK Resources, Inc.

HERNDON, Va., Jan. 29, 2024 /PRNewswire/ -- ePlus inc. (NASDAQ NGS: PLUS – news) today announced that it has acquired certain assets of PEAK Resources, Inc. (PEAK). Based in Denver, CO, one of the fas...

4 months ago - PRNewsWire

ePlus Joins U.S. Chamber of Commerce

HERNDON, Va., Jan. 17, 2024 /PRNewswire/ -- ePlus inc. (NASDAQ NGS: PLUS – news) today announced its membership in the U.S. Chamber of Commerce as well as its participation in the Chamber's AI, Cybers...

4 months ago - PRNewsWire

ePlus Welcomes New Class of GRIT -- Girls Re-Imagining Tomorrow -- Participants

HERNDON, Va., Jan. 16, 2024 /PRNewswire/ -- ePlus inc. (NASDAQ NGS: PLUS – news) today announced the launch of its 2024 GRIT: Girls Re-Imagining Tomorrow® (GRIT) program across the U.S. GRIT is focuse...

4 months ago - PRNewsWire

Cisco Awards ePlus the Global Customer Experience (CX) Partner of the Year at Cisco Partner Summit

HERNDON, Va. , Nov. 10, 2023 /PRNewswire/ -- ePlus inc.

6 months ago - PRNewsWire

ePlus Reports Second Quarter and First Half Financial Results

Second Quarter Net Sales Growth of 19%  Builds on Strong First Quarter Performance- HERNDON, Va. , Nov. 7, 2023 /PRNewswire/ -- Second Quarter Fiscal Year 2024 Net sales increased 19.0% to $587.6 mill...

7 months ago - PRNewsWire

ePlus Announces Second Quarter and Six Month Fiscal Year 2024 Earnings Release Date and Conference Call

HERNDON, Va., Oct. 31, 2023 /PRNewswire/ -- ePlus inc. (NASDAQ NGS: PLUS – news) today announced that on November 7, 2023, it will release earnings and host a conference call regarding its financial r...

7 months ago - PRNewsWire

ePlus Wins 2023 Webex Partner Award

ePlus recognized as a Reimagine Work Partner of the Year HERNDON, Va. , Oct. 30, 2023 /PRNewswire/ -- ePlus inc.

7 months ago - PRNewsWire

ePlus Technology, inc. Joins Fiber Broadband Association

Premier-level membership aims to help advance access to reliable broadband and digital equity HERNDON, Va. , Oct. 25, 2023 /PRNewswire/ -- ePlus inc.

7 months ago - PRNewsWire

ePlus Launches its Proprietary Compromise Nothing Security Program to Facilitate Customers' Business Resilience

HERNDON, Va. , Oct. 4, 2023 /PRNewswire/ -- ePlus inc.

8 months ago - PRNewsWire

ePlus Team Joins Habitat for Humanity of Durham for Community Build

HERNDON, Va., Sept. 26, 2023 /PRNewswire/ -- ePlus inc. (NASDAQ NGS: PLUS – news) today announced that a team of ePlus employee volunteers joined forces with Habitat for Humanity of Durham to assist i...

8 months ago - PRNewsWire

ePlus to Present at Sidoti Virtual Investor Conference September 20-21, 2023

HERNDON, Va., Sept. 15, 2023 /PRNewswire/ -- ePlus inc. (NASDAQ NGS: PLUS – news) today announced that it will present and host one-on-one meetings with investors at the Sidoti September Virtual Inves...

8 months ago - PRNewsWire

ePlus Achieves VMware Cross-Cloud Managed Service Provider Designation

ePlus Cloud Disaster Recovery powered by VMware Cloud Disaster Recovery also recognized by VMware as a Validated Service Offering  HERNDON, Va. , Aug. 22, 2023 /PRNewswire/ -- ePlus inc.

9 months ago - PRNewsWire

ePlus Named NetApp North America FlexPod Partner of the Year for 2023

HERNDON, Va., Aug. 17, 2023 /PRNewswire/ -- ePlus inc.

10 months ago - PRNewsWire

ePlus Achieves Five New Cisco Powered Service Designations

HERNDON, Va., Aug. 9, 2023 /PRNewswire/ -- ePlus inc. (NASDAQ NGS: PLUS – news) today announced that it has successfully passed five new Cisco Powered Service audits, validating its ability to provide...

10 months ago - PRNewsWire

ePlus Reports First Quarter Fiscal Year 2024 Financial Results

EPS increased 51.2% to $1.27; Net Sales up 25.3% to $574.2 million HERNDON, Va. , Aug. 7, 2023 /PRNewswire/ -- First Quarter Fiscal Year 2024 Net sales increased 25.3% to $574.2 million from last year...

10 months ago - PRNewsWire

ePlus Announces First Quarter and Fiscal Year 2024 Earnings Release Date and Conference Call

HERNDON, Va. , July 31, 2023 /PRNewswire/ -- ePlus inc.

10 months ago - PRNewsWire

ePlus Expands SD-WAN Managed Services to Include Support for Palo Alto Networks

HERNDON, Va., July 25, 2023 /PRNewswire/ -- ePlus inc. (NASDAQ NGS: PLUS) (news) today announced that its wholly owned subsidiary, ePlus Technology, inc., has extended its portfolio to include SD-WAN ...

10 months ago - PRNewsWire