ePlus Inc (NASDAQ: PLUS) has reported earnings for its fourth fiscal quarter (ending March 31) of $0.83 versus $1.24 for the same period a year ago. For the latest four quarters through March 31, E.P.S. were $4.35 versus $4.49 for the same period a year ago.
Recent Price Action
ePlus Inc (NASDAQ: PLUS) stock declined slightly by -0.4% on 5/22/24. The stock closed at $79.26. Moreover, trading volume in this decline was unusually high at 183% of normal. The stock is unchanged during the last week but has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
PLUS’ future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
ePlus has a current Value Trend Rating of B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. ePlus has a neutral Appreciation Score of 54 but a good Power Rating of 84, triggering the Positive Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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