Analyst Ratings for ePlus Inc. (PLUS)Updated: 2017-07-29
An average rating of Overweight has been given to ePlus Inc. (NASDAQ:PLUS) by analysts covering the stock. About 30 days ago, PLUS was issued an average rating of Overweight.
3 analysts issued ratings on the stock, where 1 gave PLUS a buy rating, 0 issued an overweight rating, 2 gave a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
Investment analysts gave a few price targets for PLUS. The most optimistic price target was 77, implying a possible profit of -5.17 percent. The most pessimistic price target was 68, which equates to a potential downside of -16.26 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 2.85 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -3.93 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.
PLUS has an estimated earnings growth rate of 22.18 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. PLUS has a PEG ratio of 1.13.
PLUS has a 52-week high of 81.60 and a 52-week low of 39.89. The current market price is above the trailing year's low by 103.56 percent, and below the high by 0.49 percent. PLUS has a price/earnings ratio of 25.06. Investors typically compare the P/E ratio to a company's peers in the industry. The PLUS value stock report compares PLUS to some of its peers using value stock charts. The stock has a market capitalization of $1.15 billion. PLUS is estimated to release their earnings results for the quarter on 0000-00-00, days from today.