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.
A number of analysts gave price targets for PLUS. The maximum price target given was 77, implying potential capital gains of -5.17 percent. The most pessimistic price target was 68, implying potential capital losses of -16.26 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. The average change in earnings estimates over the last 90 days is 2.85 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -3.93 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 0 analysts that revised their FY estimates downwards.
The growth rate of PLUS's earnings is estimated by analysts to be 22.18 percent. 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. People often look for the PEG ratio to be under 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of PLUS is 1.13.
In the trailing 52-weeks, PLUS hit 81.60 at the highest peak, while it's lowest trading point was 39.89. Currently the stock is 103.56 percent higher than its low, and below the high by 0.49 percent. PLUS has a P/E 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's next earnings release will be on 0000-00-00, which is days away.