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.
PLUS was given price targets by several analysts. The most optimistic analyst gave a price target of 77, implying a possible profit of -5.17 percent. The lowest price target was 68, implying a possible loss of -16.26 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. That number becomes 2.85 percent if we expand the time horizon to include the past 3 months instead of just one. 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.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts made negative revisions to their fiscal year's estimates.
PLUS has an estimated earnings growth rate of 22.18 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of PLUS is 1.13.
PLUS has traded between a high of 81.60 and a low of 39.89 over the past year. Currently the stock is 103.56 percent higher than its low, and 0.49 percent below the high. 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 will post this quarters earnings in days, on 0000-00-00.