Somewhat Favorable Media Coverage Somewhat Unlikely to Affect ePlus (NASDAQ:PLUS) Share Price

News coverage about ePlus (NASDAQ:PLUS) has been trending somewhat positive on Sunday, according to Accern. The research firm identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. ePlus earned a daily sentiment score of 0.23 on Accern’s scale. Accern also assigned headlines about the software maker an impact score of 46.1734375958816 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

Here are some of the headlines that may have effected Accern Sentiment’s rankings:

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PLUS traded down $0.85 during midday trading on Friday, hitting $76.15. 100,166 shares of the company traded hands, compared to its average volume of 87,525. The company has a quick ratio of 1.44, a current ratio of 1.59 and a debt-to-equity ratio of 0.01. The company has a market cap of $1,062.22, a price-to-earnings ratio of 20.36 and a beta of 1.15. ePlus has a 52-week low of $63.76 and a 52-week high of $97.75.

ePlus (NASDAQ:PLUS) last posted its quarterly earnings data on Wednesday, February 7th. The software maker reported $0.97 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.84 by $0.13. The business had revenue of $342.57 million for the quarter, compared to the consensus estimate of $344.25 million. ePlus had a net margin of 4.01% and a return on equity of 15.06%. research analysts forecast that ePlus will post 4.13 EPS for the current year.

A number of analysts have recently weighed in on the stock. Zacks Investment Research upgraded shares of ePlus from a “strong sell” rating to a “hold” rating in a research note on Thursday, January 4th. BidaskClub upgraded shares of ePlus from a “sell” rating to a “hold” rating in a research note on Tuesday, January 16th. Finally, Sidoti raised shares of ePlus from a “neutral” rating to a “buy” rating in a report on Friday, February 9th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $78.00.

In related news, CEO Mark P. Marron sold 17,973 shares of the firm’s stock in a transaction dated Friday, February 16th. The shares were sold at an average price of $75.29, for a total transaction of $1,353,187.17. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Lawrence S. Herman sold 500 shares of the firm’s stock in a transaction dated Thursday, February 15th. The stock was sold at an average price of $74.47, for a total transaction of $37,235.00. The disclosure for this sale can be found here. Over the last three months, insiders sold 21,473 shares of company stock worth $1,631,772. Insiders own 3.25% of the company’s stock.

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ePlus Company Profile

ePlus inc., an engineering-centric technology solutions provider, provides information technology (IT) products and services, flexible leasing and financing solutions, and enterprise supply management in the United States. It operates through two segments, Technology and Financing. The Technology segment sells IT products, such as hardware, software, maintenance, software assurance, and services; and offers advanced professional and managed services, including data center infrastructure, networking, security, cloud, and collaboration, as well as ePlus managed, professional, security, staff augmentation, server and desktop support, and project management services.

Insider Buying and Selling by Quarter for ePlus (NASDAQ:PLUS)

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