Stifel Nicolaus analyst Matthew Sheerin maintained a Hold rating on Eplus (NASDAQ:PLUS) Inc. on Friday, setting a price target of $60, which is approximately 34.34% below the present share price of $91.38.
Sheerin expects Eplus Inc. to post earnings per share (EPS) of $1.48 for the first quarter of 2021.
The current consensus among 2 TipRanks analysts is for a Moderate Buy rating of shares in Eplus, with an average price target of $87.5.
The analysts price targets range from a high of $89 to a low of $86.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $433.08 million and a net profit of $28.73 million. The company's market cap is $1.23 billion.
According to TipRanks.com, Stifel Nicolaus analyst Matthew Sheerin is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 12.8% and a 66.44% success rate.
ePlus, Inc. is a holding company, which engages in the provision of information technology (IT) and consulting solutions for commercial, state and local governments, and government contractors. It operates through the Technology and Financing segments. The Technology segment sells IT products, third-party software, third-party maintenance, professional and managed services, and proprietary software. The Financing segment consists of the financing of IT equipment, software, and related services. The company was founded by Bruce M. Bowen in 1990 and is headquartered in Herndon, VA.