eplus inc
(PLUS:Consolidated Issue Listed on Nasdaq Glbl Slct Mrkt)
eplus inc (PLUS) Snapshot
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Open
$48.90
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Previous Close
$49.08
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Day High
$49.55
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Day Low
$48.29
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52 Week High
05/17/13 - $49.90
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52 Week Low
06/1/12 - $28.19
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Market Cap
399.2M
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Average Volume 10 Days
21.1K
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EPS TTM
$4.28
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Shares Outstanding
8.2M
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EX-Date
12/13/12
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P/E TM
11.4x
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Dividend
--
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Dividend Yield
5.10%
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Related News
eplus inc (PLUS) Related Businessweek News
No Related Businessweek News Foundeplus inc (PLUS) Details
ePlus inc., through its subsidiaries, sells, leases, finances, and manages information technology (IT) and other assets in the United States. The company’s Technology Sales Business segment is involved in direct marketing of IT equipment and third-party software solutions of Cisco Systems, Hewlett Packard, VMWare, NetApp, IBM, and Microsoft, as well as offers proprietary software for enterprise supply management, including order-entry and order-management software; procurement; spend, asset, and document management; distribution; and electronic catalog content management software and services. This segment also provides technology solutions in the areas of data center, storage, security, cloud enablement, and IT infrastructure that cover Internet telephony and communications, collaboration, cloud computing, virtual desktop infrastructure, network design and implementation, storage, security, virtualization, business continuity, visual communications, audio/visual technologies, maintenance, and implementation services. Its Financing Business segment offers various leasing and financing options for IT products and capital assets, such as computers, associated accessories and software, communication-related equipment, medical equipment, industrial machinery and equipment, office furniture and general office equipment, transportation equipment, and other general business equipment. This segment also leases and finances equipment; and supplies software and services directly and through relationships with vendors and equipment manufacturers. ePlus sells its products through direct sales force, and business development associates to commercial customers; federal, state, and local governments; hospitals; healthcare providers; K-12 schools; and higher education institutions. The company was formerly known as MLC Holdings, Inc. and changed its name to ePlus inc. in October, 1999. ePlus inc. was founded in 1990 and is headquartered in Herndon, Virginia.
eplus inc (PLUS) Top Compensated Officers
eplus inc (PLUS) Key Developments
ePlus inc. announced unaudited consolidated earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, the company’s total revenues were $242,025,000 compared to $224,028,000 for the same period in 2011. The increase in Revenue was due to increases in customer demand, particularly from Fortune 100 companies, and investments made over the last twelve months to improve product and service offerings and expand geographical footprint. Earnings before provision for income taxes was $15,529,000 compared to $14,434,000 for the same period in 2011. Net earnings were $9,033,000 or $1.11 per basic and diluted share compared to $8,743,000 or $1.04 per diluted share for the same period in 2011. For the nine months, the company’s total revenues were $746,800,000 compared to $606,582,000 for the same period in 2011. The increase in Revenue was driven by higher financing revenue, primarily as result of net gains realized from the early termination and buyout of certain leases. Earnings before provision for income taxes was $46,000,000 compared to $32,565,000 for the same period in 2011. Net earnings were $27,128,000 or $3.38 per basic and diluted share compared to $19,510,000 or $2.31 per basic and diluted share for the same period in 2011.
ePlus inc., Q3 2013 Earnings Call, Feb 07, 2013
ePlus inc. announced that they will report Q3, 2013 results at 5:00 PM, Eastern Standard Time on Feb 06, 2013
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Industry Analysis
PLUS
Industry Average
| Valuation | PLUS | Industry Range |
| Price/Earnings | 12.6x |
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| Price/Sales | 0.4x |
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| Price/Book | 1.7x |
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| Price/Cash Flow | 12.9x |
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| TEV/Sales | 0.2x |
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Post a JobJobs
- Sunnyvale, CA | ePlusPosted: May 12
- New York, NY | ePlusPosted: May 02
- New York, NY | ePlusPosted: Apr 07
- Sunnyvale, CA | ePlusPosted: May 01
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