ePlus Inc. ($PLUS) Possible Buy to $53 Confident Investor Rating: Good

Company name ePlus Inc.
Stock ticker PLUS
Live stock price [stckqut]PLUS[/stckqut]
P/E compared to competitors Good


Employee productivity Good
Sales growth Fair
EPS growth Good
P/E growth Poor
EBIT growth Good


Confident Investor Rating Good
Target stock price (TWCA growth scenario) $83.48
Target stock price (averages with growth) $7.18
Target stock price (averages with no growth) $5.4
Target stock price (manual assumptions) $67.38

The following company description is from Google Finance: https://www.google.com/finance?q=NASDAQ%3APLUS&sq=plus&sp=5&ei=iAicUrjSFtO60AGuJw

ePlus inc. (ePlus), along with its subsidiaries, is engaged in the business of selling, leasing, financing and managing information technology and other assets and provides software. The Company operates in two segments: technology sales business segment and financing business segment. The technology sales business segment includes sales of information technology hardware, third party software, professional engineering services, and third party maintenance contracts and the Company’s software. The Company’s financing business segment consists of the financing of equipment. On November 14, 2013, the Company’s subsidiary, ePlus Technology, Inc. acquired AdviStor, Inc.


Confident Investor comments: At this time, I think that a Confident Investor can cautiously invest in ePlus Inc. as long as the price is correct. Most of the fundamentals of ePlus Inc. are good, in fact the company ranks as a Good company, but there are some concerns with the price of the stock. I am not adding this company to my Watch List even though the stock is a Good Company.
If you would like to understand how to evaluate companies like I do on this site, please read my book, The Confident Investor.

For owners of my book, “The Confident Investor” I offer the following analysis (you must be logged in to this site as a book owner in order to see the following analysis). If you have registered and cannot see the balance of this article, make sure you are logged in and refresh your browser.
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In order to assist you in using the techniques of this book, the values that I used when calculating the Manual pricing above were:

Stock price at the time of the calculation: $54.02

Growth: 0.15

Current EPS (TTM): $4.15

P/E: 13

Future EPS Calc: $8.34

Future Stock Price Calc: $108.51

Target stock price: $67.37

I hope that this makes you a better investor. [/s2If]

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