tiprankstipranks
Advertisement
Advertisement

ePlus Recasts Financials After Divesting U.S. Financing Unit

Story Highlights
  • ePlus sold its U.S. financing subsidiary on June 30, 2025, exiting most financing operations.
  • The company recast FY2025 financials to classify divested U.S. financing as discontinued operations.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
ePlus Recasts Financials After Divesting U.S. Financing Unit

Claim 30% Off TipRanks

Eplus ( (PLUS) ) has issued an announcement.

On June 30, 2025, ePlus completed the sale of Expo Holdings, LLC, its wholly owned subsidiary that housed its U.S. financing business, to Marlin Leasing Corporation, effectively divesting most of its financing segment and marking a strategic shift toward emphasizing its technology solutions operations. In connection with this divestiture, the company has determined that the domestic financing business qualifies as discontinued operations and has filed a Form 8-K to retrospectively recast selected sections of its fiscal 2025 Form 10-K so that the sold business is presented separately from continuing operations, without otherwise updating the prior annual report, thereby clarifying its financial presentation for investors and aligning historical disclosures with its reoriented business structure.

The most recent analyst rating on (PLUS) stock is a Buy with a $98.00 price target. To see the full list of analyst forecasts on Eplus stock, see the PLUS Stock Forecast page.

Spark’s Take on PLUS Stock

According to Spark, TipRanks’ AI Analyst, PLUS is a Outperform.

The score is driven primarily by strong fundamentals (growth, profitability, and low leverage) and a very positive earnings call with raised FY2026 guidance and operating leverage. This is tempered by weaker near-term technical momentum and only moderate valuation support given the modest dividend yield.

To see Spark’s full report on PLUS stock, click here.

More about Eplus

ePlus inc. operates as a technology solutions provider, historically combining IT financing with offerings that support customers’ acquisition of information technology equipment, software and related services. Following the sale of its domestic financing business, the company’s operations are now more sharply focused on technology solutions while it retains ownership of international financing entities.

Average Trading Volume: 180,859

Technical Sentiment Signal: Buy

Current Market Cap: $2.31B

See more insights into PLUS stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1