EPLUS Inc edges lower after 52W high test, momentum holds
EPLUS Inc slipped 0.82% to $95.36 on Friday, pulling back from the $98.14 52-week high reached earlier this month. The stock has rallied 34% from its March low of $70.96, supported by 13.5% revenue growth and a net margin of 5.1%. The P/E of 19.53 sits below the sector median for tech firms growing at a similar clip. EPS rose 6.9% year over year to $4.77. The Alpha Score of 55.2 is driven by momentum at 73.8, while value and quality scores of 51.6 and 56.1 suggest the valuation is reasonable but not distressed. The session's decline came on no company-specific news. Watch for the next quarterly report, expected in early November, to see if revenue growth can sustain above 10%.