EPAM Systems, Inc. (NYSE:EPAM) Given Consensus Recommendation of "Moderate Buy" by Analysts

Key Points

• EPAM Systems has received a consensus rating of "Moderate Buy" from nineteen analysts, with the average 1-year price target being $219.41.
• The company has initiated a $1 billion stock buyback program, enabling the repurchase of up to 12.4% of its stock, indicating management's belief that shares are undervalued.
• In its latest quarterly earnings, EPAM reported $2.77 EPS which surpassed analysts' expectations, alongside an 18% year-over-year revenue growth.

EPAM Systems, Inc. (NYSE:EPAM - Get Free Report) has received a consensus rating of "Moderate Buy" from the nineteen analysts that are presently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell rating, four have issued a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating on the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $219.4118.

Several research analysts have commented on EPAM shares. Weiss Ratings restated a "sell (d+)" rating on shares of EPAM Systems in a report on Wednesday, October 8th. Cowen raised shares of EPAM Systems from a "hold" rating to a "buy" rating in a research note on Monday, August 18th. Citigroup raised EPAM Systems to a "hold" rating in a research report on Thursday. Wall Street Zen lowered EPAM Systems from a "buy" rating to a "hold" rating in a research report on Saturday, September 13th. Finally, JPMorgan Chase & Co. decreased their price objective on EPAM Systems from $205.00 to $201.00 and set an "overweight" rating for the company in a report on Wednesday, August 20th.

Insider Activity

In related news, SVP Sergey Yezhkov sold 1,511 shares of the stock in a transaction dated Tuesday, October 21st. The shares were sold at an average price of $150.27, for a total value of $227,057.97. Following the completion of the transaction, the senior vice president directly owned 146 shares in the company, valued at $21,939.42. This trade represents a 91.19% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 4.30% of the stock is currently owned by insiders.

Hedge Funds Weigh In On EPAM Systems

A number of institutional investors and hedge funds have recently made changes to their positions in EPAM. CYBER HORNET ETFs LLC bought a new position in EPAM Systems during the 2nd quarter valued at approximately $27,000. Sound Income Strategies LLC bought a new position in EPAM Systems during the 2nd quarter valued at approximately $29,000. MUFG Securities EMEA plc bought a new position in EPAM Systems during the 2nd quarter valued at approximately $30,000. True Wealth Design LLC increased its holdings in shares of EPAM Systems by 1,870.0% during the third quarter. True Wealth Design LLC now owns 197 shares of the information technology services provider's stock valued at $30,000 after acquiring an additional 187 shares in the last quarter. Finally, Elevation Point Wealth Partners LLC bought a new position in shares of EPAM Systems during the second quarter valued at $49,000. Institutional investors own 91.58% of the company's stock.

EPAM Systems Stock Performance

Shares of NYSE:EPAM opened at $159.15 on Friday. The company has a market cap of $8.86 billion, a price-to-earnings ratio of 22.70, a price-to-earnings-growth ratio of 2.27 and a beta of 1.65. The company has a 50-day moving average price of $158.32 and a 200-day moving average price of $164.13. The company has a current ratio of 3.17, a quick ratio of 3.17 and a debt-to-equity ratio of 0.01. EPAM Systems has a 12 month low of $138.15 and a 12 month high of $269.00.

EPAM Systems (NYSE:EPAM - Get Free Report) last released its quarterly earnings results on Thursday, August 7th. The information technology services provider reported $2.77 EPS for the quarter, beating analysts' consensus estimates of $2.61 by $0.16. The business had revenue of $1.35 billion during the quarter, compared to analyst estimates of $1.33 billion. EPAM Systems had a return on equity of 14.00% and a net margin of 7.91%.EPAM Systems's quarterly revenue was up 18.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.45 EPS. EPAM Systems has set its FY 2025 guidance at 10.960-11.120 EPS. Q3 2025 guidance at 2.980-3.060 EPS. As a group, equities analysts anticipate that EPAM Systems will post 8.9 EPS for the current year.

EPAM Systems declared that its Board of Directors has initiated a stock buyback program on Tuesday, October 21st that allows the company to repurchase $1.00 billion in shares. This repurchase authorization allows the information technology services provider to repurchase up to 12.4% of its stock through open market purchases. Stock repurchase programs are often an indication that the company's board of directors believes its shares are undervalued.

EPAM Systems Company Profile

EPAM Systems, Inc provides digital platform engineering and software development services worldwide. The company offers engineering services, including requirements analysis and platform selection, customization, cross-platform migration, implementation, and integration; infrastructure management services, such as software development, testing, performance tuning, deployment, maintenance, and support services.

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