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

Key Points

• EPAM Systems, Inc. has received a consensus rating of "Moderate Buy" from 17 research firms, with four analysts recommending a hold and thirteen a buy.
• The average twelve-month price target for EPAM stock among analysts is $226.25, and it recently saw a decline of 3.4%, opening at $168.08.
• In its latest earnings report, EPAM Systems posted an EPS of $2.77, exceeding expectations and achieving a revenue of $1.35 billion for the quarter.

Shares of EPAM Systems, Inc. (NYSE:EPAM - Get Free Report) have been assigned an average rating of "Moderate Buy" from the seventeen ratings firms that are currently covering the company, MarketBeat.com reports. Four investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. The average 12-month target price among brokers that have covered the stock in the last year is $226.25.

Several equities research analysts have issued reports on EPAM shares. Deutsche Bank Aktiengesellschaft started coverage on shares of EPAM Systems in a research report on Thursday, July 17th. They set a "hold" rating and a $171.00 target price for the company. TD Cowen upgraded shares of EPAM Systems from a "hold" rating to a "buy" rating and set a $205.00 price objective for the company in a report on Monday, August 18th. Cowen upgraded shares of EPAM Systems from a "hold" rating to a "buy" rating in a report on Monday, August 18th. JPMorgan Chase & Co. lowered their price objective on shares of EPAM Systems from $205.00 to $201.00 and set an "overweight" rating for the company in a report on Wednesday, August 20th. Finally, Wall Street Zen upgraded shares of EPAM Systems from a "hold" rating to a "buy" rating in a report on Saturday, August 2nd.

Institutional Investors Weigh In On EPAM Systems

A number of hedge funds have recently made changes to their positions in the business. Vanguard Group Inc. lifted its holdings in shares of EPAM Systems by 0.3% in the 2nd quarter. Vanguard Group Inc. now owns 6,985,172 shares of the information technology services provider's stock worth $1,235,118,000 after acquiring an additional 20,921 shares during the last quarter. Invesco Ltd. raised its holdings in EPAM Systems by 14.9% during the 2nd quarter. Invesco Ltd. now owns 4,102,790 shares of the information technology services provider's stock valued at $725,455,000 after buying an additional 533,292 shares during the last quarter. Ameriprise Financial Inc. raised its holdings in EPAM Systems by 4.1% during the 1st quarter. Ameriprise Financial Inc. now owns 2,270,561 shares of the information technology services provider's stock valued at $383,267,000 after buying an additional 89,418 shares during the last quarter. Massachusetts Financial Services Co. MA raised its holdings in EPAM Systems by 98.8% during the 1st quarter. Massachusetts Financial Services Co. MA now owns 1,628,304 shares of the information technology services provider's stock valued at $274,923,000 after buying an additional 809,423 shares during the last quarter. Finally, Geode Capital Management LLC raised its holdings in EPAM Systems by 1.1% during the 2nd quarter. Geode Capital Management LLC now owns 1,418,287 shares of the information technology services provider's stock valued at $250,752,000 after buying an additional 15,936 shares during the last quarter. 91.58% of the stock is currently owned by institutional investors.

EPAM Systems Price Performance

EPAM Systems stock traded up $1.23 during mid-day trading on Friday, hitting $169.32. 947,316 shares of the company traded hands, compared to its average volume of 710,923. EPAM Systems has a one year low of $138.15 and a one year high of $269.00. The stock has a market cap of $9.43 billion, a price-to-earnings ratio of 24.15, a price-to-earnings-growth ratio of 2.46 and a beta of 1.66. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.17 and a current ratio of 3.17. The stock has a fifty day moving average price of $167.99 and a 200-day moving average price of $171.73.

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

About EPAM Systems

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.