EPAM Systems Stock Forecast, Price & News

EPAM Systems' stock was trading at $202.71 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, EPAM shares have increased by 59.3% and is now trading at $322.95.
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14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for EPAM Systems in the last year. There are currently 1 sell rating, 2 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
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EPAM Systems is scheduled to release its next quarterly earnings announcement on Thursday, November 5th 2020.
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EPAM Systems Inc (NYSE:EPAM) announced its quarterly earnings data on Thursday, August, 6th. The information technology services provider reported $1.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.97 by $0.49. The information technology services provider had revenue of $632.40 million for the quarter, compared to the consensus estimate of $596.71 million. EPAM Systems had a net margin of 11.73% and a return on equity of 18.45%. EPAM Systems's revenue was up 14.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.28 earnings per share.
View EPAM Systems' earnings history.

EPAM Systems issued an update on its third quarter earnings guidance on Thursday, August, 6th. The company provided earnings per share (EPS) guidance of $1.40-1.49 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.33. The company issued revenue guidance of $633-643 million, compared to the consensus revenue estimate of $626.13 million.

14 brokers have issued 1 year target prices for EPAM Systems' shares. Their forecasts range from $220.00 to $370.00. On average, they expect EPAM Systems' share price to reach $287.31 in the next year. This suggests that the stock has a possible downside of 11.0%.
View analysts' price targets for EPAM Systems.

EPAM Systems saw a drop in short interest during the month of August. As of August 31st, there was short interest totaling 1,010,000 shares, a drop of 11.4% from the August 15th total of 1,140,000 shares. Based on an average trading volume of 324,400 shares, the days-to-cover ratio is presently 3.1 days. Approximately 1.9% of the shares of the stock are sold short.
View EPAM Systems' Short Interest.

Some companies that are related to EPAM Systems include Accenture (ACN), IBM (IBM), Cognizant Technology Solutions (CTSH), Leidos (LDOS), Booz Allen Hamilton (BAH), Gartner (IT), Amdocs (DOX), Caci International (CACI), Mantech International (MANT), Teradata (TDC), Virtusa (VRTU), Unisys (UIS), Forrester Research (FORR), The Hackett Group (HCKT) and Servicesource International (SREV).
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Based on aggregate information from My MarketBeat watchlists, some companies that other EPAM Systems investors own include Mastercard (MA), NVIDIA (NVDA), Alibaba Group (BABA), salesforce.com (CRM), Adobe (ADBE), Visa (V), Walt Disney (DIS), Paypal (PYPL), Netflix (NFLX) and ServiceNow (NOW).

EPAM Systems trades on the New York Stock Exchange (NYSE) under the ticker symbol "EPAM."

EPAM Systems' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (9.04%), FMR LLC (3.87%), GQG Partners LLC (1.56%), Ensign Peak Advisors Inc (0.81%), Marshall Wace LLP (0.81%) and Bank of New York Mellon Corp (0.73%). Company insiders that own EPAM Systems stock include Arkadiy Dobkin, Balazs Fejes, Boris Shnayder, Elaina Shekhter, Gary C Abrahams, Jason D Peterson, Jason Harman, Lawrence F Solomon, Richard Michael Mayoras, Ronald P Vargo and Sergey Yezhkov.
View institutional ownership trends for EPAM Systems.

EPAM stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, CIBC Private Wealth Group LLC, Sumitomo Mitsui Trust Holdings Inc., Ensign Peak Advisors Inc, Robeco Institutional Asset Management B.V., APG Asset Management N.V., AQR Capital Management LLC, and Anchor Capital Advisors LLC. Company insiders that have sold EPAM Systems company stock in the last year include Balazs Fejes, Boris Shnayder, Elaina Shekhter, Gary C Abrahams, Jason D Peterson, Jason Harman, Lawrence F Solomon, Ronald P Vargo, and Sergey Yezhkov.
View insider buying and selling activity for EPAM Systems.

EPAM stock was purchased by a variety of institutional investors in the last quarter, including GQG Partners LLC, WCM Investment Management LLC, Mitsubishi UFJ Trust & Banking Corp, Neuberger Berman Group LLC, Thornburg Investment Management Inc., Bamco Inc. NY, Sara Bay Financial, and Candriam Luxembourg S.C.A..
View insider buying and selling activity for EPAM Systems.

Shares of EPAM can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of EPAM stock can currently be purchased for approximately $322.95.

EPAM Systems has a market capitalization of $18.04 billion and generates $2.29 billion in revenue each year. The information technology services provider earns $261.06 million in net income (profit) each year or $4.91 on an earnings per share basis. EPAM Systems employs 32,561 workers across the globe.

The official website for EPAM Systems is www.epam.com.

EPAM Systems' mailing address is 41 UNIVERSITY DRIVE SUITE 202, NEWTOWN PA, 18940. The information technology services provider can be reached via phone at 267-759-9000 or via email at [email protected]