NYSE:EPAM - EPAM Systems Stock Price, Forecast & News

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

EPAM Systems Inc (NYSE:EPAM) released its quarterly earnings results on Thursday, November, 7th. The information technology services provider reported $1.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.33 by $0.06. The information technology services provider earned $588.10 million during the quarter, compared to the consensus estimate of $579.82 million. EPAM Systems had a return on equity of 18.44% and a net margin of 11.38%. The business's revenue was up 25.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.17 EPS. View EPAM Systems' Earnings History.

EPAM Systems is scheduled to release their next quarterly earnings announcement on Thursday, February 13th 2020. View Earnings Estimates for EPAM Systems.

EPAM Systems issued an update on its fourth quarter 2019 Pre-Market earnings guidance on Monday, November, 25th. The company provided EPS guidance of $1.43 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.42. The company issued revenue guidance of $$616 million, compared to the consensus revenue estimate of $$619.56 million.

11 equities research analysts have issued twelve-month price targets for EPAM Systems' shares. Their forecasts range from $165.00 to $263.00. On average, they anticipate EPAM Systems' share price to reach $221.90 in the next year. This suggests that the stock has a possible downside of 4.5%. View Analyst Price Targets for EPAM Systems.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for EPAM Systems in the last year. There are currently 1 sell rating and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for EPAM Systems.

Media headlines about EPAM stock have been trending very negative on Friday, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. EPAM Systems earned a daily sentiment score of -3.6 on InfoTrie's scale. They also gave press coverage about the information technology services provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the near future. View News Stories for EPAM Systems.

EPAM Systems saw a decline in short interest in the month of December. As of December 13th, there was short interest totalling 554,500 shares, a decline of 22.5% from the November 28th total of 715,200 shares. Based on an average trading volume of 293,700 shares, the short-interest ratio is currently 1.9 days. Currently, 1.1% of the shares of the company are short sold. View EPAM Systems' Current Options Chain.

Some companies that are related to EPAM Systems include Accenture (ACN), IBM (IBM), Cognizant Technology Solutions (CTSH), Leidos (LDOS), Gartner (IT), Booz Allen Hamilton (BAH), Amdocs (DOX), Caci International (CACI), Mantech International (MANT), Teradata (TDC), Virtusa (VRTU), Forrester Research (FORR), Unisys (UIS), The Hackett Group (HCKT) and Servicesource International (SREV).

Based on aggregate information from My MarketBeat watchlists, some companies that other EPAM Systems investors own include Linn Energy (LINEQ), Netflix (NFLX), Visa (V), Adobe (ADBE), Alibaba Group (BABA), Mastercard (MA), Paypal (PYPL), NVIDIA (NVDA), salesforce.com (CRM) and Walt Disney (DIS).

EPAM Systems' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Summit Creek Advisors LLC (0.18%), Brasada Capital Management LP (0.11%), Tocqueville Asset Management L.P. (0.06%), Assenagon Asset Management S.A. (0.04%), First Hawaiian Bank (0.02%) and Manning & Napier Group LLC (0.01%). 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 Viktar Dvorkin. View Institutional Ownership Trends for EPAM Systems.

EPAM stock was sold by a variety of institutional investors in the last quarter, including Tocqueville Asset Management L.P., Manning & Napier Group LLC, State of Alaska Department of Revenue, Brasada Capital Management LP, We Are One Seven LLC, HWG Holdings LP, OLD National Bancorp IN and IFM Investors Pty Ltd. Company insiders that have sold EPAM Systems company stock in the last year include Arkadiy Dobkin, Balazs Fejes, Boris Shnayder, Elaina Shekhter, Gary C Abrahams, Jason D Peterson, Jason Harman, Lawrence F Solomon, Richard Michael Mayoras and Ronald P Vargo. View Insider Buying and Selling for EPAM Systems.

EPAM stock was purchased by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Summit Creek Advisors LLC, Calamos Advisors LLC, Cerebellum GP LLC, First Hawaiian Bank and Winslow Evans & Crocker Inc.. View Insider Buying and Selling 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 $232.43.

EPAM Systems has a market capitalization of $12.78 billion and generates $1.84 billion in revenue each year. The information technology services provider earns $240.26 million in net income (profit) each year or $3.91 on an earnings per share basis. EPAM Systems employs 22,383 workers across the globe.View Additional Information About EPAM Systems.

The official website for EPAM Systems is http://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]