NYSE:EPAMEPAM Systems Stock Price, Forecast & News

EPAM Systems' stock was trading at $202.71 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, EPAM shares have increased by 27.5% and is now trading at $258.36. View which stocks have been most impacted by Coronavirus.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for EPAM Systems in the last year. There are currently 4 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for EPAM Systems.

EPAM Systems is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for EPAM Systems.

EPAM Systems Inc (NYSE:EPAM) issued its quarterly earnings data on Thursday, May, 7th. The information technology services provider reported $1.43 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $1.40 by $0.03. The information technology services provider earned $651.36 million during the quarter, compared to the consensus estimate of $650.01 million. EPAM Systems had a return on equity of 18.45% and a net margin of 11.79%. The firm's revenue was up 24.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.25 EPS. View EPAM Systems' earnings history.

EPAM Systems updated its second quarter earnings guidance on Thursday, May, 7th. The company provided earnings per share (EPS) guidance of $1.12 to $1.31 for the period, compared to the Thomson Reuters consensus estimate of $1.25. The company issued revenue guidance of $590 million to $605 million, compared to the consensus revenue estimate of $587.27 million.

13 brokerages have issued 1 year price objectives for EPAM Systems' shares. Their forecasts range from $220.00 to $272.00. On average, they anticipate EPAM Systems' share price to reach $248.42 in the next year. This suggests that the stock has a possible downside of 3.8%. View analysts' price targets for EPAM Systems.

Media headlines about EPAM stock have been trending positive recently, according to InfoTrie Sentiment. The research firm scores the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. EPAM Systems earned a daily sentiment score of 2.1 on InfoTrie's scale. They also gave news coverage about the information technology services provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the near term. View the latest news about EPAM Systems.

EPAM Systems saw a drop in short interest in June. As of June 15th, there was short interest totaling 1,200,000 shares, a drop of 12.4% from the May 31st total of 1,370,000 shares. Based on an average trading volume of 430,400 shares, the days-to-cover ratio is presently 2.8 days. Approximately 2.2% of the shares of the company are sold short. 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), Unisys (UIS), Forrester Research (FORR), The Hackett Group (HCKT) and Servicesource International (SREV). View all competitors.

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

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 investors include Brasada Capital Management LP (0.11%), Envestnet Asset Management Inc. (0.09%), State of Alaska Department of Revenue (0.05%), Gateway Investment Advisers LLC (0.03%), AdvisorShares Investments LLC (0.01%) and IFM Investors Pty Ltd (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 IFM Investors Pty Ltd, Redhawk Wealth Advisors Inc., and Brasada Capital Management LP. 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, and Ronald P Vargo. View insider buying and selling activity for EPAM Systems.

EPAM stock was bought by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Gateway Investment Advisers LLC, AdvisorShares Investments LLC, Envestnet Asset Management Inc., Forte Capital LLC ADV, Fulton Bank N. A., and Ellevest Inc.. 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 $258.36.

EPAM Systems has a market capitalization of $14.38 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]