NYSE:EPAM - EPAM Systems Stock Price, Price Target & More

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

EPAM Systems Inc (NYSE:EPAM) posted its quarterly earnings results on Wednesday, May, 9th. The information technology services provider reported $0.93 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.91 by $0.02. The information technology services provider had revenue of $424.15 million for the quarter, compared to analyst estimates of $414.15 million. EPAM Systems had a net margin of 7.33% and a return on equity of 17.45%. The firm's revenue for the quarter was up 30.6% on a year-over-year basis. During the same quarter last year, the business posted $0.72 EPS. View EPAM Systems' Earnings History.

EPAM Systems is scheduled to release their next quarterly earnings announcement on Wednesday, August, 1st 2018. View Earnings Estimates for EPAM Systems.

EPAM Systems issued an update on its FY18 earnings guidance on Wednesday, May, 9th. The company provided earnings per share guidance of $4.11 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.10. The company issued revenue guidance of at least $1.84 billion, compared to the consensus revenue estimate of $1.82 billion.EPAM Systems also updated its Q2 guidance to $0.98 EPS.

15 brokers have issued 1-year target prices for EPAM Systems' stock. Their forecasts range from $91.00 to $145.00. On average, they expect EPAM Systems' stock price to reach $124.80 in the next year. View Analyst Ratings for EPAM Systems.

EPAM Systems saw a decline in short interest in the month of May. As of May 31st, there was short interest totalling 431,482 shares, a decline of 53.7% from the May 15th total of 931,368 shares. Based on an average daily volume of 207,616 shares, the days-to-cover ratio is currently 2.1 days. Currently, 0.8% of the company's shares are short sold.

Some companies that are related to EPAM Systems include Wipro (WIT), NTT DATA Corp/ADR (NTDTY), Verisign (VRSN), Amdocs (DOX), Obic (OBIIF), Aspen Technology (AZPN), Sogou (SOGO), GEMALTO NV/S (GTOMY), Zscaler (ZS), Syntel (SYNT), Callidus Software (CALD), Virtusa (VRTU), Luxoft (LXFT), PROS (PRO) and Perficient (PRFT).

News stories about EPAM stock have trended positive this week, according to Accern. The research firm scores the sentiment of press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. EPAM Systems earned a media sentiment score of 0.27 on Accern's scale. They also gave news coverage about the information technology services provider an impact score of 44.75 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.

EPAM Systems' stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.02%), JPMorgan Chase & Co. (5.88%), Massachusetts Financial Services Co. MA (3.64%), Wells Fargo & Company MN (1.67%), Asset Management One Co. Ltd. (1.43%) and Northern Trust Corp (1.19%). Company insiders that own EPAM Systems stock include Anthony J Conte, Arkadiy Dobkin, Balazs Fejes, Elaina Shekhter, Ginger Mosier, Jason D Peterson, Jason Harman, Richard Michael Mayoras and Ronald P Vargo. View Institutional Ownership Trends for EPAM Systems.

EPAM stock was sold by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Baird Financial Group Inc., Oak Ridge Investments LLC, Russell Investments Group Ltd., Prudential Financial Inc., Azimuth Capital Management LLC, JPMorgan Chase & Co. and Barings LLC. Company insiders that have sold EPAM Systems company stock in the last year include Arkadiy Dobkin, Elaina Shekhter, Jason D Peterson, Jason Harman, Richard Michael Mayoras and Ronald P Vargo. View Insider Buying and Selling for EPAM Systems.

EPAM stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Asset Management One Co. Ltd., Millennium Management LLC, Royal Bank of Canada, Lord Abbett & CO. LLC, Hsbc Holdings PLC, Mitchell Capital Management Co. and TCW Group 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, Scottrade, Fidelity and Charles Schwab.

One share of EPAM stock can currently be purchased for approximately $123.31.

EPAM Systems has a market capitalization of $6.63 billion and generates $1.45 billion in revenue each year. The information technology services provider earns $72.76 million in net income (profit) each year or $2.85 on an earnings per share basis. EPAM Systems employs 25,962 workers across the globe.

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]