NYSE:EPAM - EPAM Systems Stock Price, Forecast & 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 decreased by 13.3% and is now trading at $175.84. View which stocks have been mosted impacted by Coronavirus.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for EPAM Systems in the last year. There are currently 1 hold rating 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, May 14th 2020. View our earnings forecast for EPAM Systems.

EPAM Systems Inc (NYSE:EPAM) posted its quarterly earnings results on Thursday, February, 20th. The information technology services provider reported $1.51 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $1.24 by $0.27. The information technology services provider earned $632.80 million during the quarter, compared to analyst estimates of $618.11 million. EPAM Systems had a net margin of 11.38% and a return on equity of 18.63%. The business's revenue for the quarter was up 25.3% on a year-over-year basis. During the same quarter last year, the company posted $1.27 EPS. View EPAM Systems' earnings history.

EPAM Systems issued an update on its FY20 earnings guidance on Thursday, February, 20th. The company provided earnings per share (EPS) guidance of at least 6.30 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $6.46. The company issued revenue guidance of to exceed +22% yr/yr to ~$2.79 billion, compared to the consensus revenue estimate of $2.79 billion.

10 equities research analysts have issued 12-month price targets for EPAM Systems' shares. Their forecasts range from $200.00 to $274.00. On average, they anticipate EPAM Systems' share price to reach $247.33 in the next twelve months. This suggests a possible upside of 40.7% from the stock's current price. View analysts' price targets for EPAM Systems.

Headlines about EPAM stock have trended very negative recently, according to InfoTrie. InfoTrie rates the sentiment of news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. EPAM Systems earned a coverage optimism score of -3.3 on InfoTrie's scale. They also gave press coverage about the information technology services provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news aboutEPAM Systems.

EPAM Systems saw a increase in short interest during the month of March. As of March 13th, there was short interest totaling 692,400 shares, an increase of 33.4% from the February 27th total of 519,000 shares. Based on an average daily trading volume, of 278,600 shares, the short-interest ratio is presently 2.5 days. Currently, 1.3% of the shares of the stock 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), Unisys (UIS), Forrester Research (FORR), 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 Alibaba Group (BABA), Mastercard (MA), Adobe (ADBE), salesforce.com (CRM), Linn Energy (LINEQ), Visa (V), NVIDIA (NVDA), Paypal (PYPL), Netflix (NFLX) 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 many different retail and institutional investors. Top institutional investors include Fulcrum Equity Management (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 bought by a variety of institutional investors in the last quarter, including Fulcrum Equity Management. 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 $175.84.

EPAM Systems has a market capitalization of $9.72 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. 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]