EPAM Systems (EPAM) Stock Price, News & Analysis

Company Overview

EPAM Systems, Inc. provides digital platform engineering and software development services worldwide. The company offers engineering services, including requirements analysis and platform selection, customization, cross-platform migration, implementation, and integration; infrastructure management services, such as software development, testing, performance tuning, deployment, maintenance, and support services. It also provides operation solutions comprising integrated engineering practices and smart automation services. In addition, the company offers business, experience, technology, data, and technical advisory consulting services; and digital and service design solutions, which comprise strategy, design, creative, and program management services, as well as physical product development, such as artificial intelligence, robotics, and virtual reality. The company serves the financial services, travel and consumer, software and hi-tech, business information and media, life sciences and healthcare, and other industries EPAM Systems, Inc. was founded in 1993 and is headquartered in Newtown, Pennsylvania.

Key Stats

• Today's Range: $242.94 to $247.12
• 50-Day Range: $188.65 to $248.70
• 52-Week Range: $169.43 to $317.50
• Volume: 422,874 shs
• Average Volume: 622,225 shs
• Market Capitalization: $13.91 billion
• P/E Ratio: 31.85
• Dividend Yield: N/A
• Price Target: $264.20
• Consensus Rating: Moderate Buy

EPAM Systems Stock Analysis - MarketRank™

EPAM Systems scored higher than 86% of companies evaluated by MarketBeat, and ranked 138th out of 647 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

EPAM Systems has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 12 buy ratings, 8 hold ratings, and no sell ratings.

Amount of Analyst Coverage

EPAM Systems has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 3.85%

Earnings Growth

Earnings for EPAM Systems are expected to grow by 3.85% in the coming year, from $8.58 to $8.91 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of EPAM Systems is 31.85, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.57.

Price to Earnings Ratio vs. Sector

The P/E ratio of EPAM Systems is 31.85, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 249.69.

Price to Earnings Growth Ratio

EPAM Systems has a PEG Ratio of 3.48. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

EPAM Systems has a P/B Ratio of 3.91. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.39% of the float of EPAM Systems has been sold short.

Short Interest Ratio / Days to Cover

EPAM Systems has a short interest ratio ("days to cover") of 1.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in EPAM Systems has recently increased by 8.61%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

EPAM Systems does not currently pay a dividend.

Dividend Growth

EPAM Systems does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 3.3 / 5
• Environmental Score: -0.83

Percentage of Shares Shorted

1.39% of the float of EPAM Systems has been sold short.

Short Interest Ratio / Days to Cover

EPAM Systems has a short interest ratio ("days to cover") of 1.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in EPAM Systems has recently increased by 8.61%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 4.1 / 5
• News Sentiment: 1.30

News Sentiment

EPAM Systems has a news sentiment score of 1.30. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.63 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 10 news articles for EPAM Systems this week, compared to 9 articles on an average week.

Search Interest

26 people have searched for EPAM on MarketBeat in the last 30 days. This is an increase of 333% compared to the previous 30 days.

MarketBeat Follows

7 people have added EPAM Systems to their MarketBeat watchlist in the last 30 days. This is an increase of 133% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, EPAM Systems insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $237,000.00 in company stock.

Percentage Held by Insiders

Only 4.30% of the stock of EPAM Systems is held by insiders.

Percentage Held by Institutions

91.58% of the stock of EPAM Systems is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

EPAM Stock Analysis - Frequently Asked Questions

How have EPAM shares performed this year?

EPAM Systems' stock was trading at $297.34 at the start of the year. Since then, EPAM shares have decreased by 17.5% and is now trading at $245.27.
View the best growth stocks for 2024 here.

How were EPAM Systems' earnings last quarter?

EPAM Systems, Inc. (NYSE:EPAM) issued its quarterly earnings data on Thursday, August, 8th. The information technology services provider reported $2.45 earnings per share for the quarter, beating the consensus estimate of $2.26 by $0.19. The business's revenue was down 2.0% on a year-over-year basis.

Is EPAM Systems doing a stock buyback?

EPAM Systems' Board of Directors authorized a share buyback program on Thursday, August 8th 2024, which permits the company to repurchase $500,000,000 in outstanding shares, according to EventVestor. This means that the company could purchase up to 4.3% of its shares through open market purchases. Shares buyback programs are usually an indication that the company's management believes its shares are undervalued.

Does EPAM Systems have any subsidiaries?

The following companies are subsidiaries of EPAM Systems: ENGINIETY, Optiva Media, Emakina, Seven4N, CORE, Just-BI, White Hat, and others.

Who are EPAM Systems' major shareholders?

EPAM Systems' top institutional investors include State Street Corp (4.45%), WCM Investment Management LLC (3.94%), FMR LLC (3.24%) and Geode Capital Management LLC (2.31%). Insiders that own company stock include Jason D Peterson, Balazs Fejes, Sergey Yezhkov, Lawrence F Solomon, Viktar Dvorkin, Elaina Shekhter, Gary C Abrahams, Eugene Roman, Arkadiy Dobkin, Boris Shnayder and Ronald P Vargo.
View institutional ownership trends.

How do I buy shares of EPAM Systems?

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

What other stocks do shareholders of EPAM Systems own?

Based on aggregate information from My MarketBeat watchlists, some other companies that EPAM Systems investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Tesla (TSLA), Broadcom (AVGO), PayPal (PYPL) and Adobe (ADBE).

Company Calendar

• Last Earnings: 8/08/2024
• Today: 11/22/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/20/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Computer and Technology
• Industry: Custom computer programming services
• Sub-Industry: IT Consulting & Other Services
• Current Symbol: NYSE:EPAM
• CUSIP: 29414B10
• CIK: 1352010
• Web: www.epam.com
• Phone: (267) 759-9000
• Fax: 267-759-8989
• Employees: 53,150
• Year Founded: 1993

Price Target and Rating

• Average Stock Price Target: $264.20
• High Stock Price Target: $355.00
• Low Stock Price Target: $195.00
• Potential Upside/Downside: +7.8%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.60
• Research Coverage: 20 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $7.70
• Trailing P/E Ratio: 31.84
• Forward P/E Ratio: 28.57
• P/E Growth: 3.48
• Net Income: $417.08 million
• Net Margins: 9.68%
• Pretax Margin: 12.39%
• Return on Equity: 14.92%
• Return on Assets: 11.91%

Debt

• Debt-to-Equity Ratio: 0.01
• Current Ratio: 4.56
• Quick Ratio: 4.56

Sales & Book Value

• Annual Sales: $4.64 billion
• Price / Sales: 3.00
• Cash Flow: $11.21 per share
• Price / Cash Flow: 21.86
• Book Value: $62.67 per share
• Price / Book: 3.91

Miscellaneous

• Outstanding Shares: 56,721,000
• Free Float: 54,282,000
• Market Cap: $13.91 billion
• Optionable: Optionable
• Beta: 1.46