EPAM Systems, Inc. (NYSE:EPAM) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of EPAM Systems, Inc. (NYSE:EPAM) have been given a consensus recommendation of “Moderate Buy” by the nineteen ratings firms that are covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, four have given a hold recommendation, thirteen have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $219.4118.

A number of brokerages have recently commented on EPAM. Deutsche Bank Aktiengesellschaft began coverage on shares of EPAM Systems in a research note on Thursday, July 17th. They set a “hold” rating and a $171.00 price objective on the stock. Wells Fargo & Company raised shares of EPAM Systems to a “strong-buy” rating in a research note on Wednesday, October 22nd. JPMorgan Chase & Co. dropped their price objective on shares of EPAM Systems from $205.00 to $201.00 and set an “overweight” rating on the stock in a research note on Wednesday, August 20th. Cowen raised shares of EPAM Systems from a “hold” rating to a “buy” rating in a research note on Monday, August 18th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of EPAM Systems in a research note on Wednesday, October 8th.

Insider Transactions at EPAM Systems

In related news, SVP Sergey Yezhkov sold 1,511 shares of EPAM Systems stock in a transaction on Tuesday, October 21st. The shares were sold at an average price of $150.27, for a total value of $227,057.97. Following the sale, the senior vice president owned 146 shares of the company’s stock, valued at approximately $21,939.42. This trade represents a 91.19% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 4.30% of the company’s stock.

Institutional Investors Weigh In On EPAM Systems

Institutional investors have recently added to or reduced their stakes in the stock. CYBER HORNET ETFs LLC acquired a new stake in EPAM Systems in the 2nd quarter valued at $27,000. Sound Income Strategies LLC acquired a new stake in EPAM Systems in the 2nd quarter valued at $29,000. MUFG Securities EMEA plc acquired a new stake in EPAM Systems in the 2nd quarter valued at $30,000. Manning & Napier Advisors LLC acquired a new stake in EPAM Systems in the 3rd quarter valued at $25,000. Finally, True Wealth Design LLC grew its stake in EPAM Systems by 1,870.0% in the 3rd quarter. True Wealth Design LLC now owns 197 shares of the information technology services provider’s stock valued at $30,000 after acquiring an additional 187 shares during the period. Institutional investors and hedge funds own 91.58% of the company’s stock.

EPAM Systems Stock Performance

EPAM opened at $163.01 on Friday. EPAM Systems has a 12-month low of $138.15 and a 12-month high of $269.00. The company has a current ratio of 3.17, a quick ratio of 3.17 and a debt-to-equity ratio of 0.01. The firm has a market capitalization of $9.08 billion, a PE ratio of 23.25, a P/E/G ratio of 2.35 and a beta of 1.65. The firm has a 50 day moving average of $158.08 and a two-hundred day moving average of $164.55.

EPAM Systems (NYSE:EPAM) last issued its quarterly earnings data on Thursday, August 7th. The information technology services provider reported $2.77 EPS for the quarter, topping analysts’ consensus estimates of $2.61 by $0.16. The business had revenue of $1.35 billion for the quarter, compared to analysts’ expectations of $1.33 billion. EPAM Systems had a net margin of 7.91% and a return on equity of 14.00%. The business’s revenue was up 18.0% on a year-over-year basis. During the same quarter last year, the company earned $2.45 EPS. EPAM Systems has set its FY 2025 guidance at 10.960-11.120 EPS. Q3 2025 guidance at 2.980-3.060 EPS. On average, analysts anticipate that EPAM Systems will post 8.9 EPS for the current year.

EPAM Systems announced that its board has initiated a share repurchase plan on Tuesday, October 21st that authorizes the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization authorizes the information technology services provider to buy up to 12.4% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company’s board believes its shares are undervalued.

EPAM Systems Company Profile

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.