EPAM Systems (EPAM) Given Daily News Impact Rating of 0.12
Headlines about EPAM Systems (NYSE:EPAM) have trended somewhat positive recently, according to Accern Sentiment. The research group scores the sentiment of media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. EPAM Systems earned a media sentiment score of 0.12 on Accern’s scale. Accern also gave news stories about the information technology services provider an impact score of 48.7324960181612 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
These are some of the media headlines that may have impacted Accern’s scoring:
- EPAM Systems (EPAM) Downgraded by Zacks Investment Research to Hold (americanbankingnews.com)
- EPAM and Black Box Create In-Store Dynamic Advertising Solution Using Instant Facial Recognition (finance.yahoo.com)
- EPAM Systems Inc (EPAM) Forecasted to Post FY2017 Earnings of $2.68 Per Share (americanbankingnews.com)
- EPAM Systems Inc (EPAM) Expected to Earn FY2017 Earnings of $2.67 Per Share (americanbankingnews.com)
- EPAM Systems (EPAM) Upgraded to Buy by Zacks Investment Research (americanbankingnews.com)
Several analysts have commented on EPAM shares. Zacks Investment Research raised EPAM Systems from a “hold” rating to a “buy” rating and set a $102.00 price objective for the company in a research note on Wednesday, November 1st. Cantor Fitzgerald reaffirmed a “buy” rating and set a $92.00 price objective on shares of EPAM Systems in a research note on Thursday, November 2nd. BidaskClub downgraded EPAM Systems from a “buy” rating to a “hold” rating in a research note on Saturday, September 16th. Cowen set a $115.00 price objective on EPAM Systems and gave the company a “buy” rating in a research note on Monday, December 11th. Finally, KeyCorp reaffirmed a “buy” rating on shares of EPAM Systems in a research note on Friday, October 20th. Two equities research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. EPAM Systems presently has an average rating of “Buy” and a consensus target price of $102.87.
EPAM Systems (EPAM) traded up $0.47 on Friday, reaching $110.87. The company’s stock had a trading volume of 260,850 shares, compared to its average volume of 257,267. The company has a current ratio of 5.56, a quick ratio of 5.56 and a debt-to-equity ratio of 0.03. EPAM Systems has a 12-month low of $63.32 and a 12-month high of $111.95. The stock has a market cap of $5,800.00, a P/E ratio of 46.98, a PEG ratio of 1.69 and a beta of 0.98.
EPAM Systems (NYSE:EPAM) last released its earnings results on Thursday, November 2nd. The information technology services provider reported $0.92 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.85 by $0.07. EPAM Systems had a return on equity of 15.70% and a net margin of 9.41%. The company had revenue of $377.50 million for the quarter, compared to analysts’ expectations of $368.22 million. During the same quarter in the previous year, the firm posted $0.76 EPS. The firm’s quarterly revenue was up 26.6% on a year-over-year basis. analysts predict that EPAM Systems will post 2.68 earnings per share for the current fiscal year.
In other EPAM Systems news, SVP Elaina Shekhter sold 1,261 shares of the business’s stock in a transaction that occurred on Thursday, November 2nd. The stock was sold at an average price of $95.00, for a total transaction of $119,795.00. Following the transaction, the senior vice president now owns 10,458 shares in the company, valued at approximately $993,510. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Arkadiy Dobkin sold 19,600 shares of the business’s stock in a transaction that occurred on Monday, November 20th. The stock was sold at an average price of $103.21, for a total value of $2,022,916.00. The disclosure for this sale can be found here. Insiders have sold a total of 229,154 shares of company stock worth $22,580,185 in the last quarter. 6.17% of the stock is currently owned by insiders.
EPAM Systems Company Profile
EPAM Systems, Inc is a g provider of software product development and digital platform engineering services to clients located primarily in North America, Europe, Asia and Australia. The Company’s service offerings cover the full software product development lifecycle from digital strategy and customer experience design to enterprise application platforms implementation and program management services and from complex software development services to maintenance, support, custom application development, application testing, and infrastructure management.
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