Shares of EPAM Systems, Inc. (NYSE:EPAM – Get Free Report) have earned an average recommendation of “Moderate Buy” from the eighteen ratings firms that are currently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and thirteen have assigned a buy rating to the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $224.0625.
Several analysts have recently commented on EPAM shares. Cowen raised shares of EPAM Systems from a “hold” rating to a “buy” rating in a research report on Monday, August 18th. Wall Street Zen downgraded EPAM Systems from a “buy” rating to a “hold” rating in a research report on Saturday, September 13th. Deutsche Bank Aktiengesellschaft assumed coverage on EPAM Systems in a report on Thursday, July 17th. They set a “hold” rating and a $171.00 price target for the company. Weiss Ratings reissued a “sell (d+)” rating on shares of EPAM Systems in a research report on Saturday, September 27th. Finally, JPMorgan Chase & Co. decreased their target price on shares of EPAM Systems from $205.00 to $201.00 and set an “overweight” rating on the stock in a research report on Wednesday, August 20th.
View Our Latest Stock Report on EPAM
EPAM Systems Stock Up 0.9%
EPAM Systems (NYSE:EPAM – Get Free Report) last released its quarterly earnings data on Thursday, August 7th. The information technology services provider reported $2.77 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.61 by $0.16. EPAM Systems had a net margin of 7.91% and a return on equity of 14.00%. The firm had revenue of $1.35 billion during the quarter, compared to analysts’ expectations of $1.33 billion. During the same period last year, the business earned $2.45 earnings per share. EPAM Systems’s revenue was up 18.0% compared to the same quarter last year. EPAM Systems has set its FY 2025 guidance at 10.960-11.120 EPS. Q3 2025 guidance at 2.980-3.060 EPS. As a group, equities analysts anticipate that EPAM Systems will post 8.9 earnings per share for the current year.
Institutional Trading of EPAM Systems
Institutional investors have recently added to or reduced their stakes in the stock. Brighton Jones LLC acquired a new position in EPAM Systems during the fourth quarter worth $218,000. Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in EPAM Systems during the 4th quarter worth about $4,581,000. Wealth Enhancement Advisory Services LLC boosted its holdings in EPAM Systems by 42.1% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 6,118 shares of the information technology services provider’s stock valued at $1,431,000 after acquiring an additional 1,812 shares during the period. GAMMA Investing LLC grew its position in EPAM Systems by 16,784.0% in the 1st quarter. GAMMA Investing LLC now owns 198,218 shares of the information technology services provider’s stock valued at $33,467,000 after acquiring an additional 197,044 shares in the last quarter. Finally, Rhumbline Advisers increased its stake in EPAM Systems by 12.1% during the first quarter. Rhumbline Advisers now owns 110,537 shares of the information technology services provider’s stock worth $18,663,000 after purchasing an additional 11,898 shares during the period. Institutional investors and hedge funds own 91.58% of the company’s stock.
About EPAM Systems
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.
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