EPAM Systems, Inc. (NYSE:EPAM) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of EPAM Systems, Inc. (NYSE:EPAM) have been assigned an average rating of “Moderate Buy” from the seventeen research firms that are presently covering the company, MarketBeat reports. Four research analysts have rated the stock with a hold recommendation and thirteen have issued a buy recommendation on the company. The average twelve-month price target among brokers that have covered the stock in the last year is $226.25.

A number of brokerages recently issued reports on EPAM. Wall Street Zen raised shares of EPAM Systems from a “hold” rating to a “buy” rating in a research note on Saturday, August 2nd. Guggenheim lifted their price target on EPAM Systems from $210.00 to $215.00 and gave the company a “buy” rating in a research note on Friday, May 9th. Cowen raised EPAM Systems from a “hold” rating to a “buy” rating in a report on Monday, August 18th. TD Cowen raised EPAM Systems from a “hold” rating to a “buy” rating and set a $205.00 price objective on the stock in a research note on Monday, August 18th. Finally, Barclays lifted their target price on EPAM Systems from $200.00 to $215.00 and gave the company an “overweight” rating in a research report on Monday, May 12th.

Hedge Funds Weigh In On EPAM Systems

A number of institutional investors have recently added to or reduced their stakes in EPAM. CYBER HORNET ETFs LLC bought a new stake in shares of EPAM Systems during the second quarter worth $27,000. Sound Income Strategies LLC acquired a new position in EPAM Systems in the 2nd quarter worth about $29,000. MUFG Securities EMEA plc bought a new position in EPAM Systems in the second quarter valued at about $30,000. Sentry Investment Management LLC acquired a new stake in shares of EPAM Systems during the first quarter valued at about $33,000. Finally, CX Institutional bought a new stake in shares of EPAM Systems during the first quarter worth about $42,000. 91.58% of the stock is currently owned by institutional investors and hedge funds.

EPAM Systems Stock Down 3.4%

EPAM stock opened at $168.08 on Friday. EPAM Systems has a 52 week low of $138.15 and a 52 week high of $269.00. The business has a 50-day simple moving average of $168.10 and a 200 day simple moving average of $172.95. The company has a quick ratio of 3.17, a current ratio of 3.17 and a debt-to-equity ratio of 0.01. The company has a market cap of $9.36 billion, a PE ratio of 23.98, a price-to-earnings-growth ratio of 2.53 and a beta of 1.66.

EPAM Systems (NYSE:EPAM) last released its earnings results on Thursday, August 7th. The information technology services provider reported $2.77 EPS for the quarter, beating the consensus estimate of $2.61 by $0.16. The firm had revenue of $1.35 billion for the quarter, compared to analyst estimates of $1.33 billion. EPAM Systems had a net margin of 7.91% and a return on equity of 14.00%. The business’s quarterly revenue was up 18.0% compared to the same quarter last year. During the same period last year, the firm 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. Sell-side analysts anticipate that EPAM Systems will post 8.9 EPS for the current fiscal year.

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.