EPAM Systems (NYSE:EPAM) Downgraded to “Hold” Rating by Wall Street Zen

EPAM Systems (NYSE:EPAM) was downgraded by equities research analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research report issued on Saturday.

EPAM has been the subject of a number of other research reports. Deutsche Bank Aktiengesellschaft began coverage on EPAM Systems in a research report on Thursday, July 17th. They set a “hold” rating and a $171.00 price target for the company. TD Cowen upgraded EPAM Systems from a “hold” rating to a “buy” rating and set a $205.00 price target for the company in a research report on Monday, August 18th. Morgan Stanley reduced their price target on EPAM Systems from $210.00 to $175.00 and set an “equal weight” rating for the company in a research report on Tuesday. Cowen upgraded EPAM Systems from a “hold” rating to a “buy” rating in a report on Monday, August 18th. Finally, JPMorgan Chase & Co. cut their price objective on EPAM Systems from $205.00 to $201.00 and set an “overweight” rating for the company in a report on Wednesday, August 20th. Thirteen research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $224.06.

EPAM Systems Price Performance

Shares of EPAM opened at $156.26 on Friday. The company has a market cap of $8.70 billion, a P/E ratio of 22.29, a PEG ratio of 2.29 and a beta of 1.66. The stock has a fifty day moving average price of $165.89 and a 200 day moving average price of $170.15. The company has a debt-to-equity ratio of 0.01, a current ratio of 3.17 and a quick ratio of 3.17. EPAM Systems has a 12 month low of $138.15 and a 12 month high of $269.00.

EPAM Systems (NYSE:EPAM) last announced its quarterly earnings results on Thursday, August 7th. The information technology services provider reported $2.77 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.61 by $0.16. EPAM Systems had a return on equity of 14.00% and a net margin of 7.91%.The company had revenue of $1.35 billion during the quarter, compared to analyst estimates of $1.33 billion. During the same quarter in the previous year, the firm posted $2.45 EPS. The firm’s quarterly revenue was up 18.0% on a year-over-year basis. 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, research analysts forecast that EPAM Systems will post 8.9 earnings per share for the current year.

Institutional Trading of EPAM Systems

Several large investors have recently added to or reduced their stakes in EPAM. CYBER HORNET ETFs LLC acquired a new stake in shares of EPAM Systems in the second quarter worth $27,000. Sound Income Strategies LLC purchased a new stake in EPAM Systems in the 2nd quarter worth about $29,000. MUFG Securities EMEA plc acquired a new stake in EPAM Systems during the 2nd quarter worth about $30,000. Sentry Investment Management LLC purchased a new position in EPAM Systems during the 1st quarter valued at about $33,000. Finally, CX Institutional purchased a new position in EPAM Systems during the 1st quarter valued at about $42,000. 91.58% of the stock is owned by institutional investors and hedge funds.

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.