EPAM Systems’ (EPAM) Sell (D+) Rating Reaffirmed at Weiss Ratings

EPAM Systems (NYSE:EPAM)‘s stock had its “sell (d+)” rating restated by stock analysts at Weiss Ratings in a report issued on Wednesday,Weiss Ratings reports.

Other equities analysts also recently issued reports about the company. JPMorgan Chase & Co. lowered their price objective on EPAM Systems from $205.00 to $201.00 and set an “overweight” rating for the company in a research report on Wednesday, August 20th. TD Cowen upgraded EPAM Systems from a “hold” rating to a “buy” rating and set a $205.00 price objective for the company in a research report on Monday, August 18th. Morgan Stanley lowered their price objective on EPAM Systems from $210.00 to $175.00 and set an “equal weight” rating for the company in a research report on Tuesday, September 9th. Wall Street Zen downgraded EPAM Systems from a “buy” rating to a “hold” rating in a report on Saturday, September 13th. Finally, Deutsche Bank Aktiengesellschaft began coverage on EPAM Systems in a report on Thursday, July 17th. They set a “hold” rating and a $171.00 price objective for the company. Thirteen investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $224.06.

EPAM Systems Stock Performance

Shares of EPAM stock opened at $150.91 on Wednesday. The business’s 50-day moving average price is $159.76 and its 200-day moving average price is $165.38. EPAM Systems has a 12 month low of $138.15 and a 12 month high of $269.00. The firm has a market capitalization of $8.41 billion, a price-to-earnings ratio of 21.53, a PEG ratio of 2.17 and a beta of 1.65. The company has a current ratio of 3.17, a quick ratio of 3.17 and a debt-to-equity ratio of 0.01.

EPAM Systems (NYSE:EPAM) last issued its quarterly earnings data 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 the consensus estimate of $1.33 billion. During the same period last year, the company earned $2.45 earnings per share. The firm’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. Equities research analysts forecast that EPAM Systems will post 8.9 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Mirae Asset Global Investments Co. Ltd. lifted its position in shares of EPAM Systems by 18.1% during the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 7,248 shares of the information technology services provider’s stock valued at $1,224,000 after buying an additional 1,112 shares during the last quarter. SG Americas Securities LLC lifted its position in shares of EPAM Systems by 518.9% during the 1st quarter. SG Americas Securities LLC now owns 6,950 shares of the information technology services provider’s stock valued at $1,173,000 after buying an additional 5,827 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in shares of EPAM Systems by 85.5% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 7,107 shares of the information technology services provider’s stock valued at $1,299,000 after purchasing an additional 3,275 shares during the period. Pacific Capital Partners Ltd raised its stake in shares of EPAM Systems by 12.5% during the 2nd quarter. Pacific Capital Partners Ltd now owns 22,500 shares of the information technology services provider’s stock valued at $3,978,000 after purchasing an additional 2,500 shares during the period. Finally, Liontrust Investment Partners LLP bought a new stake in shares of EPAM Systems during the 1st quarter valued at $6,486,000. Hedge funds and other institutional investors own 91.58% of the company’s stock.

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.