Zacks Research Estimates EPAM Systems FY2027 Earnings

EPAM Systems, Inc. (NYSE:EPAM) – Research analysts at Zacks Research issued their FY2027 earnings per share estimates for EPAM Systems in a research report issued on Wednesday, March 12th. Zacks Research analyst R. Department anticipates that the information technology services provider will earn $11.32 per share for the year. The consensus estimate for EPAM Systems’ current full-year earnings is $8.90 per share.

EPAM Systems (NYSE:EPAM) last posted its quarterly earnings data on Thursday, February 20th. The information technology services provider reported $2.23 earnings per share for the quarter, missing analysts’ consensus estimates of $2.75 by ($0.52). EPAM Systems had a return on equity of 14.60% and a net margin of 9.61%. The company had revenue of $1.25 billion for the quarter, compared to analysts’ expectations of $1.21 billion.

Other analysts have also issued research reports about the company. StockNews.com lowered EPAM Systems from a “buy” rating to a “hold” rating in a research report on Friday, February 21st. Scotiabank dropped their target price on EPAM Systems from $275.00 to $250.00 and set a “sector outperform” rating on the stock in a report on Monday, February 24th. Needham & Company LLC reissued a “buy” rating and issued a $265.00 target price on shares of EPAM Systems in a report on Thursday, February 20th. Morgan Stanley increased their target price on EPAM Systems from $230.00 to $256.00 and gave the company an “equal weight” rating in a report on Friday, January 31st. Finally, Jefferies Financial Group dropped their target price on EPAM Systems from $305.00 to $288.00 and set a “buy” rating on the stock in a report on Tuesday, January 21st. Seven equities research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $267.33.

EPAM Systems Stock Up 1.2 %

EPAM Systems stock opened at $182.28 on Friday. EPAM Systems has a twelve month low of $169.43 and a twelve month high of $301.60. The stock’s fifty day simple moving average is $231.08 and its 200-day simple moving average is $222.32. The company has a current ratio of 2.96, a quick ratio of 4.56 and a debt-to-equity ratio of 0.01. The firm has a market capitalization of $10.37 billion, a P/E ratio of 23.25, a P/E/G ratio of 3.38 and a beta of 1.61.

Insider Transactions at EPAM Systems

In other news, CFO Jason D. Peterson sold 1,078 shares of the stock in a transaction dated Monday, January 27th. The shares were sold at an average price of $257.00, for a total transaction of $277,046.00. Following the completion of the sale, the chief financial officer now owns 23,382 shares in the company, valued at approximately $6,009,174. This represents a 4.41 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 4.30% of the company’s stock.

Institutional Investors Weigh In On EPAM Systems

Hedge funds have recently made changes to their positions in the business. EverSource Wealth Advisors LLC boosted its stake in shares of EPAM Systems by 90.0% during the fourth quarter. EverSource Wealth Advisors LLC now owns 114 shares of the information technology services provider’s stock worth $27,000 after buying an additional 54 shares during the period. Kayne Anderson Rudnick Investment Management LLC lifted its position in EPAM Systems by 2,500.0% in the fourth quarter. Kayne Anderson Rudnick Investment Management LLC now owns 130 shares of the information technology services provider’s stock valued at $30,000 after purchasing an additional 125 shares during the period. TD Private Client Wealth LLC lifted its position in EPAM Systems by 88.5% in the fourth quarter. TD Private Client Wealth LLC now owns 147 shares of the information technology services provider’s stock valued at $34,000 after purchasing an additional 69 shares during the period. Versant Capital Management Inc acquired a new stake in EPAM Systems in the fourth quarter valued at about $35,000. Finally, Farther Finance Advisors LLC lifted its position in EPAM Systems by 101.0% in the third quarter. Farther Finance Advisors LLC now owns 211 shares of the information technology services provider’s stock valued at $42,000 after purchasing an additional 106 shares during the period. Institutional investors and hedge funds 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.