Brokers Set Expectations for EPAM Systems FY2025 Earnings

EPAM Systems, Inc. (NYSE:EPAM) – Scotiabank decreased their FY2025 earnings per share (EPS) estimates for shares of EPAM Systems in a report released on Wednesday, March 19th. Scotiabank analyst D. Goyal now anticipates that the information technology services provider will post earnings per share of $8.07 for the year, down from their previous forecast of $8.60. Scotiabank has a “Sector Outperform” rating and a $250.00 price objective on the stock. The consensus estimate for EPAM Systems’ current full-year earnings is $8.90 per share.

Several other research firms have also recently weighed in on EPAM. Morgan Stanley raised their price target on EPAM Systems from $230.00 to $256.00 and gave the company an “equal weight” rating in a report on Friday, January 31st. Jefferies Financial Group dropped their target price on shares of EPAM Systems from $305.00 to $288.00 and set a “buy” rating for the company in a research report on Tuesday, January 21st. Barclays decreased their price target on shares of EPAM Systems from $290.00 to $270.00 and set an “overweight” rating on the stock in a report on Monday, March 10th. StockNews.com downgraded shares of EPAM Systems from a “buy” rating to a “hold” rating in a report on Friday, February 21st. Finally, The Goldman Sachs Group raised EPAM Systems from a “neutral” rating to a “buy” rating and increased their target price for the company from $235.00 to $295.00 in a research note on Friday, December 6th. Seven analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $262.47.

EPAM Systems Price Performance

NYSE:EPAM opened at $178.58 on Monday. EPAM Systems has a 52-week low of $169.43 and a 52-week high of $281.62. The stock has a fifty day moving average of $225.24 and a 200 day moving average of $221.60. The company has a debt-to-equity ratio of 0.01, a quick ratio of 4.56 and a current ratio of 2.96. The firm has a market capitalization of $10.16 billion, a price-to-earnings ratio of 22.78, a P/E/G ratio of 3.38 and a beta of 1.61.

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

Institutional Trading of EPAM Systems

Several large investors have recently modified their holdings of the business. Quest Partners LLC lifted its holdings in EPAM Systems by 36.7% in the 3rd quarter. Quest Partners LLC now owns 645 shares of the information technology services provider’s stock worth $128,000 after buying an additional 173 shares during the period. Pathstone Holdings LLC raised its holdings in shares of EPAM Systems by 32.6% during the third quarter. Pathstone Holdings LLC now owns 14,249 shares of the information technology services provider’s stock valued at $2,836,000 after acquiring an additional 3,507 shares in the last quarter. B. Metzler seel. Sohn & Co. Holding AG purchased a new stake in EPAM Systems in the third quarter worth $291,000. PNC Financial Services Group Inc. boosted its holdings in EPAM Systems by 10.1% in the third quarter. PNC Financial Services Group Inc. now owns 15,448 shares of the information technology services provider’s stock valued at $3,075,000 after acquiring an additional 1,414 shares in the last quarter. Finally, Commerce Bank boosted its holdings in EPAM Systems by 3.3% in the third quarter. Commerce Bank now owns 3,381 shares of the information technology services provider’s stock valued at $673,000 after acquiring an additional 109 shares in the last quarter. 91.58% of the stock is owned by institutional investors.

Insider Buying and Selling at EPAM Systems

In other EPAM Systems news, CFO Jason D. Peterson sold 1,078 shares of the business’s stock in a transaction dated Monday, January 27th. The shares were sold at an average price of $257.00, for a total value of $277,046.00. Following the transaction, the chief financial officer now owns 23,382 shares in the company, valued at approximately $6,009,174. The trade was a 4.41 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 4.30% 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.