Brokers Offer Predictions for EPAM Systems FY2027 Earnings

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

EPAM has been the subject of several other research reports. Jefferies Financial Group cut their price objective on EPAM Systems from $305.00 to $288.00 and set a “buy” rating for the company in a research report on Tuesday, January 21st. 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 research report on Friday, January 31st. StockNews.com cut EPAM Systems from a “buy” rating to a “hold” rating in a research report on Friday, February 21st. Scotiabank dropped their price target on EPAM Systems from $275.00 to $250.00 and set a “sector outperform” rating for the company in a research report on Monday, February 24th. Finally, Needham & Company LLC restated a “buy” rating and issued a $265.00 price target on shares of EPAM Systems in a research report on Thursday, February 20th. Seven research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. According to MarketBeat.com, EPAM Systems presently has a consensus rating of “Moderate Buy” and a consensus price target of $267.33.

EPAM Systems Trading Down 5.2 %

NYSE:EPAM opened at $179.46 on Friday. The stock has a fifty day moving average price of $233.04 and a two-hundred day moving average price of $222.56. The stock has a market capitalization of $10.21 billion, a price-to-earnings ratio of 22.89, a PEG ratio of 3.38 and a beta of 1.61. The company has a debt-to-equity ratio of 0.01, a quick ratio of 4.56 and a current ratio of 2.96. EPAM Systems has a 1 year low of $169.43 and a 1 year high of $303.81.

EPAM Systems (NYSE:EPAM) last released its quarterly earnings data 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 business 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%.

Insiders Place Their Bets

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

Hedge Funds Weigh In On EPAM Systems

Several hedge funds and other institutional investors have recently modified their holdings of the company. Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in shares of EPAM Systems in the 4th quarter valued at about $4,581,000. Challenger Wealth Management acquired a new position in shares of EPAM Systems in the 4th quarter valued at about $351,000. GTS Securities LLC lifted its stake in shares of EPAM Systems by 106.5% in the 4th quarter. GTS Securities LLC now owns 864 shares of the information technology services provider’s stock valued at $202,000 after purchasing an additional 14,055 shares in the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp lifted its stake in shares of EPAM Systems by 53.8% in the 4th quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 282,360 shares of the information technology services provider’s stock valued at $66,021,000 after purchasing an additional 98,731 shares in the last quarter. Finally, PharVision Advisers LLC acquired a new position in shares of EPAM Systems in the 4th quarter valued at about $342,000. 91.58% of the stock is owned by institutional investors and hedge funds.

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.