Closing Bell Recap: EPAM Systems Inc (EPAM) Ends at 234.50, Reflecting a 3.03 Upturn

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EPAM Systems Inc (NYSE: EPAM) closed the day trading at $234.50 up 3.03% from the previous closing price of $227.60. In other words, the price has increased by $3.03 from its previous closing price. On the day, 0.53 million shares were traded. EPAM stock price reached its highest trading level at $235.26 during the session, while it also had its lowest trading level at $226.28.

Ratios:

For a better understanding of EPAM, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.46 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 23.18. For the most recent quarter (mrq), Quick Ratio is recorded 4.56 and its Current Ratio is at 4.56. In the meantime, Its Debt-to-Equity ratio is 0.05 whereas as Long-Term Debt/Eq ratio is at 0.04.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Scotiabank on November 11, 2024, Upgraded its rating to Sector Outperform and sets its target price to $275 from $245 previously.

On November 08, 2024, Itau BBA Upgraded its rating to Outperform which previously was Market Perform but kept the price unchanged to $269.

On August 22, 2024, Deutsche Bank started tracking the stock assigning a Hold rating and target price of $204.Deutsche Bank initiated its Hold rating on August 22, 2024, with a $204 target price.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 07 ’24 when Peterson Jason D. sold 1,000 shares for $237.00 per share. The transaction valued at 237,000 led to the insider holds 24,836 shares of the business.

Peterson Jason D. bought 1,000 shares of EPAM for $237,000 on Nov 07 ’24. On Mar 15 ’24, another insider, Dobkin Arkadiy, who serves as the CEO, President, Chairman of the company, sold 9,300 shares for $300.17 each. As a result, the insider received 2,791,581 and left with 1,275,311 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, EPAM now has a Market Capitalization of 13301168128 and an Enterprise Value of 11408489472. As of this moment, EPAM’s Price-to-Earnings (P/E) ratio for their current fiscal year is 30.46, and their Forward P/E ratio for the next fiscal year is 20.76. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.46. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.87 while its Price-to-Book (P/B) ratio in mrq is 3.74. Its current Enterprise Value per Revenue stands at 2.46 whereas that against EBITDA is 17.301.

Stock Price History:

Over the past 52 weeks, EPAM has reached a high of $317.50, while it has fallen to a 52-week low of $169.43. The 50-Day Moving Average of the stock is 14.51%, while the 200-Day Moving Average is calculated to be 5.31%.

Shares Statistics:

Over the past 3-months, EPAM traded about 597.58K shares per day on average, while over the past 10 days, EPAM traded about 841340 shares per day. A total of 57.79M shares are outstanding, with a floating share count of 54.80M. Insiders hold about 3.39% of the company’s shares, while institutions hold 92.00% stake in the company. Shares short for EPAM as of 1730332800 were 761628 with a Short Ratio of 1.27, compared to 1727654400 on 642521. Therefore, it implies a Short% of Shares Outstanding of 761628 and a Short% of Float of 1.8900000000000001.

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