After finishing at $270.82 in the prior trading day, EPAM Systems Inc (NYSE: EPAM) closed at $267.34, down -1.28%. In other words, the price has decreased by -$3.48 from its previous closing price. On the day, 659001 shares were traded.
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Ratios:
Our goal is to gain a better understanding of EPAM by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.35 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 28.94. For the most recent quarter (mrq), Quick Ratio is recorded 4.79 and its Current Ratio is at 4.79. 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 this company, Guggenheim on March 19, 2024, initiated with a Buy rating and assigned the stock a target price of $350.
On February 16, 2024, Scotiabank Upgraded its rating to Sector Outperform which previously was Sector Perform and also upped its target price recommendation from $265 to $350.
On January 30, 2024, Mizuho started tracking the stock assigning a Buy rating and target price of $340.Mizuho initiated its Buy rating on January 30, 2024, with a $340 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 Mar 15 ’24 when Dobkin Arkadiy sold 9,300 shares for $300.17 per share. The transaction valued at 2,791,581 led to the insider holds 1,275,311 shares of the business.
Dobkin Arkadiy sold 18,865 shares of EPAM for $5,693,268 on Mar 14 ’24. The CEO, President, Chairman now owns 1,223,611 shares after completing the transaction at $301.79 per share. On Mar 14 ’24, another insider, Yezhkov Sergey, who serves as the SVP/Co-Head of Global Business of the company, sold 8,000 shares for $302.04 each. As a result, the insider received 2,416,320 and left with 12,770 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 15.66B and an Enterprise Value of 13.74B. As of this moment, EPAM’s Price-to-Earnings (P/E) ratio for their current fiscal year is 37.88, and their Forward P/E ratio for the next fiscal year is 22.14. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.33. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.30 while its Price-to-Book (P/B) ratio in mrq is 4.45. Its current Enterprise Value per Revenue stands at 2.93 whereas that against EBITDA is 20.82.
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 $197.99. The 50-Day Moving Average of the stock is 296.21, while the 200-Day Moving Average is calculated to be 260.75.
Shares Statistics:
The stock has traded on average 504.06K shares per day over the past 3-months and 536.08k shares per day over the last 10 days, according to various share statistics. A total of 57.79M shares are outstanding, with a floating share count of 55.91M. Insiders hold about 3.32% of the company’s shares, while institutions hold 93.86% stake in the company. Shares short for EPAM as of Feb 29, 2024 were 768.95k with a Short Ratio of 1.53, compared to 930.53k on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.33% and a Short% of Float of 1.80%.
Earnings Estimates
Its stock is currently analyzed by 18 different market analysts. On average, analysts expect EPS of $2.32 for the current quarter, with a high estimate of $2.4 and a low estimate of $2.29, while EPS last year was $2.47. The consensus estimate for the next quarter is $2.44, with high estimates of $2.61 and low estimates of $2.26.
Analysts are recommending an EPS of between $10.4 and $10.02 for the fiscal current year, implying an average EPS of $10.23. EPS for the following year is $12.01, with 20 analysts recommending between $12.89 and $11.
Revenue Estimates
16 analysts predict $1.16B in revenue for the current quarter. It ranges from a high estimate of $1.17B to a low estimate of $1.16B. As of the current estimate, EPAM Systems Inc’s year-ago sales were $1.21B, an estimated decrease of -4.00% from the year-ago figure. For the next quarter, 16 analysts are estimating revenue of $1.18B, an increase of 0.60% over than the figure of -$4.00% in the same quarter last year. There is a high estimate of $1.21B for the next quarter, whereas the lowest estimate is $1.16B.
A total of 20 analysts have provided revenue estimates for EPAM’s current fiscal year. The highest revenue estimate was $4.97B, while the lowest revenue estimate was $4.77B, resulting in an average revenue estimate of $4.83B. In the same quarter a year ago, actual revenue was $4.69B, up 3.10% from the average estimate. Based on 20 analysts’ estimates, the company’s revenue will be $5.51B in the next fiscal year. The high estimate is $5.99B and the low estimate is $5.16B. The average revenue growth estimate for next year is up 14.10% from the average revenue estimate for this year.
