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The price of EPAM Systems Inc (NYSE: EPAM) closed at $247.22 in the last session, down -0.71% from day before closing price of $249.00. In other words, the price has decreased by -$0.71 from its previous closing price. On the day, 0.6 million shares were traded. EPAM stock price reached its highest trading level at $251.06 during the session, while it also had its lowest trading level at $244.7.
Ratios:
We take a closer look at EPAM’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.80 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 26.76. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 14320465920 and an Enterprise Value of 12371663872. As of this moment, EPAM’s Price-to-Earnings (P/E) ratio for their current fiscal year is 35.03, and their Forward P/E ratio for the next fiscal year is 20.53. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.93. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.05 while its Price-to-Book (P/B) ratio in mrq is 4.12. Its current Enterprise Value per Revenue stands at 2.638 whereas that against EBITDA is 18.316.
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 -13.89%, while the 200-Day Moving Average is calculated to be -6.60%.
Shares Statistics:
According to the various share statistics, EPAM traded on average about 496.03K shares per day over the past 3-months and 308290 shares per day over the past 10 days. 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 93.91% stake in the company. Shares short for EPAM as of 1711584000 were 750240 with a Short Ratio of 1.51, compared to 1709164800 on 768947. Therefore, it implies a Short% of Shares Outstanding of 750240 and a Short% of Float of 1.76.
Earnings Estimates
Its stock is currently analyzed by Themes Cybersecurity ETF different market analysts. The consensus estimate for the next quarter is $247.22, with high estimates of $5.63 and low estimates of $41.89.
Analysts are recommending an EPS of between $Energy and $Utilities for the fiscal current year, implying an average EPS of $Technology.
