A share price of EPAM Systems Inc [EPAM] is currently trading at $314.63, up 1.49%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The EPAM shares have gain 3.36% over the last week, with a monthly amount glided 8.81%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
EPAM Systems Inc [NYSE: EPAM] stock has seen the most recent analyst activity on February 16, 2024, when Scotiabank upgraded its rating to a Sector Outperform and also boosted its price target to $350 from $265. Previously, Mizuho started tracking the stock with Buy rating on January 30, 2024, and set its price target to $340. On January 24, 2024, downgrade downgraded it’s rating to Underweight and revised its price target to $250 on the stock. HSBC Securities upgraded its rating to a Buy. Wolfe Research upgraded its rating to a Outperform but $355 remained the price target by the analyst firm on January 04, 2024. Piper Sandler upgraded its rating to Overweight for this stock on November 03, 2023, and upped its price target to $265. In a note dated August 24, 2023, Scotiabank initiated an Sector Perform rating and provided a target price of $265 on this stock.
EPAM Systems Inc experienced fluctuations in its stock price throughout the past year between $197.99 and $314.83. Currently, Wall Street analysts expect the stock to reach $432.55 within the next 12 months. EPAM Systems Inc [NYSE: EPAM] shares were valued at $314.63 at the most recent close of the market. An investor can expect a potential return of 37.48% based on the average EPAM price forecast.
Analyzing the EPAM fundamentals
Trailing Twelve Months sales for EPAM Systems Inc [NYSE:EPAM] were 4.69B which represents -6.01% decline. Gross Profit Margin for this corporation currently stands at 0.3% with Operating Profit Margin at 0.11%, Pretax Profit Margin comes in at 0.11%, and Net Profit Margin reading is 0.09%. To continue investigating profitability, this company’s Return on Assets is posted at 0.1, Equity is 0.13 and Total Capital is 0.14. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.02.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 311.03 points at the first support level, and at 307.43 for the second support level. However, for the 1st resistance point, the stock is sitting at 317.22, and for the 2nd resistance point, it is at 319.81.
Ratios To Look Out For
To put it in perspective, the Current Ratio for EPAM Systems Inc [NYSE:EPAM] is 4.79. Also, the Quick Ratio is 4.79, while the Cash Ratio stands at 3.16. Considering the valuation of this stock, the price to sales ratio is 3.88, the price to book ratio is 5.24 and price to earnings (TTM) ratio is 44.58.
Transactions by insiders
Recent insider trading involved Solomon Lawrence F, SVP & Chief People Officer, that happened on Feb 27 ’24 when 5350.0 shares were sold. EVP/Co-Head of Global Business, Fejes Balazs completed a deal on Feb 27 ’24 to sell 2.0 shares. Meanwhile, EVP/Co-Head of Global Business Fejes Balazs sold 3470.0 shares on Feb 26 ’24.
