Brokers Offer Predictions for EPAM Systems FY2027 Earnings

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

EPAM Systems (NYSE:EPAM) last released its quarterly earnings results on Thursday, February 20th. The information technology services provider reported $2.23 EPS for the quarter, missing the consensus estimate of $2.75 by ($0.52). The company had revenue of $1.25 billion for the quarter, compared to analyst estimates of $1.21 billion. EPAM Systems had a return on equity of 14.60% and a net margin of 9.61%.

Several other equities research analysts also recently issued reports on EPAM. The Goldman Sachs Group upgraded EPAM Systems from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $235.00 to $295.00 in a report on Friday, December 6th. Scotiabank dropped their price objective on EPAM Systems from $275.00 to $250.00 and set a “sector outperform” rating on the stock in a report on Monday, February 24th. Needham & Company LLC restated a “buy” rating and set a $265.00 price objective on shares of EPAM Systems in a report on Thursday, February 20th. StockNews.com downgraded EPAM Systems from a “buy” rating to a “hold” rating in a report on Friday, February 21st. Finally, Morgan Stanley lifted their price objective on EPAM Systems from $230.00 to $256.00 and gave the stock an “equal weight” rating in a report on Friday, January 31st. Seven research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $267.33.

EPAM Systems Price Performance

EPAM stock opened at $179.46 on Friday. The company has a quick ratio of 4.56, a current ratio of 2.96 and a debt-to-equity ratio of 0.01. EPAM Systems has a 52-week low of $169.43 and a 52-week high of $303.81. The stock’s 50 day moving average is $233.04 and its two-hundred day moving average is $222.56. The company has a market capitalization of $10.21 billion, a PE ratio of 22.89, a P/E/G ratio of 3.38 and a beta of 1.61.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in EPAM Systems during the 4th quarter worth $4,581,000. Challenger Wealth Management acquired a new position in EPAM Systems during the 4th quarter worth $351,000. GTS Securities LLC boosted its position in EPAM Systems by 106.5% during the 4th quarter. GTS Securities LLC now owns 864 shares of the information technology services provider’s stock worth $202,000 after acquiring an additional 14,055 shares during the period. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp boosted its position in EPAM Systems by 53.8% during the 4th quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 282,360 shares of the information technology services provider’s stock worth $66,021,000 after acquiring an additional 98,731 shares during the period. Finally, PharVision Advisers LLC acquired a new position in EPAM Systems during the 4th quarter worth $342,000. Institutional investors and hedge funds own 91.58% of the company’s stock.

Insider Activity at EPAM Systems

In related news, CFO Jason D. Peterson sold 1,078 shares of the business’s stock in a transaction that occurred on Monday, January 27th. The stock was sold at an average price of $257.00, for a total transaction of $277,046.00. Following the completion of the transaction, the chief financial officer now owns 23,382 shares in the company, valued at $6,009,174. The trade was a 4.41 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 4.30% of the company’s stock.

About EPAM Systems

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.