EPAM Systems (NYSE:EPAM – Get Free Report) issued an update on its first quarter 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of 2.220-2.320 for the period, compared to the consensus earnings per share estimate of 2.590. The company issued revenue guidance of $1.3 billion-$1.3 billion, compared to the consensus revenue estimate of $1.3 billion. EPAM Systems also updated its FY 2025 guidance to 10.450-10.750 EPS.
EPAM Systems Stock Down 1.3 %
EPAM Systems stock opened at $257.52 on Thursday. The stock has a market capitalization of $14.61 billion, a PE ratio of 33.44, a price-to-earnings-growth ratio of 4.00 and a beta of 1.51. EPAM Systems has a 12 month low of $169.43 and a 12 month high of $317.50. The business has a 50 day simple moving average of $244.77 and a 200-day simple moving average of $222.16. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.56 and a quick ratio of 4.56.
Analysts Set New Price Targets
A number of analysts have recently commented on EPAM shares. Piper Sandler boosted their price objective on EPAM Systems from $225.00 to $258.00 and gave the company an “overweight” rating in a research report on Thursday, November 7th. Needham & Company LLC boosted their price target on EPAM Systems from $215.00 to $265.00 and gave the stock a “buy” rating in a research report on Friday, November 8th. StockNews.com upgraded EPAM Systems from a “hold” rating to a “buy” rating in a research report on Friday, November 15th. Citigroup boosted their price target on EPAM Systems from $207.00 to $210.00 and gave the stock a “neutral” rating in a research report on Monday, October 28th. Finally, Itau BBA Securities upgraded EPAM Systems from a “market perform” rating to an “outperform” rating and set a $269.00 price target for the company in a research report on Friday, November 8th. Six analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $269.83.
Insider Buying and Selling
In other EPAM Systems news, CFO Jason D. Peterson sold 464 shares of the company’s stock in a transaction dated Wednesday, December 11th. The stock was sold at an average price of $257.00, for a total transaction of $119,248.00. Following the sale, the chief financial officer now owns 24,372 shares in the company, valued at $6,263,604. This represents a 1.87 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Viktar Dvorkin sold 6,758 shares of the company’s stock in a transaction dated Wednesday, December 11th. The stock was sold at an average price of $256.53, for a total value of $1,733,629.74. Following the sale, the senior vice president now owns 13,000 shares in the company, valued at approximately $3,334,890. This trade represents a 34.20 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 8,300 shares of company stock valued at $2,129,924. Corporate 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.
Featured Articles
- Five stocks we like better than EPAM Systems
- Growth Investing: Should You Adopt This Investing Strategy in 2022?
- Nebius Group: NVIDIA’s Investment Sparks All-Time Highs
- Insider Trades May Not Tell You What You Think
- SoFi Stock Rallying Strong in the Last 5 Days—What’s Driving It?
- What is a Dividend Harvesting Strategy and How Can Investors Profit from it?
- Intel Surges on M&A Talks: Rally Beginning or Just a Headfake?
Receive News & Ratings for EPAM Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EPAM Systems and related companies with MarketBeat.com's FREE daily email newsletter.