EPAM Systems (EPAM) Earns Daily Coverage Optimism Rating of 0.19

Press coverage about EPAM Systems (NYSE:EPAM) has trended somewhat positive this week, Accern Sentiment reports. Accern identifies negative and positive media coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. EPAM Systems earned a coverage optimism score of 0.19 on Accern’s scale. Accern also gave media headlines about the information technology services provider an impact score of 46.0761296666701 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

These are some of the news stories that may have impacted Accern Sentiment Analysis’s scoring:

Several research analysts have recently commented on EPAM shares. UBS lowered EPAM Systems from a “buy” rating to a “neutral” rating and boosted their price objective for the stock from $105.00 to $110.00 in a report on Wednesday, November 29th. Pivotal Research started coverage on EPAM Systems in a report on Tuesday, December 5th. They set a “buy” rating and a $120.00 price objective for the company. Cowen set a $115.00 price objective on EPAM Systems and gave the stock a “buy” rating in a report on Monday, December 11th. Zacks Investment Research raised EPAM Systems from a “hold” rating to a “buy” rating and set a $124.00 price objective for the company in a report on Wednesday, January 10th. Finally, Stifel Nicolaus reissued a “buy” rating and set a $135.00 price objective (up previously from $105.00) on shares of EPAM Systems in a report on Friday, February 16th. Four analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company’s stock. EPAM Systems currently has a consensus rating of “Buy” and a consensus target price of $115.18.

Shares of EPAM Systems (EPAM) traded up $0.05 on Tuesday, reaching $119.15. The company’s stock had a trading volume of 344,190 shares, compared to its average volume of 317,566. The stock has a market capitalization of $6,315.45, a price-to-earnings ratio of 90.95, a P/E/G ratio of 1.89 and a beta of 0.96. The company has a debt-to-equity ratio of 0.03, a quick ratio of 5.31 and a current ratio of 5.31. EPAM Systems has a 1-year low of $71.58 and a 1-year high of $125.88.

EPAM Systems (NYSE:EPAM) last issued its earnings results on Friday, February 16th. The information technology services provider reported $0.83 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.82 by $0.01. The business had revenue of $399.30 million during the quarter, compared to analyst estimates of $395.78 million. EPAM Systems had a return on equity of 16.52% and a net margin of 5.02%. EPAM Systems’s revenue for the quarter was up 27.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.77 earnings per share. equities research analysts anticipate that EPAM Systems will post 3.31 EPS for the current year.

In other EPAM Systems news, Director Richard Michael Mayoras sold 2,500 shares of the company’s stock in a transaction that occurred on Thursday, February 22nd. The stock was sold at an average price of $114.72, for a total value of $286,800.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 6.17% of the stock is owned by corporate insiders.

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EPAM Systems Company Profile

EPAM Systems, Inc is a g provider of software product development and digital platform engineering services to clients located primarily in North America, Europe, Asia and Australia. The Company’s service offerings cover the full software product development lifecycle from digital strategy and customer experience design to enterprise application platforms implementation and program management services and from complex software development services to maintenance, support, custom application development, application testing, and infrastructure management.

Insider Buying and Selling by Quarter for EPAM Systems (NYSE:EPAM)

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