The price-to-earnings ratio for EPAM Systems Inc (NYSE: EPAM) is above average at 25.36x. The 36-month beta value for EPAM is also noteworthy at 1.45. There are mixed opinions on the stock, with 11 analysts rating it as a “buy,” 6 rating it as “overweight,” 3 rating it as “hold,” and 0 rating it as “sell.”
The public float for EPAM is 56.05M, and at present, short sellers hold a 2.07% of that float. The average trading volume of EPAM on July 04, 2024 was 776.03K shares.
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EPAM) stock’s latest price update
EPAM Systems Inc (NYSE: EPAM)’s stock price has plunge by 1.07relation to previous closing price of 183.28. Nevertheless, the company has seen a 1.46% surge in its stock price over the last five trading sessions. accesswire.com reported 2024-07-03 that NEW YORK, NY / ACCESSWIRE / July 3, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of EPAM Systems, Inc. (“EPAM”) (NYSE:EPAM) concerning possible violations of federal securities laws. On May 8, 2024, Epam updated its guidance for the full year and 2Q that was below expectations.
EPAM’s Market Performance
EPAM Systems Inc (EPAM) has seen a 1.46% rise in stock performance for the week, with a 5.14% gain in the past month and a -30.57% plunge in the past quarter. The volatility ratio for the week is 2.22%, and the volatility levels for the past 30 days are at 2.41% for EPAM. The simple moving average for the last 20 days is 3.13% for EPAM stock, with a simple moving average of -26.80% for the last 200 days.
Analysts’ Opinion of EPAM
Many brokerage firms have already submitted their reports for EPAM stocks, with Goldman repeating the rating for EPAM by listing it as a “Neutral.” The predicted price for EPAM in the upcoming period, according to Goldman is $200 based on the research report published on June 24, 2024 of the current year 2024.
Redburn Atlantic, on the other hand, stated in their research note that they expect to see EPAM reach a price target of $195. The rating they have provided for EPAM stocks is “Neutral” according to the report published on May 24th, 2024.
EPAM Trading at -6.23% from the 50-Day Moving Average
After a stumble in the market that brought EPAM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -41.65% of loss for the given period.
Volatility was left at 2.41%, however, over the last 30 days, the volatility rate increased by 2.22%, as shares surge +6.31% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -24.87% lower at present.
During the last 5 trading sessions, EPAM rose by +1.61%, which changed the moving average for the period of 200-days by -29.63% in comparison to the 20-day moving average, which settled at $180.18. In addition, EPAM Systems Inc saw -37.70% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at EPAM starting from Dobkin Arkadiy, who sale 9,300 shares at the price of $300.17 back on Mar 15 ’24. After this action, Dobkin Arkadiy now owns 1,275,311 shares of EPAM Systems Inc, valued at $2,791,581 using the latest closing price.
Dobkin Arkadiy, the CEO, President, Chairman of EPAM Systems Inc, sale 18,865 shares at $301.79 during a trade that took place back on Mar 14 ’24, which means that Dobkin Arkadiy is holding 1,223,611 shares at $5,693,268 based on the most recent closing price.
Stock Fundamentals for EPAM
Current profitability levels for the company are sitting at:
- 0.11 for the present operating margin
- 0.29 for the gross margin
The net margin for EPAM Systems Inc stands at 0.09. The total capital return value is set at 0.13. Equity return is now at value 13.05, with 10.21 for asset returns.
Based on EPAM Systems Inc (EPAM), the company’s capital structure generated 0.02 points at debt to capital in total, while cash flow to debt ratio is standing at 7.75. The debt to equity ratio resting at 0.02. The interest coverage ratio of the stock is 212.67.
Currently, EBITDA for the company is 618.96 million with net debt to EBITDA at -2.81. When we switch over and look at the enterprise to sales, we see a ratio of 1.93. The receivables turnover for the company is 4.99for trailing twelve months and the total asset turnover is 1.06. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.68.
Conclusion
In summary, EPAM Systems Inc (EPAM) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
