EPAM Systems Inc (NYSE: EPAM) is -2.27% lower on its value in year-to-date trading and has touched a low of $169.43 and a high of $317.50 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The EPAM stock was last observed hovering at around $228.45 in the last trading session, with the day’s gains setting it 0.06%.
Currently trading at $228.51, the stock is -4.90% and -2.00% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.39 million and changing 0.03% at the moment leaves the stock 6.95% off its SMA200. EPAM registered -23.17% loss for a year compared to 6-month gain of 25.77%. The firm has a 50-day simple moving average (SMA 50) of $232.4372 and a 200-day simple moving average (SMA200) of $213.8764.
The stock witnessed a -6.90% loss in the last 1 month and extending the period to 3 months gives it a 17.08%, and is -2.27% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.52% over the week and 2.43% over the month.
EPAM Systems Inc (EPAM) has around 53150 employees, a market worth around $12.96B and $4.64B in sales. Current P/E ratio is 29.68 and Fwd P/E is 20.20. Profit margin for the company is 9.68%. Distance from 52-week low is 34.87% and -28.03% from its 52-week high. The company has generated returns on investments over the last 12 months (12.19%).
The EPS is expected to grow by 1.94% this year
853.0 institutions hold shares in EPAM Systems Inc (EPAM), with institutional investors hold 97.54% of the company’s shares. The shares outstanding are 56.71M, and float is at 54.80M with Short Float at 1.03%. Institutions hold 94.28% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 6.99 million shares valued at $1.31 billion. The investor’s holdings represent 12.0783 of the EPAM Shares outstanding. As of 2024-06-30, the second largest holder is CAPITAL RESEARCH GLOBAL INVESTORS with 5.26 million shares valued at $989.09 million to account for 9.0912 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 4.6 million shares representing 7.9613 and valued at over $866.16 million, while INVESCO LTD. holds 4.897 of the shares totaling 2.83 million with a market value of $532.77 million.
EPAM Systems Inc (EPAM) Insider Activity
The most recent transaction is an insider sale by Dvorkin Viktar, the company’s SVP/Head of Global Delivery. SEC filings show that Dvorkin Viktar sold 6,758 shares of the company’s common stock on Dec 11 ’24 at a price of $256.53 per share for a total of $1.73 million. Following the sale, the insider now owns 13000.0 shares.
EPAM Systems Inc disclosed in a document filed with the SEC on Dec 11 ’24 that Peterson Jason D. (Chief Financial Officer) sold a total of 464 shares of the company’s common stock. The trade occurred on Dec 11 ’24 and was made at $257.00 per share for $0.12 million. Following the transaction, the insider now directly holds 24372.0 shares of the EPAM stock.
Still, SEC filings show that on Dec 11 ’24, Viktar Dvorkin (Officer) Proposed Sale 7,000 shares at an average price of $255.00 for $1.78 million. The insider now directly holds shares of EPAM Systems Inc (EPAM).
