EPAM Systems (NYSE:EPAM) Stock Rating Lowered by Zacks Research

EPAM Systems (NYSE:EPAM) was downgraded by stock analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a report issued on Wednesday,Zacks.com reports.

EPAM has been the subject of several other reports. Citigroup increased their price objective on EPAM Systems from $170.00 to $225.00 and gave the company a “neutral” rating in a research note on Thursday. Truist Financial started coverage on shares of EPAM Systems in a report on Tuesday, January 6th. They set a “hold” rating and a $220.00 target price for the company. Mizuho increased their target price on shares of EPAM Systems from $225.00 to $228.00 and gave the company an “outperform” rating in a research report on Tuesday, November 11th. TD Cowen restated a “buy” rating on shares of EPAM Systems in a research report on Friday, January 9th. Finally, JPMorgan Chase & Co. upped their price objective on shares of EPAM Systems from $201.00 to $215.00 and gave the company an “overweight” rating in a research note on Friday, November 7th. Ten investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $214.20.

EPAM Systems Trading Down 4.4%

Shares of EPAM Systems stock opened at $208.69 on Wednesday. The company has a current ratio of 3.02, a quick ratio of 3.02 and a debt-to-equity ratio of 0.01. EPAM Systems has a twelve month low of $138.15 and a twelve month high of $269.00. The firm has a market capitalization of $11.53 billion, a PE ratio of 31.86, a P/E/G ratio of 2.62 and a beta of 1.73. The firm’s 50-day moving average price is $206.77 and its 200 day moving average price is $177.37.

EPAM Systems (NYSE:EPAM) last posted its quarterly earnings data on Thursday, November 6th. The information technology services provider reported $3.08 EPS for the quarter, topping the consensus estimate of $3.02 by $0.06. The company had revenue of $1.39 billion during the quarter, compared to analyst estimates of $1.39 billion. EPAM Systems had a return on equity of 13.16% and a net margin of 7.01%.EPAM Systems’s quarterly revenue was up 19.4% on a year-over-year basis. During the same period in the previous year, the business earned $3.12 EPS. EPAM Systems has set its FY 2025 guidance at 11.360-11.440 EPS and its Q4 2025 guidance at 3.100-3.18 EPS. On average, sell-side analysts predict that EPAM Systems will post 8.9 EPS for the current fiscal year.

EPAM Systems declared that its board has approved a stock repurchase program on Tuesday, October 21st that authorizes the company to buyback $1.00 billion in outstanding shares. This buyback authorization authorizes the information technology services provider to buy up to 12.4% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s leadership believes its shares are undervalued.

Insider Activity at EPAM Systems

In other EPAM Systems news, SVP Boris Shnayder sold 5,000 shares of the business’s stock in a transaction dated Wednesday, December 10th. The shares were sold at an average price of $207.00, for a total value of $1,035,000.00. Following the transaction, the senior vice president directly owned 15,645 shares in the company, valued at $3,238,515. The trade was a 24.22% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, VP Gary C. Abrahams sold 600 shares of the stock in a transaction that occurred on Monday, November 17th. The shares were sold at an average price of $179.29, for a total transaction of $107,574.00. Following the completion of the sale, the vice president directly owned 2,720 shares of the company’s stock, valued at approximately $487,668.80. This trade represents a 18.07% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 8,100 shares of company stock valued at $1,597,074. 4.30% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of EPAM. M&T Bank Corp raised its stake in shares of EPAM Systems by 69.0% in the 4th quarter. M&T Bank Corp now owns 2,383 shares of the information technology services provider’s stock valued at $488,000 after acquiring an additional 973 shares during the period. Pictet Asset Management Holding SA boosted its position in shares of EPAM Systems by 5.1% during the 4th quarter. Pictet Asset Management Holding SA now owns 11,484 shares of the information technology services provider’s stock worth $2,353,000 after purchasing an additional 554 shares during the period. Inscription Capital LLC acquired a new stake in EPAM Systems in the 4th quarter valued at approximately $493,000. AEGON ASSET MANAGEMENT UK Plc purchased a new stake in EPAM Systems in the fourth quarter valued at approximately $13,690,000. Finally, Chicago Partners Investment Group LLC lifted its stake in EPAM Systems by 49.7% during the fourth quarter. Chicago Partners Investment Group LLC now owns 3,093 shares of the information technology services provider’s stock worth $675,000 after purchasing an additional 1,027 shares in the last quarter. Hedge funds and other institutional investors own 91.58% of the company’s stock.

About EPAM Systems

EPAM Systems, Inc is a global provider of digital platform engineering and software development services. The company partners with clients across industries—such as financial services, healthcare, retail, and technology—to design, develop, and maintain complex software applications and digital experiences. EPAM’s offerings include custom software development, application management, infrastructure management, quality assurance, and testing services, enabling organizations to accelerate digital transformation and enhance operational efficiency.

In addition to its core engineering capabilities, EPAM delivers a range of specialized services, including product design and consulting, data and analytics, cloud computing, DevOps, and cybersecurity.