EPAM Systems (EPAM) Getting Somewhat Favorable News Coverage, Accern Reports

News headlines about EPAM Systems (NYSE:EPAM) have trended somewhat positive this week, according to Accern Sentiment. The research group rates the sentiment of press coverage by analyzing more than 20 million news and blog sources. 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 media sentiment score of 0.21 on Accern’s scale. Accern also gave news coverage about the information technology services provider an impact score of 46.8987749864053 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

These are some of the media stories that may have effected Accern’s analysis:

EPAM Systems (EPAM) opened at $122.52 on Monday. EPAM Systems has a one year low of $71.58 and a one year high of $123.48. The firm has a market capitalization of $6,490.00, a P/E ratio of 45.04, a P/E/G ratio of 1.94 and a beta of 0.96. The company has a quick ratio of 5.31, a current ratio of 5.31 and a debt-to-equity ratio of 0.03.

EPAM Systems (NYSE:EPAM) last released its quarterly earnings data on Friday, February 16th. The information technology services provider reported $0.83 earnings per share for the quarter, beating the consensus estimate of $0.82 by $0.01. EPAM Systems had a return on equity of 16.52% and a net margin of 5.02%. The firm had revenue of $399.30 million during the quarter, compared to the consensus estimate of $395.78 million. During the same period last year, the business posted $0.77 EPS. EPAM Systems’s quarterly revenue was up 27.4% on a year-over-year basis. equities analysts predict that EPAM Systems will post 3.31 earnings per share for the current fiscal year.

A number of equities analysts have recently issued reports on the company. Zacks Investment Research downgraded EPAM Systems from a “buy” rating to a “hold” rating in a research note on Friday, November 17th. Cowen set a $115.00 target price on EPAM Systems and gave the stock a “buy” rating in a research note on Monday, December 11th. UBS Group downgraded EPAM Systems from a “buy” rating to a “neutral” rating and increased their target price for the stock from $105.00 to $110.00 in a research note on Wednesday, November 29th. Pivotal Research assumed coverage on EPAM Systems in a research note on Tuesday, December 5th. They set a “buy” rating and a $120.00 target price for the company. Finally, Needham & Company LLC increased their target price on EPAM Systems to $130.00 and gave the stock a “buy” rating in a research note on Tuesday, February 20th. They noted that the move was a valuation call. Four analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of $113.94.

In related news, Director Richard Michael Mayoras sold 2,500 shares of the firm’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 transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 6.17% of the company’s stock.

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About EPAM Systems

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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