With 0.74 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.6 million shares. During the session, the Information Technology Services company that operates in wider Technology sector, reached to the highest price of $245.715 whereas the lowest price it dropped to was $234.95. The 52-week range on EPAM shows that it touched its highest point at $317.50 and its lowest point at $169.43 during that stretch. It currently has a 1-year price target of $259.22. Beta for the stock currently stands at 1.47.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of EPAM was up-trending over the past week, with a rise of 0.15%, but this was up by 26.95% over a month. Three-month performance surged to 23.15% while six-month performance rose 31.20%. The stock lost -4.95% in the past year, while it has lost -17.53% so far this year. A look at the trailing 12-month EPS for EPAM yields 7.70 with Next year EPS estimates of 11.29. For the next quarter, that number is 2.75. This implies an EPS growth rate of 1.69% for this year and 4.87% for next year. EPS is expected to grow by 8.79% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 10.74%.
Float and Shares Shorts:
At present, 57.79 million EPAM shares are outstanding with a float of 54.80 million shares on hand for trading. On 2024-10-31, short shares totaled 0.76 million, which was 134.000005 higher than short shares on 1727654400. In addition to Mr. Arkadiy Dobkin as the firm’s Co-Founder, Chairman, CEO & President, Mr. Jason Peterson serves as its Senior VP, CFO & Treasurer.
Institutional Ownership:
Through their ownership of 0.94115996 of EPAM’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, EPAM reported revenue of $1167527000.0 and operating income of $176979000.0. The EBITDA in the recently reported quarter was $206703000.0 and diluted EPS was $2.37.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for EPAM since 14 analysts follow the stock currently. There are 9 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 5 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With EPAM analysts setting a high price target of 300.0 and a low target of 195.0, the average target price over the next 12 months is 249.71739. Based on these targets, EPAM could surge 22.34% to reach the target high and fall by -20.48% to reach the target low. Reaching the average price target will result in a growth of 1.83% from current levels.
Analysts have provided yearly estimates in a range of $10.92038 being high and $10.34403 being low. For EPAM, this leads to a yearly average estimate of $10.76871. The surprise factor in the prior quarter was $2.26. Based on analyst estimates, the high estimate for the next quarter is $2.84 and the low estimate is $2.31. The average estimate for the next quarter is thus $2.58.
