Susquehanna lowered the price target for the EPAM Systems Inc. (NYSE:EPAM) stock from “a Neutral” to “a Positive”. The rating was released on May 16, 2022, according to finviz. We previously noted in another research note published on May 06, 2022 by BofA Securities that upgraded the stock from a Neutral to a Buy with a price target of $400 for EPAM stock. The research report from Piper Sandler has upgraded the stock from Neutral to Overweight, with a price target set at $348. The stock was upgraded by Wolfe Research, who disclosed in a research note on April 11, 2022, from Peer Perform to Outperform and set the price objective to $390. In their research brief published February 28, 2022, Piper Sandler analysts downgraded the EPAM Systems Inc. stock from Overweight to Neutral with a price target of $410.
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The latest trade, Performances and Moving Averages give us the following Picture
The share price of EPAM Systems Inc. (NYSE:EPAM) raised 2.89% to close Friday’s market session at $427.39, higher as compared to yesterday’s close. The stock price fluctuated between $404.21 and $437.33 throughout the trading session with the volume trading being 856386 shares, which represented a significant variation when compared to the three months average volume of 650.56K shares. The firm’s stock price fluctuated 22.37% within the last five trades and 29.86% within the last 30 trades, which was a significant change from the beginning of this year. Despite the fact that the share price decreased -3.64% in the last 6 months and 23.52% was added to its value over the previous 3 months. EPAM stock is trading at a margin of 29.23%, 33.14% and 0.30% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.
As of the close of trading, EPAM deals in the Technology domain. The stock is trading -41.08 percent below its 52-week high and 153.50 percent above its 52-week low. For example, looking both at the price and the high and low measurements of 52 weeks will give you a clearer picture of the direction the price is heading. The firm’s Weighted Alpha is -11.3. A positive weighted alpha indicates the firm has done well over the course of the year, whereas one below 0 indicates that the firm has done poorly.
What Does EPAM Systems Inc.’s Profitability and Valuation Ratios Tell Us About the Stock?
With regard to the profitability of the company, the operating margin is currently at 13.60 percent and the profit margin is 11.10 percent, and the company has reported a gross margin of 33.80 percent. The profit margin, also known as the revenue ratio or gross profit ratio, is an efficiency figure used to estimate the business’s profitability by comparing net income and sales. The higher the number, the more profits are generated for the company and vice versa.
The stock’s market cap achieved a total value of $22.78 billion as of the last trading session. Market capitalization is the total value of all outstanding shares of a corporation and it is used to measure a company’s market value. The price-to-earnings ratio for EPAM Systems Inc. (NYSE:EPAM) is 54.65. The price-to-earnings ratio is a method of assessing corporate values by comparing them to their per-share profit. Forward P/E stands at 34.82. Forward price-to-earnings is calculated using predicted earnings for the next financial year’s P/E determination. The stock has achieved an effective Price-to-Sales Ratio of 5.49 that mirrors the cost to be found for sales by the market. The firm managed a Price-to-Book ratio of 9.53, which equates the market value of a stock with its book value.
Is Insider Trading a Real Thing?
Almost all investors and traders prefer to invest in shares controlled by the management of a corporation as a management company will be more likely to run the business itself and to never conduct things against the management’s desires and will always try to do what is best for their shareholders. Currently, 2.40 percent of EPAM Systems Inc. shares are owned by insiders, and 92.20 percent are held by financial institutions. Shekhter Elaina, the SVP, Chief Marketing Officer at EPAM Systems Inc. (EPAM) has sold 100 shares of firm on Jun 07 at a price of $347.10 against the total amount of $34710.0. In another inside trade, Peterson Jason D., Chief Financial Officer of EPAM Systems Inc. (NYSE:EPAM) sold 400 shares of the firm on May 20 for a total worth of $0.13 million at a price of $335.00. An inside trade which took place on May 11, Chief Financial Officer of EPAM Systems Inc. Peterson Jason D. sold 1,000 shares of firm against total price of $0.33 million at the cost of $325.00 per share.