How Worried Should Investors Be About EPAM Systems Inc (EPAM)

EPAM Systems Inc (NYSE:EPAM) does about 607.28K shares in volume on a normal day but saw 1831312 shares change hands in Monday’s trading. The company now has a market cap of 11.05B USD. Its current market price is $190.72, marking an increase of 3.99% compared to the previous close of $183.40. The 52 week high reached by this stock is $317.50 whilst the lowest price level in 52 weeks is $180.28.

EPAM Systems Inc (EPAM) has a 20-day trading average at $234.93 and the current price is -39.93% off the 52-week high compared with 5.79% distance from its 52-week low. The 50-day simple moving average of the closing price is $264.42 and its 200-day simple moving average is $264.43. If we look at the stock’s price movements over the week, volatility stands at 4.34%, which decreases to 2.86% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 23.91 to suggest the stock is oversold.

The consensus objective for the share price is $231.09, suggesting that the stock has a potential upside of 17.47% over the period.

The company shares received a number of brokerage firm price updates over the past month, with the latest being on May 10, 2024 when Scotiabank downgraded the stock to “Sector Perform” and issued a price target of $245. Morgan Stanley upgraded the stock to “Equal-Weight” from Underweight on April 26, 2024 at a price target of $236-$225. Guggenheim initiated its price target at $350.

EPAM Systems Inc (EPAM) stock is down -22.59% over the week and -26.41% over the past month. Its price is -35.86% year-to-date and -18.03% over the past year.

To reach the target analysts have set, the stock logically needs to grow 17.47 percent from here.

The company has a return on investment of 11.94% and return on equity of 13.05%. The price to earnings ratio (P/E ratio) amounts to 26.11 while the forward price to earnings ratio is 17.14. The beta has a value of 1.45. Price to book ratio is 3.18 and price to sales ratio is 2.38.