Media headlines about EPAM Systems (NYSE:EPAM) have trended somewhat positive this week, according to Accern Sentiment. Accern scores the sentiment of media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. EPAM Systems earned a daily sentiment score of 0.19 on Accern’s scale. Accern also gave news articles about the information technology services provider an impact score of 46.8003253874807 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
These are some of the media stories that may have impacted Accern Sentiment Analysis’s scoring:
NYSE EPAM traded down $2.68 during trading hours on Friday, hitting $111.01. 166,796 shares of the company were exchanged, compared to its average volume of 338,708. The company has a debt-to-equity ratio of 0.03, a current ratio of 5.31 and a quick ratio of 5.31. EPAM Systems has a 52 week low of $73.86 and a 52 week high of $125.88. The stock has a market capitalization of $5,887.97, a P/E ratio of 40.08, a PEG ratio of 1.71 and a beta of 0.92.
EPAM Systems (NYSE:EPAM) last issued its quarterly earnings data on Friday, February 16th. The information technology services provider reported $0.83 earnings per share for the quarter, topping the Thomson Reuters’ 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 company had revenue of $399.30 million for the quarter, compared to analysts’ expectations of $395.78 million. During the same period in the previous year, the firm posted $0.77 earnings per share. The firm’s revenue for the quarter was up 27.4% on a year-over-year basis. equities research analysts anticipate that EPAM Systems will post 3.32 earnings per share for the current fiscal year.
Several equities analysts have recently commented on the company. ValuEngine upgraded EPAM Systems from a “hold” rating to a “buy” rating in a research report on Monday, April 2nd. Zacks Investment Research downgraded EPAM Systems from a “buy” rating to a “hold” rating in a research report on Thursday, January 11th. Needham & Company LLC restated a “buy” rating and issued a $135.00 price objective (up from $130.00) on shares of EPAM Systems in a research report on Monday, March 19th. JPMorgan Chase reiterated an “overweight” rating and issued a $130.00 target price (up from $118.00) on shares of EPAM Systems in a research report on Friday, March 16th. Finally, Cantor Fitzgerald boosted their target price on EPAM Systems to $130.00 and gave the stock an “overweight” rating in a research report on Monday, February 19th. Three investment analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of $115.18.
In other EPAM Systems news, Director Richard Michael Mayoras sold 2,500 shares of the business’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 transaction of $286,800.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders own 6.17% of the company’s stock.
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About EPAM Systems
EPAM Systems, Inc provides software product development and digital platform engineering services primarily in North America, Europe, Asia, and Australia. It offers software product development services, including product research, customer experience design, prototyping, program management, component design and integration, lifecycle software testing, product deployment, end-user customization, performance tuning, product support and maintenance, managed services, and porting and cross-platform migration.
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