Drawing Attention Towards EPAM Systems, Inc. (NYSE:EPAM), What Are Analysts Predicting?

Lloyd Doyle
January 13, 2018

Whale Rock Capital Management LLC now owns 414,822 shares of the company's stock worth $26,677,000 after buying an additional 273,632 shares during the last quarter. Jpmorgan Chase reported 3.15 million shares. Manufacturers Life Insurance The owns 0% invested in EPAM Systems, Inc. The stock increased 0.42% or $0.46 during the last trading session, reaching $110.12.

Investors and traders continue to monitor technical levels of shares of S&P EM Low Vol Powershares (EELV).

Taking a closer look at shares of Bae Systems ADR (BAESY), we have noted that the Piotroski F Score reading is now five or higher. It has underperformed by 0.72% the S&P500.

Sequoia Financial Advisors Llc increased its stake in Williams Sonoma Inc (WSM) by 88.97% based on its latest 2017Q3 regulatory filing with the SEC. Steadfast Capital Management Lp sold 169,852 shares as the company's stock declined 6.26% while stock markets rallied. The institutional investor held 28,897 shares of the technology company at the end of 2017Q3, valued at $2.54M, down from 36,097 at the end of the previous reported quarter. The stock decreased 0.04% or $0.04 during the last trading session, reaching $109.62. About 431,600 shares traded. EPAM Systems had a return on equity of 15.70% and a net margin of 9.41%. It has underperformed by 4.50% the S&P500. Sumitomo Mitsui Asset Mngmt Commerce Ltd reported 0.15% of its portfolio in EPAM Systems, Inc. Therefore 94% are positive. Needham maintained it with "Buy" rating and $110.0 target in Friday, November 3 report. The firm owned 13,791 shares of the information technology services provider's stock after buying an additional 9,562 shares during the quarter.

EPAM Systems, Inc. provides product development and software engineering solutions worldwide. Finally, Citigroup lifted their target price on EPAM Systems from $96.00 to $105.00 and gave the stock a "buy" rating in a research report on Friday, October 13th. (NYSE:EPAM) rating on Friday, October 13. The company's 50-day moving average price is $64.98 and its 200 day moving average price is $66.03. Barclays Capital upgraded EPAM Systems, Inc. The firm has "Outperform" rating by RBC Capital Markets given on Thursday, September 8. Los Angeles Capital Management & Equity Research Inc. now owns 6,624 shares of the information technology services provider's stock worth $557,000 after buying an additional 70 shares during the period. Wedbush initiated EPAM Systems, Inc. (NYSE:EPAM). The name now has a score of 10.00000. They set a "buy" rating and a $120.00 price objective on the stock.

Analysts await EPAM Systems, Inc. (NYSE:EPAM). Capital Fund Mgmt reported 16,200 shares. EPAM's profit would be $43.30 million giving it 33.63 P/E if the $0.82 EPS is correct.

At the time of writing, EPAM Systems, Inc.


Since August 11, 2017, it had 0 buys, and 14 insider sales for $22.58 million activity. Also, CEO Arkadiy Dobkin sold 19,600 shares of EPAM Systems stock in a transaction dated Monday, November 20th.

Investors sentiment decreased to 1.47 in 2017 Q3. Its up 0.15, from 1.23 in 2017Q2. Over the past twelve months, EPAM Systems, Inc. From the start of the calendar year, shares have been 4.11%. (NYSE:NOW). Cullen Frost Bankers Incorporated holds 80,595 shares or 0.31% of its portfolio. It improved, as 51 investors sold PEP shares while 689 reduced holdings. Fairview Cap Investment Mgmt Ltd Liability invested in 0.03% or 4,390 shares. Grove Hannah M had sold 3,200 shares worth $296,160. The information technology services provider reported $0.92 EPS for the quarter, beating the Zacks' consensus estimate of $0.85 by $0.07.

EPAM Systems (NYSE:EPAM) last issued its quarterly earnings results on Thursday, November 2nd. EPAM Systems Inc has a 12-month low of $63.32 and a 12-month high of $111.95. (NYSE:EPAM) shares were sold by Shekhter Elaina. Over the last three months, insiders have sold 229,154 shares of company stock valued at $22,580,185. Panagora Asset holds 1,308 shares. Moreover, Sloane Robinson Limited Liability Partnership has 2.5% invested in EPAM Systems, Inc. (NYSE:EPAM) for 190 shares. Another trade for 2,664 shares valued at $247,779 was made by Sullivan George E on Tuesday, August 15. Emerald Mutual Fund Advisers Trust accumulated 363,477 shares or 1.33% of the stock.

Investors sentiment increased to 0.94 in 2017 Q3. Its down 0.34, from 1.81 in 2017Q2. It dropped, as 49 investors sold WSM shares while 105 reduced holdings. 61 funds opened positions while 130 raised stakes. Apg Asset Management Us stated it has 1.11% of its portfolio in Taubman Centers, Inc.

Among 17 analysts covering EPAM Systems (NYSE:EPAM), 16 have Buy rating, 0 Sell and 1 Hold. (NYSE:NOW). Fjarde Ap has 0.11% invested in ServiceNow, Inc. (NYSE:WSM). Eaton Vance Management reported 0% in Williams-Sonoma, Inc. Wells Fargo Comm Mn has 1.24M shares for 0.03% of their portfolio. Schwab Charles Invest holds 324,818 shares. Sei reported 31,880 shares stake.

Steadfast Capital Management Lp, which manages about $8.17 billion and $6.46B US Long portfolio, upped its stake in Alphabet Inc by 157,917 shares to 220,324 shares, valued at $211.32M in 2017Q3, according to the filing. Greylin Mangement invested 0.71% in Pepsico, Inc. (NYSE:WSM). Vermont-based Hanson & Doremus Investment Mngmt has invested 0.01% in Williams-Sonoma, Inc. The information technology services provider reported $0.92 EPS for the quarter, topping the consensus estimate of $0.85 by $0.07.

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