EPAM Systems Inc (NYSE: EPAM) kicked off on Tuesday, up 0.34% from the previous trading day, before settling in for the closing price of $246.95. Over the past 52 weeks, EPAM has traded in a range of $197.99-$317.50.
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It was noted that within the last five years, the titan of the Technology sector saw sales topped by 21.46%. While this was happening, its average annual earnings per share was recorded -3.51%. With a float of $56.00 million, this company’s outstanding shares have now reached $57.79 million.
The extent of productivity of a business whose workforce counts for 53150 workers is very important to gauge.
EPAM Systems Inc (EPAM) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Information Technology Services Industry. The insider ownership of EPAM Systems Inc is 3.32%, while institutional ownership is 93.74%. The most recent insider transaction that took place on Mar 15 ’24, was worth 2,791,581. In this transaction CEO, President, Chairman of this company sold 9,300 shares at a rate of $300.17, taking the stock ownership to the 1,275,311 shares. Before that another transaction happened on Mar 14 ’24, when Company’s CEO, President, Chairman sold 18,865 for $301.79, making the entire transaction worth $5,693,268. This insider now owns 1,223,611 shares in total.
EPAM Systems Inc (EPAM) Latest Financial update
In the latest quarterly report, which was put into the public domain on 12/31/2023, the organization reported 2.47 earnings per share (EPS), higher than consensus estimate (set at 2.34) by 0.13. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.44 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -3.51% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.10% during the next five years compared to 10.74% growth over the previous five years of trading.
EPAM Systems Inc (NYSE: EPAM) Trading Performance Indicators
Take a look at EPAM Systems Inc’s (EPAM) current performance indicators. Last quarter, stock had a quick ratio of 4.79. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.06. Likewise, its price to free cash flow for the trailing twelve months is 26.87.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.06, a number that is poised to hit 2.32 in the next quarter and is forecasted to reach 12.03 in one year’s time.
Technical Analysis of EPAM Systems Inc (EPAM)
The latest stats from [EPAM Systems Inc, EPAM] show that its last 5-days average volume of 0.49 million was superior to 0.49 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 9.50%. Additionally, its Average True Range was 6.43.
During the past 100 days, EPAM Systems Inc’s (EPAM) raw stochastic average was set at 4.94%, which indicates a significant decrease from 11.58% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 21.17% in the past 14 days, which was lower than the 31.68% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $283.88, while its 200-day Moving Average is $265.04. Now, the first resistance to watch is $249.32. This is followed by the second major resistance level at $250.84. The third major resistance level sits at $251.87. If the price goes on to break the first support level at $246.77, it is likely to go to the next support level at $245.74. The third support level lies at $244.22 if the price breaches the second support level.
EPAM Systems Inc (NYSE: EPAM) Key Stats
The company with the Market Capitalisation of 14.36 billion has total of 57,995K Shares Outstanding. Its annual sales at the moment are 4,691 M in contrast with the sum of 417,080 K annual income. Company’s last quarter sales were recorded 1,157 M and last quarter income was 97,550 K.
