EPAM Systems (NYSE:EPAM) Earns Media Impact Rating of 0.22
News headlines about EPAM Systems (NYSE:EPAM) have been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies negative and positive news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. EPAM Systems earned a coverage optimism score of 0.22 on Accern’s scale. Accern also gave news stories about the information technology services provider an impact score of 47.1996273255538 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Here are some of the media headlines that may have effected Accern’s rankings:
- Stock’s Trend Analysis Report: EPAM Systems, Inc. (NYSE:EPAM), FibroGen, Inc. (NASDAQ:FGEN) – The Oracle Examiner (oracleexaminer.com)
- EPAM Systems Inc (EPAM) Expected to Announce Quarterly Sales of $414.20 Million (americanbankingnews.com)
- Analysts Expect EPAM Systems Inc (EPAM) to Post $0.90 EPS (americanbankingnews.com)
- Reviewing Professional Diversity Network (IPDN) and EPAM Systems (EPAM) (americanbankingnews.com)
- What Do Facebook, Grubhub, Salesforce And Epam Have In Common? (finance.yahoo.com)
A number of analysts have commented on EPAM shares. Pivotal Research started coverage on shares of EPAM Systems in a report on Tuesday, December 5th. They set a “buy” rating and a $120.00 target price for the company. Cantor Fitzgerald lifted their target price on shares of EPAM Systems to $130.00 and gave the stock an “overweight” rating in a report on Monday, February 19th. Cowen set a $115.00 target price on shares of EPAM Systems and gave the stock a “buy” rating in a report on Monday, December 11th. Stifel Nicolaus reissued a “buy” rating and issued a $135.00 price target (up previously from $105.00) on shares of EPAM Systems in a report on Friday, February 16th. Finally, Zacks Investment Research raised shares of EPAM Systems from a “hold” rating to a “buy” rating and set a $124.00 price target for the company in a report on Wednesday, January 10th. Four analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of $113.94.
EPAM Systems (NYSE:EPAM) last issued its earnings results on Friday, February 16th. The information technology services provider reported $0.83 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.82 by $0.01. EPAM Systems had a net margin of 5.02% and a return on equity of 16.52%. 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 prior year, the firm earned $0.77 EPS. EPAM Systems’s quarterly revenue was up 27.4% compared to the same quarter last year. research analysts anticipate that EPAM Systems will post 3.31 EPS for the current fiscal year.
In related news, Director Richard Michael Mayoras sold 2,500 shares of the company’s stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of $114.72, for a total value of $286,800.00. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 6.17% of the stock is currently owned by corporate insiders.
About EPAM Systems
EPAM Systems, Inc is a g provider of software product development and digital platform engineering services to clients located primarily in North America, Europe, Asia and Australia. The Company’s service offerings cover the full software product development lifecycle from digital strategy and customer experience design to enterprise application platforms implementation and program management services and from complex software development services to maintenance, support, custom application development, application testing, and infrastructure management.
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