Why EPAM Systems, Inc. (NYSE:EPAM) Is In News?


Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $83.7600 on EPAM Systems, Inc. (NYSE:EPAM) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $3.0700 for the next fiscal and $N/A for underway quarter. Valuation Estimates Analysts take into account the price to earnings ratio to estimate the firm’s valuation. This ratio, which is also called as the P/E ratio evaluates the company on relative expense factor. The formula to calculate ratio is stock’s latest price/ per share earnings. The P/E ratio of EPAM Systems, Inc. (NYSE:EPAM) stands at 39.7819. Analysts also work out Price/Earnings Growth ratio in an attempt to estimate the valuation of a firm. This ratio commonly known as the PEG ratio implies the stock’s valuation compared to earnings growth potential. Investors look to invest in the stocks with a lower PEG ratio. For EPAM Systems, Inc. Common Stock, the PEG ratio for coming 3-5 years is 1.1600. Technical Analysis The technical analysis highlights that EPAM Systems, Inc. Common Stock current price is trading $-2.7007 points away -3.6798% from $73.3932, which stands as the 50-day moving average of the firm. The stock’s 200-day MA is $72.9261 and, for now, the stock price is trading $-2.2336 or -3.0628% away from that point. The 52-week high of EPAM Systems, Inc. (NYSE:EPAM) was $84.4100 while lowest point recorded in 52-week was $54.8800. It implies if stock price makes a movement of over $-13.7175, it will record a new 52-week high. In the case of $+28.8129% points drop, it will touch a new 52-week low.

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