With 2.03 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.79 million shares. The 52-week range on EPAM shows that it touched its highest point at $269.00 and its lowest point at $138.15 during that stretch. It currently has a 1-year price target of $212.65. Beta for the stock currently stands at 1.71.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of EPAM was up-trending over the past week, with a rise of 13.41%, but this was up by 25.38% over a month. Three-month performance dropped to -32.00% while six-month performance fell -5.07%. The stock lost -27.06% in the past year, while it has lost -23.14% so far this year. A look at the trailing 12-month EPS for EPAM yields 7.84 with Next year EPS estimates of 11.93. For the next quarter, that number is 2.53. This implies an EPS growth rate of -2.26% for this year and 12.43% for next year. EPS is expected to grow by 7.43% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 11.61%.
Float and Shares Shorts:
At present, 56.63 million EPAM shares are outstanding with a float of 54.47 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for EPAM since 14 analysts follow the stock currently. There are 9 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 5 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $10.79395 being high and $10.704 being low. For EPAM, this leads to a yearly average estimate of $10.77396.
