EPAM - EPAM Systems Inc Stock Price, Fair Value and News

249.01USD+2.06 (+0.83%)Delayed as of 23 Apr 2024, 01:56 pm ET

Market Summary

USD249.01+2.06

Delayedas of 23 Apr 2024, 01:56 pm

0.83%

EPAM Alerts

1 major insider sales recently.

EPAM Stock Price

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EPAM RSI Chart

EPAM Valuation

Market Cap

14.3B

Price/Earnings (Trailing)

34.25

Price/Sales (Trailing)

3.05

EV/EBITDA

19.39

Price/Free Cashflow

26.74

EPAM Price/Sales (Trailing)

EPAM Profitability

Operating Margin

30.57%

EBT Margin

11.44%

Return on Equity

12.02%

Return on Assets

9.58%

Free Cashflow Yield

3.74%

EPAM Fundamentals

EPAM Revenue

Revenue (TTM)

4.7B

Rev. Growth (Yr)

-6.01%

Rev. Growth (Qtr)

0.44%

EPAM Earnings

Earnings (TTM)

417.1M

Earnings Growth (Yr)

-37.08%

Earnings Growth (Qtr)

0.36%

Breaking Down EPAM Revenue

52 Week Range

197.99284.29

(Low)(High)

Last 7 days

-3.0%

Last 30 days

-8.8%

Last 90 days

-17.1%

Trailing 12 Months

-12%

How does EPAM drawdown profile look like?

EPAM Financial Health

Current Ratio

4.79

Debt/Equity

0.01

Debt/Cashflow

21.54

EPAM Investor Care

Shares Dilution (1Y)

0.26%

Diluted EPS (TTM)

7.07

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	4.9B	4.8B	4.8B	4.7B
2022	4.1B	4.5B	4.7B	4.8B
2021	2.8B	3.0B	3.4B	3.8B
2020	2.4B	2.5B	2.6B	2.7B
2019	1.9B	2.0B	2.2B	2.3B
2018	1.5B	1.6B	1.7B	1.8B
2017	1.2B	1.3B	1.4B	1.5B
2016	978.6M	1.0B	1.1B	1.2B
2015	769.7M	812.8M	856.1M	914.1M
2014	591.3M	632.8M	685.4M	730.0M
2013	463.6M	493.0M	523.1M	555.1M
2012	356.1M	379.7M	403.4M	433.8M
2011	250.0M	278.2M	306.4M	334.5M
2010	0	0	0	221.8M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

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Very Expensive Stocks: $11,022

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S&P 500 Index

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Tracking the Latest Insider Buys and Sells of EPAM Systems Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 31, 2024	shnayder boris	acquired	-	-	1,343	svp/co-head of global business
Mar 27, 2024	rockwell edward	sold (taxes)	-18,519	268	-69.00	svp/general counsel
Mar 27, 2024	abrahams gary c	sold (taxes)	-8,857	268	-33.00	vp, corporate controller, pao
Mar 27, 2024	solomon lawrence f	sold (taxes)	-80,520	268	-300	svp & chief people officer
Mar 27, 2024	fejes balazs	sold (taxes)	-81,056	268	-302	evp/co-head of global business
Mar 27, 2024	shnayder boris	sold (taxes)	-31,671	268	-118	svp/co-head of global business
Mar 27, 2024	dvorkin viktar	sold (taxes)	-44,017	268	-164	svp/head of global delivery
Mar 27, 2024	peterson jason d.	sold (taxes)	-88,035	268	-328	chief financial officer
Mar 27, 2024	shekhter elaina	sold (taxes)	-31,671	268	-118	svp, chief marketing officer
Mar 27, 2024	yezhkov sergey	sold (taxes)	-57,706	268	-215	svp/co-head of global business

Which funds bought or sold EPAM recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 19, 2024	First Trust Direct Indexing L.P.	added	13.64	12,816	243,849	0.02%
Apr 19, 2024	Sumitomo Mitsui Trust Holdings, Inc.	reduced	-0.46	-3,055,350	37,418,600	0.03%
Apr 19, 2024	State of Alaska, Department of Revenue	reduced	-14.75	-1,026,000	3,900,000	0.04%
Apr 19, 2024	Maryland State Retirement & Pension System	unchanged	-	-199,469	1,091,280	0.02%
Apr 19, 2024	CALDWELL SUTTER CAPITAL, INC.	sold off	-100	-892	-	-%
Apr 19, 2024	Wealthfront Advisers LLC	added	4.88	-6,300	237,221	-%
Apr 19, 2024	Veracity Capital LLC	added	92.69	179,850	407,612	0.16%
Apr 19, 2024	VALLEY NATIONAL ADVISERS INC	added	8.33	-	3,000	-%
Apr 19, 2024	Taylor Frigon Capital Management LLC	reduced	-0.59	-281,860	3,392,070	1.62%
Apr 18, 2024	MV CAPITAL MANAGEMENT, INC.	unchanged	-	-614	8,009	-%

Are Funds Buying or Selling EPAM?

Are funds buying EPAM calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own EPAM

No. of Funds

EPAM Alerts

1 major insider sales recently.

Unveiling EPAM Systems Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	alliancebernstein l.p.	1.6%	928,374	SC 13G/A
Feb 13, 2024	vanguard group inc	11.83%	6,825,589	SC 13G/A
Feb 09, 2024	capital research global investors	13.3%	7,698,930	SC 13G/A
Jan 30, 2024	wcm investment management, llc	4.3%	2,502,390	SC 13G/A
Jan 25, 2024	blackrock inc.	8.2%	4,722,559	SC 13G/A
Feb 14, 2023	alliancebernstein l.p.	6.1%	3,489,287	SC 13G
Feb 13, 2023	capital research global investors	11.9%	6,840,778	SC 13G/A
Feb 10, 2023	wcm investment management, llc	5.9%	3,414,098	SC 13G/A
Feb 09, 2023	vanguard group inc	11.29%	6,493,769	SC 13G/A
Feb 01, 2023	blackrock inc.	7.0%	4,005,541	SC 13G/A

Recent SEC filings of EPAM Systems Inc

View All Filings

Date Filed	Form Type	Document
Apr 16, 2024	DEF 14A	DEF 14A
Apr 02, 2024	4	Insider Trading
Mar 28, 2024	4	Insider Trading
Mar 28, 2024	4	Insider Trading
Mar 28, 2024	4	Insider Trading
Mar 28, 2024	4	Insider Trading
Mar 28, 2024	4	Insider Trading
Mar 28, 2024	4	Insider Trading
Mar 28, 2024	4	Insider Trading
Mar 28, 2024	4	Insider Trading

Peers (Alternatives to EPAM Systems Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
ACN	199.7B	64.6B	-5.93%	14.89%	28.4	3.09	2.26%	1.32%
IBM	166.8B	61.9B	-4.67%	44.69%	22.23	2.7	2.20%	357.72%
CTSH	33.9B	19.4B	-5.17%	14.61%	15.97	1.75	-0.39%	-7.16%
CDW	31.9B	21.4B	-7.05%	45.68%	28.88	1.49	-9.99%	-0.92%
BR	22.9B	6.3B	-4.55%	35.19%	33.46	3.62	8.37%	28.40%
MID-CAP
CACI	8.4B	7.1B	1.73%	22.23%	22.15	1.18	10.03%	3.79%
EXLS	4.9B	1.6B	-3.62%	-12.46%	26.58	3.01	15.48%	29.09%
ASGN	4.6B	4.5B	-1.41%	26.30%	21.12	1.04	-2.85%	-18.20%
DXC	3.7B	13.9B	-0.15%	-15.38%	-8.03	0.27	-6.57%	-164.76%
XRX	2.0B	6.9B	-3.53%	19.33%	2.0K	0.3	-3.11%	100.31%
SMALL-CAP
CTG	1.5B	302.0M	15.15%	1297.06%	2.8K	4.93	-16.01%	-96.16%
GDYN	788.6M	312.9M	-14.82%	-10.34%	-446.8	2.52	0.78%	93.96%
CNDT	640.4M	3.7B	-6.44%	-10.29%	-2.16	0.17	-3.53%	-62.64%
DMRC	461.8M	34.9M	-17.85%	32.63%	-10.05	13.25	15.41%	23.14%
CSPI	134.7M	61.7M	-32.93%	-1.65%	32.31	2.18	2.22%	29.66%

EPAM Systems Inc News

Latest updates

EPAM Systems Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	0.4%	1,157	1,152	1,170	1,211	1,231	1,227	1,195	1,172	1,107	989	881	781	723	652	632	651	633	588	552	521	505
Cost Of Revenue	0.4%	798	794	809	856	833	827	846	781	727	653	584	519	466	423	420	424	410	378	356	345	319
S&GA Expenses	9.8%	214	195	194	212	205	198	233	237	191	169	152	136	129	117	114	125	125	119	112	102	97.00
EBITDA Margin	-	0.13*	-	0.16*	0.13*	0.12*	0.12*	0.11*	0.15*	0.16*	0.16*	0.17*	0.17*	0.17*	-	-	-	-	-	-	-	-
Income Taxes	-13.9%	30.00	35.00	30.00	25.00	46.00	35.00	-9.95	17.00	18.00	20.00	8.00	6.00	16.00	15.00	9.00	11.00	10.00	13.00	12.00	3.00	19.00
Earnings Before Taxes	-3.4%	127	132	150	127	201	191	9.00	106	160	135	123	115	102	104	76.00	96.00	85.00	80.00	71.00	64.00	79.00
EBT Margin	-10.7%	0.11*	0.13*	0.14*	0.11*	0.11*	0.10*	0.09*	0.13*	0.14*	0.14*	0.15*	0.14*	-	-	-	-	-	-	-	-	-
Net Income	0.4%	98.00	97.00	120	102	155	156	19.00	90.00	142	116	115	109	86.00	89.00	67.00	86.00	75.00	67.00	59.00	61.00	60.00
Net Income Margin	-10.7%	0.09*	0.10*	0.11*	0.09*	0.09*	0.09*	0.08*	0.11*	0.13*	0.13*	0.13*	0.13*	-	-	-	-	-	-	-	-	-
Free Cashflow	-23.6%	161	211	82.00	79.00	165	234	59.00	-75.12	228	185	46.00	2.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	4.6%	4,352	4,162	4,094	4,071	4,009	3,736	3,564	3,508	3,523	3,242	2,962	2,781	2,721	2,555	2,389	2,312	2,244	2,040	1,931	1,831	1,612
Current Assets	5.7%	3,091	2,925	2,872	2,831	2,760	2,528	2,360	2,267	2,269	2,092	2,038	2,005	1,913	1,752	1,598	1,508	1,474	1,365	1,286	1,245	1,199
Cash Equivalents	8.7%	2,036	1,873	1,777	1,749	1,681	1,490	1,296	1,308	1,447	1,426	1,285	1,374	1,324	1,162	995	917	938	854	779	764	772
Net PPE	-1.9%	235	240	256	267	273	210	211	220	236	177	174	165	170	164	167	165	165	115	111	106	103
Goodwill	2.6%	562	548	534	534	529	506	521	534	531	387	335	125	212	208	199	199	195	186	179	168	167
Liabilities	2.2%	881	862	830	941	1,006	977	940	954	1,027	903	749	717	738	695	636	664	648	548	509	493	349
Current Liabilities	5.1%	645	614	584	683	747	728	685	683	763	633	523	464	466	415	366	389	387	311	273	283	263
Short Term Borrowings	-	-	-	-	-	3.00	8.00	7.00	10.00	16.00	-	25.00	-	-	-	-	-	-	-	-	-	-
Long Term Debt	-5.0%	26.00	28.00	26.00	28.00	28.00	28.00	30.00	31.00	30.00	25.00	0.00	25.00	25.00	25.00	25.00	25.00	25.00	25.00	25.00	25.00	25.00
LT Debt, Non Current	-5.0%	26.00	28.00	26.00	28.00	28.00	28.00	30.00	31.00	30.00	25.00	0.00	25.00	25.00	25.00	25.00	-	25.00	-	-	-	-
Shareholder's Equity	5.2%	3,471	3,299	3,263	3,130	3,002	2,759	2,624	2,554	2,496	2,339	2,213	2,064	1,983	1,860	1,753	1,647	1,596	1,492	1,422	1,338	1,263
Additional Paid-In Capital	6.1%	1,009	951	914	864	848	802	761	719	712	694	670	648	661	649	631	611	607	590	575	554	545
Shares Outstanding	0.2%	58.00	58.00	58.00	58.00	58.00	57.00	57.00	57.00	57.00	57.00	56.00	56.00	-	-	-	-	-	-	-	-	-
Minority Interest	0%	1.00	1.00	1.00	1.00	1.00	1.00	2.00	2.00	9.00	-	-	-	-	-	-	-	-	-	-	-	-
Float	-	-	-	12,607	-	-	-	16,370	-	-	-	27,964	-	-	-	13,560	-	-	-	9,127	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-20.2%	171,369	214,879	89,052	87,334	186,069	252,368	77,515	-51,848	284,614	206,050	68,836	12,827	159,432	175,564	146,156	63,255	124,587	119,039	44,029	-202	123,130
Share Based Compensation	0.9%	38,194	37,847	33,110	38,579	31,617	33,287	27,893	7,112	34,017	29,187	23,898	24,553	20,444	23,474	19,439	11,881	19,012	15,471	15,697	21,856	12,452
Cashflow From Investing	-96.0%	-20,697	-10,561	-17,793	-17,717	-31,139	-28,700	-88,525	-34,563	-210,432	-61,102	-145,851	48,461	-17,907	-15,676	-74,086	-59,485	-57,787	-40,137	-28,885	-18,560	-34,290
Cashflow From Financing	72.3%	-22,356	-80,586	-47,513	-15,318	8,045	568	-1,030	-9,604	-45,059	4,498	-20,325	1,329	318	5,565	-4,602	-2,046	7,216	4,939	-1,973	10,181	2,150
Buy Backs	-53.5%	36,491	78,487	41,437	8,510	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

EPAM Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Statement [Abstract]
Revenues	$ 4,690,540	$ 4,824,698	$ 3,758,144
Operating expenses:
Cost of revenues (exclusive of depreciation and amortization)	3,256,514	3,286,683	2,483,697
Selling, general and administrative expenses	815,065	872,777	648,736
Depreciation and amortization expense	91,800	92,272	83,395
Loss on sale of business	25,922	0	0
Income from operations	501,239	572,966	542,316
Interest and other income/(loss), net	51,124	10,025	(1,727)
Foreign exchange loss	(15,778)	(75,733)	(7,197)
Income before provision for income taxes	536,585	507,258	533,392
Provision for income taxes	119,502	87,842	51,740
Net income	$ 417,083	$ 419,416	$ 481,652
Net income per share:
Basic (in dollars per share)	$ 7.21	$ 7.32	$ 8.52
Diluted (in dollars per share)	$ 7.06	$ 7.09	$ 8.15
Shares used in calculation of net income per share:
Basic (in shares)	57,829	57,291	56,511
Diluted (in shares)	59,085	59,169	59,064

EPAM Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets
Cash and cash equivalents	$ 2,036,235	$ 1,681,344
Trade receivables and contract assets, net of allowance of $11,864 and $15,310, respectively	897,032	932,626
Short-term investments	60,739	60,336
Prepaid and other current assets	97,355	85,319
Total current assets	3,091,361	2,759,625
Property and equipment, net	235,053	273,348
Operating lease right-of-use assets, net	134,898	148,780
Intangible assets, net	71,118	77,652
Goodwill	562,459	529,072
Deferred tax assets	197,901	172,797
Other noncurrent assets	59,575	47,877
Total assets	4,352,365	4,009,151
Current liabilities
Accounts payable	31,992	30,852
Accrued compensation and benefits expenses	412,747	475,871
Accrued expenses and other current liabilities	124,823	154,339
Income taxes payable, current	38,812	46,069
Operating lease liabilities, current	36,558	40,352
Total current liabilities	644,932	747,483
Long-term debt	26,126	27,693
Operating lease liabilities, noncurrent	109,261	122,317
Other noncurrent liabilities	100,576	108,648
Total liabilities	880,895	1,006,141
Commitments and contingencies (Note 17)
Stockholders’ equity
Common stock, $0.001 par value; 160,000 authorized; 57,787 and 57,668 shares issued, 57,787 and 57,655 shares outstanding at December 31, 2023 and December 31, 2022, respectively	58	58
Additional paid-in capital	1,008,766	847,965
Retained earnings	2,501,107	2,248,948
Treasury stock	0	(118)
Accumulated other comprehensive loss	(39,040)	(95,321)
Total EPAM Systems Inc. stockholders’ equity	3,470,891	3,001,532
Noncontrolling interest in consolidated subsidiaries	579	1,478
Total equity	3,471,470	3,003,010
Total liabilities and equity	$ 4,352,365	$ 4,009,151

About EPAM Systems Inc

EPAM Systems, Inc. provides digital platform engineering and software development services worldwide. The company offers engineering services, including requirements analysis and platform selection, customization, cross-platform migration, implementation, and integration; infrastructure management services, such as software development, testing, and maintenance with private, public, and infrastructure management for application, database, network, server, storage, and systems operations management, as well as monitoring, incident notification, and resolution services; and maintenance and support services. It also provides operation solutions comprising integrated engineering practices and smart automation; and optimization solutions that include software application testing, test management, automation, and consulting services to enable customers enhance their existing software testing and quality assurance practices, as well as other testing services that identify threats and close loopholes to protect its customers' business systems from information loss. In addition, the company offers business, experience, technology, data, and technical advisory consulting services; and digital and service design solutions, which comprise strategy, design, creative, and program management services, as well as physical product development, such as artificial intelligence, robotics, and virtual reality. The company serves the financial services, travel and consumer, software and hi-tech, business information and media, life sciences and healthcare, and other industries EPAM Systems, Inc. was founded in 1993 and is headquartered in Newtown, Pennsylvania.

CEO	Mr. Arkadiy Dobkin
WEBSITE	epam.com
INDUSTRY	IT Services
EMPLOYEES	59300

EPAM Systems Inc Frequently Asked Questions

What is the ticker symbol for EPAM Systems Inc? What does EPAM stand for in stocks?

EPAM is the stock ticker symbol of EPAM Systems Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of EPAM Systems Inc (EPAM)?

As of Mon Apr 22 2024, market cap of EPAM Systems Inc is 14.29 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of EPAM stock?

You can check EPAM's fair value in chart for subscribers.

What is the fair value of EPAM stock?

You can check EPAM's fair value in chart for subscribers. The fair value of EPAM Systems Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of EPAM Systems Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for EPAM so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is EPAM Systems Inc a good stock to buy?

The fair value guage provides a quick view whether EPAM is over valued or under valued. Whether EPAM Systems Inc is cheap or expensive depends on the assumptions which impact EPAM Systems Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for EPAM.

What is EPAM Systems Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Mon Apr 22 2024, EPAM's PE ratio (Price to Earnings) is 34.25 and Price to Sales (PS) ratio is 3.05. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. EPAM PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on EPAM Systems Inc's stock?

In the past 10 years, EPAM Systems Inc has provided 0.229 (multiply by 100 for percentage) rate of return.