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EPAM Systems Is Undervalued And Positioned Back To Growth Mode
Seeking Alpha· 2025-01-15 11:25
In today’s digital transformation, companies all over the world grasp AI technology to improve their overall day-to-day operations. EPAM Systems (NYSE: EPAM ), as one of the leading IT companies offering AI and data driven transformational services inHi there! I am an equity research analyst by profession but a trader by heart, with a background in accounting. I try my best to be a responsible investor, guided by my expertise in fundamental and technical analysis. I enjoy surfing and riding the trends about ...
Newsweek Ranks EPAM Among Top 5 in IT Services & Consulting on its 2025 Excellence 1000 Index
Prnewswire· 2025-01-08 15:02
Company Recognition - EPAM Systems ranked 754 overall and in the Top 5 for IT Services and IT Consulting in the 2025 Excellence 1000 Index by Newsweek [1] - EPAM has been recognized as a "Most Loved Workplace" by Newsweek for the last four years and has received multiple awards for its ESG initiatives, including the 2024 Inclusive Excellence Award and the 2024 SEAL Sustainable Excellence Award [4] Industry and Market Position - EPAM is a leading global provider of digital engineering, cloud, and AI-enabled transformation services, serving clients across six continents [8] - The company is among the top 15 companies in Information Technology Services in the Fortune 1000 and is recognized as a leader in the IDC MarketScapes for Worldwide Experience Build Services, Worldwide Experience Design Services, and Worldwide Software Engineering Services [8] Strategic Growth and Innovation - EPAM has invested in innovation and future capabilities through acquisitions of First Derivative, Neoris, Odysseus Data Services, and Vates, enhancing AI, data-driven solutions, and cloud services [4] - The company focuses on delivering transformative solutions through its robust capabilities in digital, AI, GenAI, data, cloud, and engineering, aiming to solve clients' most challenging problems [2] Corporate Values and ESG Commitment - EPAM is committed to financial responsibility, stakeholder ratings, and social responsibility, as highlighted by its inclusion in the Excellence 1000 Index [1] - The company aligns with the UN's principles on human rights, labor, environment, and anti-corruption, as part of its Global Compact Status [5] Client and Employee Engagement - EPAM emphasizes employee and client satisfaction, with a focus on improving people's lives and delivering competitive advantages across diverse industries [7] - The company's Employee Rating and Customer Rating are key metrics in its evaluation, reflecting its commitment to ethical practices and high-quality services [5]
EPAM Completes Strategic Acquisition of First Derivative, Enhancing AI and Data-Driven Solutions for Financial Services
Prnewswire· 2024-12-03 07:02
Strategic acquisition strengthens EPAM's financial services delivery capabilities in North America, Europe and APAC, enhancing end-to-end servicesNEWTOWN, Pa. and NEWRY, N. Ireland, Dec. 3, 2024 /PRNewswire/ -- EPAM Systems, Inc. (NYSE: EPAM), a leading digital transformation services and product engineering company, today announced the successful completion of its acquisition of First Derivative, a Northern Ireland-headquartered managed services and consulting business for the capital markets industry with ...
What Makes Epam (EPAM) a New Buy Stock
ZACKS· 2024-11-21 18:00
Epam (EPAM) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.Individual inves ...
Can Q3 Earnings Beat & Strong FY24 View Lift the EPAM Stock?
ZACKS· 2024-11-08 18:21
EPAM Systems (EPAM) reported third-quarter 2024 non-GAAP earnings of $3.12 per share, beating the Zacks Consensus Estimate by 15.5%. The bottom line increased 14% year over year. EPAM's earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with an average surprise being 9.9%. Find the latest EPS estimates and surprises on Zacks Earnings Calendar. EPAM's third-quarter revenues of $1.168 billion surpassed the consensus mark by 1.39%. EPAM's top line rose 1.3% year over year, demons ...
Epam (EPAM) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2024-11-08 15:36
For the quarter ended September 2024, Epam (EPAM) reported revenue of $1.17 billion, up 1.3% over the same period last year. EPS came in at $3.12, compared to $2.73 in the year-ago quarter.The reported revenue represents a surprise of +1.47% over the Zacks Consensus Estimate of $1.15 billion. With the consensus EPS estimate being $2.70, the EPS surprise was +15.56%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their nex ...
Epam (EPAM) Just Overtook the 200-Day Moving Average
ZACKS· 2024-11-08 15:30
After reaching an important support level, Epam (EPAM) could be a good stock pick from a technical perspective. EPAM surpassed resistance at the 200-day moving average, suggesting a long-term bullish trend.A useful tool for traders and analysts, the 200-day simple moving average helps determine long-term market trends for stocks, commodities, indexes, and other financial instruments. It moves higher or lower in conjunction with longer-term price performance, and serves as a support or resistance level.EPAM ...
EPAM, in Collaboration with the IMF, Launch StatGPT 2.0, a GenAI Application for Global Economic Data, to SDMX Sponsor Organizations
Prnewswire· 2024-11-08 15:02
NEWTOWN, Pa., Nov. 8, 2024 /PRNewswire/ -- EPAM Systems, Inc. (NYSE: EPAM), a leading digital transformation services and product engineering company, today announced the release of the StatGPT 2.0 Platform, created in collaboration with the International Monetary Fund (IMF) for evaluating and testing by Statistical Data and Metadata eXchange (SDMX) sponsor organizations and selected national statistical organizations. The Platform will be shown at the 2024 IMF Statistical Forum: Measuring the Implications ...
EPAM Systems Stock Leads S&P 500 Gains Thursday on Strong Earnings, Outlook
Investopedia· 2024-11-07 22:20
Key TakeawaysEPAM Systems shares surged nearly 15% Thursday, delivering the top daily performance in the S&P 500. The company reported third-quarter earnings that topped estimates and raised its full-year outlook.Despite Thursday's gains, shares remained lower for the year. EPAM Systems (EPAM) shares jumped close to 15% Thursday, delivering the top daily performance in the S&P 500 after the company reported earnings that topped estimates and raised its full-year outlook. EPAM posted third-quarter revenue of ...
EPAM(EPAM) - 2024 Q3 - Quarterly Report
2024-11-07 22:19
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | --- | --- | --- | |----------------------------------------------------|-------------------------------------------------------------------------------------------------------------------------- ...