EPAM Systems, Inc.’s Stock Price Takes a Dip to $200.40, Recording a 2.46% Drop: A Detailed Analysis

EPAM Systems, Inc. (EPAM)

200.40 USD -5.06 (-2.46%) Volume: 0.5M

EPAM Systems, Inc.’s stock price is currently trading at $200.40, experiencing a decrease of -2.46% this trading session with a trading volume of 0.5M, reflecting a significant YTD decline of -32.60%, indicating a challenging period for the tech giant’s investors.

Latest developments on EPAM Systems, Inc.

Today, the stock price of Epam Systems (NYSE:EPAM) experienced a 3% decrease following the news of the company winning five Brandon Hall Group Awards for their AI-Driven Learning Innovations. Additionally, the State of New Jersey Common Pension Fund D revealed a significant $10.19 million stake in EPAM Systems, Inc. (NYSE:EPAM), indicating strong investor interest in the company’s future prospects.

EPAM Systems, Inc. on Smartkarma

Analyst coverage of Epam Systems on Smartkarma indicates a bullish sentiment, with Baptista Research publishing insightful reports on the company’s recent financial performance and future outlook. In one report titled “EPAM Systems: Will The Acquisition of Odysseus Data Services Be A Game Changer? – Major Drivers,” the company’s second quarter 2024 earnings were highlighted, showcasing strong growth in healthcare and life sciences sectors. Another report by Baptista Research titled “EPAM Systems: Global Operations Refinement and Rebalancing Delivery Platform! – Major Drivers” discussed the challenges faced by the company in Q1 2024, including a decrease in revenue and gross margin due to foreign exchange impacts and pricing adjustments.

A look at EPAM Systems, Inc. Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

EPAM Systems, Inc. provides software development and outsourcing services, among other solutions. According to Smartkarma Smart Scores, the company has a mixed long-term outlook. While it scores well in resilience and momentum, indicating its ability to withstand challenges and maintain growth, its value and dividend scores are lower. This suggests that investors may need to carefully consider the company’s overall financial health and potential for returns.

Looking ahead, EPAM Systems’ growth score is also moderate, pointing to potential opportunities for expansion in the future. Overall, the company’s performance in different areas as indicated by the Smart Scores highlights both strengths and areas for improvement, making it important for investors to conduct thorough research and analysis before making investment decisions.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
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