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How to Buy Epam Systems Stock

Epam Systems Inc

Epam Systems is a information technology service company located in Pennsylvania, United States, which is part of the Technology sector, and is traded under the ticker EPAM on the NYSE exchange.

Epam Systems stock last closed at $183.09, down 0.91% from the previous day, and has decreased 16.91% in one year. It has underperformed other stocks in the Information Technology Services industry by 0.29 percentage points. Epam Systems stock is currently +8.06% from its 52-week low of $169.43, and -42.33% from its 52-week high of $317.50.

At the moment, there are 57.97M EPAM shares outstanding. The market cap of EPAM is $10.61B. In the past 24 hours, 962,744 EPAM shares were traded.

How to Buy Epam Systems Stock

Not sure how to invest in Epam Systems stock? Here's how.
  1. Choose where to buy Epam Systems stock: You need to pick an online brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you choose where to buy Epam Systems stock.
  2. Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Deposit money your brokerage account: Choose your method of payment and add your info.
  4. Research Epam Systems stock: The Epam Systems ticker symbol is EPAM. Is Epam Systems stock a good investment? Should you buy shares of EPAM? How do EPAM's underlying business fundamentals look? Do top analysts think Epam Systems is a good buy? Why has EPAM's stock price moved recently? (Hint: Our stock research website can help you evaluate if EPAM is a good stock to buy).
  5. Execute your EPAM purchase: Decide if you will purchase EPAM shares at the current market price or use a limit order to buy EPAM stock at a particular price.
  6. Get the latest news on your EPAM position: Create a watchlist to key updates about your position in Epam Systems shares.

Step 1: Choose where to buy Epam Systems stock

You need a brokerage account in order to access the NYSE market and buy EPAM shares.

A brokerage account is an investment account that enables you to buy and sell a variety of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Open a brokerage account

Now that you've chosen your brokerage, you'll need to fill out some personal info so you are able to invest in EPAM today.

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Step 3: Deposit money your brokerage account

Now that you have finished signing up on app for investing, you need to deposit funds:

Watch this video walkthrough to see the process of depositing funds into your new brokerage account.

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Step 4: Research Epam Systems stock

Once you have identified the best place to buy Epam Systems stock, it's very important to analyze their stock prior to buying, so you truly understand the risk as well as the upside.

Overview of key EPAM info

EPAM Price
$183.09
1w %
5.01%
1y %
-16.91%
5y %
6.57%
P/E
24.58x
P/B
3.05x
P/S
2.28x
PEG
3.06x
Revenue
$4.65B
Earnings
$431.03M
Fore. Rev. Growth
4%
Fore. Earn. Growth
8.92%
Market Cap
$10.61B
Next Earnings
Aug 3, 2024
Next Dividend
N/A

Fundamentals of Epam Systems

WallStreetZen was created to help average investors perform better fundamental analysis.

You can view all of the due diligence checks on EPAM's stock page.

Is EPAM stock properly valued?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge EPAM's true value.

Using relative valuations methods:

  • EPAM may be undervalued based on its P/E ratio of 24.58x, relative to Information Technology Services industry P/E ratio of 28.15x
  • EPAM could be undervalued based on its P/B ratio of 3.05x, relative to Information Technology Services industry P/B ratio of 4.57x
  • EPAM could be overvalued based on its PEG ratio of 3.06x

You can access more valuation analysis on EPAM's stock here.

A quick look at EPAM Financials

Passed Financial Due Diligence Checks:

  • Total EPAM debt is lower than 5 years ago, relative to shareholder equity.
  • There are more short-term assets than short-term liabilities on the EPAM balance sheet.
  • EPAM has a low debt to equity ratio of 0.26.
  • EPAM profit margin has gone up from 8.9% to 9.3% in the past year.
  • EPAM earnings of $532.96M is not enough to cover its interest payments.
  • There are more short-term assets than long-term liabilities on the EPAM balance sheet.
  • EPAM's operating cash flow of $605.22M allows it to safely service it's debt of $172.36M.

Do analysts think it's a good time to buy EPAM stock

Out of 18 sell side analysts who research EPAM, the consensus analyst rating on Epam Systems is a Buy

It's important to note that analyst ratings are not stock recommendations, nor are they investment advice.

Latest EPAM Analyst Recommendations

Bryan Bergin, a top 29% analyst from TD Cowen maintains EPAM with a hold rating and lowers their EPAM price target from $282.00 to $203.00, on May 10, 2024.

Divya Goyal, a bottom 16% analyst from ScotiaBank downgrades EPAM to a hold rating and lowers their EPAM price target from $300.00 to $245.00, on May 10, 2024.

ScotiaBank's Divya Goyal downgraded their rating on Epam Systems (NYSE: EPAM) from Buy to Hold on 2024/05/10. The analyst also lowered their price target by 18.3% from $300 to $245.

Epam Systems reported its Q1 2024 earnings on 2024/05/09.

In a sector review note, Goyal explained their downgrade and price cut on Epam Systems by saying that Scotiabank believes "sustained macroeconomic pressure, exacerbated by delay in potential rate cuts, will likely continue to dampen the demand environment for the CX/DX [Customer Experience/Digital Transformation] sector, restraining revenue growth across the group."

Adding that their firm is now taking "a bearish stance on all DX companies in the short-term," the analyst also downgraded Globant and Telus International.

Footnotes

https://thefly.com/news.php?symbol=EPAM

Earnings Report

For Q1 2024, Epam Systems reported:

  • EPS of  $2.46, which beat the Zacks Consensus Estimate of $2.32 but missed, by 0.4%, Q1 2023's $2.47.
  • Revenue of $1.165B, which was in line with the Zacks Consensus Estimate but missed, by 3.8%, Q1 2023's $1.62B.
  • Excluding the effect of Epam System's withdrawal from Russia, revenue declined 4.8% Y/Y.
  • 14.% operating margin, down from Q1 2023's 14.%.

Management guided:

For Q2 2024:

  • EPS of $2.21 to $2.29.
  • Revenue of $1.135B to $1.145B, a 2.6% Y/Y decline at the midpoint.
  • Operating margin of 13.5% to 14.5%

For FY 2024:

  • EPS of $10 to $10.30, down from the prior $10 to $10.40.
  • Revenue of $4.575B to $4.675, a 1.4% Y/Y decline of 1.4% at the midpoint, down from the prior guide of 1% to 4% growth.
  • Operating margin of 15% to 15.5%, up from the prior 14.5% to 15.5%.

President & CEO Arkadiy Dobkin commented: "Our solid performance in Q1 2024 reflects our level of adaptability to a challenging demand environment, which we now believe is unlikely to improve this year to the degree we expected one quarter ago.

“As we look forward to an eventual rebound in demand, we are refining our global operations and investing in optimized and AI-enabled delivery, consulting, partnerships, generative AI capabilities and client-centric talent.”

Mayank Tandon, a top 6% analyst from Needham maintains EPAM with a buy rating and lowers their EPAM price target from $350.00 to $210.00, on May 10, 2024.

Tien-tsin Huang, a top 33% analyst from JP Morgan maintains EPAM with a strong buy rating and lowers their EPAM price target from $331.00 to $311.00, on May 2, 2024.

James Faucette, a top 10% analyst from Morgan Stanley upgrades EPAM to a hold rating and lowers their EPAM price target from $236.00 to $225.00, on Apr 26, 2024.

You can dig deeper into what analysts are saying on the Epam Systems stock forecast page.

EPAM Momentum

SMA10
178.47
SMA20
177.59
SMA50
205.56
SMA100
247.61
SMA200
255.48
MACD
-6.66
MACD Signal
-9.77
MACD Histogram
3.12
RSI
45.51
Stochastic %K
88.47
Stochastic %D
64.93
StochRSI %K
97.45
StochRSI %D
76.66

Is EPAM Making Money?

Last year, EPAM earnings were $431.03M. During the last 5 year, EPAM's earnings have increased by 11.16% per year. This was faster than the Information Technology Services industry average of 7.38%.

Last year, EPAM revenue was $4.65B. In the last five year, EPAM's revenue has increased by 19.08% per year. This was faster than the Information Technology Services industry average of 7.59%.

Dive into EPAM's earnings and revenue performance here.

Who is buying/selling EPAM?

In the last year, executives and large shareholders at EPAM have bought more shares than they have sold.

Eugene Roman, Director of EPAM, was the latest EPAM insider to sell. They sold $76,509.90 worth of EPAM shares on Jun 2, 2024.

Dig into more about who owns EPAM shares here.

Can I get consistent income from EPAM stock?

No, Epam Systems doesn't provide an income stream by paying out dividends.

Get analysis from other traders

One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.

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Step 5: Execute your EPAM purchase

There are two main options:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are usually sufficient.
  • Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
    If you want to be sure you're buying or selling at a given dollar amount limit, place a limit order.

Click the Open button and your broker will place the order.

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Step 6: Get the latest news on your EPAM position

Now that you own some EPAM shares, you'll want to stay up-to-date on your new company.

Start a watchlist to monitor your EPAM stock.

EPAM Feed

How to Buy Stock in Epam Systems

To summarize, here are the 6 steps you need to take to buy Epam Systems stock right now:

  1. Choose where to buy Epam Systems stock
  2. Open a brokerage account
  3. Deposit money your brokerage account
  4. Research Epam Systems stock
  5. Execute your EPAM purchase
  6. Get the latest news on your EPAM position

If you require a brokerage, eToro is our recommended venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to watch your investment in Epam Systems, get started below.

NYSE: EPAM
$183.09-1.69 (-0.91%)
Updated Jun 24, 2024
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NYSE: EPAM
$183.09-1.69 (-0.91%)
Updated Jun 24, 2024
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FAQ

How much does it cost to buy one Epam Systems share?

As of Jun 24, 2024, it costs $183.09 to buy one share of Epam Systems stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $100, you can buy 0.546 shares of EPAM.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Epam Systems stock?

According to 18 Wall Street analysts who monitor Epam Systems, their consensus recommendation is to buy Epam Systems stock.

What is the best way to buy Epam Systems stock?

One way to place an order for Epam Systems stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.