EPAM Systems Inc (NASDAQ: EPAM) Stocks To Watch

EPAM Systems Inc day trading at USD 252.29 per share, then rallying to 254 and closing at USD 247.5 per share. A net loss of -1.89% for the day. Long term pricing analysis shows the stock trading at 1.54% lower than it’s 52week high and -60.53% higher than the 52week low. The share volume traded for the day was 324K which was 0 times the 50 Day Average Volume.

EPAM Systems Inc had a market cap of 13,770,760K as of 24th June 2020. The Earnings Per Share (EPS) for Q4 2019 is $4.94.

EPAM Systems Inc is a global product development, digital platform engineering, and digital and product design agency headquartered in the US.

Financial Results

EPAM Systems Inc Reports First Quarter Of Fiscal 2020.

  • Revenues increased to $651.4 million, a year-over-year increase of $130.0 million, or 24.9%, and on a constant currency basis, revenues were up 26.0% over the corresponding period last year;
  • GAAP income from operations was $87.5 million, an increase of $22.9 million, or 35.3%, compared to $64.7 million in the first quarter of 2019;
  • Non-GAAP income from operations was $105.3 million, an increase of $16.1 million, or 18.1%, compared to $89.2 million in the first quarter of 2019;
  • Diluted earnings per share (“EPS”) on a GAAP basis was $1.47, an increase of $0.41, or 38.7%, compared to $1.06 in the first quarter of 2019 based on weighted average diluted shares outstanding of 58.1 million; and
  • Non-GAAP diluted EPS was $1.43, an increase of $0.18, or 14.4%, compared to $1.25 in the first quarter of 2019.

EPAM Systems Inc (24th June 2020): The Institutional Ownership as of today stood at 96.29% and the Total Value of Holdings (millions) is $ 13,591

New Institutional Holders and other activity – As of today, the total number of shares held is, 53,576,888 by 467 institutional holders.

LATEST NEWS:

23-June-2020:- EPAM Systems Inc (NYSE: EPAM) Holdings Cut by Colony Group LLC – Modern Readers

Colony Group LLC lowered its holdings in EPAM Systems Inc (NYSE: EPAM) by 1.6% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 11,714 shares of the information technology services provider’s stock after selling 195 shares during the period.

19-June-2020:- Advisors Asset Management Inc. Has $2.90 Million Stock Position in EPAM Systems Inc (NYSE: EPAM)

Advisors Asset Management Inc. decreased its stake in EPAM Systems Inc (NYSE: EPAM) by 13.5% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 15,620 shares of the information technology services provider’s stock after selling 2,428 shares during the quarter.

19-June-2020:- EPAM Systems Inc (NYSE: EPAM) Stock Position Boosted by Caisse DE Depot ET Placement DU Quebec – Modern Readers

Caisse DE Depot ET Placement DU Quebec boosted its stake in EPAM Systems Inc (NYSE: EPAM) by 74.1% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,700 shares of the information technology services provider’s stock after buying an additional 2,000 shares during the period.

 

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