Beyond The Numbers: 18 Analysts Discuss EPAM Sys Stock
Portfolio Pulse from Benzinga Insights
18 analysts have recently updated their ratings and price targets for EPAM Systems (NYSE:EPAM), showing a mix of bullish and bearish perspectives. The average 12-month price target is now $326.67, up from $293.38, indicating a positive sentiment shift. Analyst actions include maintaining, raising, and lowering ratings, reflecting responses to market dynamics and EPAM's performance. Despite a challenging quarter with a revenue decline of -6.01% and below-average net margin and ROE, EPAM's strong ROA and low debt-to-equity ratio highlight its financial health.
March 22, 2024 | 5:00 pm
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POSITIVE IMPACT
EPAM Systems sees a mix of analyst ratings with an increased average price target of $326.67, despite a revenue decline and challenges in net margin and ROE. Its strong ROA and low debt-to-equity ratio are positives.
The increase in the average price target to $326.67 from $293.38, despite recent revenue decline and profitability challenges, indicates a positive sentiment shift among analysts. This could lead to short-term price appreciation. The strong ROA and low debt-to-equity ratio suggest financial health, potentially mitigating concerns about revenue and profitability, thus supporting a positive short-term impact on EPAM's stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100