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EPAM Systems (NASDAQ:EPAM) has been given a consensus rating of “Buy” by the six analysts that are covering the stock, American Banking & Market News reports. One analyst has rated the stock with a sell recommendation, one has given a hold recommendation and four have issued a buy recommendation on the company. The average twelve-month target price among analysts that have covered the stock in the last year is $43.00.

EPAM Systems (NASDAQ:EPAM) traded down 1.54% during mid-day trading on Monday, hitting $40.37. 93,510 shares of the company’s stock traded hands. EPAM Systems has a 1-year low of $29.44 and a 1-year high of $46.70. The stock’s 50-day moving average is $39.97 and its 200-day moving average is $38.39. The company has a market cap of $1.919 billion and a price-to-earnings ratio of 29.97.

EPAM Systems (NASDAQ:EPAM) last released its earnings data on Monday, August 4th. The company reported $0.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.48 by $0.05. The company had revenue of $174.70 million for the quarter, compared to the consensus estimate of $169.52 million. During the same quarter in the previous year, the company posted $0.40 earnings per share. The company’s revenue for the quarter was up 31.2% on a year-over-year basis. Analysts expect that EPAM Systems will post $2.07 EPS for the current fiscal year.

In other EPAM Systems news, CFO Anthony J. Conte sold 5,000 shares of the company’s stock on the open market in a transaction that occurred on Thursday, August 7th. The stock was sold at an average price of $40.82, for a total transaction of $204,100.00. The transaction was disclosed in a document filed with the SEC, which is available at this link.

EPAM has been the subject of a number of recent research reports. Analysts at Monness Crespi & Hardt initiated coverage on shares of EPAM Systems in a research note on Monday. They set a “sell” rating and a $34.00 price target on the stock. Analysts at Barclays raised their price target on shares of EPAM Systems from $38.00 to $41.00 in a research note on Friday, June 6th. They now have an “equal weight” rating on the stock.

EPAM Systems, Inc (NASDAQ:EPAM) is a global information technology (IT) services provider focused on software product development services, software engineering and vertically-oriented custom development solutions.

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