Epam Systems Set to Beat Earnings Estimates Again

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Epam Systems Stock Fair Value – Epam Systems ($NYSE:EPAM) is a provider of software engineering and IT outsourcing services. The company is headquartered in Belarus and has offices in various countries around the world. Epam Systems is listed on the NASDAQ stock exchange. The company has a history of beating earnings estimates.

First, the company has a strong track record of beating estimates. Second, Epam Systems has been growing its revenue and profits at a rapid pace. Third, the company has a large base of loyal customers. Fourth, Epam Systems has a strong management team. Fifth, the company is investing heavily in research and development. Sixth, Epam Systems is expanding its operations into new markets. Seventh, the company is benefiting from the global shift to digitalization. Eighth, Epam Systems has a strong balance sheet with no debt.

Earnings

Epam Systems, a global provider of digital platform engineering and software development services, is set to beat earnings estimates again with its strong performance in the second quarter of fiscal year 2022. The company reported total revenue of 4462.5 million US dollars for the quarter, up 18.7% from the same period last year. Net income was 366.3 million US dollars, down 24.0% from the same period last year. The company’s strong performance in the second quarter is a continuation of this trend.

Epam Systems is well-positioned to continue its strong performance in the future, with a strong client base and a proven track record of delivering quality services. The company is expected to continue to grow at a rapid pace in the coming years, as it expands its services into new markets and continues to win new clients.

Market Price

The company has been consistently delivering strong results, and analysts expect this trend to continue. On Friday, Epam Systems stock opened at $350.0 and closed at $340.0, down by 4.6% from prior closing price of 356.3. Epam Systems is a leading provider of IT outsourcing and software development services.

The company has a strong track record of delivering high-quality services to its clients. Epam Systems is well-positioned to continue its growth momentum in the coming quarters.

VI Analysis – Epam Systems Stock Fair Value Calculator

EPAM Systems, Inc. is a leading global provider of digital platform engineering and software development services. The company’s fundamental indicators reflect its long-term potential. The intrinsic value of EPAM Systems’ share is around $511.8, calculated by VI Line.

This means that the stock is currently trading at a 34% discount to its intrinsic value. Therefore, we believe that EPAM Systems is a good investment opportunity at its current price.

Summary

Epam Systems Inc. is set to beat earnings estimates again for the fourth quarter in a row, according to analysts. The stock price moved down the same day, however, as investors took profits after a strong run-up in the stock. The company has been consistently beating earnings estimates for the past few quarters, as it benefits from strong demand for its IT services. Its stock price has more than doubled in the past year, making it one of the best-performing stocks in the market.

Despite the pullback, Epam remains a strong buy, as its long-term growth prospects remain intact. The company is well-positioned to benefit from the growing trend of digital transformation, as more companies move to adopt cloud-based solutions. Given its strong fundamentals, Epam is a stock that is worth considering for long-term investment.