U.S. markets close in 3 hours 27 minutes
  • S&P 500

    4,127.87
    -36.13 (-0.87%)
     
  • Dow 30

    34,022.53
    -134.16 (-0.39%)
     
  • Nasdaq

    11,954.43
    -159.35 (-1.32%)
     
  • Russell 2000

    1,948.56
    -24.05 (-1.22%)
     
  • Crude Oil

    77.89
    +0.75 (+0.97%)
     
  • Gold

    1,889.10
    +4.30 (+0.23%)
     
  • Silver

    22.42
    +0.24 (+1.10%)
     
  • EUR/USD

    1.0740
    +0.0009 (+0.09%)
     
  • 10-Yr Bond

    3.6620
    -0.0120 (-0.33%)
     
  • GBP/USD

    1.2094
    +0.0042 (+0.35%)
     
  • USD/JPY

    131.2100
    +0.1380 (+0.11%)
     
  • BTC-USD

    23,010.95
    +91.35 (+0.40%)
     
  • CMC Crypto 200

    530.37
    -6.52 (-1.21%)
     
  • FTSE 100

    7,885.17
    +20.46 (+0.26%)
     
  • Nikkei 225

    27,606.46
    -79.01 (-0.29%)
     

Here's Why Epam (EPAM) is a Strong Growth Stock

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors alike.

Many investors also have a go-to methodology that helps guide their buy and sell decisions. One way to find winning stocks based on your preferred way of investing is to use the Zacks Style Scores, which are indicators that rate stocks based on three widely-followed investing types: value, growth, and momentum.

Why This 1 Growth Stock Should Be On Your Watchlist

Different than value or momentum investors, growth-oriented investors are concerned with a stock's future prospects, and the overall financial health and strength of a company. Thus, they'll want to focus on the Growth Style Score, which analyzes characteristics like projected and historical earnings, sales, and cash flow to find stocks that will see sustainable growth over time.

Epam (EPAM)

Headquartered at Newtown, PA, EPAM Systems, Inc. is well known for its software engineering and IT consulting services.

EPAM boasts a Growth Style Score of A and VGM Score of B, and holds a Zacks Rank #3 (Hold) rating. Its bottom-line is projected to rise 17.7% year-over-year for 2022, while Wall Street anticipates its top line to improve by 28.3%.

Three analysts revised their earnings estimate upwards in the last 60 days for fiscal 2022. The Zacks Consensus Estimate has increased $0.12 to $10.65 per share. EPAM boasts an average earnings surprise of 26.6%.

On a historic basis, Epam has generated cash flow growth of 32.1%, and is expected to report cash flow expansion of 46.3% this year.

Investors should take the time to consider EPAM for their portfolios due to its solid Zacks Rank rating, notable growth metrics, and impressive Growth and VGM Style Scores.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

EPAM Systems, Inc. (EPAM) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research