EPAM Systems stock saw an improvement in its IBD SmartSelect Composite Rating Tuesday, from 91 to 96. The IT services stock has 92 Relative Strength Rating.
The revised score means the stock currently tops 96% of all other stocks in terms of key performance metrics and technical strength. History shows the top market performers tend to have a 95 or higher score as they launch their major moves.
EPAM Systems stock is not currently near a proper buy point. See if the stock goes on to form a new base and offer a new buying opportunity.
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The stock sports a 97 EPS Rating, meaning its recent quarterly and annual earnings growth is outpacing 97% of all stocks.
Its Accumulation/Distribution Rating of A- shows heavy buying by institutional investors over the last 13 weeks.
In Q2, the IT services company posted 16% EPS growth. Revenue growth fell to 36%, down from 50% in the previous quarter.
EPAM Systems stock earns the No. 3 rank among its peers in the Computer-Technical Services industry group. RCM Technologies is the top-ranked stock within the group.
