Endava (DAVA) Scheduled to Post Quarterly Earnings on Tuesday

Endava (NYSE:DAVA) will issue its quarterly earnings data before the market opens on Tuesday, November 12th. Analysts expect the company to announce earnings of $0.29 per share for the quarter. Endava has set its Q1 2025 guidance at 0.260-0.280 EPS and its FY 2025 guidance at 1.410-1.480 EPS.Parties interested in listening to the company’s conference call can do so using this link.

Endava (NYSE:DAVA) last announced its quarterly earnings results on Thursday, September 19th. The company reported ($0.04) earnings per share for the quarter, missing the consensus estimate of $0.09 by ($0.13). Endava had a net margin of 2.30% and a return on equity of 2.75%. The business had revenue of $245.30 million during the quarter, compared to the consensus estimate of $248.65 million. On average, analysts expect Endava to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Endava Stock Down 1.8 %

NYSE DAVA traded down $0.42 during trading hours on Tuesday, hitting $23.55. The company’s stock had a trading volume of 131,071 shares, compared to its average volume of 527,979. Endava has a 52 week low of $23.28 and a 52 week high of $81.06. The company has a market capitalization of $1.36 billion, a PE ratio of 66.58 and a beta of 1.21. The company has a current ratio of 1.74, a quick ratio of 1.74 and a debt-to-equity ratio of 0.23. The company’s 50-day simple moving average is $27.42 and its two-hundred day simple moving average is $28.68.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on DAVA shares. Susquehanna dropped their target price on shares of Endava from $66.00 to $55.00 and set a “positive” rating on the stock in a research report on Friday, September 20th. Needham & Company LLC dropped their target price on shares of Endava from $42.00 to $33.00 and set a “buy” rating on the stock in a research report on Friday, September 20th. Citigroup dropped their target price on shares of Endava from $30.00 to $27.00 and set a “neutral” rating on the stock in a research report on Monday, October 28th. JPMorgan Chase & Co. lifted their target price on shares of Endava from $41.00 to $47.00 and gave the stock an “overweight” rating in a research report on Friday, September 6th. Finally, Guggenheim dropped their target price on shares of Endava from $55.00 to $45.00 and set a “buy” rating on the stock in a research report on Monday, September 16th. Three investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to MarketBeat, Endava presently has an average rating of “Moderate Buy” and a consensus price target of $41.71.

Endava Company Profile

Endava plc provides technology services for clients in the consumer products, healthcare, mobility, and retail verticals in North America, Europe, the United Kingdom, and internationally. It offers ideation and production services in the payments and financial services, telecommunications, media, and technology verticals; and business analysis, data analytics, program management, digital product strategy, private equity value enhancement, IT strategy, architecture, extended reality, machine learning and artificial intelligence, product design, and user experience and visual design services.