Endava (DAVA) to Release Earnings on Thursday

Endava (NYSE:DAVA) is expected to be issuing its quarterly earnings data before the market opens on Thursday, February 20th. Analysts expect the company to announce earnings of $0.32 per share and revenue of $197.33 million for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.

Endava Trading Down 0.2 %

Shares of DAVA opened at $33.73 on Thursday. Endava has a twelve month low of $23.28 and a twelve month high of $69.64. The company has a market cap of $1.99 billion, a P/E ratio of 240.93, a P/E/G ratio of 2.69 and a beta of 1.22. The company has a current ratio of 1.90, a quick ratio of 1.90 and a debt-to-equity ratio of 0.21. The company’s fifty day simple moving average is $31.42 and its 200-day simple moving average is $29.23.

Wall Street Analysts Forecast Growth

DAVA has been the topic of several recent analyst reports. Bank of America initiated coverage on shares of Endava in a research note on Friday, November 22nd. They issued a “neutral” rating and a $29.00 target price on the stock. Morgan Stanley upped their price target on shares of Endava from $33.00 to $35.00 and gave the stock an “equal weight” rating in a report on Friday, January 31st. Guggenheim cut their price target on shares of Endava from $45.00 to $40.00 and set a “buy” rating on the stock in a report on Wednesday, November 6th. Citigroup cut their price target on shares of Endava from $30.00 to $27.00 and set a “neutral” rating on the stock in a report on Monday, October 28th. Finally, Needham & Company LLC upped their price target on shares of Endava from $36.00 to $43.00 and gave the stock a “buy” rating in a report on Friday, January 10th. Four research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat, Endava has a consensus rating of “Moderate Buy” and an average price target of $40.01.

About Endava

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.