Endava (DAVA) to Release Quarterly Earnings on Thursday

Endava (NYSE:DAVA) will likely be issuing its quarterly earnings data before the market opens on Thursday, March 6th. Analysts expect the company to announce earnings of $0.31 per share for the quarter. Endava has set its FY 2025 guidance at 1.540-1.580 EPS and its Q3 2025 guidance at 0.400-0.410 EPS.Individual that wish to register for the company’s earnings conference call can do so using this link.

Endava (NYSE:DAVA) last released its quarterly earnings results on Thursday, February 20th. The company reported $0.14 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.18). The firm had revenue of $250.63 million during the quarter, compared to analysts’ expectations of $197.33 million. Endava had a return on equity of 0.89% and a net margin of 0.74%. On average, analysts expect Endava to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Endava Stock Performance

DAVA stock opened at $23.72 on Tuesday. The company has a market cap of $1.40 billion, a P/E ratio of 215.64, a price-to-earnings-growth ratio of 2.26 and a beta of 1.22. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.90 and a quick ratio of 1.90. The stock’s fifty day moving average price is $31.08 and its 200-day moving average price is $29.13. Endava has a 1 year low of $23.28 and a 1 year high of $40.65.

Analyst Ratings Changes

Several research firms recently weighed in on DAVA. TD Cowen lifted their target price on Endava from $35.00 to $36.00 and gave the company a “buy” rating in a research report on Wednesday, November 13th. Guggenheim lowered their target price on Endava from $45.00 to $40.00 and set a “buy” rating on the stock in a research report on Wednesday, November 6th. Needham & Company LLC lowered their target price on Endava from $43.00 to $38.00 and set a “buy” rating on the stock in a research report on Friday, February 21st. Susquehanna lowered their target price on Endava from $55.00 to $50.00 and set a “positive” rating on the stock in a research report on Friday, February 21st. Finally, Bank of America began coverage on Endava in a research report on Friday, November 22nd. They set a “neutral” rating and a $29.00 target price on the stock. Four investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $39.10.

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.