Endava (DAVA) to Release Earnings on Tuesday

Endava (NYSE:DAVA) is scheduled to be posting its quarterly earnings results before the market opens on Tuesday, November 12th. Analysts expect Endava to post 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.Individual that are interested in participating in the company’s earnings conference call can do so using this link.

Endava (NYSE:DAVA) last released its quarterly earnings data 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). The company had revenue of $245.30 million during the quarter, compared to the consensus estimate of $248.65 million. Endava had a net margin of 2.30% and a return on equity of 2.75%. 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

Shares of NYSE:DAVA opened at $26.37 on Friday. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.74 and a quick ratio of 1.74. The business’s fifty day moving average price is $26.87 and its two-hundred day moving average price is $28.55. Endava has a fifty-two week low of $23.28 and a fifty-two week high of $81.06. The stock has a market capitalization of $1.52 billion, a price-to-earnings ratio of 73.25 and a beta of 1.21.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on DAVA. Citigroup reduced their target price on Endava from $30.00 to $27.00 and set a “neutral” rating on the stock in a report on Monday, October 28th. Guggenheim reduced their price objective on Endava from $45.00 to $40.00 and set a “buy” rating on the stock in a research note on Wednesday. Needham & Company LLC decreased their target price on Endava from $42.00 to $33.00 and set a “buy” rating on the stock in a report on Friday, September 20th. JPMorgan Chase & Co. lifted their price target on Endava from $41.00 to $47.00 and gave the company an “overweight” rating in a report on Friday, September 6th. Finally, Susquehanna decreased their price objective on shares of Endava from $66.00 to $55.00 and set a “positive” rating on the stock in a report on Friday, September 20th. Three analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to MarketBeat.com, Endava has an average rating of “Moderate Buy” and a consensus target price of $41.21.

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.