Endava (DAVA) Expected to Announce Earnings on Thursday

Endava (NYSE:DAVA) is projected to release its earnings data before the market opens on Thursday, February 20th. Analysts expect Endava to post earnings of $0.32 per share and revenue of $197.33 million for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.

Endava Trading Down 0.9 %

NYSE DAVA opened at $34.18 on Tuesday. Endava has a 12 month low of $23.28 and a 12 month high of $69.00. 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 company has a market capitalization of $2.02 billion, a price-to-earnings ratio of 244.16, a price-to-earnings-growth ratio of 2.69 and a beta of 1.22. The company’s fifty day moving average price is $31.71 and its two-hundred day moving average price is $29.27.

Analysts Set New Price Targets

A number of research firms have commented on DAVA. Citigroup reduced their price objective on shares of Endava from $30.00 to $27.00 and set a “neutral” rating on the stock in a research note on Monday, October 28th. TD Cowen raised their price target on shares of Endava from $35.00 to $36.00 and gave the stock a “buy” rating in a research report on Wednesday, November 13th. Morgan Stanley raised their price target on shares of Endava from $33.00 to $35.00 and gave the stock an “equal weight” rating in a research report on Friday, January 31st. Bank of America initiated coverage on shares of Endava in a research report on Friday, November 22nd. They issued a “neutral” rating and a $29.00 price target on the stock. Finally, Guggenheim dropped their price objective 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. Four equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat, Endava currently has a consensus rating of “Moderate Buy” and an average price target of $40.01.

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.