Endava (NYSE:DAVA) Announces Quarterly Earnings Results

Endava (NYSE:DAVA) released its quarterly earnings data on Thursday. The company reported $0.14 earnings per share for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.18), Zacks reports. Endava had a net margin of 0.92% and a return on equity of 1.10%. Endava updated its FY 2025 guidance to 1.540-1.580 EPS and its Q3 2025 guidance to 0.400-0.410 EPS.

Endava Stock Performance

DAVA stock traded down $1.56 during trading on Thursday, reaching $28.95. The stock had a trading volume of 807,253 shares, compared to its average volume of 341,909. Endava has a 52 week low of $23.28 and a 52 week high of $68.58. The firm has a market cap of $1.71 billion, a PE ratio of 206.93, a PEG ratio of 2.62 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 stock’s 50 day moving average is $31.77 and its two-hundred day moving average is $29.31.

Analyst Upgrades and Downgrades

A number of analysts have commented on DAVA shares. Citigroup decreased their price objective on Endava from $30.00 to $27.00 and set a “neutral” rating for the company in a report on Monday, October 28th. Needham & Company LLC increased their price target on Endava from $36.00 to $43.00 and gave the company a “buy” rating in a research report on Friday, January 10th. Bank of America began coverage on Endava in a research note on Friday, November 22nd. They set a “neutral” rating and a $29.00 price objective on the stock. Guggenheim decreased their price objective on Endava from $45.00 to $40.00 and set a “buy” rating for the company in a report on Wednesday, November 6th. Finally, Morgan Stanley increased their price objective on Endava from $33.00 to $35.00 and gave the company an “equal weight” rating in a research report on Friday, January 31st. Four equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus 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.