Endava (DAVA) Expected to Announce Earnings on Thursday

Endava (NYSE:DAVA) is expected to 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.Persons interested in listening to the company’s earnings conference call can do so using this link.

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

Endava Trading Down 2.0 %

NYSE:DAVA opened at $23.22 on Wednesday. The company has a fifty day moving average of $30.93 and a 200 day moving average of $29.09. Endava has a 52 week low of $23.02 and a 52 week high of $40.65. The company has a quick ratio of 1.90, a current ratio of 1.90 and a debt-to-equity ratio of 0.21. The firm has a market capitalization of $1.37 billion, a P/E ratio of 211.06, a P/E/G ratio of 2.26 and a beta of 1.22.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on DAVA. Guggenheim lowered their price target on shares of Endava from $45.00 to $40.00 and set a “buy” rating for the company in a report on Wednesday, November 6th. Bank of America began coverage on shares of Endava in a report on Friday, November 22nd. They issued a “neutral” rating and a $29.00 price objective for the company. Morgan Stanley upped their price objective 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. TD Cowen upped their price objective on shares of Endava from $35.00 to $36.00 and gave the stock a “buy” rating in a report on Wednesday, November 13th. Finally, Susquehanna decreased their price objective on shares of Endava from $55.00 to $50.00 and set a “positive” rating for the company in a report on Friday, February 21st. Four equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat, Endava currently has an average rating of “Moderate Buy” and an average target price 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.