Endava plc (NYSE:DAVA – Get Free Report) has received a consensus rating of “Moderate Buy” from the ten brokerages that are presently covering the company, MarketBeat.com reports. Three analysts have rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average 12 month price target among brokers that have covered the stock in the last year is $42.31.
DAVA has been the topic of several research reports. JPMorgan Chase & Co. upped their price objective on Endava from $41.00 to $47.00 and gave the stock an “overweight” rating in a report on Friday, September 6th. Susquehanna cut their price target on Endava from $66.00 to $55.00 and set a “positive” rating on the stock in a research note on Friday, September 20th. Needham & Company LLC lowered their price objective on Endava from $42.00 to $33.00 and set a “buy” rating for the company in a research report on Friday, September 20th. Finally, Guggenheim dropped their price objective on Endava from $55.00 to $45.00 and set a “buy” rating for the company in a report on Monday, September 16th.
Check Out Our Latest Research Report on Endava
Hedge Funds Weigh In On Endava
Endava Trading Down 0.7 %
Shares of Endava stock opened at $24.82 on Friday. The stock has a market capitalization of $1.43 billion, a P/E ratio of 27.58 and a beta of 1.21. The company has a quick ratio of 1.74, a current ratio of 1.74 and a debt-to-equity ratio of 0.23. Endava has a 12-month low of $23.28 and a 12-month high of $81.06. The company has a 50-day simple moving average of $28.16 and a 200 day simple moving average of $28.99.
Endava (NYSE:DAVA – Get Free Report) last released its quarterly earnings results on Thursday, September 19th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.13). Endava had a net margin of 2.30% and a return on equity of 2.76%. The business had revenue of $245.30 million during the quarter, compared to the consensus estimate of $248.65 million. Research analysts expect that Endava will post 0.77 earnings per share for the current fiscal year.
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.
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