Endava (NYSE:DAVA) Releases FY 2025 Earnings Guidance

Endava (NYSE:DAVA) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 1.460-1.521 for the period, compared to the consensus earnings per share estimate of 1.460. The company issued revenue guidance of $1.0 billion-$1.1 billion, compared to the consensus revenue estimate of $1.0 billion. Endava also updated its Q2 2025 guidance to 0.310-0.325 EPS.

Endava Stock Up 8.1 %

DAVA stock opened at $28.50 on Tuesday. 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 stock has a market capitalization of $1.65 billion, a P/E ratio of 79.17 and a beta of 1.21. Endava has a fifty-two week low of $23.28 and a fifty-two week high of $81.06. The business has a 50-day moving average of $26.87 and a 200-day moving average of $28.54.

Endava (NYSE:DAVA) last issued its quarterly earnings results on Thursday, September 19th. The company reported ($0.04) EPS for the quarter, missing the consensus estimate of $0.09 by ($0.13). The company had revenue of $245.30 million for the quarter, compared to analyst estimates of $248.65 million. Endava had a net margin of 2.30% and a return on equity of 2.75%. On average, sell-side analysts anticipate that Endava will post 0.77 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on DAVA. Citigroup decreased their price target 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. Susquehanna reduced their price target on Endava from $66.00 to $55.00 and set a “positive” rating for the company in a research note on Friday, September 20th. JPMorgan Chase & Co. increased their price objective on Endava from $41.00 to $47.00 and gave the stock an “overweight” rating in a research report on Friday, September 6th. Needham & Company LLC dropped their target price on Endava from $42.00 to $33.00 and set a “buy” rating for the company in a report on Friday, September 20th. Finally, Guggenheim decreased their price target on shares of Endava from $45.00 to $40.00 and set a “buy” rating on the stock in a research note on Wednesday, November 6th. Three analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat.com, Endava presently has an average rating of “Moderate Buy” and an average price target 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.