Endava (DAVA) to Release Quarterly Earnings on Thursday

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

Endava Price Performance

DAVA opened at $32.83 on Wednesday. The stock has a fifty day moving average of $31.71 and a 200-day moving average of $29.27. The firm has a market capitalization of $1.94 billion, a P/E ratio of 234.50, a PEG ratio of 2.69 and a beta of 1.22. Endava has a 12-month low of $23.28 and a 12-month high of $68.58. The company has a quick ratio of 1.90, a current ratio of 1.90 and a debt-to-equity ratio of 0.21.

Wall Street Analyst Weigh In

DAVA has been the subject of a number of research analyst reports. Bank of America initiated coverage on Endava in a report on Friday, November 22nd. They issued a “neutral” rating and a $29.00 target price for the company. Morgan Stanley increased their target price on Endava from $33.00 to $35.00 and gave the company an “equal weight” rating in a report on Friday, January 31st. Needham & Company LLC increased their target price on Endava from $36.00 to $43.00 and gave the company a “buy” rating in a report on Friday, January 10th. TD Cowen increased their target price on Endava from $35.00 to $36.00 and gave the company a “buy” rating in a report on Wednesday, November 13th. Finally, Guggenheim reduced their target price on Endava from $45.00 to $40.00 and set a “buy” rating for the company in a report on Wednesday, November 6th. Four investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat, the company 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.