Endava (NYSE:DAVA) Posts Quarterly Earnings Results, Misses Expectations By $0.18 EPS

Endava (NYSE:DAVA) released its quarterly earnings results on Thursday. The company reported $0.14 earnings per share for the quarter, missing the consensus estimate of $0.32 by ($0.18), Zacks reports. 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. Endava updated its FY 2025 guidance to 1.540-1.580 EPS and its Q3 2025 guidance to 0.400-0.410 EPS.

Endava Trading Down 7.9 %

Shares of NYSE:DAVA opened at $26.06 on Friday. The company has a market cap of $1.54 billion, a P/E ratio of 236.91, a PEG ratio of 2.26 and a beta of 1.22. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.90 and a quick ratio of 1.90. Endava has a 1 year low of $23.28 and a 1 year high of $68.58. The stock’s fifty day moving average price is $31.65 and its 200-day moving average price is $29.27.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on DAVA. Susquehanna dropped their price target on Endava from $55.00 to $50.00 and set a “positive” rating on the stock in a research report on Friday. Citigroup dropped their target price on Endava from $30.00 to $27.00 and set a “neutral” rating on the stock in a report on Monday, October 28th. Guggenheim dropped their target price on Endava from $45.00 to $40.00 and set a “buy” rating on the stock in a report on Wednesday, November 6th. TD Cowen boosted their target price on Endava from $35.00 to $36.00 and gave the stock a “buy” rating in a report on Wednesday, November 13th. Finally, Bank of America started coverage on Endava in a report on Friday, November 22nd. They issued a “neutral” rating and a $29.00 target price on the stock. Four 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, the stock currently has a consensus rating of “Moderate Buy” and a consensus 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.