Endava (DAVA) Set to Announce Earnings on Wednesday

Endava (NYSE:DAVA) will post its quarterly earnings results before the market opens on Wednesday, May 19th. Analysts expect Endava to post earnings of $0.25 per share for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.

Endava (NYSE:DAVA) last posted its earnings results on Tuesday, February 16th. The company reported $29.00 earnings per share for the quarter, topping analysts’ consensus estimates of $0.23 by $28.77. Endava had a return on equity of 6.07% and a net margin of 3.70%. The firm had revenue of $139.01 million for the quarter, compared to the consensus estimate of $136.41 million. On average, analysts expect Endava to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

DAVA stock opened at $90.00 on Tuesday. Endava has a fifty-two week low of $43.52 and a fifty-two week high of $94.95. The business’s 50 day moving average price is $86.78 and its two-hundred day moving average price is $79.48. The company has a market capitalization of $4.77 billion, a price-to-earnings ratio of 300.00, a price-to-earnings-growth ratio of 3.59 and a beta of 0.93.

A number of research analysts have weighed in on the company. Deutsche Bank Aktiengesellschaft upped their target price on Endava from $68.00 to $84.00 and gave the stock a “hold” rating in a report on Thursday, February 25th. Morgan Stanley boosted their price target on Endava from $85.00 to $93.00 and gave the stock an “equal weight” rating in a research report on Tuesday, March 9th. Cowen boosted their price target on Endava from $79.00 to $90.00 and gave the stock an “outperform” rating in a research report on Tuesday, January 19th. Credit Suisse Group boosted their price target on Endava from $68.00 to $80.00 and gave the stock a “neutral” rating in a research report on Thursday, February 18th. Finally, Zacks Investment Research cut Endava from a “hold” rating to a “sell” rating in a research report on Monday, February 15th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and five have assigned a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $75.11.

Endava Company Profile

Endava plc provides technology services for clients in the consumer products, healthcare, logistics, and retail verticals in Europe, Latin America, and North America. It offers technology and digital advisory services for financial services, healthcare, manufacturing, retail and consumer, business and support services, and TMT sectors; IT strategies; business analysis services in payments, financial services, asset and wealth management, insurance, telecommunications, and digital media areas; program management services; digital product strategy services; and architecture, extended reality, machine learning and artificial intelligence, product design, and user experience and visual design services.

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Earnings History for Endava (NYSE:DAVA)

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