Endava (NYSE:DAVA) Issues FY 2025 Earnings Guidance

Endava (NYSE:DAVA) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided EPS guidance of 1.540-1.580 for the period, compared to the consensus EPS estimate of 1.140. The company issued revenue guidance of $1.0 billion-$1.0 billion, compared to the consensus revenue estimate of $805.3 million. Endava also updated its Q3 2025 guidance to 0.400-0.410 EPS.

Endava Stock Down 4.8 %

NYSE:DAVA traded down $1.47 during mid-day trading on Thursday, hitting $29.04. The stock had a trading volume of 790,405 shares, compared to its average volume of 341,909. The stock has a 50-day simple moving average of $31.77 and a two-hundred day simple moving average of $29.31. The company has a market capitalization of $1.71 billion, a PE ratio of 210.76, a PEG ratio of 2.62 and a beta of 1.22. Endava has a twelve month low of $23.28 and a twelve month high of $68.58. The company has a current ratio of 1.90, a quick ratio of 1.90 and a debt-to-equity ratio of 0.21.

Endava (NYSE:DAVA) last issued its earnings results on Thursday, February 20th. The company reported $0.14 earnings per share for the quarter, missing the consensus estimate of $0.32 by ($0.18). Endava had a net margin of 0.92% and a return on equity of 1.10%. On average, equities research analysts anticipate that Endava will post 0.57 EPS for the current year.

Wall Street Analyst Weigh In

Several analysts recently weighed in on DAVA shares. Guggenheim reduced their target price on shares of Endava from $45.00 to $40.00 and set a “buy” rating on the stock in a report on Wednesday, November 6th. Bank of America started coverage on shares of Endava in a report on Friday, November 22nd. They set a “neutral” rating and a $29.00 price objective on the stock. Needham & Company LLC raised their price objective on shares of Endava from $36.00 to $43.00 and gave the stock a “buy” rating in a report on Friday, January 10th. Citigroup cut their price objective on shares of Endava from $30.00 to $27.00 and set a “neutral” rating on the stock in a report on Monday, October 28th. Finally, Morgan Stanley raised their price objective on shares of Endava from $33.00 to $35.00 and gave the stock an “equal weight” rating in a report on Friday, January 31st. Four analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat, Endava has a consensus rating of “Moderate Buy” and an average 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.