Endava (NYSE:DAVA) Releases Earnings Results, Misses Estimates By $0.18 EPS

Endava (NYSE:DAVA) announced its quarterly earnings data on Thursday. The company reported $0.14 earnings per share for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.18), Zacks reports. The firm had revenue of $250.63 million for the quarter, compared to analysts’ expectations of $197.33 million. Endava had a net margin of 0.74% and a return on equity of 0.89%. 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 %

NYSE DAVA opened at $26.06 on Friday. The company has a quick ratio of 1.90, a current ratio of 1.90 and a debt-to-equity ratio of 0.21. Endava has a twelve month low of $23.28 and a twelve month high of $68.58. The firm has a market capitalization of $1.54 billion, a PE ratio of 236.91, a P/E/G ratio of 2.26 and a beta of 1.22. The stock’s 50 day moving average is $31.65 and its 200 day moving average is $29.27.

Wall Street Analyst Weigh In

A number of equities analysts have commented on DAVA shares. TD Cowen lifted their price target on Endava from $35.00 to $36.00 and gave the stock a “buy” rating in a research note on Wednesday, November 13th. Morgan Stanley lifted their price target on Endava from $33.00 to $35.00 and gave the stock an “equal weight” rating in a research note on Friday, January 31st. Bank of America started coverage on Endava in a research note on Friday, November 22nd. They issued a “neutral” rating and a $29.00 price target on the stock. Needham & Company LLC decreased their price target on Endava from $43.00 to $38.00 and set a “buy” rating on the stock in a research note on Friday. Finally, Citigroup decreased their price target on Endava from $30.00 to $27.00 and set a “neutral” rating on the stock in a research note on Monday, October 28th. Four research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat, the stock 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.