Endava (DAVA) Expected to Announce Earnings on Thursday

Endava (NYSE:DAVA) will likely be issuing its quarterly earnings data before the market opens on Thursday, February 20th. Analysts expect the company to announce earnings of $0.32 per share and revenue of $197.33 million for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

Endava Stock Performance

Shares of DAVA opened at $34.18 on Tuesday. Endava has a one year low of $23.28 and a one year high of $69.00. The company has a 50-day moving average of $31.71 and a two-hundred day moving average of $29.27. The stock has a market cap of $2.02 billion, a price-to-earnings ratio of 244.16, a PEG ratio of 2.69 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.

Analysts Set New Price Targets

Several analysts recently commented on DAVA shares. 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 target for the company. Citigroup decreased their price target on shares of Endava from $30.00 to $27.00 and set a “neutral” rating for the company in a report on Monday, October 28th. Guggenheim decreased their price target on shares of Endava from $45.00 to $40.00 and set a “buy” rating for the company in a report on Wednesday, November 6th. TD Cowen raised their price target on shares of Endava from $35.00 to $36.00 and gave the stock a “buy” rating in a report on Wednesday, November 13th. Finally, Needham & Company LLC raised their price target on shares of Endava from $36.00 to $43.00 and gave the stock a “buy” rating in a report on Friday, January 10th. Four investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $40.01.

About Endava

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.