Endava (NYSE:DAVA - Get Free Report) is expected to be announcing its earnings results 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. Investors that wish to register for the company's conference call can do so using this link.
Endava Stock Down 0.9 %
DAVA stock traded down $0.31 during trading on Friday, hitting $34.18. 211,635 shares of the stock traded hands, compared to its average volume of 257,039. Endava has a 1 year low of $23.28 and a 1 year high of $69.00. The firm's 50 day moving average is $31.62 and its two-hundred day moving average is $29.25. The stock has a market cap of $2.02 billion, a price-to-earnings ratio of 244.16, a price-to-earnings-growth 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.
Wall Street Analysts Forecast Growth
Several brokerages recently commented on DAVA. Needham & Company LLC increased their price objective on shares of Endava from $36.00 to $43.00 and gave the company a "buy" rating in a research report on Friday, January 10th. Bank of America began coverage on shares of Endava in a research report on Friday, November 22nd. They set a "neutral" rating and a $29.00 price objective on the stock. Guggenheim cut their price objective on shares of Endava from $45.00 to $40.00 and set a "buy" rating on the stock in a research report on Wednesday, November 6th. Morgan Stanley increased their price objective on shares of Endava from $33.00 to $35.00 and gave the company an "equal weight" rating in a research report on Friday, January 31st. Finally, 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 research report on Monday, October 28th. Four equities 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, Endava has an average rating of "Moderate Buy" and a consensus target price of $40.01.
Check Out Our Latest Stock Report on DAVA
About Endava
(
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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.
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