Endava (NYSE:DAVA) Releases FY 2025 Earnings Guidance

Endava (NYSE:DAVA - Get Free Report) 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 Performance

DAVA traded down $2.24 during midday trading on Friday, reaching $26.06. The company had a trading volume of 1,032,625 shares, compared to its average volume of 377,374. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.90 and a current ratio of 1.90. The stock has a market cap of $1.54 billion, a PE ratio of 186.14, a P/E/G ratio of 2.44 and a beta of 1.22. Endava has a 12-month low of $23.28 and a 12-month high of $68.58. The business has a 50-day moving average price of $31.65 and a two-hundred day moving average price of $29.27.

Endava (NYSE:DAVA - Get Free Report) last released its earnings results on Thursday, February 20th. The company reported $0.14 earnings per share for the quarter, missing analysts' consensus estimates of $0.32 by ($0.18). The company had revenue of $250.63 million during the quarter, compared to analysts' expectations of $197.33 million. Endava had a net margin of 0.92% and a return on equity of 1.10%. On average, sell-side analysts expect that Endava will post 0.57 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on DAVA. Needham & Company LLC lowered their price target on shares of Endava from $43.00 to $38.00 and set a "buy" rating on the stock in a research report on Friday. Citigroup lowered their price target 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. Guggenheim lowered their price target 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. TD Cowen boosted their price target on shares of Endava from $35.00 to $36.00 and gave the company a "buy" rating in a research report on Wednesday, November 13th. Finally, Morgan Stanley boosted their price target 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. Four investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $39.10.

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.