Endava (NYSE:DAVA) Releases FY 2025 Earnings Guidance

Endava (NYSE:DAVA - Get Free Report) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided EPS guidance of 1.460-1.521 for the period, compared to the consensus EPS estimate of 1.460. The company issued revenue guidance of $1.0 billion-$1.1 billion, compared to the consensus revenue estimate of $1.0 billion. Endava also updated its Q2 2025 guidance to 0.310-0.325 EPS.

Endava Trading Up 3.5 %

NYSE DAVA traded up $1.00 during trading on Tuesday, hitting $29.50. The company had a trading volume of 1,542,474 shares, compared to its average volume of 538,159. Endava has a one year low of $23.28 and a one year high of $81.06. The company has a market cap of $1.70 billion, a price-to-earnings ratio of 88.75 and a beta of 1.21. The company's fifty day moving average is $26.87 and its 200-day moving average is $28.54. The company has a current ratio of 1.74, a quick ratio of 1.74 and a debt-to-equity ratio of 0.23.

Endava (NYSE:DAVA - Get Free Report) last released its earnings results on Thursday, September 19th. The company reported ($0.04) earnings per share for the quarter, missing the consensus estimate of $0.09 by ($0.13). Endava had a net margin of 2.30% and a return on equity of 2.75%. The company had revenue of $245.30 million for the quarter, compared to analysts' expectations of $248.65 million. On average, sell-side analysts predict that Endava will post 0.77 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on DAVA shares. JPMorgan Chase & Co. lifted their price objective on Endava from $41.00 to $47.00 and gave the company an "overweight" rating in a research note on Friday, September 6th. Needham & Company LLC reduced their target price on shares of Endava from $42.00 to $33.00 and set a "buy" rating on the stock in a report on Friday, September 20th. Susquehanna reduced their price objective on shares of Endava from $66.00 to $55.00 and set a "positive" rating for the company in a research report on Friday, September 20th. Citigroup reduced their target price on shares of Endava from $30.00 to $27.00 and set a "neutral" rating for the company in a research note on Monday, October 28th. Finally, Guggenheim cut their price target on Endava from $45.00 to $40.00 and set a "buy" rating for the company in a research note on Wednesday, November 6th. Three equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company's stock. According to MarketBeat, Endava presently has an average rating of "Moderate Buy" and a consensus price target of $41.21.

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.