Endava (DAVA) Set to Announce Quarterly Earnings on Thursday

Endava (NYSE:DAVA) will post its quarterly earnings results before the market opens on Thursday, September 19th. Analysts expect Endava to post earnings of $0.29 per share for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

Endava Stock Down 4.4 %

NYSE DAVA opened at $31.97 on Tuesday. The company has a market capitalization of $1.85 billion, a price-to-earnings ratio of 35.52 and a beta of 1.22. The stock’s 50-day simple moving average is $30.70 and its two-hundred day simple moving average is $31.18. Endava has a twelve month low of $24.51 and a twelve month high of $81.06.

Analyst Upgrades and Downgrades

Several research firms have weighed in on DAVA. Guggenheim cut their price objective on Endava from $55.00 to $45.00 and set a “buy” rating on the stock in a research report on Monday. Wedbush cut their price objective on Endava from $65.00 to $50.00 and set an “outperform” rating for the company in a research report on Thursday, May 23rd. JPMorgan Chase & Co. lifted their price target on shares of 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 cut their price objective on shares of Endava from $50.00 to $42.00 and set a “buy” rating on the stock in a report on Friday, May 24th. Finally, TD Cowen dropped their price objective on shares of Endava from $46.00 to $42.00 and set a “buy” rating on the stock in a report on Friday, May 24th. Three investment 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 has a consensus rating of “Moderate Buy” and a consensus price target of $46.01.

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.