NYSE:DAVA Endava (DAVA) Stock Forecast, Price & News $49.75 +0.95 (+1.95%) (As of 06/1/2023 ET) Add Compare Share Share Today's Range$48.30▼$50.0050-Day Range$48.49▼$67.1852-Week Range$48.09▼$115.86Volume272,650 shsAverage Volume307,054 shsMarket Capitalization$2.82 billionP/E Ratio24.15Dividend YieldN/APrice Target$87.75 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Endava MarketRank™ ForecastAnalyst RatingModerate Buy2.88 Rating ScoreUpside/Downside76.4% Upside$87.75 Price TargetShort InterestBearish2.48% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.01Based on 7 Articles This WeekInsider TradingN/AProj. Earnings Growth21.74%From $1.84 to $2.24 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.50 out of 5 starsComputer And Technology Sector285th out of 1,226 stocksCustom Computer Programming Services Industry13th out of 54 stocks 3.4 Analyst's Opinion Consensus RatingEndava has received a consensus rating of Buy. The company's average rating score is 2.88, and is based on 7 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $87.75, Endava has a forecasted upside of 76.4% from its current price of $49.75.Amount of Analyst CoverageEndava has only been the subject of 1 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted2.48% of the outstanding shares of Endava have been sold short.Short Interest Ratio / Days to CoverEndava has a short interest ratio ("days to cover") of 5.2.Change versus previous monthShort interest in Endava has recently increased by 1.44%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldEndava does not currently pay a dividend.Dividend GrowthEndava does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for DAVA. Previous Next 2.2 News and Social Media Coverage News SentimentEndava has a news sentiment score of 0.01. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.44 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Endava this week, compared to 3 articles on an average week.Search InterestOnly 16 people have searched for DAVA on MarketBeat in the last 30 days. This is a decrease of -54% compared to the previous 30 days.MarketBeat Follows6 people have added Endava to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Endava insiders have not sold or bought any company stock.Percentage Held by Insiders18.77% of the stock of Endava is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions52.15% of the stock of Endava is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Endava are expected to grow by 21.74% in the coming year, from $1.84 to $2.24 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Endava is 24.15, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.63.Price to Earnings Ratio vs. SectorThe P/E ratio of Endava is 24.15, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 309.19.Price to Book Value per Share RatioEndava has a P/B Ratio of 4.32. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Endava (NYSE:DAVA) StockEndava Plc engages in the provision of technology services. It focuses on finance, insurance, telecommunications, media, and retail companies. The company was founded by John Edward Cotterell in 2000 and is headquartered in London, the United Kingdom.Read More Receive DAVA Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Endava and its competitors with MarketBeat's FREE daily newsletter. Email Address DAVA Stock News HeadlinesJune 1, 2023 | msn.comEndava Management Is Cautious About Growth And HeadcountMay 31, 2023 | finance.yahoo.comEndava plc (NYSE:DAVA) Analysts Just Slashed Next Year's Revenue Estimates By 11%June 2, 2023 | Edge On The Street (Ad)How to Invest in AI's Fast-Growing MarketThe AI market stands at $160 billion in 2023. Estimates are the AI market will grow 20-fold to $1.8 TRILLION by 2030. One little-known company is looking to win big with a new network technology no one else has. AI could explode... and soon.May 29, 2023 | americanbankingnews.comEndava (NYSE:DAVA) Releases Q4 2023 Earnings GuidanceMay 26, 2023 | americanbankingnews.comEndava (NYSE:DAVA) Price Target Cut to $104.00 by Analysts at SusquehannaMay 26, 2023 | americanbankingnews.comDeutsche Bank Aktiengesellschaft Lowers Endava (NYSE:DAVA) Price Target to $53.00May 25, 2023 | seekingalpha.comEndava Non-GAAP EPS of £0.59, revenue of £203.5MMay 25, 2023 | finance.yahoo.comWhat Does Endava plc's (NYSE:DAVA) Share Price Indicate?June 2, 2023 | Edge On The Street (Ad)How to Invest in AI's Fast-Growing MarketThe AI market stands at $160 billion in 2023. Estimates are the AI market will grow 20-fold to $1.8 TRILLION by 2030. One little-known company is looking to win big with a new network technology no one else has. AI could explode... and soon.May 25, 2023 | msn.comDeutsche Bank Maintains Endava plc - ADR (DAVA) Hold RecommendationMay 25, 2023 | msn.comNeedham Maintains Endava plc - ADR (DAVA) Buy RecommendationMay 25, 2023 | msn.comSusquehanna Maintains Endava plc - ADR (DAVA) Positive RecommendationMay 25, 2023 | finance.yahoo.com2 Top-Rated Foreign Tech Stocks to Buy After EarningsMay 24, 2023 | msn.comDigital Transformation Services Demand: Endava's Outlook Amid Ongoing US Banking CrisisMay 24, 2023 | markets.businessinsider.com7 Analysts Have This to Say About EndavaMay 24, 2023 | benzinga.comEndava shares are trading lower after multiple firms lowered their respective price target following mixed Q3 financial results.May 24, 2023 | americanbankingnews.comEndava (NYSE:DAVA) Given New $70.00 Price Target at Morgan StanleyMay 24, 2023 | finance.yahoo.comQ3 2023 Endava PLC Earnings CallMay 23, 2023 | benzinga.comEndava shares are trading lower after the company reported mixed Q3 financial results and issued guidance.May 23, 2023 | finance.yahoo.comEndava Announces Third Quarter Fiscal Year 2023 ResultsMay 23, 2023 | finance.yahoo.comEndava PLC Sponsored ADR (DAVA) Q3 Earnings and Revenues Beat EstimatesMay 23, 2023 | americanbankingnews.comEndava (NYSE:DAVA) Releases Q4 Earnings GuidanceMay 22, 2023 | msn.comEarnings Outlook For EndavaMay 21, 2023 | markets.businessinsider.comAnalysts Offer Insights on Technology Companies: Marvell (MRVL), Endava (DAVA) and Bill.com Holdings (BILL)May 21, 2023 | americanbankingnews.comEndava (DAVA) Set to Announce Quarterly Earnings on TuesdayMay 20, 2023 | americanbankingnews.comEndava plc (NYSE:DAVA) Receives Consensus Recommendation of "Moderate Buy" from AnalystsMay 19, 2023 | msn.comMorgan Stanley Maintains Endava plc - ADR (DAVA) Overweight RecommendationSee More Headlines DAVA Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart DAVA Company Calendar Last Earnings11/15/2021Today6/01/2023Fiscal Year End6/30/2023Next Earnings (Estimated)9/26/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Custom computer programming services Sub-IndustryN/A SectorComputer and Technology Current SymbolNYSE:DAVA CUSIPN/A CIK1656081 Webwww.endava.com Phone442073671000FaxN/AEmployees11,853Year Founded2000Price Target and Rating Average Stock Price Forecast$87.75 High Stock Price Forecast$120.00 Low Stock Price Forecast$53.00 Forecasted Upside/Downside+76.4%Consensus RatingModerate Buy Rating Score (0-4)2.88 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$2.06 Trailing P/E Ratio24.15 Forward P/E Ratio27.04 P/E GrowthN/ANet Income$110.61 million Net Margins12.53% Pretax Margin15.60% Return on Equity19.77% Return on Assets14.16% Debt Debt-to-Equity RatioN/A Current Ratio3.14 Quick Ratio3.14 Sales & Book Value Annual Sales$871.63 million Price / Sales3.24 Cash Flow$2.55 per share Price / Cash Flow19.52 Book Value$11.51 per share Price / Book4.32Miscellaneous Outstanding Shares56,760,000Free Float46,109,000Market Cap$2.82 billion OptionableNot Optionable Beta1.16 Social Links Key ExecutivesJohn Edward CotterellChief Executive Officer & DirectorRob MachinChief Operating OfficerMark Stuart ThurstonChief Financial Officer & DirectorEoin WoodsChief Technology OfficerHelena NimmoChief Information OfficerKey CompetitorsPerficientNASDAQ:PRFTPerion NetworkNASDAQ:PERIPROSNYSE:PROFormula Systems (1985)NASDAQ:FORTYAspen TechnologyNASDAQ:AZPNView All CompetitorsInstitutional OwnershipAmeriprise Financial Inc.Sold 32,705 shares on 5/22/2023Ownership: 0.515%JPMorgan Chase & Co.Bought 249,499 shares on 5/18/2023Ownership: 0.518%New York State Common Retirement FundBought 12,959 shares on 5/18/2023Ownership: 0.089%Thrivent Financial for LutheransBought 2,264 shares on 5/17/2023Ownership: 0.151%Advisory Services Network LLCSold 371 shares on 5/17/2023Ownership: 0.007%View All Institutional Transactions DAVA Stock - Frequently Asked Questions Should I buy or sell Endava stock right now? 8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Endava in the last year. There are currently 1 hold rating and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" DAVA shares. View DAVA analyst ratings or view top-rated stocks. What is Endava's stock price forecast for 2023? 8 equities research analysts have issued 1 year price objectives for Endava's stock. Their DAVA share price forecasts range from $53.00 to $120.00. On average, they predict the company's share price to reach $87.75 in the next twelve months. This suggests a possible upside of 76.4% from the stock's current price. View analysts price targets for DAVA or view top-rated stocks among Wall Street analysts. How have DAVA shares performed in 2023? Endava's stock was trading at $76.50 on January 1st, 2023. Since then, DAVA shares have decreased by 35.0% and is now trading at $49.75. View the best growth stocks for 2023 here. Are investors shorting Endava? Endava saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 1,390,000 shares, an increase of 13.0% from the April 15th total of 1,230,000 shares. Based on an average daily volume of 311,200 shares, the short-interest ratio is presently 4.5 days. View Endava's Short Interest. When is Endava's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, September 26th 2023. View our DAVA earnings forecast. How were Endava's earnings last quarter? Endava plc (NYSE:DAVA) announced its quarterly earnings results on Monday, November, 15th. The company reported $0.49 earnings per share for the quarter, beating the consensus estimate of $0.43 by $0.06. The business had revenue of $147.50 million for the quarter, compared to analysts' expectations of $144.69 million. Endava had a net margin of 12.53% and a trailing twelve-month return on equity of 19.77%. The firm's revenue for the quarter was up 55.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.15 earnings per share. What ETFs hold Endava's stock? ETFs with the largest weight of Endava (NYSE:DAVA) stock in their portfolio include SPDR FactSet Innovative Technology ETF (XITK).Franklin Exponential Data ETF (XDAT). What guidance has Endava issued on next quarter's earnings? Endava issued an update on its fourth quarter 2023 earnings guidance on Friday, May, 26th. The company provided EPS guidance of $0.55-$0.57 for the period, compared to the consensus estimate of $0.71. The company issued revenue guidance of $235.62 million-$238.14 million, compared to the consensus revenue estimate of $259.34 million. What is John Cotterell's approval rating as Endava's CEO? 279 employees have rated Endava Chief Executive Officer John Cotterell on Glassdoor.com. John Cotterell has an approval rating of 95% among the company's employees. This puts John Cotterell in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Endava own? Based on aggregate information from My MarketBeat watchlists, some companies that other Endava investors own include NVIDIA (NVDA), Alibaba Group (BABA), Salesforce (CRM), Splunk (SPLK), Walt Disney (DIS), Zscaler (ZS), Advanced Micro Devices (AMD), PayPal (PYPL), Taiwan Semiconductor Manufacturing (TSM) and Mastercard (MA). When did Endava IPO? (DAVA) raised $101 million in an initial public offering on Friday, July 27th 2018. The company issued 5,600,000 shares at a price of $17.00-$19.00 per share. Morgan Stanley, Citigroup, Credit Suisse and Deutsche Bank Securities served as the underwriters for the IPO and Cowen and William Blair were co-managers. What is Endava's stock symbol? Endava trades on the New York Stock Exchange (NYSE) under the ticker symbol "DAVA." Who are Endava's major shareholders? Endava's stock is owned by a variety of institutional and retail investors. Top institutional investors include Price T Rowe Associates Inc. MD (15.13%), Grandeur Peak Global Advisors LLC (5.09%), FMR LLC (2.75%), Wasatch Advisors LP (2.34%), DF Dent & Co. Inc. (2.20%) and CDAM UK Ltd (1.75%). How do I buy shares of Endava? Shares of DAVA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Endava's stock price today? One share of DAVA stock can currently be purchased for approximately $49.75. How much money does Endava make? Endava (NYSE:DAVA) has a market capitalization of $2.82 billion and generates $871.63 million in revenue each year. The company earns $110.61 million in net income (profit) each year or $2.06 on an earnings per share basis. How many employees does Endava have? The company employs 11,853 workers across the globe. Does Endava have any subsidiaries? The following companies are subsidiares of Endava: Comtrade Digital Services, Endava (UK) Ltd., Endava D.O.O. Beograd, Endava Inc., Endava Romania SRL, Exozet GmbH, ISDC, Intuitus Limited, Levvel, Nickelfish, Pet Minuta d.o.o. (Five), and Velocity Partners.Read More How can I contact Endava? Endava's mailing address is 125 OLD BROAD STREET, LONDON X0, EC2N 1AR. The official website for the company is www.endava.com. The company can be reached via phone at 442073671000. This page (NYSE:DAVA) was last updated on 6/2/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Endava plc Please log in to your account or sign up in order to add this asset to your watchlist. 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