NYSE:DAVA Endava (DAVA) Stock Forecast, Price & News $57.29 -0.06 (-0.10%) (As of 04:00 PM ET) Add Compare Share Share Today's Range$56.60▼$58.1250-Day Range$45.46▼$58.7952-Week Range$44.62▼$95.00Volume179,080 shsAverage Volume289,065 shsMarket Capitalization$3.31 billionP/E Ratio29.08Dividend YieldN/APrice Target$80.56 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Endava MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside37.3% Upside$78.67 Price TargetShort InterestHealthy1.82% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.35Based on 7 Articles This WeekInsider TradingN/AProj. Earnings Growth64.75%From $1.22 to $2.01 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.3.39 out of 5 starsComputer And Technology Sector28th out of 611 stocksCustom Computer Programming Services Industry2nd out of 26 stocks 4.5 Analyst's Opinion Consensus RatingEndava has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 8 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $78.67, Endava has a forecasted upside of 37.3% from its current price of $57.29.Amount of Analyst CoverageEndava has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.82% 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 3.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Endava has recently decreased by 16.00%, indicating that investor sentiment is improving significantly. 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 4.1 News and Social Media Coverage News SentimentEndava has a news sentiment score of 1.35. 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 higher news sentiment than the 0.63 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 Interest12 people have searched for DAVA on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.MarketBeat Follows9 people have added Endava to their MarketBeat watchlist in the last 30 days. This is an increase of 800% 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 Institutions56.10% 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 64.75% in the coming year, from $1.22 to $2.01 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Endava is 29.08, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 114.49.Price to Earnings Ratio vs. SectorThe P/E ratio of Endava is 29.08, 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 242.57.Price to Book Value per Share RatioEndava has a P/B Ratio of 4.81. 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 provides technology services for clients in the consumer products, healthcare, mobility, and retail verticals in Europe, Latin America, North America, and internationally. It offers technology and digital advisory services for payments and financial services, and TMT sectors; IT strategies; business analysis services; program management services; digital product strategy services; and architecture, extended reality, machine learning and artificial intelligence, product design, and user experience and visual design services. The company also engages in the identifying, defining, and embedding collaborative data and analytics; and provision of automated testing, cloud native software engineering, continuous delivery, distributed agile delivery, intelligent automation, secure development, agile applications management, cloud infrastructure, DevSecOps, service delivery, smart desk, and telemetry and monitoring services. Endava plc was founded in 2000 and is headquartered in London, the United Kingdom.Read More DAVA Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart DAVA Stock News HeadlinesSeptember 25, 2023 | americanbankingnews.comEndava plc (NYSE:DAVA) Receives $81.50 Average Price Target from AnalystsSeptember 25, 2023 | americanbankingnews.comEndava plc (NYSE:DAVA) Forecasted to Earn Q1 2024 Earnings of $0.68 Per ShareOctober 2, 2023 | Behind the Markets (Ad)66,000% upside on tiny biotech?The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.September 23, 2023 | americanbankingnews.comAnalysts Set Expectations for Endava plc's Q1 2025 Earnings (NYSE:DAVA)September 23, 2023 | americanbankingnews.comWedbush Comments on Endava plc's Q2 2024 Earnings (NYSE:DAVA)September 22, 2023 | americanbankingnews.comTD Cowen Lowers Endava (NYSE:DAVA) Price Target to $70.00September 22, 2023 | americanbankingnews.comEndava (NYSE:DAVA) PT Lowered to $68.00September 22, 2023 | americanbankingnews.comEndava (NYSE:DAVA) PT Lowered to $65.00October 2, 2023 | Behind the Markets (Ad)66,000% upside on tiny biotech?The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.September 22, 2023 | americanbankingnews.comFY2024 EPS Estimates for Endava plc Reduced by Analyst (NYSE:DAVA)September 21, 2023 | finance.yahoo.comEndava plc (NYSE:DAVA) Q4 2023 Earnings Call TranscriptSeptember 20, 2023 | msn.comEarnings Call: Endava Reports Q4 and Fiscal Year 2023 Results, Expects Challenging Q1 2024September 20, 2023 | finance.yahoo.comQ4 2023 Endava PLC Earnings CallSeptember 19, 2023 | markets.businessinsider.comAnalysts Have Conflicting Sentiments on These Technology Companies: Coherent Corp (COHR) and Endava (DAVA)September 19, 2023 | msn.comEndava reports Q4 Non-GAAP EPS of £0.57, revenue of £189.8MSeptember 19, 2023 | in.investing.comEndava tops Q4 estimates but outlook disappointsSeptember 19, 2023 | marketwatch.comEndava Shares Rise 9.4% After Profit, Revenue Top EstimatesSeptember 19, 2023 | baystreet.caEndava Leaps on Sustainability ReportSeptember 19, 2023 | proactiveinvestors.comEndava shares move higher as 4Q earnings top estimatesSeptember 19, 2023 | msn.comWhy Endava Shares Are Slipping TodaySeptember 19, 2023 | finance.yahoo.comEndava Releases 2023 Sustainability ReportSeptember 19, 2023 | finance.yahoo.comEndava PLC Sponsored ADR (DAVA) Surpasses Q4 Earnings and Revenue EstimatesSeptember 19, 2023 | finance.yahoo.comEndava PLC (DAVA): A Hidden Gem Significantly Undervalued?September 19, 2023 | benzinga.comEndava Likely To Lower Q4 Earnings; Here's A Look At Recent Price Target Changes By The Most Accurate AnalystsSeptember 19, 2023 | finance.yahoo.comEndava Announces Fourth Quarter Fiscal Year 2023 & Fiscal Year 2023 ResultsSeptember 18, 2023 | proactiveinvestors.comEndava set to report higher revenue but lower earnings for 4Q as analysts trim growth forecastSeptember 8, 2023 | msn.comEndava: Innovative Business Positioned For Long-Term SuccessSee More Headlines 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 Company Calendar Last Earnings9/19/2023Today10/02/2023Next Earnings (Estimated)11/21/2023Fiscal Year End6/30/2024Get 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/AEmployees12,063Year Founded2000Price Target and Rating Average Stock Price Forecast$78.67 High Stock Price Forecast$120.00 Low Stock Price Forecast$53.00 Forecasted Upside/Downside+41.4%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$1.97 Trailing P/E Ratio28.91 Forward P/E Ratio46.68 P/E GrowthN/ANet Income$113.43 million Net Margins11.86% Pretax Margin14.36% Return on Equity18.07% Return on Assets13.15% Debt Debt-to-Equity RatioN/A Current Ratio2.87 Quick Ratio2.87 Sales & Book Value Annual Sales$957.12 million Price / Sales3.44 Cash Flow$2.63 per share Price / Cash Flow21.64 Book Value$11.92 per share Price / Book4.78Miscellaneous Outstanding Shares57,750,000Free Float46,911,000Market Cap$3.29 billion OptionableNot Optionable Beta1.09 Social Links A Guide To High-Short-Interest StocksMarketBeat's analysts have just released their top five short plays for October 2023. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. John E. Cotterell (Age 62)Founder, CEO & Director Comp: $1.34MMr. Mark S. Thurston (Age 59)CFO & Director Comp: $679.94kMr. Julian Bull (Age 52)Chief Operating Officer Mr. Matt ClokeChief Technology OfficerMs. Helena NimmoChief Information OfficerMs. Laurence MadsenInvestor Relations Mang.Mr. Rohit Bhoothalingam (Age 50)Gen. Counsel & Sec. Mr. David ChurchillHead of People & OrganisationMr. Toby DixonManaging Director of DACHMr. Justin MarcucciChief Digital OfficerMore ExecutivesKey CompetitorsHashiCorpNASDAQ:HCPPerficientNASDAQ:PRFTPROSNYSE:PROPerion NetworkNASDAQ:PERIFormula Systems (1985)NASDAQ:FORTYView All CompetitorsInstitutional OwnershipBaystate Wealth Management LLCSold 8,800 shares on 9/21/2023Ownership: 0.055%Alberta Investment Management CorpSold 31,695 shares on 8/24/2023Ownership: 0.177%Osaic Holdings Inc.Sold 1,110 shares on 8/21/2023Ownership: 0.027%Legato Capital Management LLCBought 3,847 shares on 8/18/2023Ownership: 0.024%Stifel Financial CorpSold 231 shares on 8/15/2023Ownership: 0.019%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 8 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 12-month target prices for Endava's shares. Their DAVA share price forecasts range from $53.00 to $120.00. On average, they expect the company's stock price to reach $78.67 in the next twelve months. This suggests a possible upside of 38.1% 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 at the beginning of 2023. Since then, DAVA shares have decreased by 25.6% and is now trading at $56.95. View the best growth stocks for 2023 here. Are investors shorting Endava? Endava saw a decline in short interest during the month of September. As of September 15th, there was short interest totaling 1,050,000 shares, a decline of 16.0% from the August 31st total of 1,250,000 shares. Based on an average trading volume of 277,400 shares, the short-interest ratio is currently 3.8 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, November 21st 2023. View our DAVA earnings forecast. How were Endava's earnings last quarter? Endava plc (NYSE:DAVA) issued its earnings results on Tuesday, September, 19th. The company reported $0.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.45 by $0.12. The business earned $189.80 million during the quarter, compared to analyst estimates of $188.53 million. Endava had a trailing twelve-month return on equity of 18.07% and a net margin of 11.86%. The company's revenue was up 5.2% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.59 EPS. What ETFs hold Endava's stock? ETFs with the largest weight of Endava (NYSE:DAVA) stock in their portfolio include T. Rowe Price International Equity ETF (TOUS).Franklin Exponential Data ETF (XDAT). What guidance has Endava issued on next quarter's earnings? Endava updated its first quarter 2024 earnings guidance on Tuesday, September, 19th. The company provided EPS guidance of $0.43-$0.44 for the period, compared to the consensus estimate of $0.61. The company issued revenue guidance of $232.78 million-$234.03 million, compared to the consensus revenue estimate of $244.44 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 IPO 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 acted 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." 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 $56.95. How much money does Endava make? Endava (NYSE:DAVA) has a market capitalization of $3.29 billion and generates $957.12 million in revenue each year. The company earns $113.43 million in net income (profit) each year or $1.97 on an earnings per share basis. How many employees does Endava have? The company employs 12,063 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 or via email at investors@endava.com. This page (NYSE:DAVA) was last updated on 10/2/2023 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. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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