Endava Stock Forecast, Price & News

Endava's stock was trading at $43.43 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, DAVA shares have increased by 44.6% and is now trading at $62.79.
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7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Endava in the last year. There are currently 3 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Endava or view MarketBeat's top 5 stock picks.

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Endava is scheduled to release its next quarterly earnings announcement on Thursday, February 11th 2021.
View our earnings forecast for Endava.

Endava plc (NYSE:DAVA) released its quarterly earnings data on Thursday, November, 12th. The company reported $0.26 EPS for the quarter, beating the consensus estimate of $0.20 by $0.06. The business earned $95.10 million during the quarter, compared to analysts' expectations of $93.71 million. Endava had a net margin of 3.70% and a return on equity of 6.07%. The firm's revenue for the quarter was up 15.4% on a year-over-year basis. During the same period in the prior year, the business posted $0.24 earnings per share.
View Endava's earnings history.

Endava updated its FY21 earnings guidance on Thursday, November, 12th. The company provided EPS guidance of GBP1.04-1.08 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.01. The company issued revenue guidance of GBP419.0-421.0 million, compared to the consensus revenue estimate of $414.45 million.

7 equities research analysts have issued 1-year price objectives for Endava's stock. Their forecasts range from $56.00 to $81.00. On average, they expect Endava's share price to reach $68.00 in the next year. This suggests a possible upside of 8.3% from the stock's current price.
View analysts' price targets for Endava.

Endava saw a decrease in short interest during the month of November. As of November 15th, there was short interest totaling 282,800 shares, a decrease of 16.2% from the October 31st total of 337,400 shares. Based on an average trading volume of 183,400 shares, the short-interest ratio is currently 1.5 days.
View Endava's Short Interest.

Some companies that are related to Endava include Aspen Technology (AZPN), Amdocs (DOX), GEMALTO NV/S (GTOMY), Sogou (SOGO), PROS (PRO), Glu Mobile (GLUU), Virtusa (VRTU), Perficient (PRFT), Formula Systems (1985) (FORTY), Computer Programs and Systems (CPSI), Bright Mountain Media (BMTM), AGM Group (AGMH), Perion Network (PERI), Synchronoss Technologies (SNCR) and Luokung Technology (LKCO).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Endava investors own include NVIDIA (NVDA), Alibaba Group (BABA), salesforce.com (CRM), Splunk (SPLK), The Walt Disney (DIS), Zscaler (ZS), Advanced Micro Devices (AMD), PayPal (PYPL), Taiwan Semiconductor Manufacturing (TSM) and Mastercard (MA).

(DAVA) raised $101 million in an IPO on Friday, July 27th 2018. The company issued 5,600,000 shares at $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.

Endava trades on the New York Stock Exchange (NYSE) under the ticker symbol "DAVA."

Endava's stock is owned by a variety of retail and institutional investors. Top institutional investors include Grandeur Peak Global Advisors LLC (2.72%), Wasatch Advisors Inc. (2.25%), Lord Abbett & CO. LLC (1.42%), BlackRock Inc. (0.94%), Federated Hermes Inc. (0.93%) and Oberweis Asset Management Inc. (0.79%).

DAVA stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Oberweis Asset Management Inc., Massachusetts Financial Services Co. MA, Wells Fargo & Company MN, Victory Capital Management Inc., Raymond James & Associates, Wasatch Advisors Inc., and Blair William & Co. IL.

DAVA stock was bought by a variety of institutional investors in the last quarter, including GW&K Investment Management LLC, Segall Bryant & Hamill LLC, Grandeur Peak Global Advisors LLC, KAMES CAPITAL plc, Standard Life Aberdeen plc, Lord Abbett & CO. LLC, State of Tennessee Treasury Department, and Morgan Stanley.

Shares of DAVA can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of DAVA stock can currently be purchased for approximately $62.79.

Endava has a market capitalization of $3.33 billion and generates $435.42 million in revenue each year. The company earns $26.99 million in net income (profit) each year or $0.47 on an earnings per share basis. Endava employs 6,624 workers across the globe.

The official website for Endava is www.endava.com.

Endava's mailing address is 125 OLD BROAD STREET, LONDON X0, EC2N 1AR. The company can be reached via phone at 44-20-7367-1000.