Endava Stock Forecast, Price & News

Endava's stock was trading at $43.43 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, DAVA shares have increased by 49.6% and is now trading at $64.97.
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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.

Endava is scheduled to release its next quarterly earnings announcement on Tuesday, November 17th 2020.
View our earnings forecast for Endava.

Endava plc (NYSE:DAVA) posted its earnings results on Tuesday, September, 15th. The company reported $0.23 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.16 by $0.07. The firm had revenue of $90.50 million for the quarter, compared to the consensus estimate of $86.84 million. Endava had a net margin of 5.96% and a return on equity of 10.20%. Endava's revenue for the quarter was up 18.1% on a year-over-year basis. During the same period in the prior year, the business posted $0.20 earnings per share.
View Endava's earnings history.

Endava updated its first quarter earnings guidance on Tuesday, September, 15th. The company provided earnings per share (EPS) guidance of EUR 0.21-0.22 for the period, compared to the Thomson Reuters consensus estimate of $0.20. The company issued revenue guidance of GBP 93-94 million, compared to the consensus revenue estimate of $90.70 million.

7 brokerages have issued 12 month price targets for Endava's stock. Their forecasts range from $56.00 to $68.00. On average, they expect Endava's share price to reach $62.71 in the next year. This suggests that the stock has a possible downside of 3.5%.
View analysts' price targets for Endava.

Endava saw a decline in short interest during the month of October. As of October 15th, there was short interest totaling 312,500 shares, a decline of 16.0% from the September 30th total of 372,000 shares. Based on an average daily volume of 152,900 shares, the short-interest ratio is currently 2.0 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), Virtusa (VRTU), PROS (PRO), Formula Systems (1985) (FORTY), Perficient (PRFT), Glu Mobile (GLUU), Computer Programs and Systems (CPSI), Bright Mountain Media (BMTM), AGM Group (AGMH), Perion Network (PERI), Synchronoss Technologies (SNCR) and Innovative Solutions & Support (ISSC).
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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 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 acted 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 many different retail and institutional investors. Top institutional shareholders include Standard Life Aberdeen plc (0.38%), Summit Creek Advisors LLC (0.23%), State of New Jersey Common Pension Fund D (0.18%), QP Wealth Management LLC (0.01%), Symphony Financial Ltd. Co. (0.01%) and Harel Insurance Investments & Financial Services Ltd. (0.00%).

DAVA stock was sold by a variety of institutional investors in the last quarter, including Harel Insurance Investments & Financial Services Ltd..

DAVA stock was purchased by a variety of institutional investors in the last quarter, including Standard Life Aberdeen plc, State of New Jersey Common Pension Fund D, Summit Creek Advisors LLC, QP Wealth Management LLC, Symphony Financial Ltd. Co., and Parallel Advisors LLC.

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 $64.97.

Endava has a market capitalization of $3.45 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.