Endava (DAVA) to Release Earnings on Thursday

Endava (NYSE:DAVA) is scheduled to release its earnings data before the market opens on Thursday, September 19th. Analysts expect Endava to post earnings of $0.29 per share for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.

Endava Price Performance

Shares of NYSE:DAVA opened at $29.44 on Wednesday. Endava has a 1 year low of $24.51 and a 1 year high of $81.06. The firm has a market capitalization of $1.70 billion, a PE ratio of 32.71 and a beta of 1.22. The firm’s 50-day moving average is $30.71 and its two-hundred day moving average is $31.11.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the company. TD Cowen decreased their target price on Endava from $46.00 to $42.00 and set a “buy” rating for the company in a report on Friday, May 24th. Wedbush decreased their target price on Endava from $65.00 to $50.00 and set an “outperform” rating for the company in a research note on Thursday, May 23rd. Redburn Atlantic assumed coverage on shares of Endava in a report on Friday, May 24th. They issued a “neutral” rating and a $33.10 target price for the company. JPMorgan Chase & Co. lifted their price target on shares of Endava from $41.00 to $47.00 and gave the stock an “overweight” rating in a research note on Friday, September 6th. Finally, Guggenheim reduced their price objective on Endava from $55.00 to $45.00 and set a “buy” rating for the company in a research note on Monday. Three investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $46.01.

Endava Company Profile

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.