Endava (NYSE:DAVA) Posts Quarterly Earnings Results, Misses Estimates By $0.18 EPS

Endava (NYSE:DAVA) released its quarterly earnings results on Thursday. The company reported $0.14 earnings per share for the quarter, missing the consensus estimate of $0.32 by ($0.18), Zacks reports. Endava had a net margin of 0.92% and a return on equity of 1.10%. The company had revenue of $250.63 million during the quarter, compared to analyst estimates of $197.33 million. Endava updated its FY 2025 guidance to 1.540-1.580 EPS and its Q3 2025 guidance to 0.400-0.410 EPS.

Endava Trading Down 4.6 %

Shares of Endava stock traded down $1.30 during midday trading on Friday, reaching $27.00. 343,711 shares of the company’s stock traded hands, compared to its average volume of 355,792. The stock has a 50 day moving average of $31.72 and a 200-day moving average of $29.30. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.90 and a current ratio of 1.90. The company has a market cap of $1.59 billion, a PE ratio of 192.86, a price-to-earnings-growth ratio of 2.44 and a beta of 1.22. Endava has a 12 month low of $23.28 and a 12 month high of $68.58.

Wall Street Analyst Weigh In

Several brokerages recently commented on DAVA. Guggenheim reduced their target price on shares of Endava from $45.00 to $40.00 and set a “buy” rating for the company in a report on Wednesday, November 6th. Morgan Stanley upped their price target on shares of Endava from $33.00 to $35.00 and gave the stock an “equal weight” rating in a research report on Friday, January 31st. Susquehanna dropped their price target on shares of Endava from $55.00 to $50.00 and set a “positive” rating on the stock in a research report on Friday. Citigroup dropped their price target on shares of Endava from $30.00 to $27.00 and set a “neutral” rating on the stock in a research report on Monday, October 28th. Finally, TD Cowen upped their price target on shares of Endava from $35.00 to $36.00 and gave the stock a “buy” rating in a research report on Wednesday, November 13th. Four equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $39.10.

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.