Endava (NYSE:DAVA) Releases Quarterly Earnings Results, Misses Expectations By $0.18 EPS

Endava (NYSE:DAVA) announced its quarterly earnings data on Thursday. The company reported $0.14 earnings per share for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.18), Zacks reports. Endava had a return on equity of 1.10% and a net margin of 0.92%. 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 3.1 %

NYSE DAVA traded down $0.94 during trading hours on Thursday, hitting $29.57. 757,426 shares of the company’s stock were exchanged, compared to its average volume of 341,349. The business’s 50 day moving average is $31.77 and its 200-day moving average is $29.31. Endava has a 12-month low of $23.28 and a 12-month high of $68.58. The firm has a market capitalization of $1.75 billion, a P/E ratio of 210.54, a price-to-earnings-growth ratio of 2.62 and a beta of 1.22. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.90 and a current ratio of 1.90.

Wall Street Analyst Weigh In

Several analysts have weighed in on DAVA shares. Morgan Stanley upped their target price on Endava from $33.00 to $35.00 and gave the company an “equal weight” rating in a report on Friday, January 31st. Guggenheim lowered their target price on Endava from $45.00 to $40.00 and set a “buy” rating on the stock in a report on Wednesday, November 6th. Needham & Company LLC upped their target price on Endava from $36.00 to $43.00 and gave the company a “buy” rating in a report on Friday, January 10th. Citigroup lowered their target price on Endava from $30.00 to $27.00 and set a “neutral” rating on the stock in a report on Monday, October 28th. Finally, Bank of America began coverage on Endava in a report on Friday, November 22nd. They issued a “neutral” rating and a $29.00 target price on the stock. Four analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $40.01.

About Endava

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.