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

Endava (NYSE:DAVA) released its quarterly earnings data on Thursday. The company reported $0.14 EPS 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 Stock Performance

Shares of DAVA traded down $0.94 during mid-day trading on Thursday, hitting $29.57. The stock had a trading volume of 757,426 shares, compared to its average volume of 341,349. The company has a market cap of $1.75 billion, a PE ratio of 210.54, a PEG ratio of 2.62 and a beta of 1.22. The company’s fifty day simple moving average is $31.77 and its two-hundred day simple moving average is $29.31. The company has a quick ratio of 1.90, a current ratio of 1.90 and a debt-to-equity ratio of 0.21. Endava has a fifty-two week low of $23.28 and a fifty-two week high of $68.58.

Analysts Set New Price Targets

A number of research firms have recently commented on DAVA. Guggenheim cut their price objective on Endava from $45.00 to $40.00 and set a “buy” rating on the stock in a report on Wednesday, November 6th. Bank of America began coverage on Endava in a research note on Friday, November 22nd. They issued a “neutral” rating and a $29.00 target price for the company. Morgan Stanley increased their target price on Endava from $33.00 to $35.00 and gave the company an “equal weight” rating in a research note on Friday, January 31st. TD Cowen increased their target price on Endava from $35.00 to $36.00 and gave the company a “buy” rating in a research note on Wednesday, November 13th. Finally, Citigroup lowered their target price on Endava from $30.00 to $27.00 and set a “neutral” rating for the company in a research note on Monday, October 28th. Four investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $40.01.

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.