Endava (NYSE:DAVA) Releases FY 2025 Earnings Guidance

Endava (NYSE:DAVA) issued an update on its FY 2025 earnings guidance on Tuesday. The company provided earnings per share guidance of 1.460-1.521 for the period, compared to the consensus earnings per share estimate of 1.460. The company issued revenue guidance of $1.0 billion-$1.1 billion, compared to the consensus revenue estimate of $1.0 billion. Endava also updated its Q2 2025 guidance to 0.310-0.325 EPS.

Endava Stock Up 3.5 %

DAVA opened at $29.49 on Wednesday. The firm has a market capitalization of $1.70 billion, a P/E ratio of 81.92 and a beta of 1.21. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.74 and a quick ratio of 1.74. The company has a fifty day moving average price of $26.79 and a 200-day moving average price of $28.53. Endava has a one year low of $23.28 and a one year high of $81.06.

Endava (NYSE:DAVA) last announced its earnings results on Thursday, September 19th. The company reported ($0.04) EPS for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.13). Endava had a net margin of 2.30% and a return on equity of 2.75%. The business had revenue of $245.30 million for the quarter, compared to the consensus estimate of $248.65 million. Equities research analysts expect that Endava will post 0.77 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have recently issued reports on DAVA shares. JPMorgan Chase & Co. lifted their price target on Endava from $41.00 to $47.00 and gave the company an “overweight” rating in a report on Friday, September 6th. Guggenheim lowered their price objective on Endava from $45.00 to $40.00 and set a “buy” rating on the stock in a research report on Wednesday, November 6th. Citigroup cut their price target on Endava from $30.00 to $27.00 and set a “neutral” rating for the company in a research note on Monday, October 28th. Susquehanna lowered their price objective on Endava from $66.00 to $55.00 and set a “positive” rating on the stock in a report on Friday, September 20th. Finally, Needham & Company LLC cut their price objective on shares of Endava from $42.00 to $33.00 and set a “buy” rating for the company in a report on Friday, September 20th. Three equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $41.21.

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.