Endava PLC – (DAVA) Expected to Announce Quarterly Sales of $76.90 Million

Brokerages expect Endava PLC – (NYSE:DAVA) to post sales of $76.90 million for the current quarter, Zacks reports. Two analysts have made estimates for Endava’s earnings, with the highest sales estimate coming in at $77.75 million and the lowest estimate coming in at $76.05 million. The business is expected to announce its next quarterly earnings results on Thursday, January 10th.

According to Zacks, analysts expect that Endava will report full year sales of $337.88 million for the current financial year, with estimates ranging from $335.19 million to $340.14 million. For the next year, analysts anticipate that the firm will post sales of $416.63 million, with estimates ranging from $413.91 million to $418.60 million. Zacks’ sales averages are a mean average based on a survey of research firms that follow Endava.

Several research analysts have weighed in on DAVA shares. Credit Suisse Group started coverage on shares of Endava in a report on Tuesday, August 21st. They issued a “neutral” rating and a $27.00 price target on the stock. Morgan Stanley started coverage on shares of Endava in a report on Tuesday, August 21st. They issued a “weight” rating and a $29.00 price target on the stock. William Blair started coverage on shares of Endava in a report on Tuesday, August 21st. They issued an “outperform” rating on the stock. Cowen started coverage on shares of Endava in a report on Tuesday, August 21st. They issued an “outperform” rating and a $27.00 price target on the stock. Finally, Citigroup started coverage on shares of Endava in a report on Tuesday, August 21st. They issued a “neutral” rating and a $30.00 price target on the stock. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Endava currently has a consensus rating of “Hold” and a consensus price target of $28.40.

Shares of DAVA stock opened at $23.88 on Friday. Endava has a 52-week low of $21.13 and a 52-week high of $31.50.

About Endava

Endava plc provides IT service to finance, insurance and healthcare, retail and consumer goods, telecommunications, media, and technology industries in the United Kingdom. It offers architecture solutions; AI and Intelligent Automation, bots and natural language interfaces, and Robotic Process Automation; software engineering; testing solutions; cloud services; and application management services.

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Earnings History and Estimates for Endava (NYSE:DAVA)

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