Endava (DAVA) Set to Announce Earnings on Tuesday

Endava (NYSE:DAVA) will release its earnings data before the market opens on Tuesday, May 21st. Analysts expect Endava to post earnings of $0.22 per share for the quarter.

Endava (NYSE:DAVA) last posted its quarterly earnings data on Thursday, February 28th. The company reported $0.26 earnings per share for the quarter, topping the consensus estimate of $0.17 by $0.09. The company had revenue of $92.41 million during the quarter, compared to analyst estimates of $76.46 million. On average, analysts expect Endava to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

DAVA stock opened at $32.46 on Tuesday. The stock has a market capitalization of $1.75 billion and a P/E ratio of 45.72. Endava has a fifty-two week low of $21.13 and a fifty-two week high of $34.50.

Separately, Zacks Investment Research raised shares of Endava from a “hold” rating to a “strong-buy” rating and set a $34.00 price objective for the company in a report on Tuesday, March 5th. Five investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $29.00.

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About Endava

Endava plc provides technology services for clients in the consumer products, healthcare, logistics, and retail verticals in Europe, Latin America, and the United States. It offers strategy, creative and user experience, insights through data, mobile and Internet of Things, architecture, smart automation, software engineering, test automation and engineering, continuous delivery, cloud, applications management, and smart desk services across the digital evolution, agile transformation, and automation solution areas.

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