Endava (DAVA) Set to Announce Earnings on Tuesday

Endava (NYSE:DAVA) is scheduled to post its quarterly earnings results 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 released its earnings results on Thursday, February 28th. The company reported $0.26 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.17 by $0.09. The business had revenue of $92.41 million for the quarter, compared to analysts’ expectations 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.

NYSE:DAVA opened at $32.46 on Tuesday. Endava has a fifty-two week low of $21.13 and a fifty-two week high of $34.50. The stock has a market cap of $1.75 billion and a price-to-earnings ratio of 45.72.

Separately, Zacks Investment Research cut Endava from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 6th. Five research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price 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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