Endava (NYSE:DAVA) updated its FY 2020
Pre-Market earnings guidance on Thursday. The company provided earnings per share guidance of 1.24-1.30 for the period. The company issued revenue guidance of $457.19-462.43 million, compared to the consensus revenue estimate of $518.52 million.Endava also updated its FY20 guidance to 0.95-0.99 EPS.
A number of analysts have weighed in on the company. Zacks Investment Research downgraded Endava from a buy rating to a hold rating in a report on Wednesday, January 22nd. Needham & Company LLC increased their price target on Endava from $53.00 to $62.00 and gave the stock a buy rating in a report on Thursday. Cantor Fitzgerald increased their price target on Endava from $46.00 to $56.00 and gave the stock a neutral rating in a report on Friday. Susquehanna Bancshares initiated coverage on Endava in a report on Tuesday, October 22nd. They set a positive rating and a $48.00 price target for the company. Finally, Citigroup increased their price objective on shares of Endava from $45.00 to $50.00 and gave the stock a neutral rating in a research report on Wednesday, January 15th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and two have given a buy rating to the stock. The company currently has a consensus rating of Hold and an average target price of $48.16.
Shares of DAVA stock traded down $1.66 on Friday, reaching $53.32. 251,900 shares of the company were exchanged, compared to its average volume of 119,097. The company has a market cap of $2.56 billion, a price-to-earnings ratio of 64.24, a PEG ratio of 2.67 and a beta of 0.77. The company has a 50-day moving average of $47.07 and a 200-day moving average of $42.31. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.43 and a quick ratio of 2.43. Endava has a one year low of $23.51 and a one year high of $55.50.
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.
Recommended Story: Cryptocurrencies
Receive News & Ratings for Endava Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Endava and related companies with MarketBeat.com's FREE daily email newsletter.