Brokerages forecast that Endava PLC – (NYSE:DAVA) will report $0.14 earnings per share (EPS) for the current quarter, Zacks Investment Research reports. Two analysts have issued estimates for Endava’s earnings. The lowest EPS estimate is $0.12 and the highest is $0.16. The firm is expected to issue its next quarterly earnings report on Thursday, January 10th.
According to Zacks, analysts expect that Endava will report full-year earnings of $0.72 per share for the current financial year, with EPS estimates ranging from $0.62 to $0.76. For the next fiscal year, analysts anticipate that the company will post earnings of $0.91 per share, with EPS estimates ranging from $0.81 to $0.97. Zacks’ EPS averages are an average based on a survey of sell-side research analysts that follow Endava.
Several equities research analysts have weighed in on DAVA shares. Deutsche Bank started coverage on Endava in a research note on Wednesday, August 22nd. They set a “hold” rating and a $29.00 target price for the company. Citigroup dropped their price target on Endava from $30.00 to $27.00 and set a “neutral” rating for the company in a research note on Friday, October 12th. Credit Suisse Group began coverage on Endava in a research note on Tuesday, August 21st. They issued a “neutral” rating and a $27.00 price target for the company. William Blair began coverage on Endava in a research note on Tuesday, August 21st. They issued an “outperform” rating for the company. Finally, Cowen began coverage on Endava in a research note on Tuesday, August 21st. They issued an “outperform” rating and a $27.00 price target for the company. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $27.80.
NYSE DAVA traded down $1.17 on Thursday, hitting $24.03. 10,900 shares of the company’s stock were exchanged, compared to its average volume of 76,191. Endava has a 52 week low of $21.13 and a 52 week high of $31.50.
Endava Company Profile
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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