Best Stock News Stock Forecast Is Endava stock a good buy?Endava stock forecast 2024

Is Endava stock a good buy?Endava stock forecast 2024

Shares of Endava PLC (DAVA, Financial) fell 3.38% in mid-day trading on Oct 22. The stock reached an intraday low of $25.41, before recovering slightly to $25.43, down from its previous close of $26.32. This places DAVA 68.63% below its 52-week high of $81.06 and 9.24% above its 52-week low of $23.28. Trading volume was 65,437 shares, 13.2% of the average daily volume of 497,503.

 

endawa Wall Street Analysts Forecast

 

endava stock information

Key Information:
Ticker Symbol: DAVA
Exchange: New York Stock Exchange (NYSE)
Headquarters: London, UK
Founded: 2000
Services Offered: Endava focuses on agile development, software engineering, cloud services, and automation, among others.

Endava Company Profile

Overview:
Endava plc is a technology services company that specializes in delivering digital transformation and technology solutions. Founded in 2000, Endava has grown to become a prominent player in the IT services sector, helping clients navigate the complexities of digital change.
Headquarters: London, United Kingdom
Key Services:
Software Development: Custom software solutions tailored to client needs.
Digital Transformation: Consulting services to guide businesses through digital innovation.
Agile and DevOps Practices: Implementing agile methodologies to improve software delivery and collaboration.
Cloud Services: Solutions for cloud migration, management, and optimization.
Automation: Tools and processes to streamline operations and improve efficiency.
Target Industries:
Endava serves a diverse range of industries, including:
Financial Services
Insurance
Technology
Healthcare
Telecommunications
Retail
Global Presence:
Endava operates in multiple countries across Europe, North America, and South America, with delivery centers strategically located to provide flexible and efficient services.
Mission and Vision:
Endava aims to empower organizations to embrace digital transformation and leverage technology for sustainable growth. The company’s vision focuses on innovation, collaboration, and delivering value to clients.
Financial Performance:
Endava has demonstrated consistent revenue growth and profitability, reflecting strong demand for its services. For the most recent financial data, refer to their quarterly reports or financial statements.

 

Is Endava stock a good buy?

Based on the one-year price targets offered by 10 analysts, the average target price for Endava PLC (DAVA, Financial) is $37.20 with a high estimate of $55.14 and a low estimate of $28.11. The average target implies an upside of 46.27% from the current price of $25.43.
Based on the consensus recommendation from 13 brokerage firms, Endava PLC’s (DAVA, Financial) average brokerage recommendation is currently 2.2, indicating “Outperform” status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Endava PLC (DAVA, Financial) in one year is $87.08, suggesting a upside of 242.43% from the current price of $25.43. GF Value is GuruFocus’ estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business’ performance.
Endava initiated at neutral with $77 price target at J.P. Morgan
Dec. 8, 2023 at 7:30 a.m. ET by Steve Gelsi
Endava stock price target cut to $53 from $78 at Deutsche Bank
May. 24, 2023 at 9:37 a.m. ET by Tomi Kilgore