The closing price of Endava plc ADR (NYSE: DAVA) was $37.30 for the day, down -0.53% from the previous closing price of $37.50. In other words, the price has decreased by -$0.20 from its previous closing price. On the day, 819569 shares were traded.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Ratios:
Our analysis of DAVA’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.15 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.08. For the most recent quarter (mrq), Quick Ratio is recorded 3.33 and its Current Ratio is at 3.33. In the meantime, Its Debt-to-Equity ratio is 0.10 whereas as Long-Term Debt/Eq ratio is at 0.07.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Citigroup on March 01, 2024, Downgraded its rating to Neutral and sets its target price to $40 from $90 previously.
On January 24, 2024, Morgan Stanley Downgraded its rating to Equal-Weight which previously was Overweight and also upped its target price recommendation from $68 to $80.
HSBC Securities Downgraded its Buy to Hold on January 08, 2024, whereas the target price for the stock was revised from $68 to $80.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DAVA now has a Market Capitalization of 2.17B and an Enterprise Value of 1.99B. As of this moment, Endava’s Price-to-Earnings (P/E) ratio for their current fiscal year is 25.73, and their Forward P/E ratio for the next fiscal year is 18.61. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.64. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.64 while its Price-to-Book (P/B) ratio in mrq is 1.97. Its current Enterprise Value per Revenue stands at 2.60 whereas that against EBITDA is 25.87.
Stock Price History:
Over the past 52 weeks, DAVA has reached a high of $81.06, while it has fallen to a 52-week low of $35.25. The 50-Day Moving Average of the stock is 66.67, while the 200-Day Moving Average is calculated to be 58.26.
Shares Statistics:
DAVA traded an average of 468.13K shares per day over the past three months and 1.66M shares per day over the past ten days. A total of 41.81M shares are outstanding, with a floating share count of 41.77M. Shares short for DAVA as of Feb 15, 2024 were 597.71k with a Short Ratio of 1.28, compared to 962.23k on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.04% and a Short% of Float of 1.22%.
Earnings Estimates
The firm’s stock currently is rated by 8 analysts. On average, analysts expect EPS of $0.29 for the current quarter, with a high estimate of $0.51 and a low estimate of $0.22, while EPS last year was $0.76. The consensus estimate for the next quarter is $0.4, with high estimates of $0.71 and low estimates of $0.3.
Analysts are recommending an EPS of between $2.11 and $1.41 for the fiscal current year, implying an average EPS of $1.56. EPS for the following year is $2.13, with 10 analysts recommending between $2.51 and $1.85.
Revenue Estimates
A total of 11 analysts have provided revenue estimates for DAVA’s current fiscal year. The highest revenue estimate was $1.02B, while the lowest revenue estimate was $928.95M, resulting in an average revenue estimate of $949.27M. In the same quarter a year ago, actual revenue was $992.45M, down -4.40% from the average estimate. Based on 11 analysts’ estimates, the company’s revenue will be $1.05B in the next fiscal year. The high estimate is $1.18B and the low estimate is $976.62M. The average revenue growth estimate for next year is up 10.40% from the average revenue estimate for this year.
