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As of close of business last night, Endava plc ADR’s stock clocked out at $24.49, up 3.73% from its previous closing price of $23.61. In other words, the price has increased by $3.73 from its previous closing price. On the day, 0.5 million shares were traded. DAVA stock price reached its highest trading level at $24.89 during the session, while it also had its lowest trading level at $24.1628.
Ratios:
To gain a deeper understanding of DAVA’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 13.78 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.75. For the most recent quarter (mrq), Quick Ratio is recorded 1.74 and its Current Ratio is at 1.74. In the meantime, Its Debt-to-Equity ratio is 0.32 whereas as Long-Term Debt/Eq ratio is at 0.29.
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 this company, Redburn Atlantic on May 24, 2024, initiated with a Neutral rating and assigned the stock a target price of $33.10.
On May 01, 2024, HSBC Securities Upgraded its rating to Buy which previously was Hold but kept the price unchanged to $45.
JP Morgan Upgraded its Neutral to Overweight on March 19, 2024, while the target price for the stock was maintained at $49.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Oct 31 ’24 when Cotterell John bought 23,618 shares for $24.74 per share.
Thurston Mark Stuart bought 4,895 shares of DAVA for $121,102 on Oct 31 ’24. On Oct 31 ’24, another insider, Cloke Matthew, who serves as the Officer of the company, bought 702 shares for $24.74 each.
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 1445678976 and an Enterprise Value of 1585765120. As of this moment, Endava’s Price-to-Earnings (P/E) ratio for their current fiscal year is 66.75, and their Forward P/E ratio for the next fiscal year is 11.66. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.59. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.17 while its Price-to-Book (P/B) ratio in mrq is 1.35. Its current Enterprise Value per Revenue stands at 2.141 whereas that against EBITDA is 26.619.
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 $23.28. The 50-Day Moving Average of the stock is -9.64%, while the 200-Day Moving Average is calculated to be -29.90%.
Shares Statistics:
It appears that DAVA traded 455.55K shares on average per day over the past three months and 440600 shares per day over the past ten days. A total of 44.50M shares are outstanding, with a floating share count of 41.77M. Shares short for DAVA as of 1728950400 were 1129998 with a Short Ratio of 2.48, compared to 1726185600 on 1200572. Therefore, it implies a Short% of Shares Outstanding of 1129998 and a Short% of Float of 2.54.
