Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
As of close of business last night, Endava plc ADR’s stock clocked out at $30.09, down -2.21% from its previous closing price of $30.77. In other words, the price has decreased by -$2.21 from its previous closing price. On the day, 0.86 million shares were traded. DAVA stock price reached its highest trading level at $30.9399 during the session, while it also had its lowest trading level at $29.81.
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 4.96 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.74. 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.
On March 19, 2024, Guggenheim started tracking the stock assigning a Buy rating and target price of $60.
Citigroup Downgraded its Buy to Neutral on March 01, 2024, whereas the target price for the stock was revised from $90 to $40.
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 1737727616 and an Enterprise Value of 1615092736. As of this moment, Endava’s Price-to-Earnings (P/E) ratio for their current fiscal year is 20.75, and their Forward P/E ratio for the next fiscal year is 15.21. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.75. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.32 while its Price-to-Book (P/B) ratio in mrq is 1.59. Its current Enterprise Value per Revenue stands at 2.11 whereas that against EBITDA is 15.144.
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 $29.69. The 50-Day Moving Average of the stock is -35.57%, while the 200-Day Moving Average is calculated to be -46.76%.
Shares Statistics:
It appears that DAVA traded 637.36K shares on average per day over the past three months and 728540 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 1711584000 were 688381 with a Short Ratio of 1.08, compared to 1709164800 on 585259. Therefore, it implies a Short% of Shares Outstanding of 688381 and a Short% of Float of 1.4099999.
Earnings Estimates
The dynamic stock of Endava plc ADR (DAVA) is currently attracting attention from Cassava Sciences, Inc. analysts actively involved in rating its market status.The consensus estimate for the next quarter is $61.56, with high estimates of $30.09 and low estimates of $1.83.
Analysts are recommending an EPS of between $Technology and $Consumer Cyclical for the fiscal current year, implying an average EPS of $Consumer Cyclical.
