A share price of Endava plc ADR [DAVA] is currently trading at $26.26, up 6.32%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The DAVA shares have gain 8.74% over the last week, with a monthly amount drifted -21.49%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Endava plc ADR [NYSE: DAVA] stock has seen the most recent analyst activity on May 24, 2024, when Redburn Atlantic initiated its Neutral rating and assigned the stock a price target of $33.10. Previously, HSBC Securities upgraded its rating to Buy on May 01, 2024, and kept the price target unchanged to $45. On March 19, 2024, upgrade upgraded it’s rating to Overweight but maintained its price target of $49 on the stock. Guggenheim started tracking the stock assigning a Buy rating and suggested a price target of $60 on March 19, 2024. Citigroup downgraded its rating to a Neutral and reduced its price target to $40 on March 01, 2024. Morgan Stanley downgraded its rating to Equal-Weight for this stock on January 24, 2024, and upped its price target to $80. In a note dated January 08, 2024, HSBC Securities downgraded an Hold rating on this stock and boosted its target price from $68 to $80.
Endava plc ADR experienced fluctuations in its stock price throughout the past year between $23.28 and $81.06. Currently, Wall Street analysts expect the stock to reach $56.3 within the next 12 months. Endava plc ADR [NYSE: DAVA] shares were valued at $26.26 at the most recent close of the market. An investor can expect a potential return of 114.39% based on the average DAVA price forecast.
Analyzing the DAVA fundamentals
Trailing Twelve Months sales for Endava plc ADR [NYSE:DAVA] were 932.55M which represents 3.25% growth. Gross Profit Margin for this corporation currently stands at 0.24% with Operating Profit Margin at 0.03%, Pretax Profit Margin comes in at 0.04%, and Net Profit Margin reading is 0.02%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.03 and Total Capital is 0.02. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.32.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 24.98 points at the first support level, and at 23.71 for the second support level. However, for the 1st resistance point, the stock is sitting at 26.94, and for the 2nd resistance point, it is at 27.63.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Endava plc ADR [NYSE:DAVA] is 1.74. Further, the Quick Ratio stands at 1.74, while the Cash Ratio is 0.41. Considering the valuation of this stock, the price to sales ratio is 1.25, the price to book ratio is 1.45 and price to earnings (TTM) ratio is 71.57.
Transactions by insiders
Recent insider trading involved Butcher Patrick, Director, that happened on Sep 30 ’24 when 152.0 shares were purchased. Director, Druskin Ben completed a deal on Sep 30 ’24 to buy 229.0 shares. Meanwhile, Director Hollister Kathryn A bought 140.0 shares on Sep 30 ’24.
