A share price of Endava plc ADR [DAVA] is currently trading at $28.50, up 8.08%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The DAVA shares have gain 18.90% over the last week, with a monthly amount glided 15.38%, and seem to be holding up well over a long-time horizon.
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
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 $28.50 at the most recent close of the market. An investor can expect a potential return of 97.54% 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 27.05 points at the first support level, and at 25.60 for the second support level. However, for the 1st resistance point, the stock is sitting at 29.27, and for the 2nd resistance point, it is at 30.04.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Endava plc ADR [NYSE:DAVA] is 1.74. As well, the Quick Ratio is 1.74, while the Cash Ratio is 0.41. Considering the valuation of this stock, the price to sales ratio is 1.36, the price to book ratio is 1.57 and price to earnings (TTM) ratio is 77.68.
Transactions by insiders
Recent insider trading involved Cotterell John, Officer, that happened on Oct 31 ’24 when 23618.0 shares were purchased. Officer, Thurston Mark Stuart completed a deal on Oct 31 ’24 to buy 4895.0 shares. Meanwhile, Officer Cloke Matthew bought 702.0 shares on Oct 31 ’24.
