Endava plc ADR [DAVA] stock is trading at $19.94, up 4.29%. An important factor to consider is whether the stock is rising or falling in short-term value. The DAVA shares have gain 9.02% over the last week, with a monthly amount glided 17.57%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Endava plc ADR [NYSE: DAVA] stock has seen the most recent analyst activity on November 22, 2024, when BofA Securities initiated its Neutral rating and assigned the stock a price target of $29. Previously, Redburn Atlantic started tracking the stock with Neutral rating on May 24, 2024, and set its price target to $33.10. On May 01, 2024, upgrade upgraded it’s rating to Buy but maintained its price target of $45 on the stock. JP Morgan upgraded its rating to a Overweight but stick to its price target of $49 on March 19, 2024. Guggenheim initiated its recommendation with a Buy and recommended $60 as its price target on March 19, 2024. Citigroup downgraded its rating to Neutral for this stock on March 01, 2024, and downed its price target to $40. In a note dated January 24, 2024, Morgan Stanley downgraded an Equal-Weight rating on this stock and boosted its target price from $68 to $80.
Endava plc ADR [DAVA] stock has fluctuated between $16.60 and $34.94 over the past year. 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 $19.94 at the most recent close of the market. An investor can expect a potential return of 182.35% based on the average DAVA price forecast.
Analyzing the DAVA fundamentals
Endava plc ADR [NYSE:DAVA] reported sales of 970.62M for the trailing twelve months, which represents a growth of 10.08%. Gross Profit Margin for this corporation currently stands at 0.23% with Operating Profit Margin at 0.01%, Pretax Profit Margin comes in at 0.01%, and Net Profit Margin reading is 0.01%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.01 and Total Capital is 0.01. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.27.
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 19.23 points at the first support level, and at 18.51 for the second support level. However, for the 1st resistance point, the stock is sitting at 20.73, and for the 2nd resistance point, it is at 21.51.
Ratios To Look Out For
For context, Endava plc ADR’s Current Ratio is 1.88. On the other hand, the Quick Ratio is 1.88, and the Cash Ratio is 0.43. Considering the valuation of this stock, the price to sales ratio is 0.91, the price to book ratio is 1.08 and price to earnings (TTM) ratio is 167.85.
Transactions by insiders
Recent insider trading involved Druskin Ben, Director, that happened on Dec 24 ’24 when 215.0 shares were purchased. Director, Butcher Patrick completed a deal on Dec 31 ’24 to buy 145.0 shares. Meanwhile, Director Hollister Kathryn A bought 140.0 shares on Dec 31 ’24.
