It’s still a bull thesis, just subverted: Endava plc ADR (DAVA)

At the time of writing, Endava plc ADR [DAVA] stock is trading at $14.70, saw in change for the day. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The DAVA shares have lost -0.54% over the last week, with a monthly amount drifted -18.24%, and not 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 May 19, 2025, when JP Morgan downgraded its rating to a Neutral but kept the price target unchanged to $18 for it. Previously, TD Cowen downgraded its rating to Hold on May 15, 2025, and kept the price target unchanged to $17. On November 22, 2024, BofA Securities initiated with a Neutral rating and assigned a price target of $29 on the stock. Redburn Atlantic started tracking the stock assigning a Neutral rating and suggested a price target of $33.10 on May 24, 2024. HSBC Securities upgraded its rating to a Buy but $45 remained the price target by the analyst firm on May 01, 2024. JP Morgan upgraded its rating to Overweight for this stock on March 19, 2024, but kept the price target unchanged to $49. In a note dated March 19, 2024, Guggenheim initiated an Buy rating and provided a target price of $60 on this stock.

For the past year, the stock price of Endava plc ADR fluctuated between $14.32 and $34.94. 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 $14.70 at the most recent close of the market. An investor can expect a potential return of 282.99% based on the average DAVA price forecast.

Analyzing the DAVA fundamentals

According to Endava plc ADR [NYSE:DAVA], the company’s sales were 994.90M for trailing twelve months, which represents an 10.98% jump. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.27.

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 14.47 points at the first support level, and at 14.25 for the second support level. However, for the 1st resistance point, the stock is sitting at 14.92, and for the 2nd resistance point, it is at 15.14.

Ratios To Look Out For

It is important to note that Endava plc ADR [NYSE:DAVA] has a current ratio of 2.18. As well, the Quick Ratio is 1.88, while the Cash Ratio is 0.43. Considering the valuation of this stock, the price to sales ratio is 0.66, the price to book ratio is 0.80 and price to earnings (TTM) ratio is 37.85.

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.

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