Endava (DAVA) provides technology services for clients in the consumer products, healthcare, logistics, and retail verticals in Europe, Latin America, and North America.
It offers technology and digital advisory services for financial services, healthcare, manufacturing, retail and consumer, business and support services, and TMT sectors; IT strategies; business analysis services in payments, financial services, asset and wealth management, insurance, telecommunications, and digital media areas; program management services; digital product strategy services; and architecture, extended reality, machine learning and artificial intelligence, product design, and user experience and visual design services.
The company also engages in the identifying, defining, and embedding collaborative data and analytics; and provision of automated testing, cloud native software engineering, continuous delivery, distributed agile delivery, intelligent automation, secure development, agile applications management, cloud infrastructure, DevSecOps, service delivery, smart desk, and telemetry and monitoring services.
The company was founded in 2000 and is headquartered in London, United Kingdom.
Endava reported 3rd Quarter March 2021 earnings of $0.32 per share on revenue of $154.8 million. The consensus earnings estimate was $0.25 per share on revenue of $154.5 million. Revenue grew 31.1% on a year-over-year basis.
The company said it expects fourth quarter earnings of $0.48 to $0.51 per share on revenue of $183.89 million to $186.72 million. The current consensus earnings estimate is $0.26 per share on revenue of $157.72 million for the quarter ending June 30, 2021.
Endava was able to grow EPS by 38% in the last twelve months. The share price gain of 139% certainly outpaced the EPS growth, which means share prices should be heading along its"upward trading channel" formation.
Entry Point: $118.00
Stop Loss: $112.25
Trading Range: $48.21 - $120.27
Target Price: $129.00
DAVA closed at $129