Certainly! Here’s a detailed stock profile for Endava PLC (DAVA):
Company Overview
Name: Endava PLC
Ticker Symbol: DAVA
Industry: Information Technology IT Consulting & Other Services
Headquarters: London, United Kingdom
Founded: 1999
Business Description:
Endava PLC is a global technology services company that provides a range of services, including agile software development, digital transformation, and cloud solutions. The company works with clients across various industries, such as financial services, retail, and healthcare, to help them build and scale digital products and platforms.
Stock Performance
Recent Price Movements:
Last Traded Price: $29.40
52Week High: Not specified
52Week Low: Not specified
Volume: 83.79 million shares
Market Cap: $1.67 billion
P/E Ratio: 30.92
Analyst Ratings and Target Prices
Guggenheim: Maintained a “Buy” rating with a target price of $45.00 (as of September 17, 2024).
Seaport Global : Maintained a “Positive” rating with a target price of $83.00 (as of October 2, 2023).
Needham: Maintained a “Buy” rating with a target price of $68.00 (as of May 24, 2023).
Deutsche Bank : Maintained a “Hold” rating with a target price of $53.00 (as of May 24, 2023).
Financial Highlights
Revenue: Specific recent revenue figures are not provided, but Endava has shown consistent growth in its revenue over the years.
Earnings: Earnings per share (EPS) and other financial metrics are important indicators of the company’s performance. Detailed financial statements and reports can be found on financial platforms like F10 and annual reports.
Key Services
Agile Software Development: Endava helps clients adopt agile methodologies to deliver highquality software faster.
Digital Transformation: The company assists in transforming business models and processes through digital technologies.
Cloud Solutions: Endava provides cloud strategy, migration, and management services to optimize client infrastructure.
Cybersecurity: Offering security solutions to protect against cyber threats and ensure data integrity.
Data Analytics: Helping clients leverage data to make informed decisions and drive innovation.
Market Position
Global Presence: Endava operates globally with offices and delivery centers in multiple countries, including the UK, US, Romania, and others.
Client Base: The company serves a diverse range of clients, from startups to Fortune 500 companies, across various sectors.
Recent Developments
Strategic Partnerships: Endava has formed partnerships with leading technology companies to enhance its service offerings.
Innovative Solutions: The company continues to invest in research and development to stay at the forefront of technological advancements.
Sustainability Initiatives: Endava is committed to sustainable business practices and corporate social responsibility.
Risk Factors
Economic Conditions: Economic downturns can affect client spending on technology services.
Competition: The IT services industry is highly competitive, with many established players and new entrants.
Regulatory Changes: Changes in data protection and privacy regulations can impact the company’s operations.
Conclusion
Endava PLC (DAVA) is a wellestablished player in the IT consulting and services sector, known for its expertise in agile development, digital transformation, and cloud solutions. Despite market volatility, the company continues to receive positive ratings from analysts, indicating strong potential for growth and value creation. Investors should consider the company’s financial health, market position, and strategic initiatives when making investment decisions.
For the most uptodate information, it is recommended to check financial news sources, analyst reports, and the company’s official filings.