<div id="readability-page-1"><p>Endava plc (NYSE:DAVA - Get Free Report) shares hit a new 52-week low during mid-day trading on Thursday following a dissappointing earnings announcement. The company traded as low as $14.50 and last traded at $15.60, with a volume of 6931065 shares traded. The stock had previously closed at $21.41.</p><ul><li>Globant Is an Emerging AI Play That’s Expanding Its Footprint </li></ul><p>The company reported $0.32 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.38 by ($0.06). Endava had a net margin of 0.74% and a return on equity of 0.89%. </p><h2>Wall Street Analysts Forecast Growth</h2><p>Several analysts have commented on the company. Guggenheim reduced their price objective on Endava from $40.00 to $28.00 and set a &#34;buy&#34; rating for the company in a research note on Tuesday. Morgan Stanley increased their target price on Endava from $33.00 to $35.00 and gave the stock an &#34;equal weight&#34; rating in a research note on Friday, January 31st. Susquehanna cut their target price on Endava from $55.00 to $50.00 and set a &#34;positive&#34; rating for the company in a research note on Friday, February 21st. Finally, Needham &amp; Company LLC cut their target price on Endava from $43.00 to $38.00 and set a &#34;buy&#34; rating for the company in a research note on Friday, February 21st. Four investment analysts have rated the stock with a hold rating and six have given a buy rating to the company's stock. According to data from MarketBeat.com, Endava presently has an average rating of &#34;Moderate Buy&#34; and a consensus target price of $37.31.</p><ul><li>Endava Trading Higher After Topping Q4 Consensus Views </li></ul><p><b>View Our Latest Analysis on Endava</b></p><h2>Institutional Investors Weigh In On Endava</h2><p>Large investors have recently bought and sold shares of the stock. Quantbot Technologies LP acquired a new stake in  Endava during the 1st quarter valued at $25,000.  Assetmark Inc. grew its stake in  Endava by 93.1% during the fourth quarter. Assetmark Inc. now owns 985 shares of the company's stock worth $30,000 after buying an additional 475 shares during the period.  Blue Trust Inc. boosted its position in shares of  Endava by 28.5% in the fourth quarter. Blue Trust Inc. now owns 1,494 shares of the company's stock worth $46,000 after buying an additional 331 shares during the period.  Quadrant Capital Group LLC boosted its position in shares of  Endava by 114.2% in the fourth quarter. Quadrant Capital Group LLC now owns 1,474 shares of the company's stock worth $46,000 after buying an additional 786 shares during the period.  Finally, Smartleaf Asset Management LLC boosted its position in shares of  Endava by 23.5% in the first quarter. Smartleaf Asset Management LLC now owns 3,620 shares of the company's stock worth $72,000 after buying an additional 689 shares during the period. Institutional investors and hedge funds own  62.23% of the company's stock. </p><h2>Endava Price Performance</h2><p>The company has a 50-day moving average price of $19.26 and a two-hundred day moving average price of $25.85. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.90 and a quick ratio of 1.90. The company has a market cap of $920.88 million, a PE ratio of 141.82, a P/E/G ratio of 2.26 and a beta of 1.25. </p><h2>About Endava</h2> (Get Free Report)<p>Endava plc provides technology services for clients in the consumer products, healthcare, mobility, and retail verticals in North America, Europe, the United Kingdom, and internationally. It offers ideation and production services in the payments and financial services, telecommunications, media, and technology verticals; and business analysis, data analytics, program management, digital product strategy, private equity value enhancement, IT strategy, architecture, extended reality, machine learning and artificial intelligence, product design, and user experience and visual design services.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than Endava</li><li>Insider Trades May Not Tell You What You Think</li><li>SMCI Stock Rally: 45% Gain in 2 Days Could Be Just the Start</li><li>Are Penny Stocks a Good Fit for Your Portfolio?</li><li>AMD’s AI-Powered Stock Price Rally Just Shifted Gears</li><li>Top Biotech Stocks: Exploring Innovation Opportunities</li><li>5 Hot Small-Cap Insiders Bought at the Peak of Tariff Fears</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Endava Right Now?</h2><p>Before you consider Endava, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Endava wasn't on the list.</p><p>While Endava currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

DAVA

<p>Endava plc (NYSE:DAVA) shares reached a new 52-week low of $14.50 after reporting disappointing earnings of $0.32 per share, missing estimates of $0.38. The stock last traded at $15.60, down from a previous close of $21.41. Analysts have adjusted their price targets, with Guggenheim lowering it to $28.00 and Morgan Stanley raising it to $35.00. Institutional investors own 62.23% of the company, which has a market cap of $920.88 million and a PE ratio of 141.82.</p>

Endava (NYSE:DAVA) Sets New 1-Year Low After Earnings Miss