What 7 Analyst Ratings Have To Say About Endava
Portfolio Pulse from Benzinga Insights
Endava (NYSE:DAVA) has been analyzed by 7 analysts, showing a mix of bullish and indifferent sentiments. The average 12-month price target is $72.14, slightly up from $72.00. Analyst actions include both raises and lowers in ratings and price targets, reflecting changing market dynamics and company performance. Endava faces challenges with a -3.95% revenue decline, below-average net margin, ROE, and ROA, but maintains a prudent debt management strategy.
March 01, 2024 | 1:01 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Endava has received mixed analyst ratings with an updated average price target of $72.14. The company is facing revenue decline and below-average financial metrics but is recognized for its prudent debt management.
The mixed analyst ratings and slight increase in the average price target suggest a neutral short-term impact on Endava's stock price. The revenue decline and below-average financial metrics indicate challenges, but the company's balanced debt management could mitigate negative perceptions. The overall neutral score reflects these balancing factors.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100