is set to release its financial results for the fourth quarter ended June 30, 2023, before the opening bell on Sept. 19, 2023.
Analysts predict that the company’s quarterly earnings will be 56 cents per share, which is lower than the 61 cents per share reported in the same period last year. The company’s revenue is expected to be $233.43 million, compared to $217.44 million in the year-ago period.
Endava shares declined by 2.3% to close at $51.00 on Monday.
Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers have the option to sort by stock ticker, company name, analyst firm, rating change, or other variables.
Let’s take a look at how Benzinga’s most accurate analysts have rated the company recently.
- Morgan Stanley analyst James Faucette maintained an Overweight rating on Endava and raised the price target from $70 to $72 on Sept. 14, 2023. This analyst has an accuracy rate of 57%.
- Deutsche Bank analyst Bryan Keane maintained a Hold rating on the stock and lowered the price target from $78 to $53 on May 24, 2023. This analyst has an accuracy rate of 66%.
- Citigroup analyst Ashwin Shirvaikar maintained a Buy rating on the stock and reduced the price target from $95 to $85 on May 1, 2023. This analyst has an accuracy rate of 64%.
- Wedbush analyst Moshe Katri continued to rate the stock as Outperform and lowered the price target from $120 to $90 on Sept. 28, 2022. This analyst has an accuracy rate of 57%.