Endava Stock In The News

DAVA Stock  USD 29.65  0.27  0.90%   
The overall news coverage of Endava from major news outlets shows bullish sentiment on 11 news articles, blog posts, and TV commentaries analyzed in the last few months. Our overall analysis of Endava's news coverage and content from conventional and social sources shows investors' bearish mood towards Endava. The specific impact of Endava news on its stock price will depend on a range of factors, including the nature and significance of the news report and investors' perceptions of Endava's overall financial health and prospects. It also depends on the type and quality of a news publisher.
  
Some academic researchers believe in a strong correlation between financial news and their impacts on the movements of stock prices. Macroaxis does not take a position on this subject and only provides tools that can help investors to time the market using Endava headlines in addition to utilizing other, more conventional financial analysis modules. Check out Endava Backtesting and Endava Hype Analysis.
For information on how to trade Endava Stock refer to our How to Trade Endava Stock guide.

Endava Today Top News and Investor Outlook

Yahoo News
Endava plc (DAVA) Was Down 40% in Q1
https://finance.yahoo.com/news/endava-plc-dava-down-40-143022873.html
 Bullish
Yahoo News
Endava Completes Acquisition of GalaxE Solutions
https://finance.yahoo.com/news/endava-completes-acquisition-galaxe-solutions-211500684.html
 Bullish
Yahoo News
Why Endava plc (NYSE:DAVA) Could Be Worth Watching
https://finance.yahoo.com/news/why-endava-plc-nyse-dava-184347435.html
 Bullish
Yahoo News
15 Biggest Software Companies in the UK
https://finance.yahoo.com/news/15-biggest-software-companies-uk-224427659.html
 Bullish
Yahoo News
‘The Tip of the Spear’: These 2 IT Service Stocks Are Poised to Benefit From an AI-Driven Technology Cycle, Says Analyst
https://finance.yahoo.com/news/tip-spear-2-stocks-poised-132638079.html
 Bullish
Yahoo News
The 3 Most Undervalued Growth Stocks to Buy in March 2024
https://finance.yahoo.com/news/3-most-undervalued-growth-stocks-210000351.html
 Bullish
sbwire news
The 3 Most Undervalued Growth Stocks to Buy in March 2024
https://investorplace.com/2024/03/the-3-most-undervalued-growth-stocks-to-buy-in-march-2024/
 Neutral
sbwire news
3 Stocks Set to Double: Your Fast Track to 2024 Gains
https://investorplace.com/2024/03/3-stocks-set-to-double-your-fast-track-to-2024-gains/
 Neutral
Yahoo News
Do You Believe in the Growth Prospects of Endava plc (DAVA)?
https://finance.yahoo.com/news/believe-growth-prospects-endava-plc-105613617.html
 Bullish
Yahoo News
Endava Second Quarter 2024 Earnings: EPS Misses Expectations
https://finance.yahoo.com/news/endava-second-quarter-2024-earnings-125530968.html
 Neutral

Endava Past News Timeline

Popular news outlets such as MarketWatch, Bloomberg, or Reuters provide Endava and other traded companies coverage. We help investors stay connected with Endava headlines for the 23rd of April to make an informed investment decision based on correlating the impacts of news items on Endava Stock performance. Please note that trading solely based on the Endava hype is not for everyone as timely availability and quick action are needed to avoid losses.
Endava's linear event process diagram shows some of the filtered current and past headlines as well as many other corporate-specific events such as SEC filings, dividends, and regulatory reporting available to the public. This module can help Endava investors visualize upcoming and past events in order to time the market based on Endava noise-free hype analysis.
Endava stock price changes are notoriously difficult to predict based exclusively on its news coverage or social hype. Still, the Endava earnings-per-share ratio is a good starting point for gauging a company's future prospects. If a firm's EPS rises and meets or even beats consensus forecasts, its shares stand to increase. However, some very sophisticated investors can spot management manipulation of EPS through actions such as buybacks.
Far too much social signal, news, headlines, and media speculation about Endava that are available to investors today. That information is available publicly through Endava media outlets and privately through word of mouth or via Endava internal channels. However, regardless of the origin, that massive amount of Endava data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Endava news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Endava relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Endava's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Endava alpha.

Endava Largest EPS Surprises

Earnings surprises can significantly impact Endava's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2019-05-21
2019-03-3116.7119.02.2913 
2019-09-25
2019-06-3017.6620.02.3413 
2019-11-19
2019-09-3021.2124.02.7913 
2021-02-17
2020-12-3126.1329.02.8710 
2020-11-12
2020-09-3021.7926.04.2119 
2019-02-28
2018-12-3115.7220.04.2827 
View All Earnings Estimates

Endava Stock Latest Headlines

Some academic researchers believe in a strong correlation between financial news and their impacts on the movements of stock prices. Macroaxis does not take a position on this subject and only provides tools that can help investors to time the market using conventional financial analysis. Below is the latest headlines and news related to Endava Stock. Current markets are strongly bullish. About 76% of major world exchanges and indexes are currently up. See today's market update for more information.
Yahoo News
22nd of April 2024
Endava plc Was Down 40 percent in Q1
at finance.yahoo.com 
businesswire News
10th of April 2024
Endava Completes Acquisition of GalaxE Solutions
at businesswire.com 
Simply Wall St News at Macroaxis
4th of April 2024
Should You Investigate Endava plc At US35.00
at simplywall.st 
Yahoo News
26th of March 2024
Despite delivering investors losses of 53 percent over the past 3 years, Endava has been g...
at finance.yahoo.com 
Yahoo News
20th of March 2024
Do you Think Endava will Benefit From an Improved Demand Environment
at finance.yahoo.com 
benzinga news
19th of March 2024
Endava Analyst Turns Bullish After Investor Lunch Stock Is Much More Attractive
at benzinga.com 
Google News at Macroaxis
12th of March 2024
Endava stock target cut to 66 on IT services sector weakness By Investing.com - Investing....
at news.google.com 
Google News at Macroaxis
6th of March 2024
How Does Endava PLC - ADR Stock Rank on Wall Street Wednesday - InvestorsObserver
at news.google.com 
news
4th of March 2024
Citigroup Reaffirms Neutral Rating for Endava
at thelincolnianonline.com 

Endava Investors Sentiment

The influence of Endava's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Endava. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Endava's public news can be used to forecast risks associated with an investment in Endava. The trend in average sentiment can be used to explain how an investor holding Endava can time the market purely based on public headlines and social activities around Endava. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Endava's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Endava's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Endava's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Endava.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Endava in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Endava's short interest history, or implied volatility extrapolated from Endava options trading.
When determining whether Endava offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Endava's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Endava Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Endava Stock:
Check out Endava Backtesting and Endava Hype Analysis.
For information on how to trade Endava Stock refer to our How to Trade Endava Stock guide.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

Complementary Tools for Endava Stock analysis

When running Endava's price analysis, check to measure Endava's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Endava is operating at the current time. Most of Endava's value examination focuses on studying past and present price action to predict the probability of Endava's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Endava's price. Additionally, you may evaluate how the addition of Endava to your portfolios can decrease your overall portfolio volatility.
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Is Endava's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Endava. If investors know Endava will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Endava listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.46)
Earnings Share
1.44
Revenue Per Share
13.221
Quarterly Revenue Growth
(0.11)
Return On Assets
0.069
The market value of Endava is measured differently than its book value, which is the value of Endava that is recorded on the company's balance sheet. Investors also form their own opinion of Endava's value that differs from its market value or its book value, called intrinsic value, which is Endava's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Endava's market value can be influenced by many factors that don't directly affect Endava's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Endava's value and its price as these two are different measures arrived at by different means. Investors typically determine if Endava is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Endava's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.