DAVA Stock Recent News
DAVA LATEST HEADLINES
Endava plc has the potential for organic growth of over 20% in the long term due to its focus on digital engineering and transformation services. The company's strong client relationships and vertical mix, particularly in financial services and TMT, position it well for sustained growth. Despite near-term challenges, the stock is trading at a modest P/E multiple compared to peers, making it an attractive investment in the digital transformation services market.
I believe artificial intelligence is experiencing a speculative bubble, similar to the dot-com bubble, leading to inflated prices for AI-related companies. Endava, an IT consulting company focused on digital transformation, presents an interesting investment opportunity in the AI field. Endava's differentiated strategy, strong financial performance, and potential for growth in the digital transformation market make it an attractive investment option.
Endava (DAVA) expands its presence in the Asia Pacific region with the acquisition of DEK.
Endava has acquired DEK to further its diversification and expansion in the Asia Pacific (APAC) region. With the addition of DEK, Endava will gain expertise spanning several industry sectors and extend its reach in the APAC region, Endava said in a Friday (June 9) press release.
The market is on a winning streak lately, with growth companies leading the way. This has reduced the number of undervalued tech stocks out there, no doubt.
Despite inflation, rising interest rates, and the recently solved debt ceiling crisis, the stock market has had a solid 2023. With that being the case, investors are looking for bargains amid a rising market.
Endava (DAVA) and Vipshop (VIPS) are worthy of investors' consideration as they offer foreign exposure to strong business industries at the moment.
Endava PLC Sponsored ADR (DAVA) came out with quarterly earnings of $0.72 per share, beating the Zacks Consensus Estimate of $0.65 per share. This compares to earnings of $0.64 per share a year ago.
The Wasatch International Growth (Trades, Portfolio) Fund released its first-quarter portfolio update, revealing its top buys included a new position in Stabilus SE ( XTER:STM , Financial) and boosts to its holdings of Pet Valu Holdings Ltd. ( TSX:PET , Financial), Canada Goose Holdings Inc. ( TSX:GOOS , Financial), Rakus Co. Ltd.
LONDON--(BUSINESS WIRE)--Endava (NYSE: DAVA), a leading next-generation technology services provider, today announced it will release results for the third quarter ended March 31, 2023, on Tuesday May 23, 2023 before the opening of regular U.S. market hours. Following the release, John Cotterell, Endava's CEO and Mark Thurston, Endava's CFO, will discuss the results in a conference call beginning at 8:00 am ET. Conference call access information is: Participant Toll Free Dial-In Number: 1-866-6.