Endava Stock Buy Hold or Sell Recommendation
| DAVA Stock | USD 28.67 0.19 0.67% |
Given the investment horizon of 90 days and your complete indifference towards market risk, our recommendation regarding Endava is 'Strong Hold'. Macroaxis provides Endava buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Endava positions.
Check out Endava Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For information on how to trade Endava Stock refer to our How to Trade Endava Stock guide. In addition, we conduct extensive research on individual companies such as Endava and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Endava. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
Endava |
Execute Endava Buy or Sell Advice
The Endava recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Endava. Macroaxis does not own or have any residual interests in Endava or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Endava's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Endava Trading Alerts and Improvement Suggestions
| Endava generated a negative expected return over the last 90 days | |
| Endava has high historical volatility and very poor performance | |
| Over 81.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from thelincolnianonline.com: Endava Coverage Initiated at Bank of America |
Endava Returns Distribution Density
The distribution of Endava's historical returns is an attempt to chart the uncertainty of Endava's future price movements. The chart of the probability distribution of Endava daily returns describes the distribution of returns around its average expected value. We use Endava price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Endava returns is essential to provide solid investment advice for Endava.
| Mean Return | -0.02 | Value At Risk | -4.81 | Potential Upside | 6.11 | Standard Deviation | 3.13 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Endava historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Endava Stock Institutional Investors
| Shares | Bamco Inc | 2024-09-30 | 851.6 K | Ensign Peak Advisors Inc | 2024-09-30 | 840.1 K | Grandeur Peak Global Advisors, Llc | 2024-09-30 | 803.3 K | Df Dent & Co Inc | 2024-06-30 | 758.2 K | Paradice Investment Management Llc | 2024-09-30 | 749.2 K | Massachusetts Financial Services Company | 2024-09-30 | 601.9 K | Millennium Management Llc | 2024-06-30 | 571 K | Fidelity International Ltd | 2024-06-30 | 540.7 K | Rathbone Brothers Plc | 2024-06-30 | 431.1 K | Kayne Anderson Rudnick Investment Management Llc | 2024-06-30 | 4 M | Amvescap Plc. | 2024-06-30 | 3.1 M |
Endava Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 31.2M | (31.4M) | 92.9M | 1.9M | (102.3M) | (97.2M) | |
| Free Cash Flow | 30.4M | 82.2M | 106.8M | 110.8M | 48.9M | 43.9M | |
| Depreciation | 18.7M | 25.1M | 29.0M | 32.9M | 38.9M | 40.9M | |
| Other Non Cash Items | (11.6M) | 5.8M | (23.9M) | (37.6M) | (21.8M) | (20.7M) | |
| Capital Expenditures | 9.9M | 6.1M | 14.0M | 13.7M | 5.5M | 7.0M | |
| Net Income | 21.4M | 43.4M | 83.1M | 94.2M | 17.1M | 33.2M | |
| End Period Cash Flow | 101.3M | 69.9M | 162.8M | 164.7M | 62.4M | 66.0M | |
| Investments | (29.7M) | (107.1M) | (23.9M) | (110.9M) | (290.3M) | (275.8M) | |
| Net Borrowings | (10.2M) | (11.3M) | (13.2M) | (13.0M) | (11.7M) | (11.2M) | |
| Change To Netincome | 7.9M | 42.8M | 19.6M | 13.4M | 15.4M | 10.7M |
Endava Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Endava or IT Services sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Endava's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Endava stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.22 | |
β | Beta against Dow Jones | 1.58 | |
σ | Overall volatility | 3.12 | |
Ir | Information ratio | -0.05 |
Endava Volatility Alert
Endava exhibits very low volatility with skewness of 0.24 and kurtosis of 0.34. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Endava's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Endava's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Endava Fundamentals Vs Peers
Comparing Endava's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Endava's direct or indirect competition across all of the common fundamentals between Endava and the related equities. This way, we can detect undervalued stocks with similar characteristics as Endava or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Endava's fundamental indicators could also be used in its relative valuation, which is a method of valuing Endava by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Endava to competition |
| Fundamentals | Endava | Peer Average |
| Return On Equity | 0.0283 | -0.31 |
| Return On Asset | 0.024 | -0.14 |
| Profit Margin | 0.02 % | (1.27) % |
| Operating Margin | 0.08 % | (5.51) % |
| Current Valuation | 1.87 B | 16.62 B |
| Shares Outstanding | 45.38 M | 571.82 M |
| Shares Owned By Insiders | 0.57 % | 10.09 % |
| Shares Owned By Institutions | 81.09 % | 39.21 % |
| Number Of Shares Shorted | 1.13 M | 4.71 M |
| Price To Earning | 40.83 X | 28.72 X |
| Price To Book | 2.16 X | 9.51 X |
| Price To Sales | 2.30 X | 11.42 X |
| Revenue | 740.76 M | 9.43 B |
| Gross Profit | 269.58 M | 27.38 B |
| EBITDA | 72.19 M | 3.9 B |
| Net Income | 17.12 M | 570.98 M |
| Cash And Equivalents | 182.4 M | 2.7 B |
| Cash Per Share | 3.28 X | 5.01 X |
| Total Debt | 202.76 M | 5.32 B |
| Debt To Equity | 0.13 % | 48.70 % |
| Current Ratio | 2.67 X | 2.16 X |
| Book Value Per Share | 10.84 X | 1.93 K |
| Cash Flow From Operations | 54.39 M | 971.22 M |
| Short Ratio | 1.60 X | 4.00 X |
| Earnings Per Share | 0.15 X | 3.12 X |
| Price To Earnings To Growth | 0.99 X | 4.89 X |
| Target Price | 29.48 | |
| Number Of Employees | 12.09 K | 18.84 K |
| Beta | 1.22 | -0.15 |
| Market Capitalization | 1.7 B | 19.03 B |
| Total Asset | 1.01 B | 29.47 B |
| Retained Earnings | 573.64 M | 9.33 B |
| Working Capital | 113.76 M | 1.48 B |
Endava Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Endava . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Endava Buy or Sell Advice
When is the right time to buy or sell Endava? Buying financial instruments such as Endava Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Endava in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Long/short ETFs Thematic Idea Now
Long/short ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Long/short ETFs theme has 24 constituents at this time.
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Check out Endava Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For information on how to trade Endava Stock refer to our How to Trade Endava Stock guide.You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Is IT Consulting & Other Services space 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 0.15 | Revenue Per Share 12.702 | Quarterly Revenue Growth 0.024 | Return On Equity 0.0283 |
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.