WallStreetZenWallStreetZen

How to Buy Endava Stock

Endava PLC

Endava Plc engages in the provision of technology services. The firm using distributed enterprise agile at scale, it collaborates with its clients, integrating with their teams, catalyzing ideation and delivering solutions.

Endava stock last closed at $30.00, down 1.02% from the previous day, and has decreased 47.06% in one year. It has underperformed other stocks in the Software - Infrastructure industry by 0.61 percentage points. Endava stock is currently +1.56% from its 52-week low of $29.54, and -62.99% from its 52-week high of $81.06.

At the moment, there are 58.3M shares of DAVA outstanding. The market capitalization of DAVA is $1.75B. In the last 24 hours, 381,491 DAVA shares were traded.

How to Buy Endava Stock

Not sure how to invest in Endava stock? Here's how.
  1. Choose where to buy Endava stock: You need to choose an online brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you figure out where to buy Endava stock.
  2. Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Put funds into your brokerage account: Select your payment method and add your details.
  4. Research Endava stock: The Endava ticker symbol is DAVA. Is Endava stock a good investment? Should you buy shares of DAVA? How do DAVA's underlying business fundamentals look? Do top analysts think Endava is a good buy? Why has DAVA's stock price moved recently? (Hint: Our stock market research website can help you figure out if DAVA is a good stock to buy).
  5. Execute your DAVA buy order: Decide if you will purchase DAVA shares at the current market price or use a limit order to purchase DAVA stock at a particular price.
  6. Keep tabs on your DAVA investment: Create a watchlist to track your new investment in Endava stock.

Step 1: Choose where to buy Endava stock

You will need an online brokerage account in order to access the NYSE market and buy DAVA shares.

A brokerage account allows you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

Our preferred brokerage: eToro

Based on our analysis, eToro is the best place to buy stocks. Here's why:

  • Invest in stocks with zero commissions: Invest without commissions.
  • Buy fractional shares: Even if you can't afford a full share, you can still buy the stock.
  • Access to world markets: From Technology to Financial Services, New York to Shanghai — you can fill your portfolio with stocks from the globe's leading stock exchanges.
  • Social investing: eToro boasts a community with more than 20 million users worldwide. Talk to, learn from, and copy the crypto trades of top investors.
  • Security: eToro is a regulated and licensed fintech leader.
  • Buy other financial assets: Such as ETFs and cryptocurrencies.

Get $10 towards your stock purchase by creating an account with eToro now.

Open eToro Account
eToro securities trading is offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. https://www.wallstreetzen.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.

Step 2: Create your brokerage account

Now that you've selected the best brokerage, the next step is to fill out some personal info so you can invest in DAVA stock today.

How to Set Up a New Brokerage Account on eToro

  1. Click here to get started.
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
  2. Enter your personal data to start your new brokerage account.
  1. Send your info by clicking the "Create Account" button.
  2. Get started with eToro today
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 3: Put funds into your brokerage account

Now that you've finished signing up on a mobile trading app, you need to deposit funds:

Watch the walkthrough below for more details transferring money into your brokerage account.

Get started with eToro today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Research Endava stock

Once you have chosen the best place to buy Endava stock, it's very important to evaluate their stock prior to buying, so you can wrap your head around the risk and upside.

Overview of key DAVA info

DAVA Price
$30.00
1w %
-0.3%
1y %
-47.06%
5y %
-7.69%
P/E
20.26x
P/B
2.23x
P/S
1.81x
PEG
0.44x
Revenue
$968.73M
Earnings
$86.24M
Fore. Rev. Growth
5.33%
Fore. Earn. Growth
50.6%
Market Cap
$1.75B
Next Earnings
May 20, 2024
Next Dividend
N/A

Endava Overview

WallStreetZen was built to help average investors do more in-depth fundamental analysis.

You can view all of the due diligence checks on DAVA's stock page.

Is DAVA stock properly valued?

You can use a variety of different financial metrics, analyses, models, and charts to gauge DAVA's intrinsic value.

Using relative valuations methods:

  • DAVA could be undervalued based on its P/E ratio of 20.26x, relative to Software - Infrastructure industry P/E ratio of 77.6x
  • DAVA could be undervalued based on its P/B ratio of 2.23x, relative to Software - Infrastructure industry P/B ratio of 11.8x
  • DAVA may be undervalued based on its PEG ratio of 0.44x

You can access more valuation analysis on DAVA's stock here.

DAVA Financials at a glance

Passed Health Checks:

  • DAVA has a low debt to equity ratio of 0.28.
  • Total DAVA debt is lower than 5 years ago, relative to shareholder equity.
  • There are more short-term assets than long-term liabilities on the DAVA balance sheet.
  • DAVA earnings of $97.43M is not sufficient to cover its interest payments.
  • There are more short-term assets than short-term liabilities on the DAVA balance sheet.
  • DAVA's operating cash flow of $139.25M allows it to safely service it's debt of $75.22M.

Failed Health Checks:

  • DAVA profit margin has gone down from 12.5% to 8.9% in the past year.

Is DAVA stock a Buy, Hold, or Sell, according to analysts?

Out of 8 sell side analysts who give recommendations on DAVA, the consensus analyst rating on Endava is a Buy

It's important to note that analyst ratings are not stock recommendations, nor are they financial advice.

Most Recent DAVA Analyst Forecasts

Mayank Tandon, a top 8% analyst from Needham reiterates DAVA with a buy rating and maintains their DAVA price target from $50.00 to $50.00, on Mar 12, 2024.

Bryan Bergin, a top 24% analyst from TD Cowen maintains DAVA with a buy rating and lowers their DAVA price target from $85.00 to $52.00, on Mar 1, 2024.

Phani Kanumuri, a top 39% analyst from HSBC downgrades DAVA to a hold rating and raises their DAVA price target from $68.00 to $80.00, on Jan 8, 2024.

You can dig deeper into what analysts are saying on the Endava stock forecast page.

DAVA Momentum

SMA10
30.37
SMA20
32.84
SMA50
41.94
SMA100
57.45
SMA200
55.84
MACD
-3.39
MACD Signal
-3.85
MACD Histogram
0.46
RSI
23.52
Stochastic %K
7.59
Stochastic %D
6.23
StochRSI %K
62.98
StochRSI %D
37.93

DAVA Performance Metrics

Last year, DAVA earnings were $86.24M. In the past 5 year, DAVA's earnings have increased by 24.51% per year. This was slower than the Software - Infrastructure industry average of 141.57%.

Last year, DAVA revenue was $968.73M. Over the past five year, DAVA's revenue has grown by 24.2% per year. This was faster than the Software - Infrastructure industry average of 17.1%.

Dig into DAVA's earnings and revenue performance here.

What are DAVA insiders up to?

In the last 12 months, executives and large shareholders at DAVA have not bought or sold any shares.

Get more info about who owns DAVA stock here.

Does DAVA stock generate passive income?

No, Endava doesn't provide an income stream by paying out dividends.

DAVA Social Trading Data

One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.

Click below to find out what other investors have to say.

Step 5: Execute your DAVA buy order

You have two main options:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are generally the best for newer investors.
  • Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
    If you want to ensure you're buying or selling at a specific price limit, use a limit order.

Hit the Open button and eToro will place your order.

If you require additional info about investing in stocks on eToro, watch the how to video below:

Open eToro Account

Step 6: Keep tabs on your DAVA investment

Now that you own some DAVA stock, you'll want to stay up-to-date on your shares.

Add DAVA to a watchlist to keep tabs on your DAVA stock.

DAVA Feed

How to Buy Stock in Endava

To summarize, here are the 6 steps for buying Endava stock:

  1. Choose where to buy Endava stock
  2. Create your brokerage account
  3. Put funds into your brokerage account
  4. Research Endava stock
  5. Execute your DAVA buy order
  6. Keep tabs on your DAVA investment

If you need a online brokerage, eToro is our recommended option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to keep an eye on your new investment in Endava, create a watchlist today.

NYSE: DAVA
$30.00-0.31 (-1.02%)
Updated Apr 24, 2024
Open eToro Account
NYSE: DAVA
$30.00-0.31 (-1.02%)
Updated Apr 24, 2024
Open eToro Account

FAQ

How much does it cost to buy one Endava share?

As of Apr 24, 2024, it costs $30.00 to buy one share of Endava stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.333 shares of DAVA.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Endava stock?

According to 8 Wall Street analysts who monitor Endava, their consensus recommendation is to buy Endava stock.

What is the best way to buy Endava stock?

One way to place an order for Endava stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.