Core Viewpoint - Endava PLC reported quarterly earnings of $0.33 per share, exceeding the Zacks Consensus Estimate of $0.29 per share, but down from $0.49 per share a year ago, indicating a 32.7% year-over-year decline in earnings [1][2] Financial Performance - The company posted revenues of $253.71 million for the quarter ended September 2024, missing the Zacks Consensus Estimate by 2%, and showing a year-over-year increase from $238.57 million [2] - Over the last four quarters, Endava has surpassed consensus EPS estimates two times and topped consensus revenue estimates only once [2] Stock Performance - Endava shares have declined approximately 63.4% since the beginning of the year, contrasting with the S&P 500's gain of 25.8% [3] - The current Zacks Rank for Endava is 3 (Hold), indicating expected performance in line with the market in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.33 on revenues of $263.55 million, and for the current fiscal year, it is $1.50 on revenues of $1.07 billion [7] - The trend of estimate revisions for Endava is mixed, which could change following the recent earnings report [6] Industry Context - The Computers - IT Services industry, to which Endava belongs, is currently ranked in the top 16% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8]

Core Viewpoint - Rosen Law Firm is reminding investors who purchased Endava plc securities during the specified Class Period of the upcoming lead plaintiff deadline for a class action lawsuit [1] Group 1: Class Action Details - The class action lawsuit has been filed against Endava plc, alleging that during the Class Period, the company made false or misleading statements regarding its business performance and prospects [3] - Key allegations include a decline in demand for Endava's services, delays or cancellations of client projects, and adverse effects on the company's fiscal 2023 and 2024 revenue and earnings [3] - Investors are encouraged to join the class action to seek compensation without any out-of-pocket fees through a contingency fee arrangement [1][3] Group 2: Legal Representation - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a proven track record in securities class actions [2] - The firm has achieved significant settlements in the past, including the largest securities class action settlement against a Chinese company and has consistently ranked highly in securities class action settlements [2] - Investors have the option to select their counsel or remain absent from the class action at this stage [4]

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Endava plc regarding a class action lawsuit due to allegations of misleading statements and undisclosed information affecting the company's financial performance during a specified period [1][2]. Group 1: Allegations and Class Period - The class period for the lawsuit is from May 23, 2023, to February 28, 2024 [2]. - Allegations include that the company failed to disclose a decline in demand for its services, project delays or cancellations by clients, and the adverse impact on fiscal 2023 and 2024 revenue and earnings [2]. Group 2: Shareholder Actions - Shareholders are encouraged to register for the class action by the deadline of October 25, 2024, to potentially become lead plaintiffs [2]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case's status [2]. Group 3: Law Firm's Mission - The Gross Law Firm aims to protect investors' rights against deceit and fraud, ensuring companies adhere to responsible business practices [3]. - The firm seeks recovery for investors who suffered losses due to misleading statements or omissions that inflated the company's stock price [3].

Core Viewpoint - Rosen Law Firm is reminding investors who purchased Endava plc securities during the specified Class Period of the upcoming lead plaintiff deadline for a class action lawsuit [1]. Group 1: Class Action Details - The Class Period for the Endava securities is from May 23, 2023, to February 28, 2024 [1]. - Investors may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by October 25, 2024 [1][3]. Group 2: Allegations Against Endava - The lawsuit alleges that during the Class Period, Endava made false or misleading statements regarding the demand for its services, which was reportedly declining [3]. - It is claimed that Endava's clients delayed or canceled projects, adversely affecting the company's fiscal 2023 and 2024 revenue and earnings [3]. - The lawsuit asserts that the positive statements made by Endava about its business operations and prospects were materially misleading and lacked a reasonable basis [3]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest settlement against a Chinese company and being ranked No. 1 for securities class action settlements in 2017 [2]. - The firm has recovered hundreds of millions of dollars for investors, securing over $438 million in 2019 alone [2]. - Founding partner Laurence Rosen was recognized as a Titan of Plaintiffs' Bar by Law360 in 2020, highlighting the firm's expertise in this area [2].

Some tickers are covered more than others on the site, so with The Undercovered Dozen our Editors highlight twelve actionable investment ideas on tickers with less coverage. These ideas can range from "boring" large caps to promising up-and-coming small caps. Specifically, the inclusion criteria for "undercovered" include: market cap greater than $100 million, more than 800 symbol page views in the last 90 days on Seeking Alpha, and fewer than two articles published in the past 30 days. Follow this account ...

NEW YORK, Oct. 14, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Endava plc (NYSE: DAVA). Shareholders who purchased shares of DAVA during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/endava-loss-submission-form/?id=107863&from=4 CLASS PERIOD: May 23, 2023 to February 28, 2024 ...

Endava (NYSE: DAVA ) is a UK small-cap listed on the NYSE, operating in a sector with expected growth higher than the GDP of any country, but currently dealing with a temporary slowdown and higher operating costs compared to some My focus is on identifying businesses that exhibit sustainable growth, operational excellence, and offer attractive valuation opportunities. By combining strategic insights with a deep understanding of market trends, I seek to uncover and invest in high-quality companies that are w ...

NEW YORK, Oct. 10, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Endava plc (NYSE: DAVA). Shareholders who purchased shares of DAVA during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/endava-loss-submission-form/?id=107503&from=4 CLASS PERIOD: May 23, 2023 to February 28, 2024 ...

NEW YORK, Oct. 09, 2024 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Endava plc ("Endava" or the "Company") (NYSE: DAVA) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Endava investors who were adversely affected by alleged securities fraud between May 23, 2023 and February 28, 2024. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/endava-lawsuit-submission-form?prid=10 ...

NEW YORK, Oct. 08, 2024 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Endava plc (NYSE: DAVA). Shareholders who purchased shares of DAVA during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/endava-loss-submission-form/?id=107032&from=3 CLASS PERIOD: May 23, 2023 to February 28, ...