WNS (Holdings) Limited (NYSE:WNS) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of WNS (Holdings) Limited (NYSE:WNS) have been assigned a consensus recommendation of “Moderate Buy” from the eight analysts that are currently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average 12-month target price among brokerages that have covered the stock in the last year is $71.11.

A number of brokerages recently commented on WNS. TD Cowen decreased their target price on WNS from $70.00 to $64.00 and set a “buy” rating on the stock in a report on Friday, April 26th. Needham & Company LLC decreased their target price on WNS from $80.00 to $60.00 and set a “buy” rating on the stock in a report on Thursday, April 25th. Citigroup decreased their target price on WNS from $80.00 to $62.00 and set a “buy” rating on the stock in a report on Monday, April 22nd. Barrington Research reaffirmed an “outperform” rating and issued a $60.00 target price on shares of WNS in a report on Tuesday, May 28th. Finally, StockNews.com cut WNS from a “buy” rating to a “hold” rating in a report on Tuesday, April 2nd.

Institutional Investors Weigh In On WNS

A number of institutional investors and hedge funds have recently bought and sold shares of WNS. GAMMA Investing LLC raised its holdings in WNS by 64.1% during the second quarter. GAMMA Investing LLC now owns 635 shares of the business services provider’s stock valued at $33,000 after acquiring an additional 248 shares during the period. BI Asset Management Fondsmaeglerselskab A S bought a new stake in WNS during the first quarter valued at about $38,000. Lindbrook Capital LLC increased its holdings in shares of WNS by 33.0% in the fourth quarter. Lindbrook Capital LLC now owns 754 shares of the business services provider’s stock worth $48,000 after purchasing an additional 187 shares during the last quarter. CWM LLC increased its holdings in shares of WNS by 490.6% in the fourth quarter. CWM LLC now owns 756 shares of the business services provider’s stock worth $48,000 after purchasing an additional 628 shares during the last quarter. Finally, Parallel Advisors LLC increased its holdings in shares of WNS by 30.4% in the fourth quarter. Parallel Advisors LLC now owns 841 shares of the business services provider’s stock worth $53,000 after purchasing an additional 196 shares during the last quarter. 97.36% of the stock is owned by institutional investors.

WNS Stock Performance

WNS stock opened at $53.19 on Wednesday. The company has a market cap of $2.54 billion and a P/E ratio of 18.80. WNS has a 1 year low of $39.85 and a 1 year high of $75.12. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.71 and a quick ratio of 1.71. The stock’s fifty day moving average price is $49.92 and its 200-day moving average price is $55.50.

WNS (NYSE:WNS) last released its quarterly earnings results on Thursday, April 25th. The business services provider reported $0.96 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.85 by $0.11. The firm had revenue of $325.90 million for the quarter, compared to the consensus estimate of $322.92 million. WNS had a return on equity of 22.23% and a net margin of 10.59%. On average, equities analysts forecast that WNS will post 3.62 earnings per share for the current year.

About WNS

WNS (Holdings) Limited, a business process management (BPM) company, provides data, voice, analytical, and business transformation services worldwide. The company operates through TSLU, MRHP, HCLS, and BFSI segments. It engages in diversified business, including manufacturing, retail, consumer packaged goods, media and entertainment, and telecommunication; travel and leisure, utilities, shipping, and logistics; healthcare and life sciences; banking, financial services, and insurance; and Hi-tech and professional services, as well as procurement.