WNS (Holdings) Limited (NYSE:WNS) Receives $65.00 Average Target Price from Analysts

WNS (Holdings) Limited (NYSE:WNS) has been given a consensus rating of “Moderate Buy” by the six analysts that are currently covering the firm, Marketbeat reports. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 12 month price objective among brokerages that have covered the stock in the last year is $65.00.

A number of equities analysts have recently commented on the stock. Needham & Company LLC lifted their price target on shares of WNS from $60.00 to $70.00 and gave the company a “buy” rating in a research report on Friday, July 19th. Deutsche Bank Aktiengesellschaft dropped their price target on shares of WNS from $55.00 to $51.00 and set a “hold” rating on the stock in a research report on Thursday, October 3rd. JPMorgan Chase & Co. lifted their price target on shares of WNS from $60.00 to $73.00 and gave the company a “neutral” rating in a research report on Friday, September 6th. Finally, Barrington Research reaffirmed an “outperform” rating and set a $70.00 target price on shares of WNS in a research report on Thursday, August 22nd.

Hedge Funds Weigh In On WNS

A number of institutional investors and hedge funds have recently bought and sold shares of WNS. Azzad Asset Management Inc. ADV boosted its stake in WNS by 2.2% during the first quarter. Azzad Asset Management Inc. ADV now owns 11,540 shares of the business services provider’s stock worth $583,000 after buying an additional 245 shares in the last quarter. GAMMA Investing LLC boosted its stake in WNS by 64.1% during the second quarter. GAMMA Investing LLC now owns 635 shares of the business services provider’s stock worth $33,000 after buying an additional 248 shares in the last quarter. Legato Capital Management LLC boosted its stake in WNS by 2.9% during the second quarter. Legato Capital Management LLC now owns 9,156 shares of the business services provider’s stock worth $481,000 after buying an additional 259 shares in the last quarter. Inspire Advisors LLC boosted its stake in WNS by 2.3% during the first quarter. Inspire Advisors LLC now owns 12,579 shares of the business services provider’s stock worth $636,000 after buying an additional 287 shares in the last quarter. Finally, EverSource Wealth Advisors LLC boosted its stake in WNS by 228.9% during the second quarter. EverSource Wealth Advisors LLC now owns 523 shares of the business services provider’s stock worth $27,000 after buying an additional 364 shares in the last quarter. Institutional investors own 97.36% of the company’s stock.

WNS Price Performance

Shares of WNS opened at $47.64 on Friday. The firm has a market cap of $2.28 billion and a PE ratio of 16.77. The firm’s 50 day moving average price is $55.50 and its 200 day moving average price is $52.85. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.60 and a current ratio of 1.60. WNS has a twelve month low of $39.85 and a twelve month high of $72.57.

WNS (NYSE:WNS) last issued its quarterly earnings data on Thursday, July 18th. The business services provider reported $0.93 earnings per share for the quarter, beating the consensus estimate of $0.91 by $0.02. The firm had revenue of $312.40 million for the quarter, compared to analyst estimates of $310.49 million. WNS had a net margin of 10.52% and a return on equity of 22.05%. The company’s revenue for the quarter was down 1.6% on a year-over-year basis. During the same quarter last year, the firm earned $0.76 earnings per share. As a group, research analysts expect that WNS will post 3.71 EPS for the current fiscal 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.