Analysts Set WNS (Holdings) Limited (NYSE:WNS) Price Target at $60.33

WNS (Holdings) Limited (NYSE:WNS) has been assigned a consensus rating of “Moderate Buy” from the six research firms that are presently covering the stock, Marketbeat Ratings reports. Three analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $60.33.

Several research analysts have recently commented on WNS shares. Deutsche Bank Aktiengesellschaft decreased their price objective on WNS from $55.00 to $51.00 and set a “hold” rating on the stock in a research note on Thursday, October 3rd. Barrington Research restated an “outperform” rating and set a $70.00 target price on shares of WNS in a research note on Friday, October 18th. Citigroup set a $55.00 price target on shares of WNS in a research report on Thursday, October 17th. Needham & Company LLC reduced their price objective on shares of WNS from $70.00 to $60.00 and set a “buy” rating for the company in a research note on Friday, October 18th. Finally, JPMorgan Chase & Co. lifted their target price on shares of WNS from $60.00 to $73.00 and gave the company a “neutral” rating in a research note on Friday, September 6th.

Institutional Investors Weigh In On WNS

Several institutional investors and hedge funds have recently modified their holdings of the stock. GAMMA Investing LLC raised its holdings in shares of WNS by 64.1% during the 2nd quarter. GAMMA Investing LLC now owns 635 shares of the business services provider’s stock worth $33,000 after acquiring an additional 248 shares in the last quarter. Legato Capital Management LLC increased its position in WNS by 2.9% in the second quarter. Legato Capital Management LLC now owns 9,156 shares of the business services provider’s stock worth $481,000 after purchasing an additional 259 shares during the last quarter. Inspire Advisors LLC raised 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 valued at $636,000 after purchasing an additional 287 shares in the last quarter. BKM Wealth Management LLC lifted its position in WNS by 2.8% during the third quarter. BKM Wealth Management LLC now owns 10,972 shares of the business services provider’s stock valued at $578,000 after purchasing an additional 298 shares during the last quarter. Finally, EverSource Wealth Advisors LLC grew its stake in shares of WNS by 228.9% in the 2nd 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 Stock Up 1.5 %

Shares of WNS stock opened at $54.65 on Tuesday. The company has a current ratio of 1.62, a quick ratio of 1.62 and a debt-to-equity ratio of 0.23. WNS has a 12 month low of $39.85 and a 12 month high of $72.57. The stock has a market cap of $2.61 billion and a P/E ratio of 21.02. The company has a 50 day simple moving average of $51.46 and a two-hundred day simple moving average of $52.72.

WNS (NYSE:WNS) last posted its quarterly earnings data on Thursday, October 17th. The business services provider reported $0.99 EPS for the quarter, topping the consensus estimate of $0.78 by $0.21. WNS had a return on equity of 22.76% and a net margin of 9.39%. The firm had revenue of $310.70 million during the quarter, compared to analyst estimates of $313.66 million. On average, research analysts expect that WNS will post 3.52 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.