WNS (Holdings) Limited (NYSE:WNS) Receives $60.33 Consensus PT from Analysts

WNS (Holdings) Limited (NYSE:WNS) has been given a consensus recommendation of “Moderate Buy” by the six brokerages that are covering the firm, Marketbeat.com reports. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1 year price target among analysts that have covered the stock in the last year is $60.33.

A number of research analysts recently commented on WNS shares. Barrington Research reaffirmed an “outperform” rating and issued a $70.00 price target on shares of WNS in a report on Friday, October 18th. Needham & Company LLC lowered their target price 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. Citigroup set a $55.00 target price on shares of WNS in a research report on Thursday, October 17th. JPMorgan Chase & Co. raised their price target on WNS from $60.00 to $73.00 and gave the company a “neutral” rating in a research note on Friday, September 6th. Finally, TD Cowen downgraded shares of WNS from a “buy” rating to a “hold” rating and dropped their price objective for the company from $64.00 to $53.00 in a research note on Thursday, October 17th.

Institutional Investors Weigh In On WNS

Several institutional investors have recently added to or reduced their stakes in WNS. Virtu Financial LLC raised its stake in shares of WNS by 10.1% during the 1st quarter. Virtu Financial LLC now owns 4,094 shares of the business services provider’s stock valued at $207,000 after buying an additional 375 shares during the last quarter. GAMMA Investing LLC boosted its position 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 acquiring an additional 248 shares during the last quarter. Harbor Capital Advisors Inc. grew its position in shares of WNS by 406.0% in the second quarter. Harbor Capital Advisors Inc. now owns 36,948 shares of the business services provider’s stock valued at $1,940,000 after purchasing an additional 29,646 shares in the last quarter. Mendota Financial Group LLC increased its holdings in shares of WNS by 19.7% in the second quarter. Mendota Financial Group LLC now owns 2,759 shares of the business services provider’s stock valued at $145,000 after purchasing an additional 454 shares during the last quarter. Finally, Hunter Perkins Capital Management LLC acquired a new stake in shares of WNS in the 2nd quarter worth $387,000. Institutional investors and hedge funds own 97.36% of the company’s stock.

WNS Trading Down 1.3 %

WNS stock opened at $53.50 on Friday. The stock has a market cap of $2.56 billion and a P/E ratio of 20.58. WNS has a 1 year low of $39.85 and a 1 year high of $72.57. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.62 and a quick ratio of 1.62. The firm’s 50 day moving average price is $50.29 and its 200-day moving average price is $53.42.

WNS (NYSE:WNS) last released its quarterly earnings data on Thursday, October 17th. The business services provider reported $0.99 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.78 by $0.21. WNS had a return on equity of 22.76% and a net margin of 9.39%. The business had revenue of $310.70 million for the quarter, compared to the consensus estimate of $313.66 million. On average, equities analysts predict that WNS will post 3.52 earnings per share for the current fiscal year.

WNS Company Profile

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.