WNS (NYSE:WNS) Stock Price Expected to Rise, Barrington Research Analyst Says

WNS (NYSE:WNS) had its target price lifted by research analysts at Barrington Research from $63.00 to $75.00 in a research note issued on Wednesday,Benzinga reports. The brokerage presently has an “outperform” rating on the business services provider’s stock. Barrington Research’s price target points to a potential upside of 16.72% from the stock’s current price.

A number of other research firms also recently issued reports on WNS. Robert W. Baird increased their target price on shares of WNS from $58.00 to $66.00 and gave the stock an “outperform” rating in a research report on Friday, January 24th. StockNews.com raised shares of WNS from a “hold” rating to a “buy” rating in a research report on Friday, January 24th. Needham & Company LLC upped their price target on shares of WNS from $65.00 to $70.00 and gave the stock a “buy” rating in a research report on Tuesday, March 11th. Finally, Jefferies Financial Group cut their price objective on WNS from $60.00 to $55.00 and set a “buy” rating on the stock in a research report on Tuesday, January 21st. Three investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat, WNS presently has an average rating of “Moderate Buy” and an average price target of $62.25.

WNS Stock Performance

Shares of WNS stock opened at $64.26 on Wednesday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.81 and a current ratio of 1.81. The firm has a market capitalization of $2.97 billion, a price-to-earnings ratio of 22.47, a price-to-earnings-growth ratio of 2.10 and a beta of 1.22. WNS has a one year low of $39.85 and a one year high of $65.26. The company has a 50 day moving average price of $59.04 and a 200 day moving average price of $53.01.

WNS (NYSE:WNS) last released its quarterly earnings data on Thursday, January 23rd. The business services provider reported $0.89 EPS for the quarter, missing analysts’ consensus estimates of $1.04 by ($0.15). WNS had a return on equity of 22.25% and a net margin of 10.03%. Sell-side analysts anticipate that WNS will post 3.8 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. MetLife Investment Management LLC raised its position in shares of WNS by 0.7% in the 4th quarter. MetLife Investment Management LLC now owns 25,575 shares of the business services provider’s stock valued at $1,212,000 after purchasing an additional 187 shares in the last quarter. Inspire Advisors LLC raised its holdings in WNS by 4.0% in the fourth quarter. Inspire Advisors LLC now owns 12,836 shares of the business services provider’s stock valued at $608,000 after acquiring an additional 493 shares in the last quarter. LPL Financial LLC boosted its stake in WNS by 3.9% during the 4th quarter. LPL Financial LLC now owns 13,770 shares of the business services provider’s stock valued at $653,000 after acquiring an additional 514 shares during the last quarter. Mount Yale Investment Advisors LLC increased its position in shares of WNS by 18.1% in the 4th quarter. Mount Yale Investment Advisors LLC now owns 5,261 shares of the business services provider’s stock worth $249,000 after purchasing an additional 805 shares during the last quarter. Finally, Johnson Financial Group Inc. acquired a new stake in shares of WNS in the 4th quarter valued at about $53,000. Hedge funds and other institutional investors own 97.36% of the company’s stock.

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.