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

Shares of WNS (Holdings) Limited (NYSE:WNS) have been assigned an average rating of “Moderate Buy” from the six analysts that are covering the firm, MarketBeat reports. Three analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $60.33.

WNS has been the subject of a number of recent research reports. Deutsche Bank Aktiengesellschaft decreased their price target on shares of WNS from $55.00 to $51.00 and set a “hold” rating for the company in a research note on Thursday, October 3rd. Barrington Research reissued an “outperform” rating and set a $70.00 target price on shares of WNS in a research report on Friday, October 18th. TD Cowen cut shares of WNS from a “buy” rating to a “hold” rating and dropped their price target for the company from $64.00 to $53.00 in a research report on Thursday, October 17th. Needham & Company LLC cut their price target on WNS from $70.00 to $60.00 and set a “buy” rating for the company in a research note on Friday, October 18th. Finally, Citigroup set a $55.00 price objective on WNS in a research note on Thursday, October 17th.

WNS Price Performance

WNS stock opened at $54.23 on Friday. WNS has a 1 year low of $39.85 and a 1 year high of $72.57. The stock has a market capitalization of $2.59 billion and a PE ratio of 20.86. The company’s 50-day moving average is $50.30 and its 200-day moving average is $53.38. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.62 and a quick ratio of 1.62.

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

Institutional Investors Weigh In On WNS

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC grew its holdings in shares of WNS by 228.9% in the second quarter. EverSource Wealth Advisors LLC now owns 523 shares of the business services provider’s stock valued at $27,000 after acquiring an additional 364 shares in the last quarter. GAMMA Investing LLC boosted its position in WNS by 64.1% in the second quarter. GAMMA Investing LLC now owns 635 shares of the business services provider’s stock worth $33,000 after purchasing an additional 248 shares during the last quarter. Financial Management Professionals Inc. bought a new position in WNS in the 3rd quarter valued at $46,000. Amalgamated Bank purchased a new stake in shares of WNS during the 2nd quarter valued at $84,000. Finally, Blue Trust Inc. raised its stake in shares of WNS by 1,151.2% during the 3rd quarter. Blue Trust Inc. now owns 2,665 shares of the business services provider’s stock worth $140,000 after purchasing an additional 2,452 shares during the period. Hedge funds and other institutional investors own 97.36% of the company’s stock.

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.