Brokerages Set WNS (Holdings) Limited (NYSE:WNS) PT at $61.63

WNS (Holdings) Limited (NYSE:WNS) has received an average recommendation of “Moderate Buy” from the eight ratings firms that are covering the firm, MarketBeat Ratings reports. Three analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $61.63.

WNS has been the topic of a number of recent analyst reports. Needham & Company LLC boosted their price objective on WNS from $65.00 to $70.00 and gave the stock a “buy” rating in a research note on Tuesday. StockNews.com raised WNS from a “hold” rating to a “buy” rating in a report on Friday, January 24th. Jefferies Financial Group decreased their price objective on shares of WNS from $60.00 to $55.00 and set a “buy” rating on the stock in a report on Tuesday, January 21st. Finally, Robert W. Baird boosted their target price on shares of WNS from $58.00 to $66.00 and gave the stock an “outperform” rating in a research note on Friday, January 24th.

Institutional Investors Weigh In On WNS

Institutional investors have recently modified their holdings of the business. Hhlr Advisors LTD. bought a new position in WNS in the fourth quarter valued at approximately $72,576,000. Thrivent Financial for Lutherans acquired a new position in shares of WNS in the 3rd quarter valued at $61,726,000. Mesirow Institutional Investment Management Inc. bought a new position in shares of WNS in the 4th quarter worth $14,181,000. State Street Corp grew its stake in shares of WNS by 40.5% during the third quarter. State Street Corp now owns 743,343 shares of the business services provider’s stock worth $39,182,000 after purchasing an additional 214,417 shares during the period. Finally, Voloridge Investment Management LLC bought a new stake in WNS in the fourth quarter valued at about $7,813,000. Institutional investors and hedge funds own 97.36% of the company’s stock.

WNS Trading Up 4.5 %

Shares of WNS stock opened at $61.95 on Wednesday. WNS has a 12-month low of $39.85 and a 12-month high of $65.03. The stock has a market capitalization of $2.86 billion, a P/E ratio of 21.66, a price-to-earnings-growth ratio of 2.10 and a beta of 1.22. The company has a 50-day simple moving average of $55.65 and a 200 day simple moving average of $52.67. The company has a quick ratio of 1.81, a current ratio of 1.81 and a debt-to-equity ratio of 0.19.

WNS (NYSE:WNS) last posted its quarterly earnings data on Thursday, January 23rd. The business services provider reported $0.89 earnings per share for the quarter, missing the consensus estimate of $1.04 by ($0.15). WNS had a return on equity of 22.25% and a net margin of 10.03%. Research analysts expect that WNS will post 3.8 earnings per share 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.