WNS (Holdings) Limited (NYSE:WNS) Receives $62.25 Average PT from Brokerages

WNS (Holdings) Limited (NYSE:WNS) has earned a consensus recommendation of “Moderate Buy” from the eight ratings firms that are covering the stock, MarketBeat Ratings reports. Three analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12-month price objective among brokerages that have covered the stock in the last year is $62.25.

A number of analysts recently issued reports on the company. Robert W. Baird upped their target price on WNS from $58.00 to $66.00 and gave the company an “outperform” rating in a research report on Friday, January 24th. Barrington Research lifted their target price on shares of WNS from $63.00 to $75.00 and gave the company an “outperform” rating in a report on Wednesday, March 26th. StockNews.com upgraded shares of WNS from a “hold” rating to a “buy” rating in a research report on Friday, January 24th. Needham & Company LLC raised their price objective 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 reduced their target price on shares of WNS from $60.00 to $55.00 and set a “buy” rating for the company in a report on Tuesday, January 21st.

WNS Stock Down 2.0 %

WNS stock opened at $59.22 on Friday. The company’s 50 day moving average is $60.23 and its two-hundred day moving average is $53.40. WNS has a twelve month low of $39.85 and a twelve month high of $70.31. The company has a current ratio of 1.81, a quick ratio of 1.81 and a debt-to-equity ratio of 0.19. The stock has a market cap of $2.74 billion, a P/E ratio of 20.71, a PEG ratio of 2.10 and a beta of 0.96.

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

Institutional Investors Weigh In On WNS

A number of hedge funds have recently added to or reduced their stakes in WNS. GAMMA Investing LLC boosted its stake in shares of WNS by 7,819.6% in the first quarter. GAMMA Investing LLC now owns 30,253 shares of the business services provider’s stock valued at $1,860,000 after buying an additional 29,871 shares in the last quarter. California State Teachers Retirement System boosted its holdings in WNS by 1,034.0% during the fourth quarter. California State Teachers Retirement System now owns 37,422 shares of the business services provider’s stock worth $1,773,000 after buying an additional 34,122 shares in the last quarter. Vise Technologies Inc. acquired a new position in WNS during the fourth quarter worth about $4,310,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in WNS by 280.9% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 111,228 shares of the business services provider’s stock valued at $5,271,000 after buying an additional 82,028 shares in the last quarter. Finally, Voloridge Investment Management LLC acquired a new stake in shares of WNS during the 4th quarter valued at approximately $7,813,000. Institutional investors and hedge funds 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.