WNS (Holdings) Limited (NYSE:WNS) Receives Average Recommendation of “Moderate Buy” from Brokerages

WNS (Holdings) Limited (NYSE:WNS) has been given an average recommendation of “Moderate Buy” by the eight brokerages that are currently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $71.11.

A number of research firms have recently weighed in on WNS. StockNews.com downgraded WNS from a “buy” rating to a “hold” rating in a research note on Tuesday, April 2nd. Barrington Research reissued an “outperform” rating and issued a $60.00 price target on shares of WNS in a research note on Tuesday, May 28th. Deutsche Bank Aktiengesellschaft downgraded WNS from a “buy” rating to a “hold” rating and cut their price target for the company from $64.00 to $44.00 in a research note on Friday, April 26th. Citigroup dropped their price objective on WNS from $80.00 to $62.00 and set a “buy” rating on the stock in a research note on Monday, April 22nd. Finally, TD Cowen dropped their price objective on WNS from $70.00 to $64.00 and set a “buy” rating on the stock in a research note on Friday, April 26th.

WNS Stock Down 0.2 %

Shares of WNS opened at $53.19 on Wednesday. The firm has a market capitalization of $2.54 billion and a price-to-earnings ratio of 18.80. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.71 and a current ratio of 1.71. The business’s fifty day moving average price is $49.92 and its two-hundred day moving average price is $55.50. WNS has a 52 week low of $39.85 and a 52 week high of $75.12.

WNS (NYSE:WNS) last announced its quarterly earnings data on Thursday, April 25th. The business services provider reported $0.96 EPS for the quarter, beating analysts’ consensus estimates of $0.85 by $0.11. The firm had revenue of $325.90 million for the quarter, compared to analyst estimates of $322.92 million. WNS had a return on equity of 22.23% and a net margin of 10.59%. On average, analysts predict that WNS will post 3.62 earnings per share for the current year.

Hedge Funds Weigh In On WNS

A number of large investors have recently added to or reduced their stakes in WNS. JPMorgan Chase & Co. grew its holdings in shares of WNS by 36.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,034,729 shares of the business services provider’s stock valued at $139,298,000 after acquiring an additional 544,328 shares in the last quarter. Westfield Capital Management Co. LP grew its holdings in WNS by 40.6% during the fourth quarter. Westfield Capital Management Co. LP now owns 1,042,815 shares of the business services provider’s stock worth $65,906,000 after purchasing an additional 301,022 shares during the period. Artisan Partners Limited Partnership lifted its position in WNS by 13.9% during the fourth quarter. Artisan Partners Limited Partnership now owns 1,920,291 shares of the business services provider’s stock worth $121,362,000 after acquiring an additional 234,139 shares during the last quarter. American Century Companies Inc. lifted its position in WNS by 103.5% during the third quarter. American Century Companies Inc. now owns 422,297 shares of the business services provider’s stock worth $28,910,000 after acquiring an additional 214,773 shares during the last quarter. Finally, AGF Management Ltd. acquired a new stake in WNS during the fourth quarter worth approximately $13,137,000. 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.