Analysts Set WNS (Holdings) Limited (NYSE:WNS) PT at $60.33

WNS (Holdings) Limited (NYSE:WNS) has earned a consensus rating of “Moderate Buy” from the six brokerages that are covering the stock, MarketBeat reports. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 1 year price target among brokerages that have covered the stock in the last year is $60.33.

WNS has been the topic of a number of recent research reports. Deutsche Bank Aktiengesellschaft lowered their target price on WNS from $55.00 to $51.00 and set a “hold” rating on the stock in a research report on Thursday, October 3rd. Needham & Company LLC dropped their price target on shares of WNS from $70.00 to $60.00 and set a “buy” rating on the stock in a research report on Friday, October 18th. Barrington Research reiterated an “outperform” rating and issued a $70.00 target price on shares of WNS in a research note on Friday, October 18th. TD Cowen lowered WNS from a “buy” rating to a “hold” rating and decreased their target price for the stock from $64.00 to $53.00 in a report on Thursday, October 17th. Finally, JPMorgan Chase & Co. increased their price objective on shares of WNS from $60.00 to $73.00 and gave the company a “neutral” rating in a research report on Friday, September 6th.

Institutional Investors Weigh In On WNS

A number of large investors have recently bought and sold shares of WNS. DGS Capital Management LLC bought a new stake in WNS during the third quarter worth $291,000. Virtu Financial LLC bought a new position in shares of WNS during the third quarter valued at about $745,000. Barclays PLC boosted its holdings in WNS by 329.7% during the third quarter. Barclays PLC now owns 68,007 shares of the business services provider’s stock worth $3,584,000 after purchasing an additional 52,179 shares during the last quarter. Public Employees Retirement System of Ohio purchased a new stake in WNS in the 3rd quarter valued at about $2,326,000. Finally, XTX Topco Ltd bought a new position in shares of WNS during the 3rd quarter worth approximately $398,000. 97.36% of the stock is currently owned by institutional investors and hedge funds.

WNS Stock Down 1.0 %

Shares of WNS opened at $46.79 on Wednesday. The business’s 50 day simple moving average is $49.73 and its 200-day simple moving average is $53.00. 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 has a one year low of $39.85 and a one year high of $72.57. The company has a market capitalization of $2.24 billion, a P/E ratio of 18.00, a PEG ratio of 1.93 and a beta of 1.14.

WNS (NYSE:WNS) last announced its quarterly earnings data on Thursday, October 17th. The business services provider reported $0.99 EPS for the quarter, beating analysts’ consensus estimates of $0.78 by $0.21. WNS had a return on equity of 22.76% and a net margin of 9.39%. The firm had revenue of $310.70 million for the quarter, compared to analyst estimates of $313.66 million. As a group, sell-side analysts predict that WNS will post 3.52 EPS 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.