WNS (Holdings) Limited (NYSE:WNS) Given Consensus Recommendation of “Moderate Buy” by Brokerages

WNS (Holdings) Limited (NYSE:WNS) has been given a consensus recommendation of “Moderate Buy” by the eight analysts that are currently covering the stock, Marketbeat.com 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 issued a report on the stock in the last year is $61.00.

Several research firms have commented on WNS. Needham & Company LLC upped their price objective on WNS from $60.00 to $65.00 and gave the stock a “buy” rating in a research report on Thursday, January 23rd. StockNews.com raised shares of WNS from a “hold” rating to a “buy” rating in a research note on Friday, January 24th. Barrington Research reaffirmed an “outperform” rating and issued a $70.00 price target on shares of WNS in a report on Friday, October 18th. Jefferies Financial Group cut their price objective on WNS from $60.00 to $55.00 and set a “buy” rating for the company in a research report on Tuesday, January 21st. Finally, Robert W. Baird upped their target price on WNS from $58.00 to $66.00 and gave the stock an “outperform” rating in a research note on Friday, January 24th.

Institutional Trading of WNS

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. FMR LLC increased its position in shares of WNS by 2.1% during the third quarter. FMR LLC now owns 4,898,543 shares of the business services provider’s stock valued at $258,202,000 after acquiring an additional 99,195 shares during the last quarter. Hhlr Advisors LTD. purchased a new position in shares of WNS during the 4th quarter worth approximately $72,576,000. Thrivent Financial for Lutherans increased its holdings in WNS by 26.7% in the 4th quarter. Thrivent Financial for Lutherans now owns 1,483,569 shares of the business services provider’s stock valued at $70,307,000 after purchasing an additional 312,519 shares during the last quarter. William Blair Investment Management LLC raised its position in WNS by 5.0% in the fourth quarter. William Blair Investment Management LLC now owns 1,112,743 shares of the business services provider’s stock valued at $52,733,000 after purchasing an additional 53,433 shares during the period. Finally, State Street Corp lifted its stake in 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 in the last quarter. Institutional investors and hedge funds own 97.36% of the company’s stock.

WNS Price Performance

NYSE WNS opened at $58.46 on Friday. The company has a market cap of $2.79 billion, a price-to-earnings ratio of 20.44, a PEG ratio of 2.18 and a beta of 1.19. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.62 and a quick ratio of 1.62. The stock’s fifty day moving average price is $51.25 and its 200 day moving average price is $52.73. WNS has a 1 year low of $39.85 and a 1 year high of $65.03.

WNS (NYSE:WNS) last issued its earnings results on Thursday, January 23rd. The business services provider reported $0.89 EPS 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 22.37%. As a group, equities research analysts forecast that WNS will post 3.8 earnings per share for the current year.

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.