Barrington Research Issues Positive Forecast for WNS (NYSE:WNS) Stock Price

WNS (NYSE:WNS) had its price target upped by Barrington Research from $63.00 to $75.00 in a report released on Wednesday morning,Benzinga reports. The brokerage currently has an outperform rating on the business services provider’s stock.

A number of other brokerages have also recently issued reports on WNS. StockNews.com upgraded WNS from a “hold” rating to a “buy” rating in a report on Friday, January 24th. Needham & Company LLC increased 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. Robert W. Baird lifted their target price on shares of WNS from $58.00 to $66.00 and gave the company an “outperform” rating in a report on Friday, January 24th. Finally, Jefferies Financial Group lowered their price target on WNS from $60.00 to $55.00 and set a “buy” rating for the company in a report on Tuesday, January 21st. Three investment analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $62.25.

WNS Price Performance

WNS stock opened at $63.32 on Wednesday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.81 and a current ratio of 1.81. The company has a market cap of $2.93 billion, a price-to-earnings ratio of 22.14, a PEG ratio of 2.10 and a beta of 1.22. WNS has a 1 year low of $39.85 and a 1 year high of $65.03. The firm has a 50 day moving average price of $58.67 and a 200 day moving average price of $52.93.

WNS (NYSE:WNS) last released its quarterly earnings data 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 return on equity of 22.25% and a net margin of 10.03%. Sell-side analysts predict that WNS will post 3.8 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the business. Johnson Financial Group Inc. bought a new position in WNS during the 4th quarter valued at $53,000. Blue Trust Inc. increased its holdings in WNS by 65.0% in the fourth quarter. Blue Trust Inc. now owns 4,397 shares of the business services provider’s stock valued at $208,000 after buying an additional 1,732 shares during the last quarter. Pictet Asset Management Holding SA acquired a new stake in WNS during the fourth quarter valued at approximately $213,000. Cetera Investment Advisers grew its position in shares of WNS by 35.0% in the 4th quarter. Cetera Investment Advisers now owns 5,134 shares of the business services provider’s stock worth $243,000 after acquiring an additional 1,331 shares in the last quarter. Finally, Mount Yale Investment Advisors LLC increased its holdings in shares of WNS by 18.1% in the 4th quarter. Mount Yale Investment Advisors LLC now owns 5,261 shares of the business services provider’s stock valued at $249,000 after acquiring an additional 805 shares during the last quarter. 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.