WNS (NYSE:WNS) Hits New 1-Year High Following Analyst Upgrade

WNS (Holdings) Limited (NYSE:WNS)’s stock price hit a new 52-week high during mid-day trading on Thursday after Barrington Research raised their price target on the stock from $63.00 to $75.00. Barrington Research currently has an outperform rating on the stock. WNS traded as high as $65.26 and last traded at $64.64, with a volume of 57647 shares. The stock had previously closed at $63.36.

A number of other research analysts also recently commented on WNS. Needham & Company LLC boosted their price target on WNS from $65.00 to $70.00 and gave the company a “buy” rating in a research note on Tuesday, March 11th. Jefferies Financial Group dropped their target price on shares of WNS from $60.00 to $55.00 and set a “buy” rating for the company in a research report on Tuesday, January 21st. Robert W. Baird increased their price target on shares of WNS from $58.00 to $66.00 and gave the stock an “outperform” rating in a research report on Friday, January 24th. Finally, StockNews.com upgraded WNS from a “hold” rating to a “buy” rating in a research note on Friday, January 24th. Three research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $62.25.

Institutional Trading of WNS

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Johnson Financial Group Inc. bought a new stake in shares of WNS in the 4th quarter valued at about $53,000. Blue Trust Inc. lifted its stake in shares of WNS by 65.0% in the fourth quarter. Blue Trust Inc. now owns 4,397 shares of the business services provider’s stock worth $208,000 after acquiring an additional 1,732 shares during the period. Pictet Asset Management Holding SA bought a new stake in WNS in the fourth quarter valued at approximately $213,000. Cetera Investment Advisers boosted its holdings in WNS by 35.0% in the fourth quarter. Cetera Investment Advisers now owns 5,134 shares of the business services provider’s stock valued at $243,000 after acquiring an additional 1,331 shares during the last quarter. Finally, Mount Yale Investment Advisors LLC increased its position in WNS by 18.1% during 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 purchasing an additional 805 shares during the period. 97.36% of the stock is currently owned by institutional investors and hedge funds.

WNS Trading Up 1.4 %

The firm’s fifty day simple moving average is $59.04 and its 200-day simple moving average is $53.01. 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 stock has a market cap of $2.97 billion, a P/E ratio of 22.47, a price-to-earnings-growth ratio of 2.10 and a beta of 1.22.

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