WNS (Holdings) Limited (NYSE:WNS) Receives $60.33 Average Price Target from Brokerages

WNS (Holdings) Limited (NYSE:WNS) has received a consensus recommendation of “Moderate Buy” from the eight analysts that are presently covering the stock, Marketbeat.com reports. Three investment analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $61.00.

Several equities research analysts have recently issued reports on WNS shares. Jefferies Financial Group lowered their target price on shares of WNS from $60.00 to $55.00 and set a “buy” rating for the company in a report on Tuesday, January 21st. Barrington Research reissued an “outperform” rating and issued a $70.00 price objective on shares of WNS in a research note on Friday, October 18th. Citigroup set a $55.00 target price on WNS in a research report on Thursday, October 17th. Robert W. Baird raised their price target on WNS from $58.00 to $66.00 and gave the stock an “outperform” rating in a research note on Friday. Finally, TD Cowen downgraded WNS from a “buy” rating to a “hold” rating and cut their price objective for the company from $64.00 to $53.00 in a research report on Thursday, October 17th.

Institutional Investors Weigh In On WNS

Several hedge funds have recently made changes to their positions in the company. JB Capital LLC increased its stake in shares of WNS by 10.5% during the fourth quarter. JB Capital LLC now owns 31,820 shares of the business services provider’s stock valued at $1,508,000 after buying an additional 3,024 shares during the period. 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. Hunter Perkins Capital Management LLC raised its holdings in shares of WNS by 46.7% in the 4th quarter. Hunter Perkins Capital Management LLC now owns 17,125 shares of the business services provider’s stock valued at $812,000 after purchasing an additional 5,455 shares in the last quarter. Blue Trust Inc. raised its holdings in shares of WNS by 65.0% in the 4th quarter. Blue Trust Inc. now owns 4,397 shares of the business services provider’s stock valued at $208,000 after purchasing an additional 1,732 shares in the last quarter. Finally, Janney Montgomery Scott LLC lifted its position in shares of WNS by 15.2% in the 4th quarter. Janney Montgomery Scott LLC now owns 36,770 shares of the business services provider’s stock worth $1,743,000 after purchasing an additional 4,852 shares during the period. 97.36% of the stock is currently owned by hedge funds and other institutional investors.

WNS Trading Up 2.5 %

Shares of NYSE WNS opened at $62.22 on Tuesday. WNS has a 1-year low of $39.85 and a 1-year high of $72.40. 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 business’s 50 day moving average is $48.89 and its two-hundred day moving average is $52.37. The stock has a market capitalization of $2.97 billion, a P/E ratio of 23.93, a PEG ratio of 2.00 and a beta of 1.16.

WNS (NYSE:WNS) last released its earnings results 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 net margin of 9.39% and a return on equity of 22.76%. As a group, research analysts expect that WNS will post 3.52 EPS 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.