Robert W. Baird Issues Positive Forecast for WNS (NYSE:WNS) Stock Price

WNS (NYSE:WNS) had its price objective raised by Robert W. Baird from $58.00 to $66.00 in a research note published on Friday morning,Benzinga reports. The firm currently has an outperform rating on the business services provider’s stock.

A number of other brokerages have also recently issued reports on WNS. Citigroup set a $55.00 price target on shares of WNS in a research report on Thursday, October 17th. Jefferies Financial Group lowered their price target 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. Needham & Company LLC lifted their price target on shares of WNS from $60.00 to $65.00 and gave the company a “buy” rating in a research report on Thursday. Barrington Research reissued an “outperform” rating and set a $70.00 price target on shares of WNS in a research report on Friday, October 18th. Finally, TD Cowen cut shares of 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. Three equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $61.00.

WNS Stock Up 2.5 %

Shares of NYSE WNS opened at $62.22 on Friday. The company has a current ratio of 1.62, a quick ratio of 1.62 and a debt-to-equity ratio of 0.23. WNS has a 12 month low of $39.85 and a 12 month high of $72.40. The firm has a market capitalization of $2.97 billion, a PE ratio of 23.93, a price-to-earnings-growth ratio of 2.00 and a beta of 1.16. The firm has a fifty day simple moving average of $48.89 and a two-hundred day simple moving average of $52.36.

WNS (NYSE:WNS) last issued its quarterly earnings data on Thursday, January 23rd. The business services provider reported $0.89 EPS for the quarter, missing the consensus estimate of $1.04 by ($0.15). WNS had a return on equity of 22.76% and a net margin of 9.39%. Equities analysts expect that WNS will post 3.52 earnings per share for the current year.

Institutional Trading of WNS

A number of large investors have recently made changes to their positions in the stock. JB Capital LLC grew its stake in shares of WNS by 10.5% in the fourth quarter. JB Capital LLC now owns 31,820 shares of the business services provider’s stock worth $1,508,000 after acquiring an additional 3,024 shares during the period. Mount Yale Investment Advisors LLC grew its stake in shares of WNS by 18.1% in the fourth quarter. Mount Yale Investment Advisors LLC now owns 5,261 shares of the business services provider’s stock worth $249,000 after acquiring an additional 805 shares during the period. Hunter Perkins Capital Management LLC grew its stake in shares of WNS by 46.7% in the fourth quarter. Hunter Perkins Capital Management LLC now owns 17,125 shares of the business services provider’s stock worth $812,000 after acquiring an additional 5,455 shares during the period. Blue Trust Inc. grew its position in WNS by 65.0% during 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 period. Finally, Janney Montgomery Scott LLC grew its position in WNS by 15.2% during the fourth quarter. Janney Montgomery Scott LLC now owns 36,770 shares of the business services provider’s stock valued at $1,743,000 after buying an additional 4,852 shares during the period. 97.36% of the stock is currently owned by institutional investors.

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.