WNS (NYSE:WNS) PT Lowered to $97.00 at Barrington Research

WNS (NYSE:WNSGet Rating) had its price objective lowered by analysts at Barrington Research from $104.00 to $97.00 in a research report issued on Friday, The Fly reports. Barrington Research’s price objective points to a potential upside of 18.65% from the company’s previous close.

A number of other equities analysts also recently commented on the company. Zacks Investment Research downgraded WNS from a “buy” rating to a “hold” rating in a research note on Thursday, March 24th. StockNews.com initiated coverage on WNS in a research note on Thursday, March 31st. They issued a “buy” rating for the company. Cowen decreased their target price on WNS from $100.00 to $98.00 and set an “outperform” rating for the company in a research note on Friday. Finally, Needham & Company LLC lifted their target price on WNS from $100.00 to $110.00 and gave the company a “buy” rating in a research note on Friday, January 21st. One analyst has rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $99.50.

NYSE:WNS opened at $81.75 on Friday. The business’s 50-day moving average is $84.78 and its two-hundred day moving average is $85.76. WNS has a 12 month low of $67.36 and a 12 month high of $91.48. The firm has a market capitalization of $3.99 billion, a PE ratio of 34.49, a price-to-earnings-growth ratio of 1.91 and a beta of 1.38.

WNS (NYSE:WNSGet Rating) last released its quarterly earnings data on Thursday, April 21st. The business services provider reported $0.95 EPS for the quarter, beating the consensus estimate of $0.87 by $0.08. The company had revenue of $275.00 million for the quarter, compared to analyst estimates of $265.54 million. WNS had a return on equity of 19.13% and a net margin of 11.44%. The firm’s revenue was up 20.5% compared to the same quarter last year. During the same period last year, the company posted $0.57 earnings per share. On average, research analysts predict that WNS will post 2.62 EPS for the current fiscal year.

Several institutional investors have recently bought and sold shares of the company. CVA Family Office LLC purchased a new position in WNS in the fourth quarter valued at about $25,000. D Orazio & Associates Inc. purchased a new position in WNS in the third quarter valued at about $37,000. Huntington National Bank purchased a new position in WNS in the fourth quarter valued at about $37,000. Parallel Advisors LLC grew its stake in WNS by 103.6% in the fourth quarter. Parallel Advisors LLC now owns 458 shares of the business services provider’s stock valued at $40,000 after purchasing an additional 233 shares in the last quarter. Finally, Quadrant Capital Group LLC grew its stake in WNS by 71.1% in the fourth quarter. Quadrant Capital Group LLC now owns 727 shares of the business services provider’s stock valued at $64,000 after purchasing an additional 302 shares in the last quarter.

About WNS (Get Rating)

WNS (Holdings) Ltd. engages in the provision of business process management solutions. Its services include industry-specific offerings, customer interaction, finance and accounting, human resources, procurement, and research and analytics. It operates through the WNS Global BPM and WNS Auto Claims BPM segments.

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