WNS (Holdings) Limited (NYSE:WNS) Given Average Recommendation of “Buy” by Brokerages

WNS (Holdings) Limited (NYSE:WNSGet Rating) has been assigned an average recommendation of “Buy” from the nine brokerages that are currently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a hold rating and seven have given a buy rating to the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $99.83.

WNS has been the topic of a number of research analyst reports. Barrington Research lowered their price objective on shares of WNS from $104.00 to $97.00 in a research report on Friday. Cowen reduced their price objective on shares of WNS from $100.00 to $98.00 and set an “outperform” rating for the company in a research note on Friday. StockNews.com initiated coverage on shares of WNS in a research note on Thursday, March 31st. They issued a “buy” rating for the company. Cowen cut their target price on shares of 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 boosted their price target on shares of WNS from $100.00 to $110.00 and gave the company a “buy” rating in a report on Friday, January 21st.

Large investors have recently added to or reduced their stakes in the stock. CVA Family Office LLC bought a new position in shares of WNS in the fourth quarter valued at $25,000. D Orazio & Associates Inc. acquired a new stake in WNS during the 3rd quarter valued at $37,000. Huntington National Bank acquired a new stake in WNS during the 4th quarter valued at $37,000. Parallel Advisors LLC lifted its holdings in WNS by 103.6% during the 4th 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 during the last quarter. Finally, Quadrant Capital Group LLC lifted its holdings in WNS by 71.1% during the 4th 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 during the last quarter.

WNS stock traded up $0.12 during mid-day trading on Monday, hitting $80.13. 4,953 shares of the company were exchanged, compared to its average volume of 170,981. WNS has a twelve month low of $67.36 and a twelve month high of $91.48. The firm has a fifty day simple moving average of $84.69 and a 200 day simple moving average of $85.79. The company has a market capitalization of $3.91 billion, a PE ratio of 30.76, a price-to-earnings-growth ratio of 1.81 and a beta of 1.38.

WNS (NYSE:WNSGet Rating) last released its quarterly earnings results on Thursday, April 21st. The business services provider reported $0.95 EPS for the quarter, topping analysts’ consensus estimates of $0.87 by $0.08. WNS had a net margin of 11.90% and a return on equity of 20.85%. The company had revenue of $275.00 million for the quarter, compared to the consensus estimate of $265.54 million. During the same period in the previous year, the firm earned $0.57 EPS. WNS’s revenue was up 20.5% on a year-over-year basis. On average, equities research analysts expect that WNS will post 2.97 EPS for the current year.

About WNS (Get Rating)

WNS (Holdings) Limited, a business process management (BPM) company, provides data, voice, analytical, and business transformation services worldwide. The company operates through two segments, WNS Global BPM and WNS Auto Claims BPM. It offers industry-specific services to clients primarily in insurance; diversified businesses, including manufacturing, retail, consumer packaged goods, media and entertainment, and telecom; travel and leisure; healthcare; utilities; shipping and logistics; consulting and professional services; and banking and financial services.

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Analyst Recommendations for WNS (NYSE:WNS)

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