WNS (WNS) to Release Quarterly Earnings on Thursday

WNS (NYSE:WNS) is scheduled to issue its quarterly earnings data before the market opens on Thursday, April 25th. Analysts expect the company to announce earnings of $1.06 per share for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

WNS (NYSE:WNS) last announced its quarterly earnings data on Thursday, January 18th. The business services provider reported $0.98 EPS for the quarter, beating analysts’ consensus estimates of $0.80 by $0.18. WNS had a net margin of 12.59% and a return on equity of 21.71%. The firm had revenue of $315.90 million during the quarter, compared to the consensus estimate of $313.21 million. On average, analysts expect WNS to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

WNS Stock Performance

NYSE WNS opened at $45.96 on Thursday. The stock has a market capitalization of $2.20 billion, a price-to-earnings ratio of 13.97 and a beta of 1.04. The business’s 50 day moving average is $54.54 and its two-hundred day moving average is $59.62. WNS has a 12-month low of $45.44 and a 12-month high of $92.35. The company has a current ratio of 1.82, a quick ratio of 1.82 and a debt-to-equity ratio of 0.14.

Institutional Investors Weigh In On WNS

A number of hedge funds and other institutional investors have recently modified their holdings of the company. 1832 Asset Management L.P. acquired a new stake in WNS during the fourth quarter worth approximately $40,000. SRS Capital Advisors Inc. purchased a new position in shares of WNS during the 1st quarter worth $53,000. Tower Research Capital LLC TRC boosted its holdings in shares of WNS by 83.9% during the first quarter. Tower Research Capital LLC TRC now owns 741 shares of the business services provider’s stock worth $69,000 after purchasing an additional 338 shares during the last quarter. Point72 Hong Kong Ltd purchased a new stake in shares of WNS in the fourth quarter valued at $73,000. Finally, Fortis Capital Advisors LLC acquired a new position in WNS in the first quarter valued at $93,000. 97.36% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the company. Barrington Research reaffirmed an “outperform” rating and set a $72.00 price objective on shares of WNS in a report on Monday. StockNews.com cut shares of WNS from a “buy” rating to a “hold” rating in a research report on Tuesday, April 2nd. Citigroup increased their price target on shares of WNS from $73.00 to $76.00 and gave the company a “buy” rating in a research report on Wednesday, January 17th. Finally, Needham & Company LLC reissued a “buy” rating and set a $80.00 price objective on shares of WNS in a research note on Friday, March 1st. One investment analyst has rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $85.88.

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 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 telecommunication; travel and leisure; healthcare; utilities; shipping and logistics; Hi-tech and professional services; and banking and financial services.