WNS (Holdings) Limited (NYSE:WNS) Receives Average Rating of “Moderate Buy” from Brokerages

WNS (Holdings) Limited (NYSE:WNSGet Free Report) has earned an average rating of “Moderate Buy” from the eight brokerages that are presently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $71.11.

WNS has been the topic of several research reports. StockNews.com lowered shares of WNS from a “buy” rating to a “hold” rating in a research report on Tuesday, April 2nd. Deutsche Bank Aktiengesellschaft cut WNS from a “buy” rating to a “hold” rating and cut their price target for the stock from $64.00 to $44.00 in a report on Friday, April 26th. Barrington Research reaffirmed an “outperform” rating and set a $60.00 price objective on shares of WNS in a research note on Tuesday, May 28th. Needham & Company LLC cut their target price on shares of WNS from $80.00 to $60.00 and set a “buy” rating for the company in a research note on Thursday, April 25th. Finally, Citigroup decreased their price target on shares of WNS from $80.00 to $62.00 and set a “buy” rating on the stock in a research note on Monday, April 22nd.

View Our Latest Stock Analysis on WNS

Hedge Funds Weigh In On WNS

Several institutional investors and hedge funds have recently bought and sold shares of WNS. Westfield Capital Management Co. LP increased its holdings in shares of WNS by 86.0% during the 3rd quarter. Westfield Capital Management Co. LP now owns 741,793 shares of the business services provider’s stock worth $50,783,000 after buying an additional 342,922 shares during the last quarter. WCM Investment Management LLC increased its stake in WNS by 8.0% during the fourth quarter. WCM Investment Management LLC now owns 689,604 shares of the business services provider’s stock worth $43,831,000 after acquiring an additional 50,944 shares during the last quarter. Old Well Partners LLC raised its holdings in shares of WNS by 19.7% in the 3rd quarter. Old Well Partners LLC now owns 78,273 shares of the business services provider’s stock worth $5,359,000 after purchasing an additional 12,900 shares during the period. American Century Companies Inc. lifted its stake in shares of WNS by 103.5% in the 3rd quarter. American Century Companies Inc. now owns 422,297 shares of the business services provider’s stock valued at $28,910,000 after purchasing an additional 214,773 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA grew its holdings in shares of WNS by 4.8% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 1,551,716 shares of the business services provider’s stock worth $98,068,000 after purchasing an additional 71,004 shares during the period. Institutional investors and hedge funds own 97.36% of the company’s stock.

WNS Stock Down 0.8 %

WNS opened at $51.25 on Friday. The business has a 50 day simple moving average of $48.91 and a 200-day simple moving average of $56.54. WNS has a 12 month low of $39.85 and a 12 month high of $76.48. The stock has a market capitalization of $2.45 billion and a P/E ratio of 18.11. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.71 and a quick ratio of 1.71.

WNS (NYSE:WNSGet Free Report) last issued its earnings results on Thursday, April 25th. The business services provider reported $0.96 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.85 by $0.11. The company had revenue of $325.90 million during the quarter, compared to analysts’ expectations of $322.92 million. WNS had a net margin of 10.59% and a return on equity of 22.23%. On average, equities analysts anticipate that WNS will post 3.62 earnings per share for the current fiscal year.

About WNS

(Get Free Report

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.

Further Reading

Analyst Recommendations for WNS (NYSE:WNS)

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