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

WNS (Holdings) Limited (NYSE:WNS) has been assigned a consensus recommendation of “Hold” from the eight research firms that are currently covering the stock, MarketBeat.com reports. Seven analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $72.80.

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of WNS in a report on Wednesday, October 8th.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of WNS. Creative Planning raised its holdings in WNS by 43.7% in the 3rd quarter. Creative Planning now owns 13,726 shares of the business services provider’s stock worth $1,047,000 after purchasing an additional 4,172 shares during the period. Schonfeld Strategic Advisors LLC bought a new stake in WNS during the third quarter valued at about $30,948,000. Polar Asset Management Partners Inc. purchased a new stake in WNS in the third quarter worth about $55,797,000. AQR Arbitrage LLC bought a new position in shares of WNS in the third quarter worth about $50,860,000. Finally, Virtu Financial LLC bought a new position in shares of WNS in the third quarter worth about $399,000. Hedge funds and other institutional investors own 97.36% of the company’s stock.

WNS Stock Down 0.6%

WNS stock opened at $75.98 on Monday. WNS has a one year low of $42.62 and a one year high of $76.48. The stock has a fifty day moving average of $76.05 and a 200 day moving average of $69.95. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.47 and a current ratio of 1.47. The stock has a market cap of $3.26 billion, a PE ratio of 21.16, a price-to-earnings-growth ratio of 2.25 and a beta of 0.91.

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.