WNS (Holdings) Limited (NYSE:WNS) Given Average Rating of “Buy” by Analysts

Shares of WNS (Holdings) Limited (NYSE:WNS) have been assigned an average recommendation of “Buy” from the six brokerages that are covering the company, Marketbeat.com reports. Six analysts have rated the stock with a buy rating. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $85.88.

A number of research firms have recently issued reports on WNS. StockNews.com lowered WNS from a “buy” rating to a “hold” rating in a research note on Tuesday, April 2nd. Barrington Research reiterated an “outperform” rating and issued a $72.00 target price on shares of WNS in a research note on Monday. Citigroup increased their target price on WNS from $73.00 to $76.00 and gave the company a “buy” rating in a research note on Wednesday, January 17th. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $80.00 target price on shares of WNS in a research note on Friday, March 1st.

WNS Stock Performance

WNS stock opened at $46.49 on Friday. The stock’s 50-day moving average is $54.31 and its 200-day moving average is $59.53. The company has a market cap of $2.22 billion, a price-to-earnings ratio of 14.13 and a beta of 1.04. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.82 and a quick ratio of 1.82. WNS has a 12 month low of $45.09 and a 12 month high of $92.35.

WNS (NYSE:WNS) last posted its earnings results on Thursday, January 18th. The business services provider reported $0.98 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.80 by $0.18. WNS had a return on equity of 21.71% and a net margin of 12.59%. The business had revenue of $315.90 million during the quarter, compared to analyst estimates of $313.21 million. Equities analysts anticipate that WNS will post 3.44 earnings per share for the current year.

Institutional Investors Weigh In On WNS

A number of hedge funds have recently bought and sold shares of the business. Westfield Capital Management Co. LP grew its position in shares of WNS by 86.0% in 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 acquiring an additional 342,922 shares in the last quarter. WCM Investment Management LLC grew its position in shares of WNS by 8.0% in the 4th 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 in the last quarter. Old Well Partners LLC grew its position 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 acquiring an additional 12,900 shares in the last quarter. American Century Companies Inc. grew its position 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 worth $28,910,000 after acquiring an additional 214,773 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its position in shares of WNS by 36.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,034,729 shares of the business services provider’s stock worth $139,298,000 after acquiring an additional 544,328 shares in the last quarter. Institutional investors and hedge funds own 97.36% of the company’s stock.

About WNS

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.