WNS (Holdings) Limited (NYSE:WNS) Receives $68.13 Consensus Price Target from Brokerages

WNS (Holdings) Limited (NYSE:WNS) has received a consensus recommendation of “Hold” from the ten research firms that are covering the stock, Marketbeat.com reports. Eight research analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $68.1250.

Several research analysts have recently issued reports on WNS shares. Barrington Research cut shares of WNS from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 8th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of WNS in a report on Thursday, July 17th. They set a “hold” rating and a $76.50 target price for the company. Jefferies Financial Group restated a “hold” rating and set a $76.50 target price (down from $80.00) on shares of WNS in a report on Tuesday, July 8th. William Blair cut shares of WNS from a “strong-buy” rating to a “market perform” rating in a report on Monday, July 7th. Finally, Needham & Company LLC cut shares of WNS from a “moderate buy” rating to a “hold” rating in a report on Monday, July 7th.

Institutional Investors Weigh In On WNS

Several hedge funds have recently made changes to their positions in WNS. Pzena Investment Management LLC purchased a new stake in WNS in the 2nd quarter worth approximately $105,134,000. Hhlr Advisors LTD. purchased a new stake in WNS in the 4th quarter worth approximately $72,576,000. Diamond Hill Capital Management Inc. lifted its position in WNS by 2.6% in the 1st quarter. Diamond Hill Capital Management Inc. now owns 1,408,501 shares of the business services provider’s stock worth $86,609,000 after buying an additional 35,074 shares in the last quarter. Alliancebernstein L.P. lifted its position in WNS by 3.0% in the 1st quarter. Alliancebernstein L.P. now owns 1,405,672 shares of the business services provider’s stock worth $86,435,000 after buying an additional 41,505 shares in the last quarter. Finally, Westfield Capital Management Co. LP purchased a new stake in WNS in the 1st quarter worth approximately $51,712,000. Hedge funds and other institutional investors own 97.36% of the company’s stock.

WNS Trading Up 0.2%

WNS stock opened at $75.18 on Friday. The firm has a 50 day simple moving average of $68.44 and a 200-day simple moving average of $63.03. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.47 and a quick ratio of 1.76. The stock has a market capitalization of $3.22 billion, a PE ratio of 20.94, a price-to-earnings-growth ratio of 2.23 and a beta of 0.90. WNS has a 12-month low of $42.62 and a 12-month high of $75.21.

WNS (NYSE:WNS) last posted its quarterly earnings data on Thursday, July 24th. The business services provider reported $1.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.97 by $0.05. The business had revenue of $339.90 million during the quarter, compared to analysts’ expectations of $323.13 million. WNS had a net margin of 12.11% and a return on equity of 22.90%. The business’s revenue was up 9.5% on a year-over-year basis. During the same period last year, the firm posted $0.93 earnings per share. As a group, equities research analysts expect that WNS will post 3.8 EPS for the current fiscal year.

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.