WNS (Holdings) Limited (NYSE:WNS) Receives $64.57 Average PT from Brokerages

WNS (Holdings) Limited (NYSE:WNS) has been assigned a consensus rating of “Moderate Buy” from the seven analysts that are covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a hold rating and six have given a buy rating to the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $64.57.

WNS has been the topic of a number of recent analyst reports. TD Cowen reduced their price target on WNS from $70.00 to $64.00 and set a “buy” rating on the stock in a research report on Friday, April 26th. Needham & Company LLC upped their price target on WNS from $60.00 to $70.00 and gave the stock a “buy” rating in a research report on Friday, July 19th. Barrington Research upped their price target on WNS from $60.00 to $70.00 and gave the stock an “outperform” rating in a research report on Friday, July 19th. Deutsche Bank Aktiengesellschaft downgraded WNS from a “buy” rating to a “hold” rating and reduced their price target for the stock from $64.00 to $44.00 in a research report on Friday, April 26th. Finally, Citigroup cut their target price on WNS from $80.00 to $62.00 and set a “buy” rating on the stock in a research report on Monday, April 22nd.

WNS Stock Performance

WNS stock opened at $57.62 on Friday. The business has a fifty day moving average of $53.80 and a two-hundred day moving average of $54.43. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.71 and a current ratio of 1.71. WNS has a twelve month low of $39.85 and a twelve month high of $74.54.

WNS (NYSE:WNS) last issued its quarterly earnings results on Thursday, July 18th. The business services provider reported $0.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.91 by $0.02. The business had revenue of $312.40 million for the quarter, compared to the consensus estimate of $310.49 million. WNS had a return on equity of 21.60% and a net margin of 10.52%. The business’s quarterly revenue was down 1.6% on a year-over-year basis. During the same period in the prior year, the firm posted $0.76 earnings per share. On average, research analysts predict that WNS will post 3.69 EPS for the current fiscal year.

Insider Activity at WNS

In other WNS news, insider Omprakash Puria Sanjay 24,254 shares of the company’s stock in a transaction that occurred on Tuesday, July 30th. The was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.95% of the stock is owned by insiders.

Hedge Funds Weigh In On WNS

Institutional investors have recently modified their holdings of the stock. GAMMA Investing LLC raised its stake in shares of WNS by 64.1% during the 2nd quarter. GAMMA Investing LLC now owns 635 shares of the business services provider’s stock valued at $33,000 after buying an additional 248 shares during the last quarter. BI Asset Management Fondsmaeglerselskab A S purchased a new position in shares of WNS during the 1st quarter valued at about $38,000. CWM LLC raised its stake in shares of WNS by 490.6% during the 4th quarter. CWM LLC now owns 756 shares of the business services provider’s stock valued at $48,000 after buying an additional 628 shares during the last quarter. Lindbrook Capital LLC raised its stake in shares of WNS by 33.0% during the 4th quarter. Lindbrook Capital LLC now owns 754 shares of the business services provider’s stock valued at $48,000 after buying an additional 187 shares during the last quarter. Finally, Parallel Advisors LLC raised its stake in shares of WNS by 30.4% during the 4th quarter. Parallel Advisors LLC now owns 841 shares of the business services provider’s stock valued at $53,000 after buying an additional 196 shares during the last quarter. Hedge funds and other institutional investors 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 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.