ValuEngine downgraded shares of WNS (NYSE:WNS) from a buy rating to a hold rating in a research note released on Thursday morning.

WNS has been the subject of a number of other reports. Citigroup upped their price objective on WNS from $40.00 to $43.00 and gave the stock a buy rating in a research note on Friday, October 13th. Barrington Research upped their price objective on WNS from $40.00 to $44.00 and gave the stock an outperform rating in a research note on Monday, October 30th. Zacks Investment Research cut WNS from a hold rating to a sell rating in a research note on Wednesday, September 20th. Needham & Company LLC upped their price objective on WNS from $46.00 to $52.00 and gave the stock a strong-buy rating in a research note on Friday, December 1st. Finally, Cowen restated a buy rating and set a $43.00 price objective on shares of WNS in a research note on Sunday, October 29th. One investment analyst has rated the stock with a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the stock. The company presently has a consensus rating of Buy and an average target price of $42.83.

WNS (WNS) traded down $0.27 on Thursday, hitting $40.63. The stock had a trading volume of 195,200 shares, compared to its average volume of 198,557. WNS has a fifty-two week low of $26.20 and a fifty-two week high of $42.36. The company has a quick ratio of 2.37, a current ratio of 2.37 and a debt-to-equity ratio of 0.18. The company has a market cap of $2,060.00, a P/E ratio of 25.97, a price-to-earnings-growth ratio of 1.79 and a beta of 1.02.

WNS (NYSE:WNS) last posted its quarterly earnings results on Friday, October 27th. The business services provider reported $0.53 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.49 by $0.04. WNS had a return on equity of 19.23% and a net margin of 7.24%. The business had revenue of $182.30 million for the quarter, compared to the consensus estimate of $175.36 million. During the same quarter in the prior year, the company earned $0.42 EPS. The business’s revenue was up 26.9% compared to the same quarter last year. equities analysts forecast that WNS will post 1.59 EPS for the current fiscal year.

A number of institutional investors have recently added to or reduced their stakes in the business. PNC Financial Services Group Inc. raised its stake in WNS by 6.4% in the second quarter. PNC Financial Services Group Inc. now owns 8,360 shares of the business services provider’s stock valued at $288,000 after buying an additional 500 shares during the last quarter. Kennedy Capital Management Inc. raised its stake in WNS by 0.3% in the second quarter. Kennedy Capital Management Inc. now owns 718,124 shares of the business services provider’s stock valued at $24,675,000 after buying an additional 2,124 shares during the last quarter. OxFORD Asset Management LLP raised its stake in WNS by 2.3% in the second quarter. OxFORD Asset Management LLP now owns 100,566 shares of the business services provider’s stock valued at $3,455,000 after buying an additional 2,266 shares during the last quarter. California Public Employees Retirement System raised its stake in WNS by 2.9% in the second quarter. California Public Employees Retirement System now owns 106,600 shares of the business services provider’s stock valued at $3,663,000 after buying an additional 3,000 shares during the last quarter. Finally, Summit Global Investments raised its stake in WNS by 31.7% in the second quarter. Summit Global Investments now owns 15,800 shares of the business services provider’s stock valued at $543,000 after buying an additional 3,800 shares during the last quarter. Institutional investors own 86.03% of the company’s stock.

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WNS Company Profile

WNS (Holdings) Limited is a global provider of business process management (BPM) services. The Company offers data, voice, analytical and business transformation services. The Company’s segments include WNS Global BPM and WNS Auto Claims BPM. Its operating segments include travel, insurance, banking and financial services, healthcare, utilities, retail and consumer products groups, auto claims and others.

Analyst Recommendations for WNS (NYSE:WNS)

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