Wedbush reaffirmed their outperform rating on shares of WNS (NYSE:WNS) in a research report released on Tuesday, Zacks.com reports.

A number of other research analysts also recently weighed in on the company. Zacks Investment Research downgraded Green Plains from a hold rating to a strong sell rating in a research note on Thursday, June 27th. Cowen raised their price target on WNS from $62.00 to $70.00 and gave the company an outperform rating in a research note on Friday. Cantor Fitzgerald raised their price target on WNS from $63.00 to $68.00 and gave the company an overweight rating in a research note on Friday. Finally, Barrington Research raised their price target on WNS from $68.00 to $72.00 and gave the company an outperform rating in a research note on Friday. One equities research analyst has rated the stock with a sell rating, seven have assigned a buy rating and one has issued a strong buy rating to the stock. The stock presently has an average rating of Buy and an average price target of $65.63.

Shares of NYSE:WNS traded up $0.56 during mid-day trading on Tuesday, reaching $62.86. 184,450 shares of the stock were exchanged, compared to its average volume of 151,982. The company has a current ratio of 2.07, a quick ratio of 2.07 and a debt-to-equity ratio of 0.06. The company has a market capitalization of $3.19 billion, a P/E ratio of 27.94, a P/E/G ratio of 2.20 and a beta of 1.05. WNS has a one year low of $39.24 and a one year high of $63.52. The business’s 50 day moving average price is $58.76.

WNS (NYSE:WNS) last posted its quarterly earnings data on Thursday, July 18th. The business services provider reported $0.72 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.48 by $0.24. The business had revenue of $214.60 million during the quarter, compared to the consensus estimate of $207.51 million. WNS had a return on equity of 24.35% and a net margin of 13.44%. WNS’s quarterly revenue was up 7.4% on a year-over-year basis. During the same period last year, the company earned $0.59 earnings per share. As a group, research analysts forecast that WNS will post 2.3 EPS for the current fiscal year.

Hedge funds and other institutional investors have recently modified their holdings of the company. FMR LLC lifted its holdings in WNS by 2.5% during the 1st quarter. FMR LLC now owns 4,810,675 shares of the business services provider’s stock worth $256,265,000 after purchasing an additional 118,100 shares during the last quarter. Acadian Asset Management LLC lifted its holdings in WNS by 7.7% during the 1st quarter. Acadian Asset Management LLC now owns 1,824,726 shares of the business services provider’s stock worth $97,205,000 after purchasing an additional 131,093 shares during the last quarter. Macquarie Group Ltd. lifted its holdings in WNS by 5.9% during the 4th quarter. Macquarie Group Ltd. now owns 1,501,805 shares of the business services provider’s stock worth $61,964,000 after purchasing an additional 83,054 shares during the last quarter. Wells Fargo & Company MN raised its holdings in WNS by 74.5% in the 1st quarter. Wells Fargo & Company MN now owns 1,457,611 shares of the business services provider’s stock valued at $77,647,000 after acquiring an additional 622,177 shares in the last quarter. Finally, Rice Hall James & Associates LLC raised its holdings in WNS by 1.3% in the 1st quarter. Rice Hall James & Associates LLC now owns 856,660 shares of the business services provider’s stock valued at $45,634,000 after acquiring an additional 10,710 shares in the last quarter. Institutional investors own 94.14% of the company’s stock.

About WNS

WNS (Holdings) Limited, a business process management company, together with its subsidiaries, provides data, voice, analytical, and business transformation services worldwide. It operates through two segments, WNS Global BPM and WNS Auto Claims BPM. The company offers industry-specific services to clients primarily in insurance; travel and leisure; diversified businesses, including manufacturing, retail, consumer packaged goods, media and entertainment, and telecommunication; utilities; consulting and professional services; healthcare; banking and financial services; and shipping and logistics industries.

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Analyst Recommendations for WNS (NYSE:WNS)

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