WNS’s (WNS) Outperform Rating Reiterated at Barrington Research

Barrington Research reiterated their outperform rating on shares of WNS (NYSE:WNS) in a research report sent to investors on Monday, Benzinga reports. The brokerage currently has a $72.00 price objective on the business services provider’s stock.

WNS has been the topic of several other reports. Citigroup raised their target price on WNS from $73.00 to $76.00 and gave the stock a buy rating in a research note on Wednesday, January 17th. Needham & Company LLC reissued a buy rating and issued a $80.00 target price on shares of WNS in a research note on Friday, March 1st. Finally, StockNews.com cut WNS from a buy rating to a hold rating in a research note on Tuesday, April 2nd. One research analyst has rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of Moderate Buy and a consensus price target of $85.88.

WNS Stock Down 3.0 %

WNS opened at $45.96 on Monday. The stock has a market cap of $2.20 billion, a PE ratio of 13.97 and a beta of 1.04. The company has a quick ratio of 1.82, a current ratio of 1.82 and a debt-to-equity ratio of 0.14. WNS has a 52 week low of $45.44 and a 52 week high of $92.35. The business’s fifty day simple moving average is $54.54 and its 200 day simple moving average is $59.62.

WNS (NYSE:WNS) last announced its quarterly earnings data 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 firm had revenue of $315.90 million for the quarter, compared to analysts’ expectations of $313.21 million. As a group, research analysts expect that WNS will post 3.44 earnings per share for the current fiscal year.

Hedge Funds Weigh In On WNS

Large investors have recently made changes to their positions in the business. 1832 Asset Management L.P. purchased a new position in shares of WNS during the fourth quarter valued at approximately $40,000. Lindbrook Capital LLC lifted its holdings in shares of WNS by 33.0% during the fourth quarter. Lindbrook Capital LLC now owns 754 shares of the business services provider’s stock valued at $48,000 after purchasing an additional 187 shares during the last quarter. CWM LLC lifted its holdings in shares of WNS by 490.6% during the fourth quarter. CWM LLC now owns 756 shares of the business services provider’s stock valued at $48,000 after purchasing an additional 628 shares during the last quarter. Parallel Advisors LLC lifted its holdings in shares of WNS by 30.4% during the fourth quarter. Parallel Advisors LLC now owns 841 shares of the business services provider’s stock valued at $53,000 after purchasing an additional 196 shares during the last quarter. Finally, SRS Capital Advisors Inc. purchased a new position in shares of WNS during the first quarter valued at approximately $53,000. 97.36% of the stock is currently owned by hedge funds and other institutional investors.

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 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.