WNS (Holdings) Limited (NYSE:WNS) Given Average Recommendation of “Moderate Buy” by Analysts

WNS (Holdings) Limited (NYSE:WNS) has been assigned a consensus recommendation of “Moderate Buy” from the eight brokerages that are presently covering the firm, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 1-year price target among analysts that have covered the stock in the last year is $61.63.

Several equities research analysts have recently commented on WNS shares. Robert W. Baird upped their price target on shares of WNS from $58.00 to $66.00 and gave the company an “outperform” rating in a research report on Friday, January 24th. Needham & Company LLC upped their price target on shares of WNS from $65.00 to $70.00 and gave the company a “buy” rating in a research report on Tuesday, March 11th. Jefferies Financial Group reduced their price target on shares of WNS from $60.00 to $55.00 and set a “buy” rating for the company in a research report on Tuesday, January 21st. Finally, StockNews.com raised shares of WNS from a “hold” rating to a “buy” rating in a research report on Friday, January 24th.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Johnson Financial Group Inc. bought a new position in WNS in the 4th quarter worth approximately $53,000. Blue Trust Inc. boosted its stake in WNS by 65.0% in the 4th quarter. Blue Trust Inc. now owns 4,397 shares of the business services provider’s stock worth $208,000 after purchasing an additional 1,732 shares during the period. Pictet Asset Management Holding SA bought a new position in WNS in the 4th quarter worth approximately $213,000. Cetera Investment Advisers boosted its stake in WNS by 35.0% in the 4th quarter. Cetera Investment Advisers now owns 5,134 shares of the business services provider’s stock worth $243,000 after purchasing an additional 1,331 shares during the period. Finally, Mount Yale Investment Advisors LLC boosted its stake in WNS by 18.1% in the 4th quarter. Mount Yale Investment Advisors LLC now owns 5,261 shares of the business services provider’s stock worth $249,000 after purchasing an additional 805 shares during the period. 97.36% of the stock is currently owned by institutional investors.

WNS Price Performance

Shares of NYSE:WNS opened at $61.95 on Wednesday. WNS has a fifty-two week low of $39.85 and a fifty-two week high of $65.03. The business has a 50-day simple moving average of $55.65 and a two-hundred day simple moving average of $52.57. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.81 and a current ratio of 1.81. The firm has a market cap of $2.86 billion, a price-to-earnings ratio of 21.66, a price-to-earnings-growth ratio of 2.10 and a beta of 1.22.

WNS (NYSE:WNS) last released its quarterly earnings results on Thursday, January 23rd. The business services provider reported $0.89 EPS for the quarter, missing the consensus estimate of $1.04 by ($0.15). WNS had a net margin of 10.03% and a return on equity of 22.25%. On average, analysts expect that WNS will post 3.8 earnings per share for the current year.

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.