WNS’s (WNS) “Hold (C)” Rating Reiterated at Weiss Ratings

Weiss Ratings reiterated their hold (c) rating on shares of WNS (NYSE:WNS) in a research note released on Wednesday,Weiss Ratings reports.

Other analysts have also recently issued reports about the stock. Deutsche Bank Aktiengesellschaft initiated coverage on shares of WNS in a research note on Thursday, July 17th. They set a “hold” rating and a $76.50 price objective for the company. Jefferies Financial Group reissued a “hold” rating and set a $76.50 price objective (down from $80.00) on shares of WNS in a research note on Tuesday, July 8th. William Blair cut shares of WNS from a “strong-buy” rating to a “market perform” rating in a research note on Monday, July 7th. Wall Street Zen cut shares of WNS from a “buy” rating to a “hold” rating in a research note on Saturday, July 12th. Finally, Baird R W cut shares of WNS from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 8th. Two equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $67.43.

WNS Trading Up 0.0%

Shares of WNS opened at $76.33 on Wednesday. The stock has a fifty day moving average of $75.64 and a two-hundred day moving average of $67.67. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.47 and a current ratio of 1.47. The company has a market capitalization of $3.27 billion, a PE ratio of 21.26, a price-to-earnings-growth ratio of 2.25 and a beta of 0.91. WNS has a fifty-two week low of $42.62 and a fifty-two week high of $76.39.

WNS (NYSE:WNS) last announced its quarterly earnings data on Thursday, July 24th. The business services provider reported $1.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.97 by $0.05. WNS had a net margin of 12.11% and a return on equity of 22.90%. The company had revenue of $339.90 million during the quarter, compared to analysts’ expectations of $323.13 million. During the same period in the previous year, the company earned $0.93 EPS. The business’s quarterly revenue was up 9.5% compared to the same quarter last year. As a group, analysts forecast that WNS will post 3.8 EPS for the current year.

Institutional Trading of WNS

Several large investors have recently added to or reduced their stakes in WNS. J.Safra Asset Management Corp increased its holdings in WNS by 67.7% in the 2nd quarter. J.Safra Asset Management Corp now owns 483 shares of the business services provider’s stock valued at $29,000 after purchasing an additional 195 shares in the last quarter. Quarry LP purchased a new position in WNS in the 1st quarter valued at about $47,000. GAMMA Investing LLC boosted its position in WNS by 49.3% in the 3rd quarter. GAMMA Investing LLC now owns 615 shares of the business services provider’s stock valued at $47,000 after buying an additional 203 shares during the last quarter. Assetmark Inc. boosted its position in WNS by 17.3% in the 2nd quarter. Assetmark Inc. now owns 909 shares of the business services provider’s stock valued at $57,000 after buying an additional 134 shares during the last quarter. Finally, EverSource Wealth Advisors LLC boosted its position in WNS by 206.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,432 shares of the business services provider’s stock valued at $91,000 after buying an additional 965 shares during the last quarter. 97.36% of the stock is currently owned by institutional investors and hedge funds.

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 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.