WNS (Holdings) Limited (NYSE:WNS) Receives $60.33 Average PT from Analysts

WNS (Holdings) Limited (NYSE:WNS) has been given a consensus recommendation of “Moderate Buy” by the eight ratings firms that are presently covering the firm, MarketBeat.com 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 issued a report on the stock in the last year is $61.00.

WNS has been the topic of several research reports. Barrington Research reissued an “outperform” rating and set a $70.00 price target on shares of WNS in a research report on Friday, October 18th. StockNews.com upgraded shares of WNS from a “hold” rating to a “buy” rating in a report on Friday. TD Cowen downgraded shares of WNS from a “buy” rating to a “hold” rating and dropped their price target for the stock from $64.00 to $53.00 in a research note on Thursday, October 17th. Deutsche Bank Aktiengesellschaft decreased their target price on WNS from $55.00 to $51.00 and set a “hold” rating for the company in a report on Thursday, October 3rd. Finally, Citigroup set a $55.00 price target on WNS in a report on Thursday, October 17th.

WNS Stock Performance

NYSE:WNS opened at $61.70 on Tuesday. The stock has a market capitalization of $2.95 billion, a P/E ratio of 23.73, a PEG ratio of 2.00 and a beta of 1.16. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.62 and a current ratio of 1.62. WNS has a fifty-two week low of $39.85 and a fifty-two week high of $72.40. The company has a 50 day moving average price of $48.89 and a 200 day moving average price of $52.34.

WNS (NYSE:WNS) last issued its quarterly earnings data on Thursday, January 23rd. The business services provider reported $0.89 earnings per share for the quarter, missing analysts’ consensus estimates of $1.04 by ($0.15). WNS had a net margin of 9.39% and a return on equity of 22.76%. Equities research analysts forecast that WNS will post 3.52 EPS for the current year.

Hedge Funds Weigh In On WNS

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. EverSource Wealth Advisors LLC grew its position in shares of WNS by 228.9% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 523 shares of the business services provider’s stock valued at $27,000 after buying an additional 364 shares during the last quarter. Financial Management Professionals Inc. purchased a new position in shares of WNS during the third quarter worth about $46,000. Amalgamated Bank acquired a new stake in shares of WNS during the second quarter worth about $84,000. GAMMA Investing LLC lifted its holdings in shares of WNS by 237.2% in the 3rd quarter. GAMMA Investing LLC now owns 2,141 shares of the business services provider’s stock valued at $113,000 after purchasing an additional 1,506 shares during the last quarter. Finally, Blue Trust Inc. boosted its position in shares of WNS by 1,151.2% in the 3rd quarter. Blue Trust Inc. now owns 2,665 shares of the business services provider’s stock valued at $140,000 after purchasing an additional 2,452 shares during the period. 97.36% of the stock is 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.