WNS (Holdings) Limited (NYSE:WNS) Receives $61.63 Average Price Target from Analysts

Shares of WNS (Holdings) Limited (NYSE:WNS) have been given a consensus rating of “Moderate Buy” by the eight analysts that are covering the company, MarketBeat.com reports. Three research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $61.63.

Several analysts have recently issued reports on the company. Robert W. Baird upped their price objective on 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 target price on shares of WNS from $65.00 to $70.00 and gave the company a “buy” rating in a report on Tuesday, March 11th. Jefferies Financial Group reduced their price objective on shares of WNS from $60.00 to $55.00 and set a “buy” rating on the stock in a research note on Tuesday, January 21st. Finally, StockNews.com raised shares of WNS from a “hold” rating to a “buy” rating in a research note on Friday, January 24th.

Hedge Funds Weigh In On WNS

Large investors have recently bought and sold shares of the stock. FMR LLC raised its position in shares of WNS by 2.1% in the 3rd quarter. FMR LLC now owns 4,898,543 shares of the business services provider’s stock worth $258,202,000 after buying an additional 99,195 shares during the period. Hhlr Advisors LTD. purchased a new position in shares of WNS in the 4th quarter worth about $72,576,000. Thrivent Financial for Lutherans raised its holdings in WNS by 26.7% in the fourth quarter. Thrivent Financial for Lutherans now owns 1,483,569 shares of the business services provider’s stock valued at $70,307,000 after buying an additional 312,519 shares during the period. William Blair Investment Management LLC raised its holdings in WNS by 5.0% in the fourth quarter. William Blair Investment Management LLC now owns 1,112,743 shares of the business services provider’s stock valued at $52,733,000 after buying an additional 53,433 shares during the period. Finally, State Street Corp raised its holdings in WNS by 40.5% in the third quarter. State Street Corp now owns 743,343 shares of the business services provider’s stock valued at $39,182,000 after buying an additional 214,417 shares during the period. Hedge funds and other institutional investors own 97.36% of the company’s stock.

WNS Stock Up 0.0 %

Shares of NYSE WNS opened at $63.53 on Wednesday. WNS has a 12-month low of $39.85 and a 12-month high of $65.03. The company has a market capitalization of $2.94 billion, a PE ratio of 22.21, a price-to-earnings-growth ratio of 2.10 and a beta of 1.22. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.81 and a quick ratio of 1.81. The firm’s 50-day moving average is $56.34 and its two-hundred day moving average is $52.63.

WNS (NYSE:WNS) last posted its earnings results on Thursday, January 23rd. The business services provider reported $0.89 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.04 by ($0.15). WNS had a net margin of 10.03% and a return on equity of 22.25%. Equities analysts anticipate that WNS will post 3.8 EPS for the current fiscal 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.