WNS (WNS) – Research Analysts’ Weekly Ratings Changes

A number of firms have modified their ratings and price targets on shares of WNS (NYSE: WNS) recently:

• 4/26/2024 – WNS was downgraded by analysts at Deutsche Bank Aktiengesellschaft from a “buy” rating to a “hold” rating. They now have a $44.00 price target on the stock, down previously from $64.00.
• 4/26/2024 – WNS had its price target lowered by analysts at TD Cowen from $70.00 to $64.00. They now have a “buy” rating on the stock.
• 4/25/2024 – WNS had its price target lowered by analysts at Needham & Company LLC from $80.00 to $60.00. They now have a “buy” rating on the stock.
• 4/22/2024 – WNS had its price target lowered by analysts at Citigroup Inc. from $80.00 to $62.00. They now have a “buy” rating on the stock.
• 4/15/2024 – WNS had its “outperform” rating reaffirmed by analysts at Barrington Research. They now have a $72.00 price target on the stock.
• 4/2/2024 – WNS was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
• 3/19/2024 – WNS was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
• 3/11/2024 – WNS was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.

WNS Stock Down 1.4 %

Shares of NYSE:WNS opened at $49.03 on Friday. WNS has a 12-month low of $39.85 and a 12-month high of $80.27. The stock has a market capitalization of $2.34 billion and a price-to-earnings ratio of 17.33. The stock has a fifty day simple moving average of $50.37 and a two-hundred day simple moving average of $57.32. The company has a current ratio of 1.71, a quick ratio of 1.82 and a debt-to-equity ratio of 0.35.

WNS (NYSE:WNS) last announced its quarterly earnings results on Thursday, April 25th. The business services provider reported $0.96 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.85 by $0.11. The company had revenue of $325.90 million for the quarter, compared to analysts’ expectations of $322.92 million. WNS had a net margin of 10.59% and a return on equity of 22.23%. On average, research analysts anticipate that WNS will post 3.62 earnings per share for the current fiscal year.

Hedge Funds Weigh In On WNS

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. BI Asset Management Fondsmaeglerselskab A S purchased a new position in shares of WNS during the first quarter valued at approximately $38,000. Lindbrook Capital LLC boosted its stake in shares of WNS by 33.0% in the 4th quarter. Lindbrook Capital LLC now owns 754 shares of the business services provider’s stock worth $48,000 after buying an additional 187 shares during the last quarter. CWM LLC grew its holdings in shares of WNS by 490.6% in the fourth quarter. CWM LLC now owns 756 shares of the business services provider’s stock worth $48,000 after acquiring an additional 628 shares during the period. Parallel Advisors LLC increased its position in 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 acquiring an additional 196 shares during the last quarter. Finally, GAMMA Investing LLC bought a new position in WNS in the fourth quarter valued at about $64,000. 97.36% of the stock is owned by institutional investors.

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.