WNS’s (WNS) “Outperform” Rating Reiterated at Barrington Research

Barrington Research restated their outperform rating on shares of WNS (NYSE:WNS) in a research note issued to investors on Friday morning,Benzinga reports. The firm currently has a $75.00 price objective on the business services provider’s stock.

A number of other equities research analysts also recently weighed in on the stock. Needham & Company LLC raised their target price on shares of WNS from $65.00 to $70.00 and gave the company a “buy” rating in a research note on Tuesday, March 11th. Robert W. Baird lifted their price objective on shares of WNS from $58.00 to $66.00 and gave the stock an “outperform” rating in a report on Friday, January 24th. StockNews.com upgraded WNS from a “hold” rating to a “buy” rating in a research report on Friday, January 24th. Finally, Jefferies Financial Group cut their price objective on WNS from $60.00 to $55.00 and set a “buy” rating for the company in a report on Tuesday, January 21st. Three investment analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $62.25.

WNS Trading Up 0.2 %

WNS stock opened at $60.08 on Friday. The stock has a market cap of $2.78 billion, a P/E ratio of 21.01, a PEG ratio of 2.10 and a beta of 0.96. WNS has a fifty-two week low of $40.02 and a fifty-two week high of $72.11. The firm’s fifty day moving average price is $61.78 and its 200-day moving average price is $54.81. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.81 and a current ratio of 1.81.

WNS (NYSE:WNS) last announced its earnings results 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 return on equity of 22.25% and a net margin of 10.03%. Equities research analysts forecast that WNS will post 3.8 earnings per share for the current fiscal year.

Institutional Investors Weigh In On WNS

A number of hedge funds and other institutional investors have recently modified their holdings of WNS. Hhlr Advisors LTD. purchased a new position in WNS in the 4th quarter worth approximately $72,576,000. Thrivent Financial for Lutherans grew its holdings in shares of 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 worth $70,307,000 after purchasing an additional 312,519 shares during the last quarter. William Blair Investment Management LLC grew its holdings in shares of 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 worth $52,733,000 after purchasing an additional 53,433 shares during the last quarter. Nuveen Asset Management LLC increased its stake in shares of WNS by 9.9% in the fourth quarter. Nuveen Asset Management LLC now owns 605,951 shares of the business services provider’s stock worth $28,716,000 after buying an additional 54,781 shares during the period. Finally, Vanguard Group Inc. raised its holdings in WNS by 27.1% during the 4th quarter. Vanguard Group Inc. now owns 415,556 shares of the business services provider’s stock valued at $19,693,000 after buying an additional 88,698 shares during the last quarter. Institutional investors own 97.36% of the company’s stock.

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.