Analysts Set WNS (Holdings) Limited (NYSE:WNS) PT at $61.00

WNS (Holdings) Limited (NYSE:WNS) has been given a consensus rating of “Moderate Buy” by the eight analysts that are presently covering the stock, Marketbeat reports. Three analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is $61.00.

A number of brokerages have recently issued reports on WNS. StockNews.com upgraded shares of WNS from a “hold” rating to a “buy” rating in a research report on Friday, January 24th. Jefferies Financial Group cut their price target on shares of WNS from $60.00 to $55.00 and set a “buy” rating on the stock in a research report on Tuesday, January 21st. Needham & Company LLC increased their price target on WNS from $60.00 to $65.00 and gave the stock a “buy” rating in a report on Thursday, January 23rd. Finally, Robert W. Baird boosted their price objective on WNS from $58.00 to $66.00 and gave the company an “outperform” rating in a research note on Friday, January 24th.

Institutional Trading of WNS

A number of hedge funds and other institutional investors have recently modified their holdings of the business. FMR LLC increased its holdings in 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 in the last quarter. Hhlr Advisors LTD. purchased a new stake in shares of WNS in the 4th quarter worth $72,576,000. Thrivent Financial for Lutherans increased its position 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 worth $70,307,000 after buying an additional 312,519 shares in the last quarter. William Blair Investment Management LLC boosted its position 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 period. Finally, State Street Corp increased its stake in WNS by 40.5% in the 3rd quarter. State Street Corp now owns 743,343 shares of the business services provider’s stock worth $39,182,000 after buying an additional 214,417 shares in the last quarter. 97.36% of the stock is owned by hedge funds and other institutional investors.

WNS Stock Performance

Shares of WNS stock opened at $58.46 on Friday. The company has a 50 day moving average of $51.43 and a 200-day moving average of $52.65. The company has a market cap of $2.79 billion, a PE ratio of 20.44, a price-to-earnings-growth ratio of 2.18 and a beta of 1.19. The company has a current ratio of 1.62, a quick ratio of 1.62 and a debt-to-equity ratio of 0.23. WNS has a 1-year low of $39.85 and a 1-year high of $65.03.

WNS (NYSE:WNS) last released its quarterly earnings data 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 return on equity of 22.37% and a net margin of 10.03%. As a group, equities research analysts forecast that WNS will post 3.8 earnings per share for the current fiscal year.

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.