WNS (Holdings) Limited (NYSE:WNS) Receives $68.13 Consensus Price Target from Analysts

WNS (Holdings) Limited (NYSE:WNS) has been assigned an average rating of “Hold” from the nine analysts that are currently covering the stock, MarketBeat Ratings reports. Seven investment analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average 1 year price target among analysts that have covered the stock in the last year is $67.4286.

Several brokerages have issued reports on WNS. Jefferies Financial Group restated a “hold” rating and issued a $76.50 target price (down from $80.00) on shares of WNS in a report on Tuesday, July 8th. Wall Street Zen cut WNS from a “buy” rating to a “hold” rating in a report on Saturday, July 12th. Baird R W cut WNS from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 8th. Deutsche Bank Aktiengesellschaft started coverage on WNS in a report on Thursday, July 17th. They set a “hold” rating and a $76.50 price target for the company. Finally, Needham & Company LLC cut WNS from a “moderate buy” rating to a “hold” rating in a report on Monday, July 7th.

Hedge Funds Weigh In On WNS

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Pzena Investment Management LLC purchased a new position in WNS during the 2nd quarter valued at about $105,134,000. Thrivent Financial for Lutherans boosted its holdings in WNS by 2.0% during the 2nd quarter. Thrivent Financial for Lutherans now owns 1,465,789 shares of the business services provider’s stock valued at $92,696,000 after acquiring an additional 29,101 shares during the period. Diamond Hill Capital Management Inc. boosted its holdings in WNS by 2.6% during the 1st quarter. Diamond Hill Capital Management Inc. now owns 1,408,501 shares of the business services provider’s stock valued at $86,609,000 after acquiring an additional 35,074 shares during the period. Alliancebernstein L.P. boosted its holdings in WNS by 3.0% during the 1st quarter. Alliancebernstein L.P. now owns 1,405,672 shares of the business services provider’s stock valued at $86,435,000 after acquiring an additional 41,505 shares during the period. Finally, Westfield Capital Management Co. LP purchased a new position in WNS during the 1st quarter valued at about $51,712,000. 97.36% of the stock is currently owned by hedge funds and other institutional investors.

WNS Stock Up 0.0%

NYSE WNS opened at $75.43 on Wednesday. The business has a fifty day moving average price of $73.99 and a 200 day moving average price of $64.82. WNS has a one year low of $42.62 and a one year high of $75.58. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.47 and a current ratio of 1.47. The company has a market cap of $3.24 billion, a P/E ratio of 21.01, a P/E/G ratio of 2.24 and a beta of 0.91.

WNS (NYSE:WNS) last posted its quarterly earnings data on Thursday, July 24th. The business services provider reported $1.02 EPS for the quarter, beating the consensus estimate of $0.97 by $0.05. The firm had revenue of $339.90 million during the quarter, compared to the consensus estimate of $323.13 million. WNS had a return on equity of 22.90% and a net margin of 12.11%.The firm’s revenue was up 9.5% compared to the same quarter last year. During the same period in the prior year, the company earned $0.93 EPS. Research 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.