WNS (Holdings) Limited (NYSE:WNS) Given Average Rating of “Moderate Buy” by Brokerages

WNS (Holdings) Limited (NYSE:WNS) has received a consensus recommendation of “Moderate Buy” from the six analysts that are covering the stock, MarketBeat reports. Three investment analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12-month target price among brokers that have covered the stock in the last year is $60.33.

A number of research analysts have recently commented on WNS shares. Citigroup set a $55.00 price target on shares of WNS in a report on Thursday, October 17th. Barrington Research reaffirmed an “outperform” rating and set a $70.00 target price on shares of WNS in a research report on Friday, October 18th. TD Cowen lowered WNS from a “buy” rating to a “hold” rating and lowered their price target for the company from $64.00 to $53.00 in a report on Thursday, October 17th. Deutsche Bank Aktiengesellschaft reduced their price objective on WNS from $55.00 to $51.00 and set a “hold” rating on the stock in a report on Thursday, October 3rd. Finally, JPMorgan Chase & Co. upped their target price on WNS from $60.00 to $73.00 and gave the stock a “neutral” rating in a report on Friday, September 6th.

Institutional Trading of WNS

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. BKM Wealth Management LLC raised its position in shares of WNS by 2.8% in the 3rd quarter. BKM Wealth Management LLC now owns 10,972 shares of the business services provider’s stock worth $578,000 after acquiring an additional 298 shares in the last quarter. EverSource Wealth Advisors LLC grew its stake in WNS by 228.9% in the second quarter. EverSource Wealth Advisors LLC now owns 523 shares of the business services provider’s stock valued at $27,000 after purchasing an additional 364 shares during the last quarter. Verdence Capital Advisors LLC raised its holdings in WNS by 4.2% in the third quarter. Verdence Capital Advisors LLC now owns 10,022 shares of the business services provider’s stock worth $528,000 after purchasing an additional 407 shares in the last quarter. Inspire Advisors LLC lifted its position in shares of WNS by 4.5% during the second quarter. Inspire Advisors LLC now owns 13,147 shares of the business services provider’s stock valued at $690,000 after buying an additional 568 shares during the last quarter. Finally, Aurora Investment Counsel boosted its holdings in shares of WNS by 1.8% in the 3rd quarter. Aurora Investment Counsel now owns 35,137 shares of the business services provider’s stock valued at $1,852,000 after buying an additional 618 shares in the last quarter. Institutional investors own 97.36% of the company’s stock.

WNS Stock Performance

WNS stock opened at $46.79 on Wednesday. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.62 and a quick ratio of 1.62. The firm has a market capitalization of $2.24 billion, a P/E ratio of 18.00, a price-to-earnings-growth ratio of 1.93 and a beta of 1.14. WNS has a 1-year low of $39.85 and a 1-year high of $72.57. The company’s 50-day moving average is $49.73 and its 200 day moving average is $53.02.

WNS (NYSE:WNS) last issued its quarterly earnings results on Thursday, October 17th. The business services provider reported $0.99 earnings per share for the quarter, topping the consensus estimate of $0.78 by $0.21. The firm had revenue of $310.70 million for the quarter, compared to the consensus estimate of $313.66 million. WNS had a return on equity of 22.76% and a net margin of 9.39%. Research analysts forecast that WNS will post 3.52 EPS for the current 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.