WNS (NYSE:WNS) Sets New 1-Year Low at $49.67

WNS (Holdings) Limited (NYSE:WNS)’s share price hit a new 52-week low during trading on Thursday . The company traded as low as $49.67 and last traded at $50.93, with a volume of 4492 shares changing hands. The stock had previously closed at $50.00.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. Needham & Company LLC reaffirmed a “buy” rating and issued a $80.00 target price on shares of WNS in a report on Friday, March 1st. StockNews.com raised shares of WNS from a “hold” rating to a “buy” rating in a report on Tuesday, March 19th. Citigroup lifted their target price on shares of WNS from $73.00 to $76.00 and gave the company a “buy” rating in a report on Wednesday, January 17th. Finally, Barrington Research dropped their price objective on shares of WNS from $80.00 to $72.00 and set an “outperform” rating on the stock in a research note on Monday, February 5th. Seven research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, WNS presently has an average rating of “Buy” and a consensus target price of $85.88.

WNS Price Performance

The company has a 50 day moving average of $59.78 and a 200-day moving average of $61.49. The stock has a market capitalization of $2.44 billion, a P/E ratio of 15.20, a PEG ratio of 1.36 and a beta of 1.05. The company has a quick ratio of 1.82, a current ratio of 1.82 and a debt-to-equity ratio of 0.14.

WNS (NYSE:WNS) last posted its earnings results on Thursday, January 18th. The business services provider reported $0.98 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.80 by $0.18. WNS had a return on equity of 21.71% and a net margin of 12.59%. The company had revenue of $315.90 million for the quarter, compared to analysts’ expectations of $313.21 million. Sell-side analysts predict that WNS will post 3.44 EPS for the current year.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Wellington Management Group LLP grew its stake in WNS by 4.0% during the 4th quarter. Wellington Management Group LLP now owns 747,724 shares of the business services provider’s stock valued at $47,256,000 after acquiring an additional 28,833 shares in the last quarter. Congress Asset Management Co. MA lifted its holdings in shares of WNS by 10.4% during the 4th quarter. Congress Asset Management Co. MA now owns 515,761 shares of the business services provider’s stock valued at $32,596,000 after buying an additional 48,640 shares during the last quarter. Virtu Financial LLC acquired a new stake in shares of WNS during the 4th quarter valued at about $235,000. Aurora Investment Counsel lifted its holdings in WNS by 6.7% in the 4th quarter. Aurora Investment Counsel now owns 28,515 shares of the business services provider’s stock worth $2,002,000 after purchasing an additional 1,798 shares during the last quarter. Finally, Townsquare Capital LLC lifted its holdings in WNS by 15.3% in the 4th quarter. Townsquare Capital LLC now owns 35,297 shares of the business services provider’s stock worth $2,231,000 after purchasing an additional 4,685 shares during the last quarter. 97.36% of the stock is owned by institutional investors and hedge funds.

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 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.