WNS (NYSE:WNS) PT Raised to $73.00 at JPMorgan Chase & Co.

WNS (NYSE:WNS) had its price target boosted by JPMorgan Chase & Co. from $60.00 to $73.00 in a report released on Friday, Benzinga reports. The firm currently has a neutral rating on the business services provider’s stock.

A number of other brokerages have also recently issued reports on WNS. Barrington Research reaffirmed an outperform rating and set a $70.00 price objective on shares of WNS in a research note on Thursday, August 22nd. Needham & Company LLC increased their target price on WNS from $60.00 to $70.00 and gave the company a buy rating in a report on Friday, July 19th. Three analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of Moderate Buy and an average target price of $66.43.

WNS Trading Down 1.6 %

NYSE WNS opened at $55.97 on Friday. The company has a market capitalization of $2.68 billion and a price-to-earnings ratio of 19.78. The stock’s 50-day simple moving average is $57.41 and its two-hundred day simple moving average is $53.40. The company has a quick ratio of 1.60, a current ratio of 1.60 and a debt-to-equity ratio of 0.23. WNS has a twelve month low of $39.85 and a twelve month high of $74.54.

WNS (NYSE:WNS) last announced its quarterly earnings data on Thursday, July 18th. The business services provider reported $0.93 earnings per share for the quarter, topping analysts’ consensus estimates of $0.91 by $0.02. WNS had a net margin of 10.52% and a return on equity of 22.05%. The firm had revenue of $312.40 million during the quarter, compared to analyst estimates of $310.49 million. During the same period in the previous year, the business posted $0.76 EPS. The business’s quarterly revenue was down 1.6% on a year-over-year basis. Research analysts forecast that WNS will post 3.72 EPS for the current fiscal year.

Institutional Trading of WNS

Large investors have recently modified their holdings of the business. CWM LLC raised its position in WNS by 490.6% during the 4th quarter. CWM LLC now owns 756 shares of the business services provider’s stock valued at $48,000 after purchasing an additional 628 shares during the last quarter. Truist Financial Corp purchased a new position in shares of WNS during the fourth quarter valued at approximately $201,000. Van ECK Associates Corp raised its holdings in shares of WNS by 86.5% during the fourth quarter. Van ECK Associates Corp now owns 2,411 shares of the business services provider’s stock valued at $152,000 after acquiring an additional 1,118 shares in the last quarter. AGF Management Ltd. bought a new position in shares of WNS during the fourth quarter valued at approximately $13,137,000. Finally, Jump Financial LLC lifted its stake in WNS by 86.9% in the fourth quarter. Jump Financial LLC now owns 30,943 shares of the business services provider’s stock worth $1,956,000 after acquiring an additional 14,386 shares during the period. 97.36% of the stock is owned by institutional investors.

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.