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

Shares of WNS (Holdings) Limited (NYSE:WNS) have been assigned an average recommendation of “Buy” from the six brokerages that are presently covering the firm, MarketBeat reports. Six investment analysts have rated the stock with a buy recommendation. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $85.88.

A number of equities research analysts recently commented on WNS shares. Needham & Company LLC reiterated a “buy” rating and issued a $80.00 target price on shares of WNS in a research report on Friday, March 1st. StockNews.com raised WNS from a “hold” rating to a “buy” rating in a research note on Tuesday, March 19th. Citigroup boosted their price target on shares of WNS from $73.00 to $76.00 and gave the stock a “buy” rating in a report on Wednesday, January 17th. Finally, Barrington Research decreased their price objective on shares of WNS from $80.00 to $72.00 and set an “outperform” rating on the stock in a report on Monday, February 5th.

WNS Trading Up 1.1 %

Shares of WNS opened at $50.53 on Monday. WNS has a fifty-two week low of $49.67 and a fifty-two week high of $94.96. The stock has a market capitalization of $2.42 billion, a PE ratio of 15.36, a P/E/G ratio of 1.35 and a beta of 1.05. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.82 and a current ratio of 1.82. The company’s fifty day moving average is $59.19 and its 200 day moving average is $61.32.

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

Institutional Trading of WNS

A number of hedge funds have recently bought and sold shares of WNS. Wellington Management Group LLP grew its holdings in shares of WNS by 4.0% in the fourth quarter. Wellington Management Group LLP now owns 747,724 shares of the business services provider’s stock valued at $47,256,000 after purchasing an additional 28,833 shares in the last quarter. Congress Asset Management Co. MA grew its holdings in shares of WNS by 10.4% during the fourth quarter. Congress Asset Management Co. MA now owns 515,761 shares of the business services provider’s stock worth $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 in the 4th quarter worth $235,000. Aurora Investment Counsel raised its position in WNS by 6.7% in the fourth quarter. Aurora Investment Counsel now owns 28,515 shares of the business services provider’s stock worth $2,002,000 after acquiring an additional 1,798 shares in the last quarter. Finally, Townsquare Capital LLC increased its stake in WNS by 15.3% in the 4th quarter. Townsquare Capital LLC now owns 35,297 shares of the business services provider’s stock valued at $2,231,000 after purchasing an additional 4,685 shares in the last quarter. Institutional investors and hedge funds own 97.36% of the company’s stock.

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.