WNS (NYSE:WNS) Stock Rating Reaffirmed by Barrington Research

WNS (NYSE:WNS)‘s stock had its “outperform” rating reiterated by research analysts at Barrington Research in a research report issued to clients and investors on Monday, Benzinga reports. They currently have a $72.00 price target on the business services provider’s stock. Barrington Research’s price objective would suggest a potential upside of 45.28% from the stock’s previous close.

Other equities analysts have also issued reports about the company. Citigroup increased their price target on WNS from $73.00 to $76.00 and gave the company a “buy” rating in a research note on Wednesday, January 17th. StockNews.com lowered WNS from a “buy” rating to a “hold” rating in a research note on Tuesday, April 2nd. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $80.00 price target on shares of WNS in a research note on Friday, March 1st. One investment analyst has rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $85.88.

WNS Stock Performance

Shares of NYSE:WNS traded down $1.78 during trading on Monday, hitting $49.56. 40,072 shares of the company traded hands, compared to its average volume of 375,263. WNS has a one year low of $46.89 and a one year high of $92.35. The stock has a market capitalization of $2.37 billion, a price-to-earnings ratio of 15.39 and a beta of 1.04. The business’s fifty day moving average is $55.32 and its 200-day moving average is $60.02. 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 issued its quarterly earnings data on Thursday, January 18th. The business services provider reported $0.98 earnings per share (EPS) for the quarter, topping 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 business had revenue of $315.90 million during the quarter, compared to analyst estimates of $313.21 million. As a group, equities analysts predict that WNS will post 3.44 earnings per share for the current fiscal year.

Hedge Funds Weigh In On WNS

A number of hedge funds have recently modified their holdings of the stock. 1832 Asset Management L.P. acquired a new position in WNS in the 4th quarter worth about $40,000. Lindbrook Capital LLC increased its holdings in WNS by 33.0% in the fourth quarter. Lindbrook Capital LLC now owns 754 shares of the business services provider’s stock worth $48,000 after buying an additional 187 shares during the last quarter. CWM LLC raised its position in WNS by 490.6% during the fourth quarter. CWM LLC now owns 756 shares of the business services provider’s stock valued at $48,000 after acquiring an additional 628 shares in the last quarter. Parallel Advisors LLC grew its position in WNS by 30.4% in the fourth quarter. Parallel Advisors LLC now owns 841 shares of the business services provider’s stock worth $53,000 after acquiring an additional 196 shares in the last quarter. Finally, SRS Capital Advisors Inc. bought a new stake in WNS in the first quarter worth approximately $53,000. 97.36% of the stock is owned by institutional investors and hedge funds.

About WNS

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.