WNS (NYSE:WNS) Reaches New 1-Year High on Analyst Upgrade

WNS (Holdings) Limited (NYSE:WNS) hit a new 52-week high during trading on Thursday after Barrington Research raised their price target on the stock from $63.00 to $75.00. Barrington Research currently has an outperform rating on the stock. WNS traded as high as $65.26 and last traded at $64.64, with a volume of 57647 shares changing hands. The stock had previously closed at $63.36.

Several other brokerages have also recently commented on WNS. Needham & Company LLC raised their target price on shares of WNS from $65.00 to $70.00 and gave the stock a “buy” rating in a report on Tuesday, March 11th. StockNews.com raised WNS from a “hold” rating to a “buy” rating in a report on Friday, January 24th. Jefferies Financial Group reduced their target price on WNS from $60.00 to $55.00 and set a “buy” rating on the stock in a report on Tuesday, January 21st. Finally, Robert W. Baird boosted their price target on WNS from $58.00 to $66.00 and gave the company an “outperform” rating in a research note on Friday, January 24th. Three equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $62.25.

Institutional Trading of WNS

Several large investors have recently bought and sold shares of WNS. Johnson Financial Group Inc. bought a new position in shares of WNS in the fourth quarter worth about $53,000. Blue Trust Inc. lifted its stake in WNS by 65.0% in the 4th quarter. Blue Trust Inc. now owns 4,397 shares of the business services provider’s stock valued at $208,000 after purchasing an additional 1,732 shares during the last quarter. Pictet Asset Management Holding SA acquired a new stake in WNS in the fourth quarter valued at approximately $213,000. Cetera Investment Advisers grew its stake in shares of WNS by 35.0% during the fourth quarter. Cetera Investment Advisers now owns 5,134 shares of the business services provider’s stock worth $243,000 after buying an additional 1,331 shares during the last quarter. Finally, Mount Yale Investment Advisors LLC increased its holdings in shares of WNS by 18.1% during the fourth quarter. Mount Yale Investment Advisors LLC now owns 5,261 shares of the business services provider’s stock worth $249,000 after buying an additional 805 shares in the last quarter. 97.36% of the stock is owned by institutional investors and hedge funds.

WNS Stock Up 2.2 %

The company has a current ratio of 1.81, a quick ratio of 1.81 and a debt-to-equity ratio of 0.19. The company has a market capitalization of $2.99 billion, a P/E ratio of 22.60, a PEG ratio of 2.10 and a beta of 1.22. The stock has a 50 day moving average price of $58.67 and a 200 day moving average price of $52.93.

WNS (NYSE:WNS) last posted its earnings results on Thursday, January 23rd. The business services provider reported $0.89 EPS for the quarter, missing the consensus estimate of $1.04 by ($0.15). WNS had a net margin of 10.03% and a return on equity of 22.25%. On average, research analysts anticipate that WNS will post 3.8 earnings per share for the current fiscal year.

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.