WNS (Holdings) Limited (NYSE:WNS) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of WNS (Holdings) Limited (NYSE:WNS) have been assigned a consensus recommendation of “Moderate Buy” from the eight research firms that are covering the company, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $61.63.

Several brokerages have recently weighed in on WNS. StockNews.com upgraded shares of WNS from a “hold” rating to a “buy” rating in a research note on Friday, January 24th. Needham & Company LLC lifted their target price on WNS from $65.00 to $70.00 and gave the company a “buy” rating in a research note on Tuesday, March 11th. Robert W. Baird lifted their target price on WNS from $58.00 to $66.00 and gave the company an “outperform” rating in a research note on Friday, January 24th. Finally, Jefferies Financial Group lowered their target price on WNS from $60.00 to $55.00 and set a “buy” rating on the stock in a research note on Tuesday, January 21st.

WNS Trading Up 0.0 %

NYSE:WNS opened at $63.53 on Wednesday. The stock’s 50 day moving average price is $56.34 and its 200 day moving average price is $52.63. The company has a market capitalization of $2.94 billion, a PE ratio of 22.21, a P/E/G ratio of 2.10 and a beta of 1.22. The company has a quick ratio of 1.81, a current ratio of 1.81 and a debt-to-equity ratio of 0.19. WNS has a 52-week low of $39.85 and a 52-week high of $65.03.

WNS (NYSE:WNS) last announced its earnings results on Thursday, January 23rd. The business services provider reported $0.89 EPS for the quarter, missing analysts’ consensus estimates 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 EPS for the current year.

Institutional Trading of WNS

Institutional investors have recently modified their holdings of the business. Jane Street Group LLC boosted its position in shares of WNS by 728.1% during the 3rd quarter. Jane Street Group LLC now owns 52,974 shares of the business services provider’s stock worth $2,792,000 after purchasing an additional 46,577 shares in the last quarter. State Street Corp boosted its holdings in WNS by 40.5% during the third quarter. State Street Corp now owns 743,343 shares of the business services provider’s stock worth $39,182,000 after buying an additional 214,417 shares in the last quarter. Nisa Investment Advisors LLC boosted its stake in shares of WNS by 15,848.8% during the 4th quarter. Nisa Investment Advisors LLC now owns 85,645 shares of the business services provider’s stock worth $4,059,000 after acquiring an additional 85,108 shares in the last quarter. Citigroup Inc. boosted its stake in shares of WNS by 90.0% during the 3rd quarter. Citigroup Inc. now owns 67,333 shares of the business services provider’s stock worth $3,549,000 after acquiring an additional 31,886 shares in the last quarter. Finally, MetLife Investment Management LLC boosted its stake in shares of WNS by 117.3% during the 3rd quarter. MetLife Investment Management LLC now owns 25,388 shares of the business services provider’s stock worth $1,338,000 after acquiring an additional 13,702 shares in the last quarter. 97.36% of the stock is currently owned by hedge funds and other 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.