WNS (Holdings) Limited (NYSE:WNS) has received a consensus recommendation of “Buy” from the fourteen ratings firms that are covering the firm, Marketbeat reports. Thirteen equities research analysts have rated the stock with a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year target price among brokerages that have covered the stock in the last year is $42.33.
Several brokerages recently weighed in on WNS. Needham & Company LLC reiterated a “strong-buy” rating and issued a $46.00 price objective (up from $42.00) on shares of WNS in a research report on Sunday, October 29th. Cowen restated a “buy” rating and set a $43.00 price target on shares of WNS in a research report on Sunday, October 29th. Loop Capital restated a “buy” rating and set a $44.00 price target (up from $41.00) on shares of WNS in a research report on Monday, October 30th. Barrington Research raised their price target on WNS from $40.00 to $44.00 and gave the stock an “outperform” rating in a research report on Monday, October 30th. Finally, J P Morgan Chase & Co raised their price target on WNS from $43.00 to $45.00 and gave the stock an “overweight” rating in a research report on Monday, October 30th.
WNS (NYSE:WNS) opened at $41.42 on Thursday. The firm has a market capitalization of $2,093.27, a P/E ratio of 26.47, a P/E/G ratio of 1.82 and a beta of 1.00. WNS has a 52-week low of $24.82 and a 52-week high of $42.36. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.37 and a quick ratio of 2.37.
WNS (NYSE:WNS) last issued its quarterly earnings data on Friday, October 27th. The business services provider reported $0.53 earnings per share for the quarter, topping the consensus estimate of $0.49 by $0.04. The company had revenue of $182.30 million during the quarter, compared to analyst estimates of $175.36 million. WNS had a return on equity of 19.23% and a net margin of 7.24%. The firm’s revenue for the quarter was up 26.9% compared to the same quarter last year. During the same period in the prior year, the business posted $0.42 earnings per share. analysts anticipate that WNS will post 1.59 EPS for the current fiscal year.
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. OLD National Bancorp IN purchased a new position in shares of WNS during the third quarter worth $202,000. Trexquant Investment LP purchased a new position in WNS in the third quarter valued at $210,000. Advisor Group Inc. boosted its holdings in WNS by 731.2% in the third quarter. Advisor Group Inc. now owns 6,417 shares of the business services provider’s stock valued at $234,000 after purchasing an additional 5,645 shares during the period. 1st Global Advisors Inc. purchased a new position in WNS in the second quarter valued at $223,000. Finally, Financial Counselors Inc. purchased a new position in WNS in the second quarter valued at $236,000. Institutional investors and hedge funds own 86.03% of the company’s stock.
WNS Company Profile
WNS (Holdings) Limited is a global provider of business process management (BPM) services. The Company offers data, voice, analytical and business transformation services. The Company’s segments include WNS Global BPM and WNS Auto Claims BPM. Its operating segments include travel, insurance, banking and financial services, healthcare, utilities, retail and consumer products groups, auto claims and others.