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

WNS (Holdings) Limited (NYSE:WNS) has been given an average recommendation of “Buy” by the six brokerages that are presently covering the stock, MarketBeat.com reports. Six analysts have rated the stock with a buy recommendation. The average 12 month price target among brokerages that have covered the stock in the last year is $85.88.

Several brokerages recently issued reports on WNS. Barrington Research restated an “outperform” rating and issued a $72.00 price objective on shares of WNS in a report on Monday. StockNews.com lowered shares of WNS from a “buy” rating to a “hold” rating in a report on Tuesday, April 2nd. Citigroup lifted their target price on WNS from $73.00 to $76.00 and gave the company a “buy” rating in a research report on Wednesday, January 17th. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $80.00 target price on shares of WNS in a research report on Friday, March 1st.

Hedge Funds Weigh In On WNS

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. HBK Sorce Advisory LLC grew its position in shares of WNS by 3.9% during the first quarter. HBK Sorce Advisory LLC now owns 4,193 shares of the business services provider’s stock worth $593,000 after buying an additional 157 shares in the last quarter. Alliance Wealth Advisors LLC UT grew its position in shares of WNS by 3.4% during the fourth quarter. Alliance Wealth Advisors LLC UT now owns 5,563 shares of the business services provider’s stock worth $352,000 after buying an additional 185 shares in the last quarter. Lindbrook Capital LLC grew its position in shares of WNS by 33.0% during 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 in the last quarter. 1492 Capital Management LLC grew its position in shares of WNS by 1.1% during the fourth quarter. 1492 Capital Management LLC now owns 18,556 shares of the business services provider’s stock worth $1,173,000 after buying an additional 196 shares in the last quarter. Finally, Parallel Advisors LLC grew its position in shares of WNS by 30.4% during the fourth quarter. Parallel Advisors LLC now owns 841 shares of the business services provider’s stock worth $53,000 after buying an additional 196 shares in the last quarter. 97.36% of the stock is owned by institutional investors and hedge funds.

WNS Price Performance

WNS stock opened at $46.49 on Friday. The company’s fifty day moving average price is $54.31 and its 200 day moving average price is $59.53. WNS has a 1 year low of $45.09 and a 1 year high of $92.35. The stock has a market capitalization of $2.22 billion, a P/E ratio of 14.13 and a beta of 1.04. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.82 and a current ratio of 1.82.

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, beating the consensus estimate of $0.80 by $0.18. The firm had revenue of $315.90 million for the quarter, compared to analyst estimates of $313.21 million. WNS had a net margin of 12.59% and a return on equity of 21.71%. As a group, equities research analysts anticipate that WNS will post 3.44 earnings per share for the current fiscal year.

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.