WNS (Holdings) Limited (WNS) Given Average Rating of “Buy” by Brokerages
WNS (Holdings) Limited (NYSE:WNS) has received an average rating of “Buy” from the fourteen brokerages that are presently covering the company, Marketbeat reports. Thirteen investment analysts have rated the stock with a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month target price among analysts that have covered the stock in the last year is $42.33.
A number of research firms recently issued reports on WNS. Cowen and Company reaffirmed a “buy” rating and issued a $39.00 target price on shares of WNS (Holdings) Limited in a research report on Friday, July 21st. Citigroup Inc. lifted their target price on WNS (Holdings) Limited from $40.00 to $43.00 and gave the company a “buy” rating in a research report on Friday, October 13th. Barrington Research lifted their target price on WNS (Holdings) Limited from $40.00 to $44.00 and gave the company an “outperform” rating in a research report on Monday, October 30th. Zacks Investment Research downgraded WNS (Holdings) Limited from a “hold” rating to a “sell” rating in a research report on Wednesday, September 20th. Finally, BidaskClub raised WNS (Holdings) Limited from a “hold” rating to a “buy” rating in a research report on Tuesday, August 22nd.
Shares of WNS (WNS) opened at $39.34 on Friday. The company has a quick ratio of 2.44, a current ratio of 2.37 and a debt-to-equity ratio of 0.18. The stock has a market capitalization of $1,988.60, a PE ratio of 25.06, a P/E/G ratio of 1.72 and a beta of 1.00. WNS has a 12-month low of $24.82 and a 12-month high of $39.74.
WNS (Holdings) Limited (NYSE:WNS) last released its earnings results on Friday, October 27th. The business services provider reported $0.53 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.49 by $0.04. The business had revenue of $182.30 million for the quarter, compared to the consensus estimate of $175.36 million. WNS (Holdings) Limited had a return on equity of 19.23% and a net margin of 7.24%. WNS (Holdings) Limited’s quarterly revenue was up 26.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.42 earnings per share. research analysts expect that WNS will post 1.59 EPS for the current year.
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Hedge funds and other institutional investors have recently made changes to their positions in the business. OLD National Bancorp IN acquired a new position in WNS (Holdings) Limited during the third quarter worth approximately $202,000. 1st Global Advisors Inc. bought a new stake in shares of WNS (Holdings) Limited during the second quarter worth approximately $223,000. Financial Counselors Inc. bought a new stake in shares of WNS (Holdings) Limited during the second quarter worth approximately $236,000. LaSalle Street Capital Management LLC bought a new stake in shares of WNS (Holdings) Limited during the second quarter worth approximately $246,000. Finally, BT Investment Management Ltd bought a new stake in shares of WNS (Holdings) Limited during the third quarter worth approximately $287,000. 85.72% of the stock is currently owned by hedge funds and other institutional investors.
About WNS (Holdings) Limited
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.
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