WNS (NYSE:WNS) was downgraded by stock analysts at ValuEngine from a “buy” rating to a “hold” rating in a report issued on Thursday.

Several other brokerages have also commented on WNS. Zacks Investment Research upgraded WNS from a “hold” rating to a “buy” rating and set a $42.00 price target on the stock in a research note on Thursday, November 2nd. Needham & Company LLC restated a “strong-buy” rating and set a $46.00 price target (up previously from $42.00) on shares of WNS in a research note on Sunday, October 29th. Cowen restated a “buy” rating and set a $42.00 price target on shares of WNS in a research note on Thursday, October 12th. SunTrust Banks restated a “buy” rating and set a $41.00 price target on shares of WNS in a research note on Monday, October 9th. Finally, Cantor Fitzgerald restated a “buy” rating and set a $38.00 price target on shares of WNS in a research note on Friday, October 27th. One equities research analyst has rated the stock with a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the stock. The stock has an average rating of “Buy” and an average price target of $42.83.

WNS (NYSE:WNS) traded down $0.27 during trading hours on Thursday, hitting $40.63. The stock had a trading volume of 195,247 shares, compared to its average volume of 142,882. WNS has a fifty-two week low of $26.20 and a fifty-two week high of $42.36. The company has a market capitalization of $2,060.03, a P/E ratio of 26.05, a price-to-earnings-growth ratio of 1.79 and a beta of 1.02. The company has a debt-to-equity ratio of 0.18, a quick ratio of 2.37 and a current ratio of 2.37.

WNS (NYSE:WNS) last released its earnings results 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 business had revenue of $182.30 million during the quarter, compared to the consensus estimate of $175.36 million. WNS had a return on equity of 19.23% and a net margin of 7.24%. The business’s revenue for the quarter was up 26.9% compared to the same quarter last year. During the same period last year, the company earned $0.42 earnings per share. analysts forecast that WNS will post 1.59 EPS for the current fiscal year.

Institutional investors and hedge funds have recently bought and sold shares of the business. Tygh Capital Management Inc. grew its stake in WNS by 33.8% in the third quarter. Tygh Capital Management Inc. now owns 181,912 shares of the business services provider’s stock valued at $6,640,000 after purchasing an additional 45,942 shares during the last quarter. Ameriprise Financial Inc. grew its stake in WNS by 5.9% in the second quarter. Ameriprise Financial Inc. now owns 232,411 shares of the business services provider’s stock valued at $7,986,000 after purchasing an additional 12,910 shares during the last quarter. Mitra Capital LLC purchased a new position in WNS in the second quarter valued at about $2,178,000. BT Investment Management Ltd purchased a new position in WNS in the third quarter valued at about $287,000. Finally, Nationwide Fund Advisors purchased a new position in WNS in the second quarter valued at about $478,000. Institutional investors own 86.03% of the company’s stock.

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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.

To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for WNS (NYSE:WNS)

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