FY2018 EPS Estimates for WNS (Holdings) Limited Increased by Analyst (WNS)

WNS (Holdings) Limited (NYSE:WNS) – Equities researchers at Wedbush lifted their FY2018 earnings per share (EPS) estimates for shares of WNS in a research note issued on Thursday. Wedbush analyst M. Katri now anticipates that the business services provider will post earnings per share of $1.70 for the year, up from their previous forecast of $1.58. Wedbush also issued estimates for WNS’s Q1 2019 earnings at $0.41 EPS, Q2 2019 earnings at $0.46 EPS, Q4 2019 earnings at $0.49 EPS and FY2019 earnings at $1.83 EPS.

WNS (NYSE:WNS) last issued its quarterly earnings data on Thursday, January 18th. The business services provider reported $0.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.50 by $0.06. The firm had revenue of $185.20 million during the quarter, compared to analysts’ expectations of $175.85 million. WNS had a return on equity of 20.71% and a net margin of 7.96%. WNS’s revenue was up 32.5% on a year-over-year basis. During the same period in the previous year, the firm posted $0.49 earnings per share.

Several other equities analysts have also recently issued reports on WNS. SunTrust Banks reaffirmed a “buy” rating and set a $41.00 price objective on shares of WNS in a report on Monday, October 9th. Robert W. Baird reaffirmed a “buy” rating on shares of WNS in a report on Wednesday, October 11th. Cowen reaffirmed a “buy” rating and set a $42.00 price objective on shares of WNS in a report on Thursday, October 12th. Citigroup lifted their price objective on WNS from $40.00 to $43.00 and gave the stock a “buy” rating in a report on Friday, October 13th. Finally, Cantor Fitzgerald reissued a “buy” rating and set a $38.00 price target on shares of WNS in a research report on Friday, October 27th. Two research analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of $47.62.

WNS (NYSE:WNS) opened at $44.08 on Monday. The stock has a market capitalization of $2,220.22, a price-to-earnings ratio of 40.44, a P/E/G ratio of 1.93 and a beta of 1.02. WNS has a 1-year low of $27.43 and a 1-year high of $46.00. The company has a current ratio of 2.37, a quick ratio of 2.37 and a debt-to-equity ratio of 0.18.

WNS announced that its Board of Directors has approved a share buyback plan on Thursday, January 18th that allows the company to repurchase 3,300,000 shares. This repurchase authorization allows the business services provider to buy shares of its stock through open market purchases. Shares repurchase plans are usually an indication that the company’s leadership believes its shares are undervalued.

Institutional investors have recently added to or reduced their stakes in the business. Tygh Capital Management Inc. grew its position in shares of 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 period. Ameriprise Financial Inc. grew its position in shares of 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 period. Mitra Capital LLC purchased a new stake in shares of WNS in the second quarter valued at $2,178,000. BT Investment Management Ltd purchased a new stake in shares of WNS in the third quarter valued at $287,000. Finally, Cubist Systematic Strategies LLC grew its position in shares of WNS by 31.5% in the third quarter. Cubist Systematic Strategies LLC now owns 19,134 shares of the business services provider’s stock valued at $698,000 after purchasing an additional 4,584 shares during the period. 85.95% of the stock is owned by institutional investors.

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About WNS

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.

Earnings History and Estimates for WNS (NYSE:WNS)

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