Zacks: Brokerages Anticipate WNS (Holdings) Limited (WNS) to Announce $0.55 Earnings Per Share

Equities research analysts expect WNS (Holdings) Limited (NYSE:WNS) to report earnings of $0.55 per share for the current quarter, according to Zacks. Eight analysts have made estimates for WNS’s earnings, with the lowest EPS estimate coming in at $0.52 and the highest estimate coming in at $0.58. WNS posted earnings per share of $0.48 during the same quarter last year, which indicates a positive year-over-year growth rate of 14.6%. The business is expected to issue its next quarterly earnings results on Thursday, April 26th.

On average, analysts expect that WNS will report full-year earnings of $2.09 per share for the current year, with EPS estimates ranging from $2.00 to $2.21. For the next financial year, analysts expect that the company will report earnings of $2.26 per share, with EPS estimates ranging from $2.16 to $2.34. Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side analysts that that provide coverage for WNS.

WNS (NYSE:WNS) last announced its earnings results on Thursday, January 18th. The business services provider reported $0.56 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.50 by $0.06. WNS had a net margin of 7.96% and a return on equity of 20.19%. The company had revenue of $185.20 million for the quarter, compared to analyst estimates of $175.85 million. During the same period in the prior year, the business earned $0.49 earnings per share. WNS’s quarterly revenue was up 32.5% on a year-over-year basis.

A number of equities analysts have recently issued reports on the stock. Citigroup upped their target price on shares of WNS from $40.00 to $43.00 and gave the stock a “buy” rating in a research report on Friday, October 13th. Cantor Fitzgerald restated a “buy” rating and issued a $42.00 price objective on shares of WNS in a report on Friday, January 5th. SunTrust Banks increased their price objective on shares of WNS to $50.00 and gave the company a “buy” rating in a report on Friday. Cowen restated a “buy” rating and issued a $43.00 price objective on shares of WNS in a report on Sunday, October 29th. Finally, Barrington Research increased their price objective on shares of WNS from $40.00 to $44.00 and gave the company an “outperform” rating in a report on Monday, October 30th. Two research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has given a strong buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $47.62.

Institutional investors and hedge funds have recently bought and sold shares of the business. Macquarie Group Ltd. increased its position in shares of WNS by 32.6% during the second quarter. Macquarie Group Ltd. now owns 1,081,253 shares of the business services provider’s stock worth $37,152,000 after acquiring an additional 265,904 shares in the last quarter. Russell Investments Group Ltd. increased its position in shares of WNS by 228.1% during the third quarter. Russell Investments Group Ltd. now owns 272,284 shares of the business services provider’s stock worth $9,938,000 after acquiring an additional 189,308 shares in the last quarter. Pier Capital LLC bought a new stake in shares of WNS during the third quarter worth $5,504,000. Numeric Investors LLC bought a new stake in shares of WNS during the second quarter worth $3,654,000. Finally, Arrowstreet Capital Limited Partnership increased its position in shares of WNS by 17.4% during the second quarter. Arrowstreet Capital Limited Partnership now owns 485,389 shares of the business services provider’s stock worth $16,678,000 after acquiring an additional 71,934 shares in the last quarter. Institutional investors own 86.04% of the company’s stock.

WNS (NYSE WNS) opened at $44.62 on Tuesday. WNS has a 12-month low of $27.43 and a 12-month high of $46.00. The stock has a market cap of $2,217.22, a P/E ratio of 40.94, a PEG ratio of 1.88 and a beta of 1.02. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.37 and a current ratio of 2.54.

WNS announced that its board has authorized a stock buyback program on Thursday, January 18th that permits the company to repurchase 3,300,000 outstanding shares. This repurchase authorization permits the business services provider to repurchase shares of its stock through open market purchases. Stock repurchase programs are typically an indication that the company’s board believes its stock is undervalued.

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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.

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Earnings History and Estimates for WNS (NYSE:WNS)

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