WNS (Holdings) Limited (NYSE:WNS) Receives $61.00 Consensus Target Price from Brokerages

Shares of WNS (Holdings) Limited (NYSE:WNS) have been given a consensus rating of “Moderate Buy” by the eight ratings firms that are presently covering the company, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $61.00.

WNS has been the subject of a number of recent analyst reports. Needham & Company LLC lifted their target price on shares of WNS from $60.00 to $65.00 and gave the stock a “buy” rating in a research note on Thursday, January 23rd. Robert W. Baird lifted their price objective on shares of WNS from $58.00 to $66.00 and gave the stock an “outperform” rating in a research note on Friday, January 24th. Jefferies Financial Group cut their target price on WNS from $60.00 to $55.00 and set a “buy” rating on the stock in a research report on Tuesday, January 21st. Finally, StockNews.com raised WNS from a “hold” rating to a “buy” rating in a research report on Friday, January 24th.

WNS Price Performance

NYSE WNS opened at $55.43 on Friday. The firm’s fifty day simple moving average is $52.15 and its two-hundred day simple moving average is $52.72. The firm has a market capitalization of $2.56 billion, a P/E ratio of 19.38, a P/E/G ratio of 2.12 and a beta of 1.19. The company has a current ratio of 1.81, a quick ratio of 1.81 and a debt-to-equity ratio of 0.19. WNS has a 12-month low of $39.85 and a 12-month high of $65.03.

WNS (NYSE:WNS) last announced its earnings results on Thursday, January 23rd. The business services provider reported $0.89 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.04 by ($0.15). WNS had a net margin of 10.03% and a return on equity of 22.25%. Analysts forecast that WNS will post 3.8 EPS for the current fiscal year.

Institutional Investors Weigh In On WNS

Several hedge funds have recently added to or reduced their stakes in the business. MetLife Investment Management LLC lifted its holdings in shares of WNS by 0.7% in the 4th quarter. MetLife Investment Management LLC now owns 25,575 shares of the business services provider’s stock valued at $1,212,000 after buying an additional 187 shares during the period. BKM Wealth Management LLC raised its position in WNS by 2.8% during the third quarter. BKM Wealth Management LLC now owns 10,972 shares of the business services provider’s stock valued at $578,000 after acquiring an additional 298 shares in the last quarter. Verdence Capital Advisors LLC lifted its holdings in WNS by 4.2% in the third quarter. Verdence Capital Advisors LLC now owns 10,022 shares of the business services provider’s stock valued at $528,000 after acquiring an additional 407 shares during the period. Inspire Advisors LLC boosted its position in WNS by 4.0% in the 4th quarter. Inspire Advisors LLC now owns 12,836 shares of the business services provider’s stock worth $608,000 after purchasing an additional 493 shares in the last quarter. Finally, LPL Financial LLC grew its stake in shares of WNS by 3.9% during the 4th quarter. LPL Financial LLC now owns 13,770 shares of the business services provider’s stock worth $653,000 after purchasing an additional 514 shares during the period. 97.36% of the stock is owned by hedge funds and other institutional investors.

About WNS

WNS (Holdings) Limited, a business process management (BPM) company, provides data, voice, analytical, and business transformation services worldwide. The company operates through TSLU, MRHP, HCLS, and BFSI segments. It engages in diversified business, including manufacturing, retail, consumer packaged goods, media and entertainment, and telecommunication; travel and leisure, utilities, shipping, and logistics; healthcare and life sciences; banking, financial services, and insurance; and Hi-tech and professional services, as well as procurement.