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

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

Several analysts recently weighed in on the company. StockNews.com upgraded WNS from a “hold” rating to a “buy” rating in a report on Friday, January 24th. Robert W. Baird boosted their price objective on WNS from $58.00 to $66.00 and gave the company an “outperform” rating in a report on Friday, January 24th. Needham & Company LLC lifted their target price on WNS from $60.00 to $65.00 and gave the stock a “buy” rating in a research report on Thursday, January 23rd. Finally, Jefferies Financial Group lowered their target price on shares of WNS from $60.00 to $55.00 and set a “buy” rating for the company in a research note on Tuesday, January 21st.

Institutional Trading of WNS

Several institutional investors and hedge funds have recently made changes to their positions in the company. Hhlr Advisors LTD. bought a new stake in shares of WNS in the 4th quarter valued at about $72,576,000. Thrivent Financial for Lutherans purchased a new position in WNS during the third quarter valued at approximately $61,726,000. Mesirow Institutional Investment Management Inc. bought a new position in WNS in the fourth quarter worth approximately $14,181,000. State Street Corp lifted its holdings in WNS by 40.5% during the third quarter. State Street Corp now owns 743,343 shares of the business services provider’s stock worth $39,182,000 after buying an additional 214,417 shares during the period. Finally, Voloridge Investment Management LLC bought a new stake in WNS during the 4th quarter valued at $7,813,000. 97.36% of the stock is currently owned by institutional investors.

WNS Price Performance

WNS stock opened at $55.43 on Friday. WNS has a 52-week low of $39.85 and a 52-week high of $65.03. The company has a market cap of $2.56 billion, a price-to-earnings ratio of 19.38, a PEG ratio of 2.12 and a beta of 1.19. The firm’s fifty day moving average is $52.15 and its 200 day moving average is $52.72. The company has a quick ratio of 1.81, a current ratio of 1.81 and a debt-to-equity ratio of 0.19.

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%. Sell-side analysts forecast that WNS will post 3.8 EPS for the current fiscal year.

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.