Wall Street brokerages expect WNS (Holdings) Limited (NYSE:WNS) to announce sales of $175.75 million for the current quarter, according to Zacks. Eight analysts have provided estimates for WNS’s earnings, with the highest sales estimate coming in at $179.91 million and the lowest estimate coming in at $166.30 million. WNS reported sales of $139.80 million during the same quarter last year, which would suggest a positive year over year growth rate of 25.7%. The business is scheduled to report its next earnings results on Thursday, January 18th.
On average, analysts expect that WNS will report full year sales of $175.75 million for the current fiscal year, with estimates ranging from $708.64 million to $723.21 million. For the next financial year, analysts expect that the firm will report sales of $791.51 million per share, with estimates ranging from $770.12 million to $800.10 million. Zacks Investment Research’s sales calculations are an average based on a survey of research firms that cover WNS.
WNS (NYSE:WNS) last posted its earnings results on Friday, October 27th. The business services provider reported $0.53 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.49 by $0.04. WNS had a return on equity of 19.23% and a net margin of 7.24%. The firm had revenue of $182.30 million for the quarter, compared to analysts’ expectations of $175.36 million. During the same period in the previous year, the firm earned $0.42 earnings per share. The business’s revenue was up 26.9% compared to the same quarter last year.
Several research firms recently weighed in on WNS. Needham & Company LLC lifted their price target on WNS from $46.00 to $52.00 and gave the company a “strong-buy” rating in a research report on Friday, December 1st. Robert W. Baird restated a “buy” rating and set a $46.00 price target on shares of WNS in a research report on Thursday. ValuEngine lowered WNS from a “buy” rating to a “hold” rating in a research report on Thursday, December 7th. J P Morgan Chase & Co lifted their price target on WNS from $43.00 to $45.00 and gave the company an “overweight” rating in a research report on Monday, October 30th. Finally, Barrington Research lifted their price target on WNS from $40.00 to $44.00 and gave the company an “outperform” rating in a research report on Monday, October 30th. One research analyst has rated the stock with a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. WNS presently has a consensus rating of “Buy” and an average target price of $43.08.
A number of institutional investors have recently added to or reduced their stakes in the business. PNC Financial Services Group Inc. boosted its holdings in WNS by 6.4% in the second quarter. PNC Financial Services Group Inc. now owns 8,360 shares of the business services provider’s stock worth $288,000 after acquiring an additional 500 shares in the last quarter. Kennedy Capital Management Inc. boosted its holdings in WNS by 0.3% in the second quarter. Kennedy Capital Management Inc. now owns 718,124 shares of the business services provider’s stock worth $24,675,000 after acquiring an additional 2,124 shares in the last quarter. OxFORD Asset Management LLP boosted its holdings in WNS by 2.3% in the second quarter. OxFORD Asset Management LLP now owns 100,566 shares of the business services provider’s stock worth $3,455,000 after acquiring an additional 2,266 shares in the last quarter. California Public Employees Retirement System boosted its holdings in WNS by 2.9% in the second quarter. California Public Employees Retirement System now owns 106,600 shares of the business services provider’s stock worth $3,663,000 after acquiring an additional 3,000 shares in the last quarter. Finally, Summit Global Investments boosted its holdings in WNS by 31.7% in the second quarter. Summit Global Investments now owns 15,800 shares of the business services provider’s stock worth $543,000 after acquiring an additional 3,800 shares in the last quarter. 85.95% of the stock is currently owned by institutional investors and hedge funds.
WNS (WNS) traded down $0.15 during midday trading on Friday, hitting $40.79. The company had a trading volume of 91,500 shares, compared to its average volume of 198,529. The company has a quick ratio of 2.37, a current ratio of 2.37 and a debt-to-equity ratio of 0.18. WNS has a one year low of $26.61 and a one year high of $42.36. The company has a market capitalization of $2,062.05, a price-to-earnings ratio of 26.08, a PEG ratio of 1.79 and a beta of 1.02.
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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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