Media coverage about WNS (NYSE:WNS) has been trending somewhat positive on Friday, Accern Sentiment Analysis reports. Accern identifies negative and positive press coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. WNS earned a news sentiment score of 0.21 on Accern’s scale. Accern also gave news headlines about the business services provider an impact score of 45.8839783889099 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Here are some of the headlines that may have impacted Accern’s rankings:
Several equities research analysts have issued reports on WNS shares. Cantor Fitzgerald reaffirmed a “buy” rating and set a $38.00 target price on shares of WNS in a research note on Friday, October 27th. Needham & Company LLC lifted their price target on WNS from $46.00 to $52.00 and gave the stock a “strong-buy” rating in a report on Friday, December 1st. Robert W. Baird reiterated a “buy” rating and set a $46.00 price target on shares of WNS in a report on Thursday, December 21st. Maxim Group reiterated a “buy” rating and set a $42.00 price target on shares of WNS in a report on Friday, October 27th. Finally, Zacks Investment Research upgraded WNS from a “hold” rating to a “buy” rating and set a $42.00 price target on the stock in a report on Thursday, November 2nd. One investment analyst has rated the stock with a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the company. WNS presently has an average rating of “Buy” and an average price target of $47.62.
Shares of WNS (NYSE:WNS) traded down $0.99 on Friday, reaching $43.28. 186,768 shares of the company traded hands, compared to its average volume of 278,333. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.37 and a current ratio of 2.54. The stock has a market cap of $2,236.43 and a price-to-earnings ratio of 39.71. WNS has a 12-month low of $27.43 and a 12-month high of $46.00.
WNS (NYSE:WNS) last issued its quarterly 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. The company had revenue of $185.20 million for the quarter, compared to analyst estimates of $175.85 million. WNS had a net margin of 7.96% and a return on equity of 20.19%. The business’s revenue for the quarter was up 32.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.49 earnings per share. research analysts anticipate that WNS will post 1.68 earnings per share for the current year.
WNS announced that its Board of Directors has initiated a share buyback program on Thursday, January 18th that allows the company to buyback 3,300,000 outstanding shares. This buyback authorization allows the business services provider to repurchase shares of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s board of directors believes its shares are undervalued.
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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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