Shares of WNS (Holdings) Limited (NYSE:WNS) have received a consensus rating of “Buy” from the fifteen ratings firms that are covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a hold recommendation, thirteen have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $47.75.
WNS has been the topic of a number of analyst reports. Zacks Investment Research raised shares of WNS from a “hold” rating to a “buy” rating and set a $42.00 target price on the stock in a report on Thursday, November 2nd. Cowen reissued a “buy” rating and set a $43.00 target price on shares of WNS in a report on Sunday, October 29th. Maxim Group reissued a “buy” rating and set a $42.00 target price on shares of WNS in a report on Friday, October 27th. Cantor Fitzgerald reissued a “buy” rating and set a $38.00 target price on shares of WNS in a report on Friday, October 27th. Finally, Loop Capital reissued a “buy” rating and set a $44.00 target price (up previously from $41.00) on shares of WNS in a report on Monday, October 30th.
Shares of WNS (NYSE WNS) opened at $41.82 on Tuesday. The company has a quick ratio of 2.54, a current ratio of 2.54 and a debt-to-equity ratio of 0.16. The company has a market cap of $2,100.00, a P/E ratio of 38.37, a P/E/G ratio of 1.82 and a beta of 0.92. WNS has a 1-year low of $27.43 and a 1-year high of $46.00.
WNS (NYSE:WNS) last posted its quarterly earnings results on Thursday, January 18th. The business services provider reported $0.56 EPS for the quarter, topping analysts’ consensus estimates of $0.50 by $0.06. The company had revenue of $185.20 million for the quarter, compared to analysts’ expectations of $175.85 million. WNS had a net margin of 7.96% and a return on equity of 20.19%. WNS’s revenue was up 32.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.49 EPS. analysts expect that WNS will post 1.68 earnings per share for the current fiscal year.
WNS declared that its board has approved a share repurchase plan on Thursday, January 18th that permits the company to buyback 3,300,000 shares. This buyback authorization permits the business services provider to repurchase shares of its stock through open market purchases. Stock buyback plans are generally a sign that the company’s board of directors believes its shares are undervalued.
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. OLD National Bancorp IN purchased a new position in shares of WNS during the 3rd quarter valued at $202,000. Trexquant Investment LP purchased a new position in shares of WNS during the 3rd quarter valued at $210,000. 1st Global Advisors Inc. purchased a new position in shares of WNS during the 2nd quarter valued at $223,000. Advisor Group Inc. grew its position in shares of WNS by 731.2% during the 3rd quarter. Advisor Group Inc. now owns 6,417 shares of the business services provider’s stock valued at $234,000 after purchasing an additional 5,645 shares in the last quarter. Finally, BT Investment Management Ltd purchased a new position in shares of WNS during the 3rd quarter valued at $287,000. Hedge funds and other institutional investors own 85.90% of the company’s stock.
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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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