WNS (Holdings) Limited (WNS) Receives $48.27 Consensus Price Target from Analysts

WNS (Holdings) Limited (NYSE:WNS) has earned a consensus rating of “Buy” from the fifteen ratings firms that are presently covering the stock, MarketBeat reports. Two research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and two have issued a strong buy rating on the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $48.27.

A number of equities research analysts recently commented on the company. ValuEngine upgraded WNS from a “buy” rating to a “strong-buy” rating in a research report on Monday, April 2nd. Zacks Investment Research lowered WNS from a “buy” rating to a “hold” rating in a research report on Friday, March 9th. Maxim Group increased their price target on WNS from $42.00 to $56.00 and gave the stock a “buy” rating in a research report on Thursday, January 18th. Robert W. Baird lowered WNS from an “outperform” rating to a “neutral” rating in a research report on Friday, January 19th. Finally, Loop Capital increased their price target on WNS to $50.00 and gave the stock a “buy” rating in a research report on Friday, January 19th.

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NYSE WNS traded down $0.64 during trading hours on Wednesday, reaching $45.76. 232,860 shares of the company’s stock were exchanged, compared to its average volume of 194,103. The firm has a market cap of $2,334.01, a PE ratio of 26.98, a price-to-earnings-growth ratio of 1.78 and a beta of 0.86. WNS has a one year low of $27.69 and a one year high of $48.26. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.54 and a quick ratio of 2.54.

WNS (NYSE:WNS) last released its quarterly earnings results on Thursday, January 18th. The business services provider reported $0.56 EPS for the quarter, topping the Zacks’ consensus estimate of $0.50 by $0.06. The business had revenue of $185.20 million for the quarter, compared to analyst estimates of $175.85 million. WNS had a return on equity of 20.19% and a net margin of 7.96%. WNS’s revenue for the quarter was up 32.5% on a year-over-year basis. During the same period in the prior year, the company earned $0.49 EPS. equities analysts expect that WNS will post 1.73 earnings per share for the current year.

WNS declared that its Board of Directors has approved a share buyback plan on Thursday, January 18th that permits the company to repurchase 3,300,000 outstanding shares. This repurchase authorization permits the business services provider to purchase shares of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s board believes its shares are undervalued.

A number of institutional investors and hedge funds have recently made changes to their positions in WNS. Trexquant Investment LP acquired a new position in shares of WNS in the 3rd quarter valued at $210,000. Castleark Management LLC acquired a new position in shares of WNS in the 4th quarter valued at $217,000. Capital Fund Management S.A. lifted its stake in shares of WNS by 33.8% in the 4th quarter. Capital Fund Management S.A. now owns 9,500 shares of the business services provider’s stock valued at $381,000 after purchasing an additional 2,400 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of WNS by 2,604.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 16,228 shares of the business services provider’s stock valued at $589,000 after purchasing an additional 15,628 shares during the period. Finally, Lenox Wealth Management Inc. lifted its stake in shares of WNS by 30.2% in the 3rd quarter. Lenox Wealth Management Inc. now owns 17,606 shares of the business services provider’s stock valued at $642,000 after purchasing an additional 4,088 shares during the period. Hedge funds and other institutional investors own 86.42% of the company’s stock.

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About WNS

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.

Analyst Recommendations for WNS (NYSE:WNS)

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