Equities analysts expect that WNS (Holdings) Limited (NYSE:WNS) will post $196.95 million in sales for the current fiscal quarter, Zacks reports. Eight analysts have issued estimates for WNS’s earnings. The highest sales estimate is $202.01 million and the lowest is $191.74 million. WNS posted sales of $185.20 million in the same quarter last year, which would indicate a positive year over year growth rate of 6.3%. The company is expected to issue its next quarterly earnings results on Thursday, January 17th.
On average, analysts expect that WNS will report full-year sales of $797.10 million for the current financial year, with estimates ranging from $788.70 million to $811.30 million. For the next year, analysts expect that the business will post sales of $876.30 million, with estimates ranging from $860.52 million to $892.57 million. Zacks’ sales calculations are a mean average based on a survey of sell-side research firms that that provide coverage for WNS.
WNS (NYSE:WNS) last announced its earnings results on Thursday, October 25th. The business services provider reported $0.54 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.43 by $0.11. The firm had revenue of $195.50 million during the quarter, compared to analyst estimates of $196.66 million. WNS had a net margin of 12.40% and a return on equity of 23.67%.
A number of equities analysts recently weighed in on WNS shares. ValuEngine lowered shares of WNS from a “strong-buy” rating to a “buy” rating in a research note on Friday, August 24th. Zacks Investment Research raised shares of WNS from a “sell” rating to a “hold” rating in a research note on Thursday, September 20th. Loop Capital upped their target price on shares of WNS to $63.00 and gave the stock a “buy” rating in a research note on Friday, October 26th. Cantor Fitzgerald reaffirmed a “buy” rating and issued a $56.00 target price on shares of WNS in a research note on Thursday, October 25th. Finally, Barrington Research set a $60.00 target price on shares of WNS and gave the stock a “buy” rating in a research note on Monday, October 22nd. Two equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of $56.00.
Institutional investors have recently bought and sold shares of the company. Dorsey Wright & Associates acquired a new position in shares of WNS during the 3rd quarter worth about $5,975,000. Jane Street Group LLC acquired a new position in shares of WNS during the 2nd quarter worth about $355,000. Capital Fund Management S.A. acquired a new position in shares of WNS during the 2nd quarter worth about $939,000. Janus Henderson Group PLC acquired a new position in shares of WNS during the 2nd quarter worth about $20,859,000. Finally, Federated Investors Inc. PA boosted its stake in shares of WNS by 0.8% during the 2nd quarter. Federated Investors Inc. PA now owns 307,291 shares of the business services provider’s stock worth $16,034,000 after buying an additional 2,385 shares during the last quarter. Institutional investors own 86.63% of the company’s stock.
NYSE WNS traded down $0.19 on Friday, reaching $48.84. The company had a trading volume of 67,814 shares, compared to its average volume of 100,022. The firm has a market cap of $2.45 billion, a PE ratio of 26.98, a PEG ratio of 1.91 and a beta of 0.67. The company has a current ratio of 1.67, a quick ratio of 1.67 and a debt-to-equity ratio of 0.11. WNS has a 1-year low of $38.68 and a 1-year high of $54.38.
WNS (Holdings) Limited, a business process management company, together with its subsidiaries, provides data, voice, analytical, and business transformation services worldwide. It operates through two segments, WNS Global BPM and WNS Auto Claims BPM. The company offers industry-specific services to clients primarily in insurance; travel and leisure; diversified businesses, including manufacturing, retail, consumer packaged goods, media and entertainment, and telecommunication; utilities; consulting and professional services; healthcare; banking and financial services; and shipping and logistics industries.
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