WNS (NYSE:WNS) had its price objective increased by equities researchers at Loop Capital to $65.00 in a report released on Friday, The Fly reports. The firm currently has a “buy” rating on the business services provider’s stock. Loop Capital’s price objective points to a potential upside of 42.39% from the stock’s previous close.
Several other analysts have also recently commented on WNS. Zacks Investment Research upgraded WNS from a “sell” rating to a “hold” rating in a research report on Thursday, September 20th. Barrington Research restated a “buy” rating and issued a $60.00 target price on shares of WNS in a research report on Friday, October 5th. Cantor Fitzgerald restated a “buy” rating and issued a $56.00 target price on shares of WNS in a research report on Thursday, October 25th. Finally, ValuEngine cut WNS from a “buy” rating to a “hold” rating in a research report on Wednesday, January 2nd. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. WNS currently has a consensus rating of “Buy” and a consensus price target of $58.80.
Shares of WNS stock opened at $45.65 on Friday. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.67 and a current ratio of 1.67. The company has a market cap of $2.32 billion, a PE ratio of 20.84, a P/E/G ratio of 1.79 and a beta of 0.86. WNS has a twelve month low of $39.24 and a twelve month high of $54.38.
WNS (NYSE:WNS) last announced its quarterly earnings results on Thursday, January 17th. The business services provider reported $0.73 earnings per share for the quarter, topping analysts’ consensus estimates of $0.61 by $0.12. The business had revenue of $199.70 million for the quarter, compared to analysts’ expectations of $195.32 million. WNS had a return on equity of 24.24% and a net margin of 12.52%. The business’s quarterly revenue was up 5.9% on a year-over-year basis. During the same period in the prior year, the firm earned $0.06 EPS. As a group, research analysts expect that WNS will post 2.04 EPS for the current year.
Institutional investors and hedge funds have recently bought and sold shares of the stock. Advisors Asset Management Inc. increased its position in WNS by 103.1% in the 2nd quarter. Advisors Asset Management Inc. now owns 2,738 shares of the business services provider’s stock valued at $143,000 after acquiring an additional 1,390 shares during the period. Quantbot Technologies LP increased its position in WNS by 599.1% in the 3rd quarter. Quantbot Technologies LP now owns 3,076 shares of the business services provider’s stock valued at $156,000 after acquiring an additional 2,636 shares during the period. Iberiabank Corp bought a new position in WNS during the 3rd quarter valued at $211,000. Hsbc Holdings PLC bought a new position in WNS during the 3rd quarter valued at $214,000. Finally, Dynamic Technology Lab Private Ltd bought a new position in WNS during the 2nd quarter valued at $242,000. Hedge funds and other institutional investors own 84.11% of the company’s stock.
WNS Company Profile
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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