WNS (NYSE:WNS) Hits New 12-Month High at $80.29

WNS (Holdings) Limited (NYSE:WNS) hit a new 52-week high during trading on Wednesday . The company traded as high as $80.29 and last traded at $80.08, with a volume of 839 shares traded. The stock had previously closed at $79.72.

A number of equities research analysts have issued reports on WNS shares. Deutsche Bank Aktiengesellschaft increased their price objective on shares of WNS from $70.00 to $80.00 and gave the stock a “buy” rating in a research note on Friday, April 23rd. Robert W. Baird cut WNS from an “outperform” rating to a “neutral” rating and set a $82.00 target price for the company. in a research note on Thursday, March 4th. Zacks Investment Research lowered WNS from a “hold” rating to a “sell” rating in a research note on Friday, April 23rd. Finally, Needham & Company LLC upped their price objective on shares of WNS from $85.00 to $88.00 and gave the stock a “buy” rating in a research report on Thursday, April 22nd. One analyst has rated the stock with a sell rating, one has issued a hold rating and eight have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of $81.10.

The stock has a fifty day moving average price of $74.14. The company has a market capitalization of $4.00 billion, a PE ratio of 40.90, a price-to-earnings-growth ratio of 2.66 and a beta of 1.42.

WNS (NYSE:WNS) last posted its quarterly earnings data on Thursday, April 22nd. The business services provider reported $0.71 EPS for the quarter, topping the Zacks’ consensus estimate of $0.69 by $0.02. The company had revenue of $228.30 million for the quarter, compared to analyst estimates of $227.53 million. WNS had a return on equity of 16.86% and a net margin of 11.23%. The firm’s quarterly revenue was down 3.2% on a year-over-year basis. During the same period in the previous year, the firm earned $0.82 earnings per share. As a group, research analysts anticipate that WNS will post 2.44 earnings per share for the current fiscal year.

Large investors have recently bought and sold shares of the company. Grandeur Peak Global Advisors LLC raised its stake in WNS by 1.6% during the first quarter. Grandeur Peak Global Advisors LLC now owns 2,603,252 shares of the business services provider’s stock worth $188,580,000 after buying an additional 42,192 shares during the last quarter. Janus Henderson Group PLC raised its position in shares of WNS by 1.7% in the 4th quarter. Janus Henderson Group PLC now owns 1,834,416 shares of the business services provider’s stock worth $132,170,000 after acquiring an additional 30,099 shares in the last quarter. Wells Fargo & Company MN raised its position in shares of WNS by 2.3% in the 4th quarter. Wells Fargo & Company MN now owns 1,669,346 shares of the business services provider’s stock worth $120,276,000 after acquiring an additional 37,704 shares in the last quarter. WCM Investment Management LLC lifted its stake in shares of WNS by 30.2% in the 1st quarter. WCM Investment Management LLC now owns 1,512,319 shares of the business services provider’s stock valued at $109,552,000 after purchasing an additional 350,756 shares during the period. Finally, TimesSquare Capital Management LLC boosted its position in shares of WNS by 0.8% during the 1st quarter. TimesSquare Capital Management LLC now owns 1,310,897 shares of the business services provider’s stock valued at $94,961,000 after purchasing an additional 10,264 shares in the last quarter. 97.63% of the stock is currently owned by institutional investors.

WNS Company Profile (NYSE:WNS)

WNS (Holdings) Limited, a business process management (BPM) company, provides data, voice, analytical, and business transformation services worldwide. The company operates through two segments, WNS Global BPM and WNS Auto Claims BPM. It offers industry-specific services to clients primarily in insurance; diversified businesses, including manufacturing, retail, consumer packaged goods, media and entertainment, and telecom; travel and leisure; healthcare; utilities; shipping and logistics; consulting and professional services; and banking and financial services.

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