Brokerages forecast that WNS (Holdings) Limited (NYSE:WNS) will report $175.26 million in sales for the current fiscal quarter, Zacks reports. Eight analysts have provided estimates for WNS (Holdings) Limited’s earnings, with the lowest sales estimate coming in at $171.09 million and the highest estimate coming in at $177.43 million. WNS (Holdings) Limited posted sales of $143.70 million in the same quarter last year, which indicates a positive year over year growth rate of 22%. The company is expected to announce its next quarterly earnings results before the market opens on Friday, October 27th.

On average, analysts expect that WNS (Holdings) Limited will report full-year sales of $175.26 million for the current fiscal year, with estimates ranging from $697.41 million to $716.32 million. For the next fiscal year, analysts anticipate that the firm will report sales of $779.65 million per share, with estimates ranging from $757.84 million to $791.06 million. Zacks’ sales averages are a mean average based on a survey of sell-side research analysts that cover WNS (Holdings) Limited.

WNS (Holdings) Limited (NYSE:WNS) last announced its quarterly earnings data on Thursday, July 20th. The business services provider reported $0.45 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.45. The company had revenue of $175.30 million during the quarter, compared to the consensus estimate of $162.73 million. WNS (Holdings) Limited had a net margin of 6.66% and a return on equity of 18.73%. WNS (Holdings) Limited’s quarterly revenue was up 18.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.45 EPS.

WNS has been the topic of a number of recent research reports. Zacks Investment Research cut WNS (Holdings) Limited from a “hold” rating to a “sell” rating in a research note on Friday, July 28th. Barrington Research lifted their price objective on shares of WNS (Holdings) Limited from $38.00 to $40.00 and gave the company an “outperform” rating in a research note on Friday, July 21st. Citigroup Inc. lifted their price objective on shares of WNS (Holdings) Limited from $38.00 to $40.00 and gave the company a “buy” rating in a research note on Friday, July 21st. Cowen and Company upgraded shares of WNS (Holdings) Limited from a “market perform” rating to an “outperform” rating and set a $38.00 price objective on the stock in a research note on Wednesday, June 14th. Finally, BidaskClub upgraded shares of WNS (Holdings) Limited from a “hold” rating to a “buy” rating in a research note on Saturday, June 24th. One research analyst has rated the stock with a sell rating and ten have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $38.75.

WNS (NYSE:WNS) opened at 37.05 on Friday. WNS has a 12 month low of $24.82 and a 12 month high of $37.42. The firm’s 50-day moving average is $35.89 and its 200-day moving average is $33.31. The stock has a market cap of $1.87 billion, a P/E ratio of 46.37 and a beta of 0.98.

Hedge funds and other institutional investors have recently modified their holdings of the stock. 1st Global Advisors Inc. bought a new stake in shares of WNS (Holdings) Limited during the second quarter valued at about $223,000. Financial Counselors Inc. bought a new stake in shares of WNS (Holdings) Limited during the second quarter valued at about $236,000. LaSalle Street Capital Management LLC bought a new stake in shares of WNS (Holdings) Limited during the second quarter valued at about $246,000. PNC Financial Services Group Inc. raised its stake in shares of WNS (Holdings) Limited by 28.0% during the first quarter. PNC Financial Services Group Inc. now owns 7,860 shares of the business services provider’s stock valued at $224,000 after purchasing an additional 1,720 shares in the last quarter. Finally, Dynamic Technology Lab Private Ltd bought a new stake in shares of WNS (Holdings) Limited during the first quarter valued at about $292,000. Institutional investors and hedge funds own 86.22% of the company’s stock.

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About WNS (Holdings) Limited

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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