WNS (Holdings) Limited (NYSE:WNS) Given Consensus Recommendation of “Hold” by Analysts

Shares of WNS (Holdings) Limited (NYSE:WNS) have earned a consensus rating of “Hold” from the ten ratings firms that are covering the company, Marketbeat reports. Eight equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average twelve-month target price among brokers that have covered the stock in the last year is $67.4286.

A number of equities research analysts have commented on the stock. Needham & Company LLC lowered shares of WNS from a “moderate buy” rating to a “hold” rating in a report on Monday, July 7th. Barrington Research lowered shares of WNS from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 8th. Wall Street Zen lowered shares of WNS from a “buy” rating to a “hold” rating in a report on Saturday, July 12th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of WNS in a report on Thursday, July 17th. They set a “hold” rating and a $76.50 price objective on the stock. Finally, William Blair lowered shares of WNS from a “strong-buy” rating to a “market perform” rating in a report on Monday, July 7th.

Institutional Investors Weigh In On WNS

Hedge funds have recently added to or reduced their stakes in the stock. GAMMA Investing LLC lifted its position in WNS by 49.3% during the 3rd quarter. GAMMA Investing LLC now owns 615 shares of the business services provider’s stock valued at $47,000 after purchasing an additional 203 shares during the period. Osaic Holdings Inc. lifted its position in WNS by 7.2% during the 2nd quarter. Osaic Holdings Inc. now owns 5,289 shares of the business services provider’s stock valued at $334,000 after purchasing an additional 355 shares during the period. Thrivent Financial for Lutherans lifted its position in WNS by 2.0% during the 2nd quarter. Thrivent Financial for Lutherans now owns 1,465,789 shares of the business services provider’s stock valued at $92,696,000 after purchasing an additional 29,101 shares during the period. Nomura Holdings Inc. acquired a new position in WNS during the 2nd quarter valued at about $1,026,000. Finally, Tower Research Capital LLC TRC lifted its position in WNS by 398.4% during the 2nd quarter. Tower Research Capital LLC TRC now owns 5,537 shares of the business services provider’s stock valued at $350,000 after purchasing an additional 4,426 shares during the period. Institutional investors own 97.36% of the company’s stock.

WNS Stock Up 0.1%

WNS opened at $76.34 on Friday. The firm’s 50-day simple moving average is $75.49 and its 200-day simple moving average is $67.26. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.47 and a current ratio of 1.47. WNS has a twelve month low of $42.62 and a twelve month high of $76.35. The firm has a market cap of $3.27 billion, a price-to-earnings ratio of 21.26, a PEG ratio of 2.27 and a beta of 0.91.

WNS (NYSE:WNS) last posted its earnings results on Thursday, July 24th. The business services provider reported $1.02 earnings per share for the quarter, topping the consensus estimate of $0.97 by $0.05. WNS had a net margin of 12.11% and a return on equity of 22.90%. The business had revenue of $339.90 million for the quarter, compared to analyst estimates of $323.13 million. During the same quarter in the prior year, the firm earned $0.93 EPS. The firm’s quarterly revenue was up 9.5% compared to the same quarter last year. Equities research analysts anticipate that WNS will post 3.8 EPS for the current fiscal year.

About WNS

WNS (Holdings) Limited, a business process management (BPM) company, provides data, voice, analytical, and business transformation services worldwide. The company operates through TSLU, MRHP, HCLS, and BFSI segments. It engages in diversified business, including manufacturing, retail, consumer packaged goods, media and entertainment, and telecommunication; travel and leisure, utilities, shipping, and logistics; healthcare and life sciences; banking, financial services, and insurance; and Hi-tech and professional services, as well as procurement.