WNS (NYSE:WNS) Reaches New 1-Year Low at $49.03

WNS (Holdings) Limited (NYSE:WNS - Get Free Report)'s share price reached a new 52-week low during trading on Thursday . The stock traded as low as $49.03 and last traded at $49.98, with a volume of 128924 shares trading hands. The stock had previously closed at $49.51.

Analyst Upgrades and Downgrades

Several equities analysts have commented on WNS shares. Needham & Company LLC reiterated a "buy" rating and issued a $80.00 target price on shares of WNS in a research report on Friday, March 1st. Citigroup increased their target price on WNS from $73.00 to $76.00 and gave the company a "buy" rating in a research report on Wednesday, January 17th. StockNews.com downgraded WNS from a "buy" rating to a "hold" rating in a research report on Tuesday. Finally, Barrington Research lowered their price objective on WNS from $80.00 to $72.00 and set an "outperform" rating for the company in a research report on Monday, February 5th. One equities research analyst has rated the stock with a hold rating and six have given a buy rating to the company's stock. Based on data from MarketBeat, WNS has an average rating of "Moderate Buy" and a consensus target price of $85.88.

WNS Stock Performance

The firm has a market capitalization of $2.30 billion, a P/E ratio of 14.63 and a beta of 1.04. The stock has a fifty day simple moving average of $58.01 and a two-hundred day simple moving average of $60.97. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.82 and a quick ratio of 1.82.

WNS (NYSE:WNS - Get Free Report) last issued its earnings results on Thursday, January 18th. The business services provider reported $0.98 earnings per share for the quarter, topping analysts' consensus estimates of $0.80 by $0.18. The business had revenue of $315.90 million during the quarter, compared to the consensus estimate of $313.21 million. WNS had a return on equity of 21.71% and a net margin of 12.59%. On average, research analysts predict that WNS will post 3.44 EPS for the current year.

Institutional Investors Weigh In On WNS

A number of hedge funds have recently added to or reduced their stakes in the company. FMR LLC grew its stake in WNS by 1.7% in the third quarter. FMR LLC now owns 4,121,499 shares of the business services provider's stock valued at $282,158,000 after acquiring an additional 70,820 shares during the period. Macquarie Group Ltd. boosted its position in shares of WNS by 1.5% during the second quarter. Macquarie Group Ltd. now owns 2,662,818 shares of the business services provider's stock valued at $198,753,000 after buying an additional 38,496 shares during the last quarter. JPMorgan Chase & Co. boosted its position in shares of WNS by 36.5% during the third quarter. JPMorgan Chase & Co. now owns 2,034,729 shares of the business services provider's stock valued at $139,298,000 after buying an additional 544,328 shares during the last quarter. Artisan Partners Limited Partnership boosted its position in shares of WNS by 13.9% during the fourth quarter. Artisan Partners Limited Partnership now owns 1,920,291 shares of the business services provider's stock valued at $121,362,000 after buying an additional 234,139 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA boosted its position in shares of WNS by 4.8% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 1,551,716 shares of the business services provider's stock valued at $98,068,000 after buying an additional 71,004 shares during the last quarter. Institutional investors and hedge funds own 97.36% of the company's stock.

WNS Company Profile

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 telecommunication; travel and leisure; healthcare; utilities; shipping and logistics; Hi-tech and professional services; and banking and financial services.