WNS (NYSE:WNS) Hits New 52-Week Low at $46.87

WNS (Holdings) Limited (NYSE:WNS - Get Free Report)'s share price reached a new 52-week low on Tuesday . The stock traded as low as $46.87 and last traded at $46.98, with a volume of 13056 shares trading hands. The stock had previously closed at $47.55.

Wall Street Analysts Forecast Growth

WNS has been the subject of several analyst reports. StockNews.com cut shares of WNS from a "buy" rating to a "hold" rating in a research note on Tuesday, April 2nd. Barrington Research reissued an "outperform" rating and issued a $72.00 price target on shares of WNS in a research note on Monday. Citigroup increased their price target on shares of WNS from $73.00 to $76.00 and gave the company a "buy" rating in a research note on Wednesday, January 17th. Finally, Needham & Company LLC reaffirmed a "buy" rating and set a $80.00 price objective on shares of WNS in a research report on Friday, March 1st. One research analyst has rated the stock with a hold rating and six have issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $85.88.

WNS Price Performance

The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.82 and a current ratio of 1.82. The company has a market cap of $2.27 billion, a PE ratio of 14.40 and a beta of 1.04. The company's 50-day simple moving average is $54.80 and its 200 day simple moving average is $59.72.

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

Institutional Investors Weigh In On WNS

A number of hedge funds and other institutional investors have recently modified their holdings of WNS. FMR LLC raised its stake in WNS by 1.7% during the 3rd quarter. FMR LLC now owns 4,121,499 shares of the business services provider's stock worth $282,158,000 after acquiring an additional 70,820 shares in the last quarter. Macquarie Group Ltd. raised its stake in WNS by 1.5% during the 2nd quarter. Macquarie Group Ltd. now owns 2,662,818 shares of the business services provider's stock worth $198,753,000 after acquiring an additional 38,496 shares in the last quarter. JPMorgan Chase & Co. raised its stake in WNS by 36.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,034,729 shares of the business services provider's stock worth $139,298,000 after acquiring an additional 544,328 shares in the last quarter. Artisan Partners Limited Partnership raised its stake in WNS by 13.9% during the 4th quarter. Artisan Partners Limited Partnership now owns 1,920,291 shares of the business services provider's stock worth $121,362,000 after acquiring an additional 234,139 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA raised its stake in WNS by 4.8% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 1,551,716 shares of the business services provider's stock worth $98,068,000 after acquiring an additional 71,004 shares in the last quarter. 97.36% of the stock is currently owned by institutional investors and hedge funds.

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