WNS (NYSE:WNS) Rating Reiterated by Barrington Research

Barrington Research reiterated their outperform rating on shares of WNS (NYSE:WNS - Free Report) in a research note released on Monday morning, Benzinga reports. The firm currently has a $72.00 price target on the business services provider's stock.

Several other research firms also recently issued reports on WNS. Needham & Company LLC restated a buy rating and set a $80.00 price objective on shares of WNS in a report on Friday, March 1st. StockNews.com cut WNS from a buy rating to a hold rating in a report on Tuesday, April 2nd. Finally, Citigroup lifted their price objective on WNS from $73.00 to $76.00 and gave the stock a buy rating in a report on Wednesday, January 17th. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of Moderate Buy and an average price target of $85.88.

WNS Stock Performance

Shares of WNS stock traded down $3.79 during trading on Monday, reaching $47.55. The company's stock had a trading volume of 477,930 shares, compared to its average volume of 381,743. WNS has a one year low of $46.89 and a one year high of $92.35. 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 firm has a market cap of $2.27 billion, a price-to-earnings ratio of 14.45 and a beta of 1.04. The business's fifty day moving average price is $55.06 and its 200-day moving average price is $59.87.

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, topping analysts' consensus estimates of $0.80 by $0.18. WNS had a return on equity of 21.71% and a net margin of 12.59%. The company had revenue of $315.90 million during the quarter, compared to analyst estimates of $313.21 million. As a group, equities research analysts predict that WNS will post 3.44 earnings per share for the current year.

Institutional Trading of WNS

A number of large investors have recently bought and sold shares of WNS. JPMorgan Chase & Co. boosted its position in WNS by 16.8% in the first quarter. JPMorgan Chase & Co. now owns 4,215 shares of the business services provider's stock valued at $361,000 after buying an additional 607 shares in the last quarter. Raymond James & Associates bought a new position in shares of WNS in the first quarter valued at approximately $433,000. Citigroup Inc. boosted its holdings in shares of WNS by 2.2% in the 1st quarter. Citigroup Inc. now owns 15,150 shares of the business services provider's stock worth $1,295,000 after acquiring an additional 333 shares in the last quarter. Canada Pension Plan Investment Board grew its position in WNS by 72.1% during the 1st quarter. Canada Pension Plan Investment Board now owns 48,700 shares of the business services provider's stock worth $4,163,000 after acquiring an additional 20,400 shares during the last quarter. Finally, Baird Financial Group Inc. increased its holdings in WNS by 21.8% during the 1st quarter. Baird Financial Group Inc. now owns 44,046 shares of the business services provider's stock valued at $3,765,000 after purchasing an additional 7,878 shares in the last quarter. 97.36% of the stock is currently owned by institutional investors.

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.