WNS (Holdings) Limited (NYSE:WNS) Receives $68.13 Average Target Price from Analysts

Key Points

• Consensus Rating: WNS (Holdings) Limited has received a consensus recommendation of "Hold" from ten brokerages, with eight having a hold rating and two a buy rating.
• Recent Earnings: The company reported earnings of $1.02 per share, exceeding analysts' expectations, with a quarterly revenue of $339.90 million, up 9.5% year-over-year.
• Institutional Ownership: Approximately 97.36% of WNS stock is currently owned by institutional investors and hedge funds, reflecting strong interest among large stakeholders.

WNS (Holdings) Limited (NYSE:WNS - Get Free Report) has earned an average rating of "Hold" from the ten research firms that are presently covering the company, Marketbeat Ratings reports. Eight research analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $68.1250.

Several research firms recently issued reports on WNS. Wall Street Zen downgraded shares of WNS from a "buy" rating to a "hold" rating in a research report on Saturday, July 12th. William Blair cut shares of WNS from a "strong-buy" rating to a "market perform" rating in a report on Monday, July 7th. Baird R W lowered shares of WNS from a "strong-buy" rating to a "hold" rating in a report on Tuesday, July 8th. Deutsche Bank Aktiengesellschaft assumed coverage on WNS in a research note on Thursday, July 17th. They issued a "hold" rating and a $76.50 price objective for the company. Finally, Jefferies Financial Group reaffirmed a "hold" rating and set a $76.50 target price (down previously from $80.00) on shares of WNS in a research report on Tuesday, July 8th.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. LPL Financial LLC increased its position in shares of WNS by 3.9% during the 4th quarter. LPL Financial LLC now owns 13,770 shares of the business services provider's stock valued at $653,000 after purchasing an additional 514 shares during the last quarter. Vanguard Group Inc. increased its holdings in WNS by 27.1% during the fourth quarter. Vanguard Group Inc. now owns 415,556 shares of the business services provider's stock worth $19,693,000 after buying an additional 88,698 shares during the last quarter. Pictet Asset Management Holding SA bought a new stake in WNS in the fourth quarter worth about $213,000. Wells Fargo & Company MN boosted its stake in WNS by 24.1% in the fourth quarter. Wells Fargo & Company MN now owns 30,665 shares of the business services provider's stock valued at $1,453,000 after acquiring an additional 5,958 shares during the last quarter. Finally, Federated Hermes Inc. bought a new position in shares of WNS during the 4th quarter valued at approximately $590,000. Hedge funds and other institutional investors own 97.36% of the company's stock.

WNS Stock Up 0.2%

Shares of WNS stock traded up $0.16 on Friday, reaching $75.18. 107,053 shares of the company were exchanged, compared to its average volume of 1,125,988. WNS has a one year low of $42.62 and a one year high of $75.19. The company has a market cap of $3.22 billion, a price-to-earnings ratio of 20.94, a PEG ratio of 2.23 and a beta of 0.90. The company has a 50-day moving average of $68.10 and a 200-day moving average of $62.95. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.47 and a quick ratio of 1.76.

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