WNS (Holdings) Limited (NYSE:WNS) Given Average Rating of "Moderate Buy" by Brokerages

WNS (Holdings) Limited (NYSE:WNS - Get Free Report) has earned a consensus recommendation of "Moderate Buy" from the eight analysts that are currently covering the firm, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $62.25.

Several brokerages have weighed in on WNS. Barrington Research reissued an "outperform" rating and issued a $75.00 price target on shares of WNS in a report on Friday, April 25th. Needham & Company LLC lifted their target price on shares of WNS from $65.00 to $70.00 and gave the stock a "buy" rating in a research note on Tuesday, March 11th.

WNS Price Performance

Shares of WNS stock opened at $58.70 on Friday. The stock's 50-day moving average is $59.53 and its 200 day moving average is $56.84. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.76 and a quick ratio of 1.76. WNS has a 1-year low of $42.62 and a 1-year high of $72.11. The company has a market cap of $2.72 billion, a P/E ratio of 15.78, a PEG ratio of 1.67 and a beta of 0.92.

WNS (NYSE:WNS - Get Free Report) last announced its earnings results on Thursday, April 24th. The business services provider reported $1.45 earnings per share for the quarter, beating the consensus estimate of $1.41 by $0.04. The company had revenue of $336.30 million during the quarter, compared to the consensus estimate of $323.62 million. WNS had a net margin of 12.94% and a return on equity of 23.26%. WNS's revenue was down .8% compared to the same quarter last year. During the same period last year, the firm earned $1.12 earnings per share. Research analysts predict that WNS will post 3.8 earnings per share for the current fiscal year.

Institutional Trading of WNS

Large investors have recently made changes to their positions in the business. Voya Investment Management LLC lifted its position in WNS by 4,316.0% during the first quarter. Voya Investment Management LLC now owns 568,206 shares of the business services provider's stock valued at $34,939,000 after purchasing an additional 555,339 shares during the period. Strs Ohio purchased a new position in shares of WNS during the 1st quarter valued at about $332,000. Intech Investment Management LLC lifted its holdings in shares of WNS by 14.4% in the 1st quarter. Intech Investment Management LLC now owns 19,936 shares of the business services provider's stock valued at $1,226,000 after buying an additional 2,508 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of WNS by 19.4% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 132,778 shares of the business services provider's stock worth $8,165,000 after buying an additional 21,550 shares during the last quarter. Finally, Dynamic Technology Lab Private Ltd acquired a new stake in WNS during the first quarter worth about $216,000. 97.36% of the stock is owned by hedge funds and other 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 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.

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