Brokerages Set WNS (Holdings) Limited (NYSE:WNS) Price Target at $62.25

WNS (Holdings) Limited (NYSE:WNS - Get Free Report) has earned an average recommendation of "Moderate Buy" from the eight analysts that are presently covering the company, MarketBeat.com 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 twelve-month target price among brokerages that have covered the stock in the last year is $62.25.

Several analysts have recently commented on WNS shares. Needham & Company LLC raised 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. Barrington Research restated an "outperform" rating and issued a $75.00 price target on shares of WNS in a research report on Friday, April 25th.

WNS Stock Performance

WNS traded down $0.62 on Monday, reaching $57.18. The company had a trading volume of 674,925 shares, compared to its average volume of 576,553. WNS has a 1 year low of $42.62 and a 1 year high of $72.11. The stock has a market capitalization of $2.65 billion, a PE ratio of 19.99, a P/E/G ratio of 2.10 and a beta of 0.94. The company has a quick ratio of 1.81, a current ratio of 1.81 and a debt-to-equity ratio of 0.19. The stock has a 50-day moving average price of $61.18 and a 200-day moving average price of $56.11.

WNS (NYSE:WNS - Get Free Report) last announced its earnings results on Thursday, April 24th. The business services provider reported $1.45 EPS for the quarter, beating analysts' consensus estimates of $1.41 by $0.04. WNS had a net margin of 10.03% and a return on equity of 22.25%. The business had revenue of $336.30 million during the quarter, compared to analysts' expectations of $323.62 million. During the same period in the prior year, the company earned $1.12 earnings per share. The business's revenue was down .8% compared to the same quarter last year. As a group, research analysts forecast that WNS will post 3.8 EPS for the current fiscal year.

Hedge Funds Weigh In On WNS

Institutional investors and hedge funds have recently modified their holdings of the company. Quarry LP purchased a new position in shares of WNS during the first quarter valued at approximately $47,000. Johnson Financial Group Inc. purchased a new position in WNS during the fourth quarter worth approximately $53,000. NBC Securities Inc. purchased a new position in WNS during the first quarter worth approximately $96,000. KBC Group NV purchased a new position in WNS during the first quarter worth approximately $109,000. Finally, Ironwood Wealth Management LLC. purchased a new position in WNS during the first quarter worth approximately $209,000. Hedge funds and other institutional investors 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 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.