WNS (Holdings) Limited (NYSE:WNS) Given Consensus Recommendation of "Hold" by Brokerages

Key Points

• WNS (Holdings) Limited has received a consensus rating of "Hold" from eight analysts, with one analyst suggesting a buy recommendation.
• The average twelve-month target price set by analysts for WNS is $72.80, reflecting a cautious outlook on the stock's performance.
• In its most recent quarterly earnings report, WNS reported a revenue of $339.90 million, which exceeded expectations and marked a 9.5% year-over-year increase.

Shares of WNS (Holdings) Limited (NYSE:WNS - Get Free Report) have earned a consensus rating of "Hold" from the eight analysts that are covering the firm, Marketbeat.com reports. Seven investment analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $72.80.

A number of analysts have recently issued reports on WNS shares. William Blair cut WNS from a "strong-buy" rating to a "market perform" rating in a report on Monday, July 7th. Baird R W downgraded WNS from a "strong-buy" rating to a "hold" rating in a report on Tuesday, July 8th. Wall Street Zen lowered WNS from a "buy" rating to a "hold" rating in a research note on Saturday, July 12th. Weiss Ratings reiterated a "hold (c)" rating on shares of WNS in a report on Wednesday, October 8th. Finally, Barrington Research lowered WNS from a "strong-buy" rating to a "hold" rating in a report on Tuesday, July 8th.

Hedge Funds Weigh In On WNS

A number of large investors have recently bought and sold shares of the stock. Janney Montgomery Scott LLC boosted its position in shares of WNS by 9.4% during the first quarter. Janney Montgomery Scott LLC now owns 40,237 shares of the business services provider's stock valued at $2,474,000 after buying an additional 3,467 shares during the last quarter. KBC Group NV purchased a new position in WNS during the 1st quarter worth $109,000. WCM Investment Management LLC boosted its stake in shares of WNS by 31.7% in the first quarter. WCM Investment Management LLC now owns 355,944 shares of the business services provider's stock worth $21,826,000 after buying an additional 85,625 shares during the last quarter. Teacher Retirement System of Texas acquired a new position in shares of WNS during the first quarter valued at approximately $357,000. Finally, Principal Financial Group Inc. lifted its position in WNS by 3.5% during the first quarter. Principal Financial Group Inc. now owns 157,659 shares of the business services provider's stock worth $9,694,000 after buying an additional 5,333 shares in the last quarter. 97.36% of the stock is owned by hedge funds and other institutional investors.

WNS Stock Down 0.6%

Shares of WNS opened at $75.98 on Thursday. The stock has a market capitalization of $3.26 billion, a PE ratio of 21.16, a P/E/G ratio of 2.25 and a beta of 0.91. WNS has a 1 year low of $42.62 and a 1 year high of $76.48. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.47 and a current ratio of 1.47. The company's 50-day simple moving average is $75.84 and its 200-day simple moving average is $68.36.

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

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.

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