WNS (Holdings) Limited (NYSE:WNS) Receives Average Recommendation of "Hold" from Brokerages

Key Points

• WNS (Holdings) Limited has received an average recommendation of "Hold" from ten brokerages, with eight analysts rating it as such and two issuing a buy rating.
• The company's most recent earnings report showed EPS of $1.02, exceeding analysts' expectations by $0.05, and a year-over-year revenue increase of 9.5% to $339.90 million.
• Institutional investors hold a significant majority of the company, owning 97.36% of WNS stock, indicating strong institutional confidence in the firm.

WNS (Holdings) Limited (NYSE:WNS - Get Free Report) has received an average recommendation of "Hold" from the ten brokerages that are currently covering the firm, Marketbeat.com reports. Eight research analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $68.1250.

A number of research firms have weighed in on WNS. Wall Street Zen lowered WNS from a "buy" rating to a "hold" rating in a report on Saturday, July 12th. Barrington Research downgraded WNS from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, July 8th. Baird R W downgraded shares of WNS from a "strong-buy" rating to a "hold" rating in a report on Tuesday, July 8th. William Blair cut shares of WNS from a "strong-buy" rating to a "market perform" rating in a report on Monday, July 7th. Finally, Deutsche Bank Aktiengesellschaft assumed coverage on shares of WNS in a research report on Thursday, July 17th. They issued a "hold" rating and a $76.50 price objective on the stock.

WNS Stock Performance

Shares of WNS stock opened at $75.36 on Wednesday. The company has a current ratio of 1.47, a quick ratio of 1.47 and a debt-to-equity ratio of 0.18. The stock's fifty day moving average price is $73.01 and its 200-day moving average price is $64.51. The firm has a market cap of $3.23 billion, a P/E ratio of 20.99, a P/E/G ratio of 2.24 and a beta of 0.91. WNS has a 12 month low of $42.62 and a 12 month high of $75.58.

WNS (NYSE:WNS - Get Free Report) last issued its 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. WNS had a net margin of 12.11% and a return on equity of 22.90%. The company had revenue of $339.90 million for the quarter, compared to analysts' expectations of $323.13 million. During the same period in the prior year, the business earned $0.93 EPS. The firm's quarterly revenue was up 9.5% on a year-over-year basis. On average, equities research analysts expect that WNS will post 3.8 earnings per share for the current fiscal year.

Institutional Trading of WNS

Institutional investors have recently made changes to their positions in the business. J.Safra Asset Management Corp increased its position in WNS by 67.7% during the 2nd quarter. J.Safra Asset Management Corp now owns 483 shares of the business services provider's stock valued at $29,000 after buying an additional 195 shares in the last quarter. Quarry LP purchased a new stake in shares of WNS during the first quarter worth about $47,000. Assetmark Inc. grew its stake in shares of WNS by 17.3% during the second quarter. Assetmark Inc. now owns 909 shares of the business services provider's stock worth $57,000 after acquiring an additional 134 shares during the last quarter. EverSource Wealth Advisors LLC increased its holdings in shares of WNS by 206.6% during the second quarter. EverSource Wealth Advisors LLC now owns 1,432 shares of the business services provider's stock valued at $91,000 after acquiring an additional 965 shares in the last quarter. Finally, NBC Securities Inc. purchased a new position in shares of WNS in the 1st quarter valued at approximately $96,000. Institutional investors and hedge funds 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.

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