WNS (Holdings) Limited (NYSE:WNS) Receives Consensus Rating of "Hold" from Brokerages

Shares of WNS (Holdings) Limited (NYSE:WNS - Get Free Report) have earned a consensus 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 issued a buy recommendation on the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $64.94.

Several equities research analysts recently commented on the stock. William Blair cut shares of WNS from a "strong-buy" rating to a "market perform" rating in a research report on Monday, July 7th. Jefferies Financial Group reaffirmed a "hold" rating and issued a $76.50 price objective (down from $80.00) on shares of WNS in a research report on Tuesday, July 8th. Baird R W cut shares of WNS from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, July 8th. Needham & Company LLC cut shares of WNS from a "moderate buy" rating to a "hold" rating in a research report on Monday, July 7th. Finally, Barrington Research cut shares of WNS from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, July 8th.

Hedge Funds Weigh In On WNS

Institutional investors have recently made changes to their positions in the stock. KLP Kapitalforvaltning AS acquired a new stake in shares of WNS in the 4th quarter worth about $355,000. Kennedy Capital Management LLC acquired a new stake in shares of WNS in the 4th quarter worth about $2,813,000. KBC Group NV acquired a new stake in shares of WNS in the 1st quarter worth about $109,000. Millennium Management LLC raised its holdings in shares of WNS by 54.6% in the 4th quarter. Millennium Management LLC now owns 9,070 shares of the business services provider's stock worth $430,000 after acquiring an additional 3,204 shares during the last quarter. Finally, Janney Montgomery Scott LLC raised its holdings in shares of WNS by 9.4% in the 1st quarter. Janney Montgomery Scott LLC now owns 40,237 shares of the business services provider's stock worth $2,474,000 after acquiring an additional 3,467 shares during the last quarter. Institutional investors and hedge funds own 97.36% of the company's stock.

WNS Stock Performance

NYSE WNS opened at $74.70 on Tuesday. The company has a current ratio of 1.76, a quick ratio of 1.76 and a debt-to-equity ratio of 0.19. The firm has a market cap of $3.47 billion, a price-to-earnings ratio of 20.08, a PEG ratio of 2.14 and a beta of 0.93. The company has a 50 day moving average of $60.50 and a 200-day moving average of $59.08. WNS has a 1-year low of $42.62 and a 1-year high of $74.96.

WNS (NYSE:WNS - Get Free Report) last released its earnings results on Thursday, April 24th. The business services provider reported $1.45 EPS for the quarter, topping analysts' consensus estimates of $1.41 by $0.04. WNS had a net margin of 12.94% and a return on equity of 23.26%. The firm had revenue of $336.30 million during the quarter, compared to analyst estimates of $323.62 million. During the same quarter in the previous year, the business earned $1.12 EPS. The business's quarterly revenue was down .8% compared to the same quarter last year. On average, equities 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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