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

Key Points

• WNS (Holdings) Limited has an average rating of "Hold" from nine brokerage firms, with seven recommending a hold and two issuing buy ratings.
• The company's earnings report showed a 9.5% year-over-year revenue increase, with earnings per share of $1.02 surpassing the consensus estimate of $0.97.
• Institutional investors possess a significant 97.36% of WNS's stock, indicating strong faith among large investors in the company's potential.

WNS (Holdings) Limited (NYSE:WNS - Get Free Report) has received an average recommendation of "Hold" from the nine brokerages that are presently covering the stock, MarketBeat Ratings reports. Seven equities 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 brokerages that have issued a report on the stock in the last year is $67.4286.

WNS has been the subject of several recent analyst reports. Baird R W downgraded WNS from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, July 8th. William Blair cut shares of WNS from a "strong-buy" rating to a "market perform" rating in a research report on Monday, July 7th. Barrington Research cut shares of WNS from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, July 8th. Jefferies Financial Group reaffirmed a "hold" rating and set a $76.50 price target (down previously from $80.00) on shares of WNS in a research report on Tuesday, July 8th. Finally, Needham & Company LLC cut shares of WNS from a "moderate buy" rating to a "hold" rating in a research report on Monday, July 7th.

Hedge Funds Weigh In On WNS

Large investors have recently modified their holdings of the stock. Assetmark Inc. lifted its holdings in WNS by 17.3% in 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. California State Teachers Retirement System lifted its holdings in WNS by 0.4% in the second quarter. California State Teachers Retirement System now owns 36,801 shares of the business services provider's stock worth $2,327,000 after acquiring an additional 145 shares during the last quarter. J.Safra Asset Management Corp lifted its holdings in WNS by 67.7% in the second quarter. J.Safra Asset Management Corp now owns 483 shares of the business services provider's stock worth $29,000 after acquiring an additional 195 shares during the last quarter. Osaic Holdings Inc. lifted its holdings in WNS by 7.2% in the second quarter. Osaic Holdings Inc. now owns 5,289 shares of the business services provider's stock worth $334,000 after acquiring an additional 355 shares during the last quarter. Finally, Teacher Retirement System of Texas lifted its holdings in WNS by 8.5% in the second quarter. Teacher Retirement System of Texas now owns 6,306 shares of the business services provider's stock worth $399,000 after acquiring an additional 495 shares during the last quarter. Institutional investors own 97.36% of the company's stock.

WNS Stock Up 0.0%

Shares of WNS stock opened at $76.18 on Friday. The business has a 50-day moving average of $75.34 and a 200-day moving average of $66.79. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.47 and a quick ratio of 1.47. The company has a market capitalization of $3.27 billion, a PE ratio of 21.22, a P/E/G ratio of 2.26 and a beta of 0.91. WNS has a 1-year low of $42.62 and a 1-year high of $76.30.

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

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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