WNS (NYSE:WNS) Hits New 12-Month High - Time to Buy?

Key Points

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WNS (Holdings) Limited (NYSE:WNS - Get Free Report)'s stock price reached a new 52-week high on Tuesday . The company traded as high as $75.32 and last traded at $75.19, with a volume of 407486 shares changing hands. The stock had previously closed at $75.02.

Analyst Ratings Changes

A number of research firms have weighed in on WNS. Wall Street Zen downgraded shares of WNS from a "buy" rating to a "hold" rating in a research report on Saturday, July 12th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of WNS in a research report on Thursday, July 17th. They set a "hold" rating and a $76.50 price objective for the company. Baird R W downgraded 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 objective (down previously from $80.00) on shares of WNS in a research report on Tuesday, July 8th. Finally, Barrington Research downgraded shares of WNS from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, July 8th. Nine investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company's stock. According to MarketBeat.com, WNS presently has a consensus rating of "Hold" and a consensus target price of $68.13.

WNS Trading Up 0.2%

The firm's 50-day moving average is $69.39 and its 200-day moving average is $63.32. 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 firm has a market cap of $3.22 billion, a price-to-earnings ratio of 20.94, a P/E/G ratio of 2.23 and a beta of 0.90.

WNS (NYSE:WNS - Get Free Report) last posted its quarterly earnings results on Thursday, July 24th. The business services provider reported $1.02 earnings per share (EPS) for the quarter, beating 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 business had revenue of $339.90 million during the quarter, compared to the consensus estimate of $323.13 million. During the same quarter last year, the firm posted $0.93 EPS. WNS's revenue was up 9.5% compared to the same quarter last year. As a group, sell-side analysts anticipate that WNS will post 3.8 EPS for the current fiscal year.

Institutional Trading of WNS

Several hedge funds have recently bought and sold shares of WNS. Nomura Holdings Inc. bought a new position in WNS during the 2nd quarter valued at $1,026,000. Tower Research Capital LLC TRC lifted its stake in WNS by 398.4% during the 2nd quarter. Tower Research Capital LLC TRC now owns 5,537 shares of the business services provider's stock valued at $350,000 after acquiring an additional 4,426 shares in the last quarter. Captrust Financial Advisors lifted its stake in WNS by 57.4% during the 2nd quarter. Captrust Financial Advisors now owns 5,589 shares of the business services provider's stock valued at $353,000 after acquiring an additional 2,038 shares in the last quarter. Vident Advisory LLC lifted its stake in WNS by 16.0% during the 2nd quarter. Vident Advisory LLC now owns 7,738 shares of the business services provider's stock valued at $489,000 after acquiring an additional 1,065 shares in the last quarter. Finally, Shay Capital LLC bought a new position in WNS during the 2nd quarter valued at $221,000. 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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