WNS (NYSE:WNS) Sets New 1-Year High - Should You Buy?

Key Points

• WNS (Holdings) Limited reached a new 52-week high of $75.58 and currently has a market cap of $3.24 billion.
• Analysts have issued mixed ratings for WNS, with a consensus rating of Hold and a target price of $67.43, following multiple downgrades from previous ratings.
• The company reported Q2 earnings of $1.02 EPS, surpassing estimates, along with a year-over-year revenue growth of 9.5% to $339.90 million.

Shares of WNS (Holdings) Limited (NYSE:WNS - Get Free Report) reached a new 52-week high on Thursday . The company traded as high as $75.58 and last traded at $75.59, with a volume of 90449 shares traded. The stock had previously closed at $75.51.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the company. Baird R W cut WNS from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, July 8th. Needham & Company LLC downgraded shares of WNS from a "moderate buy" rating to a "hold" rating in a research report on Monday, July 7th. Barrington Research downgraded shares of WNS from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, July 8th. William Blair lowered shares of WNS from a "strong-buy" rating to a "market perform" rating in a research note on Monday, July 7th. Finally, Wall Street Zen downgraded shares of WNS from a "buy" rating to a "hold" rating in a research note on Saturday, July 12th. Two analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $67.43.

WNS Stock Up 0.1%

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 firm's 50 day moving average price is $75.11 and its two-hundred day moving average price is $65.77. The firm has a market cap of $3.25 billion, a price-to-earnings ratio of 21.10, a P/E/G ratio of 2.25 and a beta of 0.91.

WNS (NYSE:WNS - Get Free Report) last posted its quarterly earnings data on Thursday, July 24th. The business services provider reported $1.02 EPS for the quarter, beating the consensus estimate of $0.97 by $0.05. The firm 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 firm's revenue was up 9.5% compared to the same quarter last year. During the same period in the prior year, the business earned $0.93 EPS. As a group, sell-side analysts forecast that WNS will post 3.8 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the company. Osaic Holdings Inc. boosted its position in shares of WNS by 7.2% in the 2nd quarter. Osaic Holdings Inc. now owns 5,289 shares of the business services provider's stock worth $334,000 after buying an additional 355 shares in the last quarter. Thrivent Financial for Lutherans lifted its holdings in shares of WNS by 2.0% in the second quarter. Thrivent Financial for Lutherans now owns 1,465,789 shares of the business services provider's stock valued at $92,696,000 after purchasing an additional 29,101 shares in the last quarter. Nomura Holdings Inc. purchased a new stake in shares of WNS in the second quarter valued at about $1,026,000. Tower Research Capital LLC TRC increased its stake in shares of 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 worth $350,000 after purchasing an additional 4,426 shares in the last quarter. Finally, Captrust Financial Advisors raised its position in shares of WNS by 57.4% during the 2nd quarter. Captrust Financial Advisors now owns 5,589 shares of the business services provider's stock worth $353,000 after purchasing an additional 2,038 shares during the last quarter. Hedge funds and other institutional investors 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.