WNS (NYSE:WNS) Downgraded by Baird R W to Hold

Baird R W downgraded shares of WNS (NYSE:WNS - Free Report) from a strong-buy rating to a hold rating in a research report report published on Tuesday,Zacks.com reports.

A number of other equities analysts have also recently commented on WNS. Barrington Research cut shares of WNS from a "strong-buy" rating to a "hold" rating in a report on Tuesday. Needham & Company LLC lowered shares of WNS from a "moderate buy" rating to a "hold" rating in a research report on Monday. Jefferies Financial Group reiterated a "hold" rating and issued a $76.50 price objective (down from $80.00) on shares of WNS in a research report on Tuesday. Finally, William Blair lowered shares of WNS from a "strong-buy" rating to a "market perform" rating in a research report on Monday. Eight investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $64.94.

WNS Stock Up 0.2%

WNS stock traded up $0.18 during midday trading on Tuesday, reaching $74.92. 5,648,248 shares of the company were exchanged, compared to its average volume of 724,084. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.76 and a current ratio of 1.76. WNS has a 1-year low of $42.62 and a 1-year high of $74.95. The stock's 50-day simple moving average is $59.30 and its 200 day simple moving average is $58.22. The company has a market cap of $3.48 billion, a price-to-earnings ratio of 20.14, a price-to-earnings-growth ratio of 2.15 and a beta of 0.93.

WNS (NYSE:WNS - Get Free Report) last released its quarterly earnings data on Thursday, April 24th. The business services provider reported $1.45 earnings per share for the quarter, topping analysts' consensus estimates of $1.41 by $0.04. The company had revenue of $336.30 million for the quarter, compared to analysts' expectations of $323.62 million. WNS had a net margin of 12.94% and a return on equity of 23.26%. The firm's revenue for the quarter was down .8% on a year-over-year basis. During the same quarter last year, the company earned $1.12 earnings per share. On average, equities analysts forecast that WNS will post 3.8 earnings per share for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in WNS. Bank of New York Mellon Corp lifted its holdings in WNS by 24.1% in the 4th quarter. Bank of New York Mellon Corp now owns 145,150 shares of the business services provider's stock valued at $6,879,000 after purchasing an additional 28,201 shares in the last quarter. Arizona State Retirement System acquired a new stake in WNS during the 4th quarter worth approximately $546,000. Inspire Advisors LLC increased its position in WNS by 4.0% during the 4th quarter. Inspire Advisors LLC now owns 12,836 shares of the business services provider's stock worth $608,000 after purchasing an additional 493 shares in the last quarter. Aurora Investment Counsel increased its position in WNS by 11.0% during the 4th quarter. Aurora Investment Counsel now owns 38,986 shares of the business services provider's stock worth $1,848,000 after purchasing an additional 3,849 shares in the last quarter. Finally, Royce & Associates LP boosted its holdings in WNS by 10.1% in the 4th quarter. Royce & Associates LP now owns 321,371 shares of the business services provider's stock worth $15,230,000 after acquiring an additional 29,360 shares during the period. 97.36% of the stock is currently owned by hedge funds and other institutional investors.

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.