WNS (NYSE:WNS) Stock Rating Lowered by Baird R W

Baird R W cut 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 brokerages have also recently issued reports on WNS. William Blair cut WNS from a "strong-buy" rating to a "market perform" rating in a report on Monday, July 7th. Barrington Research lowered WNS from a "strong-buy" rating to a "hold" rating in a research report on Tuesday. Needham & Company LLC lowered WNS from a "moderate buy" rating to a "hold" rating in a research report on Monday, July 7th. Finally, Jefferies Financial Group restated a "hold" rating and set a $76.50 price target (down from $80.00) on shares of WNS in a research report on Tuesday. Nine research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Hold" and an average target price of $64.94.

WNS Price Performance

Shares of WNS traded down $0.09 during mid-day trading on Tuesday, reaching $74.76. The company had a trading volume of 3,445,998 shares, compared to its average volume of 758,796. WNS has a twelve month low of $42.62 and a twelve month high of $74.96. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.76 and a quick ratio of 1.76. The company's 50-day moving average is $60.20 and its 200-day moving average is $58.81. The company has a market capitalization of $3.47 billion, a P/E ratio of 20.10, a P/E/G ratio of 2.14 and a beta of 0.93.

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

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. KLP Kapitalforvaltning AS bought a new position in WNS in the 4th quarter valued at $355,000. Kennedy Capital Management LLC bought a new position in WNS in the 4th quarter valued at $2,813,000. KBC Group NV bought a new position in WNS in the 1st quarter valued at $109,000. Millennium Management LLC boosted its position in WNS by 54.6% in the 4th quarter. Millennium Management LLC now owns 9,070 shares of the business services provider's stock valued at $430,000 after buying an additional 3,204 shares during the last quarter. Finally, Janney Montgomery Scott LLC boosted its position in WNS by 9.4% in the 1st quarter. Janney Montgomery Scott LLC now owns 40,237 shares of the business services provider's stock valued at $2,474,000 after buying an additional 3,467 shares during the last quarter. 97.36% of the stock is currently owned by institutional investors.

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.