WNS (NYSE:WNS) Receives "Hold" Rating from Jefferies Financial Group

WNS (NYSE:WNS - Get Free Report)'s stock had its "hold" rating reissued by stock analysts at Jefferies Financial Group in a report issued on Tuesday,Benzinga reports. They presently have a $76.50 price target on the business services provider's stock, down from their previous price target of $80.00. Jefferies Financial Group's price objective points to a potential upside of 2.33% from the company's previous close.

A number of other research analysts have also recently issued reports on WNS. Barrington Research reaffirmed an "outperform" rating and set a $75.00 price objective on shares of WNS in a research note on Friday, April 25th. Needham & Company LLC cut WNS from a "moderate buy" rating to a "hold" rating in a research note on Monday. Finally, William Blair cut WNS from a "strong-buy" rating to a "market perform" rating in a research note on Monday. Eight research analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and an average target price of $64.94.

WNS Price Performance

WNS traded down $0.09 during trading on Tuesday, reaching $74.76. The stock had a trading volume of 3,445,998 shares, compared to its average volume of 757,803. The stock has a market cap of $3.47 billion, a PE ratio of 20.10, a PEG ratio of 2.15 and a beta of 0.93. 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 one year low of $42.62 and a one year high of $75.10. The business has a 50-day moving average of $60.20 and a 200-day moving average of $58.72.

WNS (NYSE:WNS - Get Free Report) last released its earnings results on Thursday, April 24th. The business services provider reported $1.45 EPS for the quarter, beating 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 for the quarter, compared to analysts' expectations of $323.62 million. During the same quarter in the prior year, the firm earned $1.12 earnings per share. The firm's revenue was down .8% on a year-over-year basis. As a group, equities research analysts anticipate that WNS will post 3.8 EPS for the current fiscal year.

Institutional Trading of WNS

Several large investors have recently bought and sold shares of the company. Hhlr Advisors LTD. bought a new stake in WNS during the 4th quarter valued at approximately $72,576,000. Thrivent Financial for Lutherans boosted its position in WNS by 26.7% during the 4th quarter. Thrivent Financial for Lutherans now owns 1,483,569 shares of the business services provider's stock valued at $70,307,000 after acquiring an additional 312,519 shares in the last quarter. Diamond Hill Capital Management Inc. boosted its position in WNS by 2.6% during the 1st quarter. Diamond Hill Capital Management Inc. now owns 1,408,501 shares of the business services provider's stock valued at $86,609,000 after acquiring an additional 35,074 shares in the last quarter. Alliancebernstein L.P. boosted its position in WNS by 3.0% during the 1st quarter. Alliancebernstein L.P. now owns 1,405,672 shares of the business services provider's stock valued at $86,435,000 after acquiring an additional 41,505 shares in the last quarter. Finally, William Blair Investment Management LLC boosted its position in WNS by 5.0% during the 4th quarter. William Blair Investment Management LLC now owns 1,112,743 shares of the business services provider's stock valued at $52,733,000 after acquiring an additional 53,433 shares in the last quarter. 97.36% of the stock is owned by 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.