WNS (NYSE:WNS) Sets New 52-Week High - Should You Buy?

WNS (Holdings) Limited (NYSE:WNS - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $74.84 and last traded at $74.70, with a volume of 22592573 shares. The stock had previously closed at $65.38.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on WNS shares. William Blair cut WNS from an "outperform" rating to a "market perform" rating in a research report on Monday. Needham & Company LLC reiterated a "hold" rating on shares of WNS in a research report on Monday. Finally, Barrington Research reiterated an "outperform" rating and set a $75.00 price target on shares of WNS in a research report on Friday, April 25th. Five analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $62.25.

WNS Stock Performance

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 firm has a fifty day simple moving average of $59.01 and a 200 day simple moving average of $58.11. The company has a market capitalization of $3.47 billion, a price-to-earnings ratio of 20.08, a price-to-earnings-growth ratio of 1.88 and a beta of 0.93.

WNS (NYSE:WNS - Get Free Report) last issued its quarterly 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. The firm had revenue of $336.30 million for the quarter, compared to analyst estimates of $323.62 million. WNS had a return on equity of 23.26% and a net margin of 12.94%. The business's revenue was down .8% on a year-over-year basis. During the same period in the previous year, the company posted $1.12 earnings per share. On average, analysts anticipate that WNS will post 3.8 earnings per share for the current fiscal year.

Hedge Funds Weigh In On WNS

A number of institutional investors and hedge funds have recently added to or reduced their stakes in WNS. MetLife Investment Management LLC raised its position in WNS by 0.7% in the fourth quarter. MetLife Investment Management LLC now owns 25,575 shares of the business services provider's stock valued at $1,212,000 after purchasing an additional 187 shares during the period. Inspire Advisors LLC raised its holdings in shares of WNS by 4.0% in the 4th quarter. Inspire Advisors LLC now owns 12,836 shares of the business services provider's stock valued at $608,000 after buying an additional 493 shares during the period. LPL Financial LLC raised its holdings in shares of WNS by 3.9% in the 4th quarter. LPL Financial LLC now owns 13,770 shares of the business services provider's stock valued at $653,000 after buying an additional 514 shares during the period. Baird Financial Group Inc. raised its holdings in shares of WNS by 10.2% in the 1st quarter. Baird Financial Group Inc. now owns 5,762 shares of the business services provider's stock valued at $354,000 after buying an additional 533 shares during the period. Finally, Cetera Investment Advisers raised its holdings in shares of WNS by 11.6% in the 1st quarter. Cetera Investment Advisers now owns 5,731 shares of the business services provider's stock valued at $352,000 after buying an additional 597 shares during the period. 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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