WNS (NYSE:WNS) Stock Rating Lowered by Wall Street Zen

WNS (NYSE:WNS - Get Free Report) was downgraded by analysts at Wall Street Zen from a "buy" rating to a "hold" rating in a note issued to investors on Saturday.

A number of other research analysts also recently commented on the stock. Baird R W downgraded shares of WNS from a "strong-buy" rating to a "hold" rating in a research report on Tuesday. Needham & Company LLC downgraded shares of WNS from a "moderate buy" rating to a "hold" rating in a research report on Monday, July 7th. Jefferies Financial Group reissued a "hold" rating and set a $76.50 target price (down previously from $80.00) on shares of WNS in a research report on Tuesday. Barrington Research downgraded shares of WNS from a "strong-buy" rating to a "hold" rating in a research report on Tuesday. Finally, William Blair downgraded shares of WNS from a "strong-buy" rating to a "market perform" rating in a research report on Monday. Nine research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $64.94.

WNS Trading Down 0.1%

WNS stock opened at $74.76 on Friday. The company has a market capitalization of $3.47 billion, a PE ratio of 20.10, a P/E/G ratio of 2.15 and a beta of 0.93. WNS has a 12 month low of $42.62 and a 12 month high of $74.96. The firm's 50-day moving average is $60.20 and its 200 day moving average is $58.72. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.76 and a quick ratio of 1.76.

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

Institutional Trading of WNS

A number of institutional investors have recently bought and sold shares of WNS. Bank of New York Mellon Corp boosted its stake 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 worth $6,879,000 after purchasing an additional 28,201 shares in the last quarter. Arizona State Retirement System acquired a new stake in WNS in the 4th quarter worth approximately $546,000. Royce & Associates LP lifted its stake in WNS by 10.1% during the 4th quarter. Royce & Associates LP now owns 321,371 shares of the business services provider's stock valued at $15,230,000 after acquiring an additional 29,360 shares during the period. Nicholas Company Inc. lifted its stake in WNS by 18.4% during the 4th quarter. Nicholas Company Inc. now owns 140,364 shares of the business services provider's stock valued at $6,652,000 after acquiring an additional 21,859 shares during the period. Finally, William Blair Investment Management LLC lifted its stake 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 during the period. 97.36% of the stock is currently owned by institutional investors and hedge funds.

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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