WNS Sees Unusually Large Options Volume (NYSE:WNS)

WNS (Holdings) Limited (NYSE:WNS - Get Free Report) saw some unusual options trading activity on Monday. Stock traders purchased 4,324 call options on the company. This represents an increase of approximately 256% compared to the typical daily volume of 1,214 call options.

WNS Stock Up 14.3%

NYSE:WNS traded up $9.32 during trading hours on Monday, hitting $74.70. 22,592,573 shares of the company traded hands, compared to its average volume of 663,993. The company has a quick ratio of 1.76, a current ratio of 1.76 and a debt-to-equity ratio of 0.19. The company has a market cap of $3.47 billion, a PE ratio of 20.08, a PEG ratio of 1.88 and a beta of 0.93. The firm's 50-day simple moving average is $58.70 and its 200-day simple moving average is $57.91. WNS has a one year low of $42.62 and a one year high of $75.10.

WNS (NYSE:WNS - Get Free Report) last issued its quarterly earnings data 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 net margin of 12.94% and a return on equity of 23.26%. The business had revenue of $336.30 million during the quarter, compared to the consensus estimate of $323.62 million. During the same period in the prior year, the firm posted $1.12 EPS. The firm's quarterly revenue was down .8% compared to the same quarter last year. Equities analysts predict that WNS will post 3.8 earnings per share for the current year.

Wall Street Analysts Forecast Growth

WNS has been the topic of several research reports. Needham & Company LLC reiterated a "hold" rating on shares of WNS in a report on Monday. William Blair downgraded WNS from an "outperform" rating to a "market perform" rating in a research note on Monday. Finally, Barrington Research reiterated an "outperform" rating and issued a $75.00 price target on shares of WNS in a report on Friday, April 25th. Five equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, WNS presently has a consensus rating of "Moderate Buy" and a consensus price target of $62.25.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. KLP Kapitalforvaltning AS bought a new position in shares of WNS during the 4th quarter valued at approximately $355,000. Kennedy Capital Management LLC purchased a new position in WNS in the fourth quarter valued at approximately $2,813,000. Millennium Management LLC grew its holdings in WNS by 54.6% during the fourth quarter. Millennium Management LLC now owns 9,070 shares of the business services provider's stock valued at $430,000 after purchasing an additional 3,204 shares during the period. Janney Montgomery Scott LLC raised its stake 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 acquiring an additional 3,467 shares during the period. Finally, LPL Financial LLC boosted its holdings in WNS by 3.9% in the 4th quarter. LPL Financial LLC now owns 13,770 shares of the business services provider's stock worth $653,000 after buying an additional 514 shares during the period. Hedge funds and other institutional investors 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.