WNS (Holdings) Limited (NYSE:WNS) has been assigned a consensus rating of “Buy” from the eight research firms that are currently covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, six have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year price target among analysts that have covered the stock in the last year is $63.50.
Several brokerages have recently commented on WNS. Barrington Research increased their price target on shares of WNS from $60.00 to $68.00 and gave the stock an “outperform” rating in a research report on Friday, April 26th. Wedbush increased their price target on shares of WNS from $55.00 to $65.00 and gave the stock an “outperform” rating in a research report on Tuesday, April 2nd. Zacks Investment Research cut shares of WNS from a “hold” rating to a “sell” rating in a research report on Thursday. Finally, Needham & Company LLC reaffirmed a “strong-buy” rating and set a $65.00 price target (up previously from $52.00) on shares of WNS in a research report on Thursday, March 7th.
A number of hedge funds and other institutional investors have recently modified their holdings of WNS. FMR LLC increased its stake in shares of WNS by 2.5% during the first quarter. FMR LLC now owns 4,810,675 shares of the business services provider’s stock valued at $256,265,000 after acquiring an additional 118,100 shares during the period. Diversified Trust Co acquired a new position in shares of WNS during the first quarter valued at approximately $211,000. Clearbridge Investments LLC increased its stake in shares of WNS by 2.6% during the first quarter. Clearbridge Investments LLC now owns 366,148 shares of the business services provider’s stock valued at $19,505,000 after acquiring an additional 9,301 shares during the period. Marshall Wace LLP increased its stake in shares of WNS by 455.3% during the first quarter. Marshall Wace LLP now owns 261,209 shares of the business services provider’s stock valued at $13,914,000 after acquiring an additional 214,168 shares during the period. Finally, Neuburgh Advisers LLC increased its stake in shares of WNS by 8.1% during the first quarter. Neuburgh Advisers LLC now owns 29,456 shares of the business services provider’s stock valued at $1,569,000 after acquiring an additional 2,208 shares during the period. 94.23% of the stock is currently owned by hedge funds and other institutional investors.
WNS (NYSE:WNS) last issued its quarterly earnings results on Thursday, April 25th. The business services provider reported $0.73 EPS for the quarter, topping the consensus estimate of $0.57 by $0.16. WNS had a net margin of 13.04% and a return on equity of 23.64%. The business had revenue of $206.60 million for the quarter, compared to analysts’ expectations of $207.29 million. During the same quarter last year, the company posted $0.63 earnings per share. The company’s quarterly revenue was up 4.2% compared to the same quarter last year. On average, equities research analysts expect that WNS will post 2.3 earnings per share for the current fiscal year.
WNS Company Profile
WNS (Holdings) Limited, a business process management company, together with its subsidiaries, provides data, voice, analytical, and business transformation services worldwide. It operates through two segments, WNS Global BPM and WNS Auto Claims BPM. The company offers industry-specific services to clients primarily in insurance; travel and leisure; diversified businesses, including manufacturing, retail, consumer packaged goods, media and entertainment, and telecommunication; utilities; consulting and professional services; healthcare; banking and financial services; and shipping and logistics industries.
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