Brokerages Set WNS (Holdings) Limited (NYSE:WNS) Price Target at $61.00

WNS (Holdings) Limited (NYSE:WNS) has earned a consensus rating of “Moderate Buy” from the eight research firms that are currently covering the firm, Marketbeat.com reports. Three analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $61.00.

Several brokerages have recently commented on WNS. Robert W. Baird boosted their price target on WNS from $58.00 to $66.00 and gave the stock an “outperform” rating in a research note on Friday, January 24th. Needham & Company LLC boosted their price target on WNS from $60.00 to $65.00 and gave the stock a “buy” rating in a research note on Thursday, January 23rd. Jefferies Financial Group decreased their price target on WNS from $60.00 to $55.00 and set a “buy” rating on the stock in a research note on Tuesday, January 21st. Finally, StockNews.com raised WNS from a “hold” rating to a “buy” rating in a research note on Friday, January 24th.

WNS Stock Performance

NYSE WNS opened at $58.31 on Friday. The company has a current ratio of 1.81, a quick ratio of 1.81 and a debt-to-equity ratio of 0.19. The business’s 50 day moving average is $51.78 and its two-hundred day moving average is $52.65. WNS has a 12-month low of $39.85 and a 12-month high of $65.03. The stock has a market capitalization of $2.70 billion, a price-to-earnings ratio of 20.39, a PEG ratio of 2.13 and a beta of 1.19.

WNS (NYSE:WNS) last released its earnings results on Thursday, January 23rd. The business services provider reported $0.89 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.04 by ($0.15). WNS had a return on equity of 22.25% and a net margin of 10.03%. Research analysts expect that WNS will post 3.8 EPS for the current year.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in WNS. Creative Planning increased its holdings in WNS by 68.7% in the 3rd quarter. Creative Planning now owns 8,849 shares of the business services provider’s stock valued at $466,000 after purchasing an additional 3,603 shares in the last quarter. Blue Trust Inc. boosted its position in WNS by 1,151.2% in the 3rd quarter. Blue Trust Inc. now owns 2,665 shares of the business services provider’s stock valued at $140,000 after buying an additional 2,452 shares during the last quarter. Signaturefd LLC boosted its position in WNS by 150.0% in the 3rd quarter. Signaturefd LLC now owns 2,812 shares of the business services provider’s stock valued at $148,000 after buying an additional 1,687 shares during the last quarter. BKM Wealth Management LLC boosted its position in WNS by 2.8% in the 3rd quarter. BKM Wealth Management LLC now owns 10,972 shares of the business services provider’s stock valued at $578,000 after buying an additional 298 shares during the last quarter. Finally, Financial Management Professionals Inc. purchased a new position in WNS in the 3rd quarter valued at about $46,000. 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.