WNS (NYSE:WNS) Given "Outperform" Rating at Barrington Research

Barrington Research restated their outperform rating on shares of WNS (NYSE:WNS - Free Report) in a research note released on Friday,Benzinga reports. They currently have a $75.00 price target on the business services provider's stock.

WNS has been the subject of several other research reports. StockNews.com upgraded shares of WNS from a "hold" rating to a "buy" rating in a research report on Friday, January 24th. Needham & Company LLC upped their price target on shares of WNS from $65.00 to $70.00 and gave the company a "buy" rating in a research report on Tuesday, March 11th. Jefferies Financial Group reduced their price target on shares of WNS from $60.00 to $55.00 and set a "buy" rating for the company in a research report on Tuesday, January 21st. Finally, Robert W. Baird boosted their price objective on shares of WNS from $58.00 to $66.00 and gave the company an "outperform" rating in a research note on Friday, January 24th. Three research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $62.25.

WNS Stock Down 1.5 %

WNS stock traded down $0.90 during trading on Friday, reaching $59.18. The stock had a trading volume of 650,307 shares, compared to its average volume of 555,177. WNS has a 52-week low of $40.02 and a 52-week high of $72.11. The business has a 50 day moving average price of $61.78 and a 200 day moving average price of $54.81. The company has a quick ratio of 1.81, a current ratio of 1.81 and a debt-to-equity ratio of 0.19. The stock has a market cap of $2.74 billion, a PE ratio of 20.69, a P/E/G ratio of 2.10 and a beta of 0.96.

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 for the quarter, topping the consensus estimate of $1.41 by $0.04. The business had revenue of $336.30 million during the quarter, compared to the consensus estimate of $323.62 million. WNS had a net margin of 10.03% and a return on equity of 22.25%. The company's revenue was down .8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.12 EPS. On average, analysts predict that WNS will post 3.8 EPS for the current year.

Hedge Funds Weigh In On WNS

A number of institutional investors and hedge funds have recently made changes to their positions in WNS. Johnson Financial Group Inc. acquired a new stake in WNS in the 4th quarter valued at about $53,000. NBC Securities Inc. acquired a new position in WNS in the 1st quarter valued at $96,000. KBC Group NV acquired a new position in WNS in the 1st quarter valued at $109,000. Blue Trust Inc. grew its stake in shares of WNS by 65.0% during the 4th quarter. Blue Trust Inc. now owns 4,397 shares of the business services provider's stock valued at $208,000 after buying an additional 1,732 shares during the period. Finally, Ironwood Wealth Management LLC. purchased a new stake in shares of WNS during the 1st quarter valued at $209,000. 97.36% of the stock is owned by institutional investors and hedge funds.

About WNS

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.