WNS (NYSE:WNS) Stock Price Expected to Rise, Robert W. Baird Analyst Says

WNS (NYSE:WNS - Get Free Report) had its price objective boosted by analysts at Robert W. Baird from $58.00 to $66.00 in a report issued on Friday,Benzinga reports. The firm currently has an "outperform" rating on the business services provider's stock. Robert W. Baird's price target indicates a potential upside of 6.57% from the company's current price.

Other research analysts also recently issued research reports about the company. TD Cowen downgraded WNS from a "buy" rating to a "hold" rating and reduced their price objective for the stock from $64.00 to $53.00 in a report on Thursday, October 17th. Deutsche Bank Aktiengesellschaft cut their price target on WNS from $55.00 to $51.00 and set a "hold" rating on the stock in a research note on Thursday, October 3rd. Barrington Research reiterated an "outperform" rating and issued a $70.00 price objective on shares of WNS in a research report on Friday, October 18th. Needham & Company LLC raised their target price on shares of WNS from $60.00 to $65.00 and gave the company a "buy" rating in a research note on Thursday. Finally, Jefferies Financial Group dropped their price target on shares of WNS from $60.00 to $55.00 and set a "buy" rating for the company in a research note on Tuesday. Four research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $61.00.

WNS Price Performance

WNS stock traded up $1.23 on Friday, reaching $61.93. The company's stock had a trading volume of 460,610 shares, compared to its average volume of 525,063. WNS has a twelve month low of $39.85 and a twelve month high of $72.40. The company has a market cap of $2.96 billion, a price-to-earnings ratio of 23.82, a PEG ratio of 2.00 and a beta of 1.16. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.62 and a current ratio of 1.62. The business's fifty day moving average price is $48.65 and its 200 day moving average price is $52.31.

WNS (NYSE:WNS - Get Free Report) last issued its quarterly earnings data on Thursday, January 23rd. The business services provider reported $0.89 EPS for the quarter, missing analysts' consensus estimates of $1.04 by ($0.15). WNS had a return on equity of 22.76% and a net margin of 9.39%. Equities analysts expect that WNS will post 3.52 earnings per share for the current fiscal year.

Hedge Funds Weigh In On WNS

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Mount Yale Investment Advisors LLC lifted its holdings in WNS by 18.1% during the fourth quarter. Mount Yale Investment Advisors LLC now owns 5,261 shares of the business services provider's stock worth $249,000 after acquiring an additional 805 shares in the last quarter. Hunter Perkins Capital Management LLC lifted its holdings in shares of WNS by 46.7% during the 4th quarter. Hunter Perkins Capital Management LLC now owns 17,125 shares of the business services provider's stock valued at $812,000 after purchasing an additional 5,455 shares in the last quarter. Blue Trust Inc. grew its position in shares of WNS by 65.0% in the 4th quarter. Blue Trust Inc. now owns 4,397 shares of the business services provider's stock valued at $208,000 after purchasing an additional 1,732 shares during the period. Janney Montgomery Scott LLC grew its position in shares of WNS by 15.2% in the 4th quarter. Janney Montgomery Scott LLC now owns 36,770 shares of the business services provider's stock valued at $1,743,000 after purchasing an additional 4,852 shares during the period. Finally, SG Americas Securities LLC increased its stake in WNS by 30.4% during the 4th quarter. SG Americas Securities LLC now owns 20,196 shares of the business services provider's stock worth $957,000 after purchasing an additional 4,705 shares in the last quarter. 97.36% of the stock is owned by institutional investors.

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.