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

WNS (Holdings) Limited (NYSE:WNS - Get Free Report) has earned a consensus rating of "Moderate Buy" from the eight ratings firms that are currently covering the stock, MarketBeat.com reports. Three research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $61.00.

WNS has been the subject of a number of recent analyst reports. Needham & Company LLC raised their target price on WNS from $60.00 to $65.00 and gave the company a "buy" rating in a research report on Thursday, January 23rd. StockNews.com raised WNS from a "hold" rating to a "buy" rating in a report on Friday, January 24th. Jefferies Financial Group reduced their price objective on shares of WNS from $60.00 to $55.00 and set a "buy" rating for the company in a report on Tuesday, January 21st. Finally, Robert W. Baird raised their target price 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.

WNS Stock Performance

WNS stock traded up $0.23 during mid-day trading on Friday, reaching $58.63. The company had a trading volume of 16,053 shares, compared to its average volume of 510,784. WNS has a one year low of $39.85 and a one year high of $65.03. The stock has a market capitalization of $2.80 billion, a P/E ratio of 20.51, a P/E/G ratio of 2.18 and a beta of 1.19. The company has a quick ratio of 1.62, a current ratio of 1.62 and a debt-to-equity ratio of 0.23. The stock's 50-day simple moving average is $51.60 and its two-hundred day simple moving average is $52.65.

WNS (NYSE:WNS - Get Free Report) last posted its earnings results on Thursday, January 23rd. The business services provider reported $0.89 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.04 by ($0.15). WNS had a net margin of 10.03% and a return on equity of 22.37%. Research analysts anticipate that WNS will post 3.8 EPS for the current year.

Institutional Investors Weigh In On WNS

Institutional investors and hedge funds have recently bought and sold shares of the business. MetLife Investment Management LLC raised its holdings in shares of WNS by 0.7% in the 4th quarter. MetLife Investment Management LLC now owns 25,575 shares of the business services provider's stock worth $1,212,000 after purchasing an additional 187 shares in the last quarter. BKM Wealth Management LLC grew its position in WNS by 2.8% in the third quarter. BKM Wealth Management LLC now owns 10,972 shares of the business services provider's stock worth $578,000 after buying an additional 298 shares during the last quarter. Verdence Capital Advisors LLC increased its holdings in shares of WNS by 4.2% in the third quarter. Verdence Capital Advisors LLC now owns 10,022 shares of the business services provider's stock valued at $528,000 after buying an additional 407 shares in the last quarter. Inspire Advisors LLC lifted its position in shares of WNS by 4.0% during the 4th quarter. Inspire Advisors LLC now owns 12,836 shares of the business services provider's stock valued at $608,000 after acquiring an additional 493 shares during the last quarter. Finally, LPL Financial LLC boosted its stake in shares of WNS by 3.9% during the 4th quarter. LPL Financial LLC now owns 13,770 shares of the business services provider's stock worth $653,000 after acquiring an additional 514 shares in the last quarter. 97.36% of the stock is owned by institutional investors and hedge funds.

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.