Brokerages Set WNS (Holdings) Limited (NYSE:WNS) Price Target at $62.25

WNS (Holdings) Limited (NYSE:WNS - Get Free Report) has been assigned an average rating of "Moderate Buy" from the eight analysts that are presently covering the firm, MarketBeat Ratings reports. Three analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $62.25.

A number of equities research analysts have recently commented on WNS shares. Needham & Company LLC raised their price objective on shares of WNS from $65.00 to $70.00 and gave the stock a "buy" rating in a research note on Tuesday, March 11th. StockNews.com upgraded shares of WNS from a "hold" rating to a "buy" rating in a research report on Friday, January 24th. Robert W. Baird upped their price objective on shares of WNS from $58.00 to $66.00 and gave the stock an "outperform" rating in a research report on Friday, January 24th. Barrington Research raised their target price on WNS from $63.00 to $75.00 and gave the company an "outperform" rating in a research report on Wednesday, March 26th. Finally, Jefferies Financial Group reduced their price target on WNS from $60.00 to $55.00 and set a "buy" rating for the company in a report on Tuesday, January 21st.

WNS Stock Performance

Shares of WNS stock traded down $1.39 during trading on Friday, hitting $64.56. 1,766,303 shares of the company's stock were exchanged, compared to its average volume of 548,291. WNS has a 52-week low of $39.85 and a 52-week high of $72.11. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.81 and a current ratio of 1.81. The stock has a market capitalization of $2.98 billion, a price-to-earnings ratio of 22.57, a PEG ratio of 2.10 and a beta of 0.96. The business has a 50-day simple moving average of $60.50 and a 200-day simple moving average of $53.65.

WNS (NYSE:WNS - Get Free Report) last issued its quarterly earnings data 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 net margin of 10.03% and a return on equity of 22.25%. On average, research analysts forecast that WNS will post 3.8 EPS for the current year.

Institutional Investors Weigh In On WNS

Several large investors have recently bought and sold shares of WNS. Hhlr Advisors LTD. acquired a new stake in shares of WNS in the fourth quarter worth approximately $72,576,000. Thrivent Financial for Lutherans raised its position in shares of WNS by 26.7% in the fourth quarter. Thrivent Financial for Lutherans now owns 1,483,569 shares of the business services provider's stock valued at $70,307,000 after buying an additional 312,519 shares during the last quarter. Mesirow Institutional Investment Management Inc. purchased a new position in shares of WNS in the fourth quarter worth about $14,181,000. State Street Corp boosted its position in WNS by 40.5% during the third quarter. State Street Corp now owns 743,343 shares of the business services provider's stock worth $39,182,000 after acquiring an additional 214,417 shares during the last quarter. Finally, Voloridge Investment Management LLC purchased a new stake in WNS during the 4th quarter valued at about $7,813,000. 97.36% of the stock is currently owned by hedge funds and other institutional investors.

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.