WNS (NYSE:WNS) Hits New 52-Week High - Still a Buy?

WNS (Holdings) Limited (NYSE:WNS - Get Free Report) shares reached a new 52-week high during trading on Wednesday . The company traded as high as $70.31 and last traded at $66.45, with a volume of 2565559 shares trading hands. The stock had previously closed at $61.49.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on WNS. StockNews.com upgraded shares of WNS from a "hold" rating to a "buy" rating in a report on Friday, January 24th. Barrington Research increased their target price on WNS from $63.00 to $75.00 and gave the stock an "outperform" rating in a research note on Wednesday, March 26th. Robert W. Baird lifted their price target on WNS from $58.00 to $66.00 and gave the stock an "outperform" rating in a research report on Friday, January 24th. Needham & Company LLC increased their price objective 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. Finally, Jefferies Financial Group decreased their target price 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. Three research analysts have rated the stock with a hold rating and six have issued a buy rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $62.25.

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WNS Stock Performance

The company has a market cap of $2.89 billion, a PE ratio of 21.82, a P/E/G ratio of 2.10 and a beta of 1.22. 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 business's fifty day moving average is $60.40 and its 200-day moving average is $53.29.

WNS (NYSE:WNS - Get Free Report) last issued its quarterly earnings results on Thursday, January 23rd. The business services provider reported $0.89 earnings per share 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%. As a group, research analysts predict that WNS will post 3.8 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. Johnson Financial Group Inc. purchased a new stake in WNS in the 4th quarter worth approximately $53,000. Blue Trust Inc. increased its stake in shares of WNS by 65.0% in the fourth quarter. Blue Trust Inc. now owns 4,397 shares of the business services provider's stock worth $208,000 after purchasing an additional 1,732 shares in the last quarter. Pictet Asset Management Holding SA bought a new stake in shares of WNS during the 4th quarter valued at $213,000. Cetera Investment Advisers lifted its stake in shares of WNS by 35.0% during the 4th quarter. Cetera Investment Advisers now owns 5,134 shares of the business services provider's stock valued at $243,000 after buying an additional 1,331 shares in the last quarter. Finally, Mount Yale Investment Advisors LLC boosted its holdings in WNS by 18.1% in the 4th quarter. Mount Yale Investment Advisors LLC now owns 5,261 shares of the business services provider's stock worth $249,000 after buying an additional 805 shares during the period. 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.