WNS (Holdings) Limited (NYSE:WNS)‘s stock had its “buy” rating reaffirmed by stock analysts at SunTrust Banks, Inc. in a report released on Monday. They presently have a $41.00 target price on the business services provider’s stock. SunTrust Banks, Inc.’s target price suggests a potential upside of 10.24% from the company’s previous close.
A number of other brokerages have also commented on WNS. Zacks Investment Research lowered WNS (Holdings) Limited from a “hold” rating to a “sell” rating in a research note on Wednesday, September 20th. BidaskClub upgraded WNS (Holdings) Limited from a “hold” rating to a “buy” rating in a research note on Tuesday, August 22nd. Robert W. Baird restated a “buy” rating on shares of WNS (Holdings) Limited in a research note on Friday, August 25th. Wedbush initiated coverage on WNS (Holdings) Limited in a research note on Thursday, August 3rd. They set an “outperform” rating and a $42.00 price objective for the company. Finally, Citigroup Inc. increased their price objective on WNS (Holdings) Limited from $38.00 to $40.00 and gave the stock a “buy” rating in a research note on Friday, July 21st. One equities research analyst has rated the stock with a sell rating and eleven have issued a buy rating to the stock. WNS (Holdings) Limited presently has a consensus rating of “Buy” and a consensus target price of $39.00.
WNS (NYSE:WNS) opened at 37.19 on Monday. The firm has a market cap of $1.88 billion, a P/E ratio of 46.55 and a beta of 0.98. The firm has a 50-day moving average of $36.01 and a 200-day moving average of $33.50. WNS has a 12-month low of $24.82 and a 12-month high of $37.52.
WNS (Holdings) Limited (NYSE:WNS) last issued its earnings results on Thursday, July 20th. The business services provider reported $0.45 EPS for the quarter, meeting analysts’ consensus estimates of $0.45. The business had revenue of $175.30 million during the quarter, compared to analyst estimates of $162.73 million. WNS (Holdings) Limited had a return on equity of 18.73% and a net margin of 6.66%. WNS (Holdings) Limited’s revenue was up 18.4% on a year-over-year basis. During the same period in the prior year, the company posted $0.45 earnings per share. On average, analysts expect that WNS will post $1.99 EPS for the current year.
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A number of institutional investors have recently added to or reduced their stakes in WNS. 1st Global Advisors Inc. acquired a new position in WNS (Holdings) Limited during the second quarter worth $223,000. PNC Financial Services Group Inc. raised its stake in WNS (Holdings) Limited by 28.0% during the first quarter. PNC Financial Services Group Inc. now owns 7,860 shares of the business services provider’s stock worth $224,000 after acquiring an additional 1,720 shares in the last quarter. Financial Counselors Inc. acquired a new position in WNS (Holdings) Limited during the second quarter worth $236,000. LaSalle Street Capital Management LLC acquired a new position in WNS (Holdings) Limited during the second quarter worth $246,000. Finally, Dynamic Technology Lab Private Ltd acquired a new position in WNS (Holdings) Limited during the first quarter worth $292,000. Hedge funds and other institutional investors own 86.23% of the company’s stock.
About WNS (Holdings) Limited
WNS (Holdings) Limited is a global provider of business process management (BPM) services. The Company offers data, voice, analytical and business transformation services. The Company’s segments include WNS Global BPM and WNS Auto Claims BPM. Its operating segments include travel, insurance, banking and financial services, healthcare, utilities, retail and consumer products groups, auto claims and others.
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