WNS (Holdings) Limited (NYSE:WNS) Short Interest Update

WNS (Holdings) Limited (NYSE:WNSGet Rating) saw a large growth in short interest during the month of May. As of May 31st, there was short interest totalling 686,900 shares, a growth of 26.3% from the May 15th total of 544,000 shares. Approximately 1.6% of the company’s stock are short sold. Based on an average daily volume of 214,900 shares, the short-interest ratio is currently 3.2 days.

Hedge funds and other institutional investors have recently bought and sold shares of the business. CVA Family Office LLC bought a new position in WNS in the 4th quarter worth about $25,000. Huntington National Bank acquired a new stake in shares of WNS in the 4th quarter worth approximately $37,000. Parallel Advisors LLC lifted its stake in shares of WNS by 103.6% in the 4th quarter. Parallel Advisors LLC now owns 458 shares of the business services provider’s stock worth $40,000 after acquiring an additional 233 shares during the period. Quadrant Capital Group LLC lifted its stake in shares of WNS by 71.1% in the 4th quarter. Quadrant Capital Group LLC now owns 727 shares of the business services provider’s stock worth $64,000 after acquiring an additional 302 shares during the period. Finally, Van ECK Associates Corp acquired a new stake in shares of WNS in the 1st quarter worth approximately $69,000. Hedge funds and other institutional investors own 97.73% of the company’s stock.

WNS has been the subject of several research analyst reports. Barrington Research dropped their target price on shares of WNS from $104.00 to $97.00 in a research report on Friday, April 22nd. Cowen dropped their target price on shares of WNS from $100.00 to $98.00 and set an “outperform” rating for the company in a research report on Friday, April 22nd. Cowen dropped their target price on shares of WNS from $100.00 to $98.00 and set an “outperform” rating for the company in a research report on Friday, April 22nd. Finally, StockNews.com started coverage on shares of WNS in a research report on Thursday, March 31st. They set a “buy” rating for the company. Eight equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of $99.83.

Shares of NYSE:WNS opened at $68.48 on Friday. The company has a quick ratio of 2.46, a current ratio of 2.46 and a debt-to-equity ratio of 0.19. WNS has a fifty-two week low of $67.07 and a fifty-two week high of $91.48. The firm has a 50-day simple moving average of $76.04 and a 200 day simple moving average of $82.31. The company has a market cap of $3.35 billion, a PE ratio of 26.34, a P/E/G ratio of 1.90 and a beta of 1.36.

WNS (NYSE:WNSGet Rating) last posted its earnings results on Thursday, April 21st. The business services provider reported $0.80 EPS for the quarter, topping the consensus estimate of $0.69 by $0.11. WNS had a net margin of 11.90% and a return on equity of 20.26%. The firm had revenue of $275.00 million during the quarter, compared to analysts’ expectations of $265.54 million. During the same quarter in the prior year, the firm earned $0.57 EPS. WNS’s quarterly revenue was up 20.5% on a year-over-year basis. As a group, research analysts forecast that WNS will post 2.97 EPS for the current fiscal year.

WNS Company Profile (Get Rating)

WNS (Holdings) Limited, a business process management (BPM) company, provides data, voice, analytical, and business transformation services worldwide. The company operates through two segments, WNS Global BPM and WNS Auto Claims BPM. It offers industry-specific services to clients primarily in insurance; diversified businesses, including manufacturing, retail, consumer packaged goods, media and entertainment, and telecommunication; travel and leisure; healthcare; utilities; shipping and logistics; consulting and professional services; and banking and financial services.

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