WNS (NYSE:WNS) Receives New Coverage from Analysts at StockNews.com

StockNews.com started coverage on shares of WNS (NYSE:WNS – Get Rating) in a research note issued to investors on Thursday. The brokerage set a “buy” rating on the business services provider’s stock.

Several other research analysts have also weighed in on the company. Cowen increased their price objective on WNS from $96.00 to $100.00 in a research report on Wednesday, December 7th. Wedbush increased their price objective on WNS from $95.00 to $120.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 8th. Cowen increased their price objective on WNS from $96.00 to $100.00 in a research report on Wednesday, December 7th. Robert W. Baird upped their price target on WNS from $88.00 to $90.00 and gave the stock a “neutral” rating in a research note on Friday, January 20th. Finally, JPMorgan Chase & Co. decreased their price target on WNS from $109.00 to $102.00 in a research note on Thursday, December 15th. One investment analyst has rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $100.00.

WNS Price Performance

WNS stock opened at $89.49 on Thursday. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.64 and a quick ratio of 1.64. The business has a 50 day simple moving average of $86.56 and a 200-day simple moving average of $83.99. The firm has a market capitalization of $4.31 billion, a PE ratio of 32.42, a price-to-earnings-growth ratio of 2.32 and a beta of 1.17. WNS has a 1 year low of $67.07 and a 1 year high of $92.87.

WNS (NYSE:WNS – Get Rating) last posted its quarterly earnings results on Thursday, January 19th. The business services provider reported $0.83 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.80 by $0.03. The business had revenue of $292.90 million during the quarter, compared to analyst estimates of $290.95 million. WNS had a return on equity of 21.54% and a net margin of 11.58%. Equities research analysts anticipate that WNS will post 3.05 earnings per share for the current fiscal year.

Institutional Trading of WNS

Hedge funds have recently modified their holdings of the stock. Assetmark Inc. raised its stake in shares of WNS by 307.1% in the third quarter. Assetmark Inc. now owns 342 shares of the business services provider’s stock valued at $28,000 after acquiring an additional 258 shares in the last quarter. 1832 Asset Management L.P. acquired a new stake in shares of WNS in the fourth quarter valued at $40,000. Pathstone Family Office LLC acquired a new stake in shares of WNS in the fourth quarter valued at $261,000. Quadrant Capital Group LLC raised its stake in WNS by 16.8% in the second quarter. Quadrant Capital Group LLC now owns 1,296 shares of the business services provider’s stock valued at $97,000 after buying an additional 186 shares in the last quarter. Finally, Financial Gravity Asset Management Inc. raised its stake in WNS by 381.1% in the third quarter. Financial Gravity Asset Management Inc. now owns 1,804 shares of the business services provider’s stock valued at $4,357,000 after buying an additional 1,429 shares in the last quarter. 97.03% of the stock is currently owned by institutional investors and hedge funds.

About WNS

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WNS (Holdings) Ltd. engages in the provision of business process management solutions. Its services include industry-specific offerings, customer interaction, finance and accounting, human resources, procurement, and research and analytics. It operates through the WNS Global BPM and WNS Auto Claims BPM segments.