Analysts Set WNS (Holdings) Limited (NYSE:WNS) Target Price at $100.00

WNS (Holdings) Limited (NYSE:WNS – Get Rating) has received a consensus recommendation of “Moderate Buy” from the eight brokerages that are covering the stock, MarketBeat reports. One analyst has rated the stock with a hold rating and three have assigned a buy rating to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $100.00.

A number of brokerages have recently commented on WNS. Cowen increased their price objective on WNS from $96.00 to $100.00 in a report on Wednesday, December 7th. Wedbush lifted their price target on shares of WNS from $95.00 to $120.00 and gave the company an “outperform” rating in a research report on Wednesday, March 8th. Cowen upped their price objective on shares of WNS from $96.00 to $100.00 in a report on Wednesday, December 7th. JPMorgan Chase & Co. lowered their target price on shares of WNS from $109.00 to $102.00 in a research note on Thursday, December 15th. Finally, Robert W. Baird boosted their target price on shares of WNS from $88.00 to $90.00 and gave the stock a “neutral” rating in a research report on Friday, January 20th.

Hedge Funds Weigh In On WNS

A number of institutional investors and hedge funds have recently bought and sold shares of WNS. JPMorgan Chase & Co. grew its position in WNS by 104.6% in the 4th quarter. JPMorgan Chase & Co. now owns 811,077 shares of the business services provider’s stock worth $64,879,000 after purchasing an additional 414,613 shares during the last quarter. DF Dent & Co. Inc. increased its stake in WNS by 77.1% during the second quarter. DF Dent & Co. Inc. now owns 696,856 shares of the business services provider’s stock valued at $52,013,000 after acquiring an additional 303,288 shares during the period. Victory Capital Management Inc. raised its holdings in WNS by 34.4% in the 3rd quarter. Victory Capital Management Inc. now owns 1,138,475 shares of the business services provider’s stock valued at $93,173,000 after acquiring an additional 291,701 shares in the last quarter. Sei Investments Co. raised its holdings in WNS by 244.0% in the 2nd quarter. Sei Investments Co. now owns 310,748 shares of the business services provider’s stock valued at $23,193,000 after acquiring an additional 220,426 shares in the last quarter. Finally, Vaughan Nelson Investment Management L.P. lifted its position in shares of WNS by 26.7% in the 3rd quarter. Vaughan Nelson Investment Management L.P. now owns 723,021 shares of the business services provider’s stock worth $59,173,000 after acquiring an additional 152,405 shares during the period. Institutional investors own 97.03% of the company’s stock.

WNS Stock Down 0.7 %

Shares of WNS stock opened at $89.97 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 firm has a market cap of $4.33 billion, a price-to-earnings ratio of 32.60, a P/E/G ratio of 2.31 and a beta of 1.17. WNS has a 52-week low of $67.07 and a 52-week high of $92.87. The stock has a 50-day simple moving average of $86.95 and a 200-day simple moving average of $84.06.

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

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.