WNS (NYSE:WNS) Rating Reiterated by Barrington Research

WNS (NYSE:WNS)‘s stock had its “outperform” rating reaffirmed by research analysts at Barrington Research in a research note issued to investors on Monday, Benzinga reports. They currently have a $72.00 price objective on the business services provider’s stock. Barrington Research’s price target would indicate a potential upside of 51.96% from the company’s previous close.

A number of other equities analysts have also recently commented on WNS. StockNews.com cut shares of WNS from a “buy” rating to a “hold” rating in a research report on Tuesday, April 2nd. Citigroup upped their target price on WNS from $73.00 to $76.00 and gave the company a “buy” rating in a research report on Wednesday, January 17th. Finally, Needham & Company LLC reissued a “buy” rating and set a $80.00 price target on shares of WNS in a report on Friday, March 1st. One analyst has rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $85.88.

WNS Price Performance

Shares of WNS opened at $47.38 on Monday. The company has a market cap of $2.27 billion, a price-to-earnings ratio of 14.40 and a beta of 1.04. The company has a current ratio of 1.82, a quick ratio of 1.82 and a debt-to-equity ratio of 0.14. The company’s fifty day simple moving average is $54.80 and its 200 day simple moving average is $59.72. WNS has a 1-year low of $46.75 and a 1-year high of $92.35.

WNS (NYSE:WNS) last issued its earnings results on Thursday, January 18th. The business services provider reported $0.98 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.80 by $0.18. WNS had a net margin of 12.59% and a return on equity of 21.71%. The company had revenue of $315.90 million for the quarter, compared to analysts’ expectations of $313.21 million. On average, research analysts forecast that WNS will post 3.44 earnings per share for the current fiscal year.

Institutional Trading of WNS

Institutional investors have recently modified their holdings of the stock. 1832 Asset Management L.P. bought a new position in WNS in the 4th quarter valued at approximately $40,000. Lindbrook Capital LLC lifted its stake in shares of WNS by 33.0% in the 4th quarter. Lindbrook Capital LLC now owns 754 shares of the business services provider’s stock valued at $48,000 after acquiring an additional 187 shares during the last quarter. CWM LLC grew its position in WNS by 490.6% during the 4th quarter. CWM LLC now owns 756 shares of the business services provider’s stock worth $48,000 after acquiring an additional 628 shares during the last quarter. Parallel Advisors LLC increased its holdings in WNS by 30.4% in the 4th quarter. Parallel Advisors LLC now owns 841 shares of the business services provider’s stock worth $53,000 after purchasing an additional 196 shares in the last quarter. Finally, SRS Capital Advisors Inc. bought a new position in WNS in the first quarter valued at about $53,000. 97.36% of the stock is currently owned by institutional investors.

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 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; Hi-tech and professional services; and banking and financial services.