WNS (WNS) to Release Earnings on Thursday

WNS (NYSE:WNS) is scheduled to be announcing its earnings results before the market opens on Thursday, April 25th. Analysts expect WNS to post earnings of $1.06 per share for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.

WNS (NYSE:WNS) last issued its quarterly 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 business had revenue of $315.90 million for the quarter, compared to analyst estimates of $313.21 million. On average, analysts expect WNS to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

WNS Trading Down 3.0 %

NYSE:WNS opened at $45.96 on Thursday. The company has a market capitalization of $2.20 billion, a P/E ratio of 13.97 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. WNS has a 12 month low of $45.44 and a 12 month high of $92.35. The firm has a fifty day simple moving average of $54.54 and a 200-day simple moving average of $59.62.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on WNS. Barrington Research reissued an “outperform” rating and issued a $72.00 price objective on shares of WNS in a report on Monday. StockNews.com lowered shares of WNS from a “buy” rating to a “hold” rating in a research report on Tuesday, April 2nd. Needham & Company LLC reaffirmed a “buy” rating and issued a $80.00 price objective on shares of WNS in a report on Friday, March 1st. Finally, Citigroup boosted their target price on shares of WNS from $73.00 to $76.00 and gave the company a “buy” rating in a research report on Wednesday, January 17th. One research analyst has rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $85.88.

Institutional Trading of WNS

Hedge funds have recently added to or reduced their stakes in the company. Ameriprise Financial Inc. raised its position in shares of WNS by 802.5% in the first quarter. Ameriprise Financial Inc. now owns 375,120 shares of the business services provider’s stock worth $34,950,000 after acquiring an additional 333,555 shares during the period. Millennium Management LLC raised its holdings in WNS by 2,047.7% in the 4th quarter. Millennium Management LLC now owns 137,497 shares of the business services provider’s stock worth $10,998,000 after purchasing an additional 131,095 shares during the period. JPMorgan Chase & Co. boosted its position in WNS by 11.4% during the first quarter. JPMorgan Chase & Co. now owns 903,707 shares of the business services provider’s stock worth $84,199,000 after purchasing an additional 92,630 shares in the last quarter. BlackRock Inc. grew its holdings in WNS by 118.0% in the third quarter. BlackRock Inc. now owns 143,888 shares of the business services provider’s stock valued at $11,775,000 after purchasing an additional 77,871 shares during the period. Finally, UBS Group AG increased its position in shares of WNS by 1,072.1% in the fourth quarter. UBS Group AG now owns 75,707 shares of the business services provider’s stock valued at $4,785,000 after buying an additional 69,248 shares in the last quarter. 97.36% of the stock is owned by hedge funds and other institutional investors.

About WNS

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.