WNS (NYSE:WNS) Earns Outperform Rating from Barrington Research

Barrington Research reissued their outperform rating on shares of WNS (NYSE:WNS) in a research note released on Monday, Benzinga reports. Barrington Research currently has a $72.00 price target on the business services provider’s stock.

A number of other research analysts have also weighed in on WNS. 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 research report on Friday, March 1st. Finally, Citigroup lifted their price objective on shares of WNS from $73.00 to $76.00 and gave the stock a buy rating in a research report on Wednesday, January 17th. One equities research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of Moderate Buy and a consensus target price of $85.88.

WNS Stock Up 1.1 %

WNS opened at $46.49 on Monday. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.82 and a quick ratio of 1.82. The company’s 50-day moving average is $54.31 and its 200 day moving average is $59.53. WNS has a fifty-two week low of $45.09 and a fifty-two week high of $92.35. The firm has a market capitalization of $2.22 billion, a P/E ratio of 14.13 and a beta of 1.04.

WNS (NYSE:WNS) last released its quarterly earnings results on Thursday, January 18th. The business services provider reported $0.98 earnings per share 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 analyst estimates of $313.21 million. Research analysts expect that WNS will post 3.44 earnings per share for the current fiscal year.

Hedge Funds Weigh In On WNS

Large investors have recently modified their holdings of the business. 1832 Asset Management L.P. purchased a new position in shares of WNS in the fourth quarter worth about $40,000. Lindbrook Capital LLC grew its stake in WNS by 33.0% during the fourth 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 in the last quarter. CWM LLC grew its stake in WNS by 490.6% during the fourth quarter. CWM LLC now owns 756 shares of the business services provider’s stock valued at $48,000 after acquiring an additional 628 shares in the last quarter. Parallel Advisors LLC grew its stake in WNS by 30.4% during the fourth quarter. Parallel Advisors LLC now owns 841 shares of the business services provider’s stock valued at $53,000 after acquiring an additional 196 shares in the last quarter. Finally, SRS Capital Advisors Inc. purchased a new position in WNS during the first quarter valued at approximately $53,000. Hedge funds and other institutional investors own 97.36% of the company’s stock.

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.