WNS (NYSE:WNS) Stock Price Up 6.4% – What’s Next?

WNS (Holdings) Limited (NYSE:WNS) traded up 6.4% during mid-day trading on Tuesday . The company traded as high as $63.60 and last traded at $65.40. 306,655 shares changed hands during trading, a decline of 41% from the average session volume of 517,685 shares. The stock had previously closed at $61.49.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the stock. Barrington Research upped their price objective on shares of WNS from $63.00 to $75.00 and gave the company an “outperform” rating in a research note on Wednesday, March 26th. Robert W. Baird lifted their price objective on WNS from $58.00 to $66.00 and gave the stock an “outperform” rating in a report on Friday, January 24th. StockNews.com raised shares of WNS from a “hold” rating to a “buy” rating in a research report on Friday, January 24th. Jefferies Financial Group reduced their price objective on WNS from $60.00 to $55.00 and set a “buy” rating on the stock in a research note on Tuesday, January 21st. Finally, Needham & Company LLC raised their target price on shares of WNS from $65.00 to $70.00 and gave the stock a “buy” rating in a report on Tuesday, March 11th. Three research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat.com, WNS presently has a consensus rating of “Moderate Buy” and an average target price of $62.25.

WNS Stock Down 3.0 %

The stock has a market cap of $2.98 billion, a P/E ratio of 22.57, a P/E/G ratio of 2.10 and a beta of 1.22. The firm has a 50 day simple moving average of $60.33 and a two-hundred day simple moving average of $53.21. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.81 and a current ratio of 1.81.

WNS (NYSE:WNS) last announced its earnings results on Thursday, January 23rd. The business services provider reported $0.89 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.04 by ($0.15). WNS had a net margin of 10.03% and a return on equity of 22.25%. Equities research analysts predict that WNS will post 3.8 earnings per share for the current year.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Hhlr Advisors LTD. bought a new position in shares of WNS during the 4th quarter valued at about $72,576,000. Thrivent Financial for Lutherans boosted its holdings in WNS by 26.7% during the fourth quarter. Thrivent Financial for Lutherans now owns 1,483,569 shares of the business services provider’s stock worth $70,307,000 after buying an additional 312,519 shares in the last quarter. William Blair Investment Management LLC boosted its holdings in WNS by 5.0% during the fourth quarter. William Blair Investment Management LLC now owns 1,112,743 shares of the business services provider’s stock worth $52,733,000 after buying an additional 53,433 shares in the last quarter. State Street Corp grew its position in WNS by 40.5% in the third quarter. State Street Corp now owns 743,343 shares of the business services provider’s stock worth $39,182,000 after buying an additional 214,417 shares during the last quarter. Finally, Nuveen Asset Management LLC increased its holdings in shares of WNS by 9.9% in the fourth quarter. Nuveen Asset Management LLC now owns 605,951 shares of the business services provider’s stock valued at $28,716,000 after buying an additional 54,781 shares in the last quarter. Institutional investors own 97.36% of the company’s stock.

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 TSLU, MRHP, HCLS, and BFSI segments. It engages in diversified business, including manufacturing, retail, consumer packaged goods, media and entertainment, and telecommunication; travel and leisure, utilities, shipping, and logistics; healthcare and life sciences; banking, financial services, and insurance; and Hi-tech and professional services, as well as procurement.