Shares of WNS (Holdings) Ltd. (NYSE:WNS) have received an average recommendation of “Buy” from the thirteen brokerages that are currently covering the firm. One investment analyst has rated the stock with a hold rating and twelve have given a buy rating to the company. The average 12 month target price among brokerages that have covered the stock in the last year is $35.83.
WNS has been the topic of several research reports. Zacks Investment Research upgraded WNS (Holdings) from a “sell” rating to a “hold” rating in a research note on Friday, September 9th. Robert W. Baird upgraded WNS (Holdings) from a “neutral” rating to an “outperform” rating and set a $35.00 target price on the stock in a research note on Tuesday, July 5th. Cowen and Company began coverage on WNS (Holdings) in a research report on Wednesday, July 20th. They issued a “market perform” rating for the company. SunTrust Banks Inc. upgraded WNS (Holdings) from a “neutral” rating to a “buy” rating and lifted their price target for the company from $31.00 to $36.00 in a research report on Tuesday, August 9th. Finally, JPMorgan Chase & Co. reiterated a “buy” rating and issued a $32.00 price target on shares of WNS (Holdings) in a research report on Monday, July 18th.
Institutional investors have recently bought and sold shares of the company. Huntington National Bank purchased a new position in WNS (Holdings) during the second quarter worth about $135,000. First Mercantile Trust Co. boosted its position in WNS (Holdings) by 6.6% in the third quarter. First Mercantile Trust Co. now owns 4,690 shares of the company’s stock worth $140,000 after buying an additional 290 shares during the last quarter. 1st Global Advisors Inc. boosted its position in WNS (Holdings) by 3.2% in the second quarter. 1st Global Advisors Inc. now owns 8,582 shares of the company’s stock worth $232,000 after buying an additional 265 shares during the last quarter. Stevens Capital Management LP purchased a new position in WNS (Holdings) during the second quarter worth about $247,000. Finally, Lazard Asset Management LLC boosted its position in WNS (Holdings) by 86.0% in the first quarter. Lazard Asset Management LLC now owns 8,529 shares of the company’s stock worth $261,000 after buying an additional 3,943 shares during the last quarter. Institutional investors and hedge funds own 88.06% of the company’s stock.
WNS (NYSE:WNS) opened at 27.52 on Thursday. WNS has a 52-week low of $25.01 and a 52-week high of $34.37. The firm has a 50-day moving average price of $29.55 and a 200 day moving average price of $29.64. The company has a market capitalization of $1.40 billion, a P/E ratio of 24.79 and a beta of 0.85.
WNS (Holdings) (NYSE:WNS) last issued its earnings results on Thursday, July 14th. The company reported $0.45 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.44 by $0.01. The firm had revenue of $148 million for the quarter, compared to analyst estimates of $135.19 million. WNS (Holdings) had a return on equity of 21.83% and a net margin of 10.30%. The business’s revenue was up 10.4% on a year-over-year basis. During the same period in the previous year, the company posted $0.42 earnings per share. On average, analysts predict that WNS will post $1.86 earnings per share for the current fiscal year.