Barrington Research Issues Positive Forecast for WNS (NYSE:WNS) Stock Price

WNS (NYSE:WNS) had its target price raised by Barrington Research from $63.00 to $75.00 in a research note issued to investors on Wednesday,Benzinga reports. The firm presently has an “outperform” rating on the business services provider’s stock. Barrington Research’s price objective would indicate a potential upside of 17.00% from the company’s previous close.

A number of other brokerages have also recently weighed in on WNS. Robert W. Baird increased their price target on WNS from $58.00 to $66.00 and gave the stock an “outperform” rating in a research report on Friday, January 24th. StockNews.com raised WNS from a “hold” rating to a “buy” rating in a research note on Friday, January 24th. Jefferies Financial Group dropped 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 lifted their target price on WNS from $65.00 to $70.00 and gave the stock a “buy” rating in a report on Tuesday, March 11th. Three investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $62.25.

WNS Stock Down 1.1 %

NYSE:WNS traded down $0.70 during mid-day trading on Wednesday, reaching $64.11. The stock had a trading volume of 15,345 shares, compared to its average volume of 510,927. The stock’s 50 day simple moving average is $58.30 and its two-hundred day simple moving average is $52.86. WNS has a 1-year low of $39.85 and a 1-year high of $65.03. The company has a market capitalization of $2.96 billion, a price-to-earnings ratio of 22.41, a price-to-earnings-growth ratio of 2.10 and a beta of 1.22. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.81 and a quick ratio of 1.81.

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

Institutional Trading of WNS

A number of hedge funds have recently modified their holdings of the business. MetLife Investment Management LLC boosted its position in WNS by 0.7% during the 4th quarter. MetLife Investment Management LLC now owns 25,575 shares of the business services provider’s stock worth $1,212,000 after acquiring an additional 187 shares during the period. Inspire Advisors LLC increased its stake in WNS by 4.0% in the 4th quarter. Inspire Advisors LLC now owns 12,836 shares of the business services provider’s stock valued at $608,000 after buying an additional 493 shares during the period. LPL Financial LLC boosted its stake in shares of WNS by 3.9% during the 4th quarter. LPL Financial LLC now owns 13,770 shares of the business services provider’s stock valued at $653,000 after buying an additional 514 shares during the period. Mount Yale Investment Advisors LLC grew its holdings in shares of WNS by 18.1% during the 4th quarter. Mount Yale Investment Advisors LLC now owns 5,261 shares of the business services provider’s stock valued at $249,000 after acquiring an additional 805 shares in the last quarter. Finally, Johnson Financial Group Inc. purchased a new stake in shares of WNS during the fourth quarter worth $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 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.