WNS (NYSE:WNS) Stock Price Up 5.6%

WNS (Holdings) Limited (NYSE:WNS) shares rose 5.6% during mid-day trading on Monday . The company traded as high as $42.69 and last traded at $42.42. Approximately 121,230 shares changed hands during mid-day trading, a decline of 70% from the average daily volume of 400,603 shares. The stock had previously closed at $40.17.

Analyst Ratings Changes

WNS has been the topic of a number of recent analyst reports. Needham & Company LLC cut their target price on WNS from $80.00 to $60.00 and set a “buy” rating on the stock in a research report on Thursday, April 25th. StockNews.com lowered WNS from a “buy” rating to a “hold” rating in a research report on Tuesday, April 2nd. TD Cowen dropped their price target on WNS from $70.00 to $64.00 and set a “buy” rating on the stock in a research report on Friday, April 26th. Deutsche Bank Aktiengesellschaft lowered WNS from a “buy” rating to a “hold” rating and dropped their price target for the company from $64.00 to $44.00 in a research report on Friday, April 26th. Finally, Citigroup dropped their price target on WNS from $80.00 to $62.00 and set a “buy” rating on the stock in a research report on Monday, April 22nd. Two investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $72.44.

WNS Trading Down 2.6 %

The company has a quick ratio of 1.82, a current ratio of 1.71 and a debt-to-equity ratio of 0.35. The company has a 50-day simple moving average of $52.08 and a two-hundred day simple moving average of $58.06.

WNS (NYSE:WNS) last issued its earnings results on Thursday, April 25th. The business services provider reported $0.96 earnings per share for the quarter, topping the consensus estimate of $0.85 by $0.11. WNS had a return on equity of 22.23% and a net margin of 10.59%. The firm had revenue of $325.90 million for the quarter, compared to analyst estimates of $322.92 million. Sell-side analysts anticipate that WNS will post 3.69 EPS for the current fiscal year.

Institutional Investors Weigh In On WNS

Several large investors have recently added to or reduced their stakes in WNS. Lindbrook Capital LLC grew its stake in shares of WNS by 33.0% in the fourth quarter. Lindbrook Capital LLC now owns 754 shares of the business services provider’s stock worth $48,000 after purchasing an additional 187 shares in the last quarter. CWM LLC grew its stake in shares of WNS by 490.6% in the fourth quarter. CWM LLC now owns 756 shares of the business services provider’s stock worth $48,000 after purchasing an additional 628 shares in the last quarter. Parallel Advisors LLC grew its stake in shares of WNS by 30.4% in the fourth quarter. Parallel Advisors LLC now owns 841 shares of the business services provider’s stock worth $53,000 after purchasing an additional 196 shares in the last quarter. GAMMA Investing LLC bought a new position in shares of WNS in the fourth quarter worth $64,000. Finally, Harbor Investment Advisory LLC grew its stake in shares of WNS by 32.0% in the first quarter. Harbor Investment Advisory LLC now owns 1,517 shares of the business services provider’s stock worth $77,000 after purchasing an additional 368 shares in the last quarter. 97.36% of the stock is owned by institutional investors and hedge funds.

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 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.