WNS (Holdings) Limited (WNS) Earns Buy Rating from Cantor Fitzgerald

Cantor Fitzgerald reaffirmed their buy rating on shares of WNS (Holdings) Limited (NYSE:WNS) in a research report sent to investors on Friday morning. They currently have a $38.00 target price on the business services provider’s stock.

A number of other research analysts have also recently commented on the stock. Barrington Research increased their price target on shares of WNS (Holdings) Limited from $38.00 to $40.00 and gave the company an outperform rating in a research report on Friday, July 21st. Bank of America Corporation increased their price target on shares of WNS (Holdings) Limited from $37.00 to $38.00 and gave the company a buy rating in a research report on Friday, July 21st. Cowen and Company reiterated a buy rating and set a $39.00 price target on shares of WNS (Holdings) Limited in a research report on Friday, July 21st. Zacks Investment Research cut shares of WNS (Holdings) Limited from a hold rating to a sell rating in a research report on Friday, July 28th. Finally, Citigroup Inc. increased their price target on shares of WNS (Holdings) Limited from $38.00 to $40.00 and gave the company a buy rating in a research report on Friday, July 21st. One analyst has rated the stock with a sell rating, twelve have given a buy rating and one has issued a strong buy rating to the stock. The company has a consensus rating of Buy and an average target price of $42.36.

Shares of WNS (NYSE:WNS) opened at 37.58 on Friday. WNS has a 12-month low of $24.82 and a 12-month high of $38.30. The firm’s 50-day moving average is $36.85 and its 200-day moving average is $34.40. The company has a market capitalization of $1.90 billion, a price-to-earnings ratio of 47.03 and a beta of 0.98.

WNS (Holdings) Limited (NYSE:WNS) last issued its quarterly earnings results on Friday, October 27th. The business services provider reported $0.53 EPS for the quarter, beating analysts’ consensus estimates of $0.49 by $0.04. WNS (Holdings) Limited had a net margin of 7.24% and a return on equity of 19.38%. The business had revenue of $182.30 million for the quarter, compared to analysts’ expectations of $175.36 million. During the same period last year, the business earned $0.42 earnings per share. The business’s quarterly revenue was up 26.9% on a year-over-year basis. On average, equities analysts predict that WNS will post $1.99 EPS for the current year.

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Institutional investors have recently modified their holdings of the company. Mitra Capital LLC bought a new position in shares of WNS (Holdings) Limited in the second quarter worth approximately $2,178,000. Timpani Capital Management LLC bought a new position in shares of WNS (Holdings) Limited in the second quarter worth approximately $1,237,000. Pembroke Management LTD grew its holdings in shares of WNS (Holdings) Limited by 5.6% in the second quarter. Pembroke Management LTD now owns 742,797 shares of the business services provider’s stock worth $25,522,000 after purchasing an additional 39,100 shares during the last quarter. Summit Global Investments grew its holdings in shares of WNS (Holdings) Limited by 31.7% in the second quarter. Summit Global Investments now owns 15,800 shares of the business services provider’s stock worth $543,000 after purchasing an additional 3,800 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its holdings in shares of WNS (Holdings) Limited by 5.9% in the second quarter. Ameriprise Financial Inc. now owns 232,411 shares of the business services provider’s stock worth $7,986,000 after purchasing an additional 12,910 shares during the last quarter. Hedge funds and other institutional investors own 85.72% of the company’s stock.

WNS (Holdings) Limited Company Profile

WNS (Holdings) Limited is a global provider of business process management (BPM) services. The Company offers data, voice, analytical and business transformation services. The Company’s segments include WNS Global BPM and WNS Auto Claims BPM. Its operating segments include travel, insurance, banking and financial services, healthcare, utilities, retail and consumer products groups, auto claims and others.

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