WNS (NYSE:WNS) PT Raised to $72.00 at Barrington Research

WNS (NYSE:WNS) had its price target raised by stock analysts at Barrington Research from $68.00 to $72.00 in a note issued to investors on Friday, The Fly reports. The firm presently has an “outperform” rating on the business services provider’s stock. Barrington Research’s target price indicates a potential upside of 14.54% from the company’s previous close.

Several other equities analysts have also commented on the company. Zacks Investment Research lowered Green Plains from a “hold” rating to a “strong sell” rating in a research note on Thursday, June 27th. Cantor Fitzgerald raised their price target on WNS from $63.00 to $68.00 and gave the company an “overweight” rating in a research note on Friday. Cowen raised their price target on WNS from $62.00 to $70.00 and gave the company an “outperform” rating in a research note on Friday. Finally, Wedbush restated an “outperform” rating and set a $19.00 price target on shares of Entasis Therapeutics in a research note on Tuesday, April 2nd. Seven analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. WNS has an average rating of “Buy” and an average price target of $67.86.

NYSE:WNS opened at $62.86 on Friday. WNS has a twelve month low of $39.24 and a twelve month high of $63.52. The company has a market capitalization of $3.19 billion, a P/E ratio of 27.94, a price-to-earnings-growth ratio of 2.20 and a beta of 1.05. The stock’s fifty day simple moving average is $58.76. The company has a debt-to-equity ratio of 0.06, a quick ratio of 2.07 and a current ratio of 2.07.

WNS (NYSE:WNS) last released its earnings results on Thursday, July 18th. The business services provider reported $0.72 earnings per share for the quarter, topping the consensus estimate of $0.48 by $0.24. The business had revenue of $214.60 million during the quarter, compared to the consensus estimate of $207.51 million. WNS had a return on equity of 24.35% and a net margin of 13.44%. The business’s revenue for the quarter was up 7.4% compared to the same quarter last year. During the same period last year, the company earned $0.59 earnings per share. On average, analysts forecast that WNS will post 2.3 EPS for the current fiscal year.

Institutional investors and hedge funds have recently bought and sold shares of the business. Barclays PLC grew its stake in WNS by 1,289.1% in the fourth quarter. Barclays PLC now owns 14,210 shares of the business services provider’s stock valued at $587,000 after purchasing an additional 13,187 shares during the last quarter. Eqis Capital Management Inc. grew its stake in WNS by 21.5% in the first quarter. Eqis Capital Management Inc. now owns 41,911 shares of the business services provider’s stock valued at $2,233,000 after purchasing an additional 7,418 shares during the last quarter. Pier Capital LLC grew its stake in WNS by 3.5% in the first quarter. Pier Capital LLC now owns 140,067 shares of the business services provider’s stock valued at $7,461,000 after purchasing an additional 4,765 shares during the last quarter. Financial Counselors Inc. grew its stake in WNS by 43.9% in the first quarter. Financial Counselors Inc. now owns 9,741 shares of the business services provider’s stock valued at $519,000 after purchasing an additional 2,970 shares during the last quarter. Finally, Northern Trust Corp grew its stake in WNS by 13.7% in the fourth quarter. Northern Trust Corp now owns 43,860 shares of the business services provider’s stock valued at $1,809,000 after purchasing an additional 5,297 shares during the last quarter. Institutional investors own 94.14% of the company’s stock.

About WNS

WNS (Holdings) Limited, a business process management company, together with its subsidiaries, provides data, voice, analytical, and business transformation services worldwide. It operates through two segments, WNS Global BPM and WNS Auto Claims BPM. The company offers industry-specific services to clients primarily in insurance; travel and leisure; diversified businesses, including manufacturing, retail, consumer packaged goods, media and entertainment, and telecommunication; utilities; consulting and professional services; healthcare; banking and financial services; and shipping and logistics industries.

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