WNS (Holdings) Limited (NYSE:WNS) – Investment analysts at SunTrust Banks lifted their Q1 2019 earnings estimates for shares of WNS (Holdings) Limited in a report issued on Sunday. SunTrust Banks analyst F. Atkins now expects that the business services provider will post earnings per share of $0.44 for the quarter, up from their prior forecast of $0.43. SunTrust Banks has a “Buy” rating and a $41.00 price objective on the stock. SunTrust Banks also issued estimates for WNS (Holdings) Limited’s Q2 2019 earnings at $0.49 EPS and Q3 2019 earnings at $0.49 EPS.

WNS (Holdings) Limited (NYSE:WNS) last released its quarterly earnings results on Friday, October 27th. The business services provider reported $0.53 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.49 by $0.04. The firm had revenue of $182.30 million for the quarter, compared to analyst estimates of $175.36 million. WNS (Holdings) Limited had a net margin of 7.24% and a return on equity of 19.23%. The business’s revenue for the quarter was up 26.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.42 EPS.

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Several other research analysts also recently weighed in on the stock. Barrington Research lifted their target price on shares of WNS (Holdings) Limited from $38.00 to $40.00 and gave the stock an “outperform” rating in a research report on Friday, July 21st. Bank of America Corporation lifted their target price on shares of WNS (Holdings) Limited from $37.00 to $38.00 and gave the stock a “buy” rating in a research report on Friday, July 21st. Cowen and Company reissued a “buy” rating and issued a $39.00 target price on shares of WNS (Holdings) Limited in a research report on Friday, July 21st. Zacks Investment Research downgraded shares of WNS (Holdings) Limited from a “hold” rating to a “sell” rating in a research report on Friday, July 28th. Finally, Citigroup Inc. lifted their target price on shares of WNS (Holdings) Limited from $38.00 to $40.00 and gave the stock a “buy” rating in a research report on Friday, July 21st. Thirteen analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of $42.33.

WNS (WNS) traded up $0.76 during mid-day trading on Wednesday, hitting $39.36. 269,692 shares of the stock traded hands, compared to its average volume of 154,241. The stock has a market capitalization of $1,978.99, a PE ratio of 24.94 and a beta of 1.00.

Several hedge funds have recently bought and sold shares of the stock. Tygh Capital Management Inc. boosted its holdings in shares of WNS (Holdings) Limited by 33.8% during the third quarter. Tygh Capital Management Inc. now owns 181,912 shares of the business services provider’s stock worth $6,640,000 after purchasing an additional 45,942 shares during the period. BT Investment Management Ltd acquired a new stake in shares of WNS (Holdings) Limited during the third quarter worth approximately $287,000. OLD National Bancorp IN acquired a new stake in shares of WNS (Holdings) Limited during the third quarter worth approximately $202,000. First Trust Advisors LP boosted its holdings in shares of WNS (Holdings) Limited by 17.0% during the third quarter. First Trust Advisors LP now owns 271,371 shares of the business services provider’s stock worth $9,905,000 after purchasing an additional 39,522 shares during the period. Finally, Eqis Capital Management Inc. lifted its stake in WNS (Holdings) Limited by 22.1% in the third quarter. Eqis Capital Management Inc. now owns 25,308 shares of the business services provider’s stock valued at $924,000 after acquiring an additional 4,586 shares during the last quarter. Institutional investors and hedge funds 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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