WNS (Holdings) Limited (WNS) Expected to Announce Earnings of $0.61 Per Share

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Wall Street analysts expect WNS (Holdings) Limited (NYSE:WNS) to post earnings of $0.61 per share for the current fiscal quarter, according to Zacks Investment Research. Eight analysts have issued estimates for WNS’s earnings. The lowest EPS estimate is $0.59 and the highest is $0.62. WNS posted earnings of $0.66 per share during the same quarter last year, which suggests a negative year over year growth rate of 7.6%. The firm is scheduled to announce its next earnings results on Thursday, January 17th.

According to Zacks, analysts expect that WNS will report full-year earnings of $2.49 per share for the current fiscal year, with EPS estimates ranging from $2.39 to $2.52. For the next fiscal year, analysts expect that the company will post earnings of $2.67 per share, with EPS estimates ranging from $2.60 to $2.74. Zacks’ earnings per share averages are an average based on a survey of sell-side research firms that follow WNS.

Several brokerages have recently weighed in on WNS. Zacks Investment Research lowered shares of WNS from a “buy” rating to a “hold” rating in a report on Thursday, July 26th. Loop Capital increased their price objective on shares of WNS to $60.00 and gave the stock a “buy” rating in a report on Friday, July 20th. Cantor Fitzgerald reiterated a “buy” rating and set a $56.00 price objective on shares of WNS in a report on Thursday, October 25th. Citigroup increased their price objective on shares of WNS from $56.00 to $57.00 and gave the stock a “buy” rating in a report on Friday, July 20th. Finally, Barrington Research set a $57.00 price objective on shares of WNS and gave the stock a “buy” rating in a report on Tuesday, July 17th. Two analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company. WNS presently has an average rating of “Buy” and a consensus price target of $55.56.

A number of hedge funds and other institutional investors have recently bought and sold shares of WNS. Acadian Asset Management LLC purchased a new position in WNS in the second quarter valued at approximately $96,147,000. Wells Fargo & Company MN raised its holdings in WNS by 187.7% in the second quarter. Wells Fargo & Company MN now owns 842,499 shares of the business services provider’s stock valued at $43,962,000 after buying an additional 549,655 shares during the period. Janus Henderson Group PLC purchased a new position in WNS in the second quarter valued at approximately $20,859,000. FMR LLC raised its holdings in WNS by 8.7% in the second quarter. FMR LLC now owns 4,719,745 shares of the business services provider’s stock valued at $246,276,000 after buying an additional 377,342 shares during the period. Finally, BlackRock Inc. raised its holdings in WNS by 131.1% in the first quarter. BlackRock Inc. now owns 590,494 shares of the business services provider’s stock valued at $26,767,000 after buying an additional 335,001 shares during the period. Hedge funds and other institutional investors own 86.65% of the company’s stock.

Shares of WNS stock traded up $1.06 during trading hours on Wednesday, hitting $50.25. 151,300 shares of the company were exchanged, compared to its average volume of 198,843. The firm has a market cap of $2.44 billion, a P/E ratio of 28.04, a PEG ratio of 1.90 and a beta of 0.67. WNS has a 1 year low of $38.68 and a 1 year high of $54.38. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.67 and a quick ratio of 1.67.

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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