Equities analysts expect WNS (Holdings) Limited (NYSE:WNS) to announce $206.66 million in sales for the current quarter, Zacks Investment Research reports. Eight analysts have issued estimates for WNS’s earnings. The lowest sales estimate is $204.47 million and the highest is $208.77 million. WNS reported sales of $198.20 million in the same quarter last year, which indicates a positive year-over-year growth rate of 4.3%. The firm is scheduled to announce its next quarterly earnings report on Thursday, April 25th.
According to Zacks, analysts expect that WNS will report full year sales of $794.02 million for the current fiscal year, with estimates ranging from $791.83 million to $796.13 million. For the next year, analysts forecast that the company will report sales of $869.51 million, with estimates ranging from $860.00 million to $873.35 million. Zacks Investment Research’s sales calculations are a mean average based on a survey of analysts that that provide coverage for WNS.
WNS (NYSE:WNS) last released its quarterly earnings results on Thursday, January 17th. The business services provider reported $0.73 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.61 by $0.12. The firm had revenue of $199.70 million for the quarter, compared to analyst estimates of $195.32 million. WNS had a net margin of 12.52% and a return on equity of 23.78%. The business’s revenue for the quarter was up 5.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.06 EPS.
WNS has been the subject of several research reports. Loop Capital lifted their target price on shares of WNS to $63.00 and gave the company a “buy” rating in a report on Friday, October 26th. Cantor Fitzgerald reiterated a “buy” rating and issued a $56.00 target price on shares of WNS in a report on Thursday, October 25th. Barrington Research set a $60.00 target price on shares of WNS and gave the company a “buy” rating in a report on Monday, October 22nd. ValuEngine upgraded shares of WNS from a “hold” rating to a “buy” rating in a report on Monday, February 4th. Finally, Zacks Investment Research upgraded shares of WNS from a “hold” rating to a “buy” rating and set a $50.00 target price for the company in a report on Saturday, January 12th. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $58.80.
Shares of WNS stock traded up $0.42 during trading on Friday, hitting $51.68. 108,801 shares of the stock traded hands, compared to its average volume of 243,328. The firm has a market cap of $2.60 billion, a PE ratio of 28.55, a PEG ratio of 1.91 and a beta of 0.99. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.97 and a current ratio of 1.97. WNS has a 52-week low of $39.24 and a 52-week high of $54.38.
A number of institutional investors have recently bought and sold shares of the stock. FMR LLC increased its holdings in WNS by 5.2% in the 3rd quarter. FMR LLC now owns 4,965,235 shares of the business services provider’s stock valued at $251,986,000 after purchasing an additional 245,490 shares during the last quarter. Macquarie Group Ltd. grew its stake in shares of WNS by 5.1% in the third quarter. Macquarie Group Ltd. now owns 1,418,751 shares of the business services provider’s stock worth $72,002,000 after acquiring an additional 68,589 shares in the last quarter. Renaissance Technologies LLC grew its stake in shares of WNS by 19.6% in the third quarter. Renaissance Technologies LLC now owns 1,377,086 shares of the business services provider’s stock worth $69,887,000 after acquiring an additional 225,586 shares in the last quarter. Grandeur Peak Global Advisors LLC grew its stake in shares of WNS by 0.8% in the third quarter. Grandeur Peak Global Advisors LLC now owns 870,581 shares of the business services provider’s stock worth $44,182,000 after acquiring an additional 6,775 shares in the last quarter. Finally, Wells Fargo & Company MN grew its stake in shares of WNS by 1.8% in the third quarter. Wells Fargo & Company MN now owns 858,011 shares of the business services provider’s stock worth $43,544,000 after acquiring an additional 15,512 shares in the last quarter. Hedge funds and other institutional investors own 83.90% of the company’s stock.
WNS Company Profile
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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