WNS HLDGS-ADR (NYSE:WNS) announced its quarterly earnings data on Thursday. The company reported $0.49 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.42 by $0.07. The firm earned $139.80 million during the quarter, compared to analyst estimates of $137.77 million. WNS HLDGS-ADR had a net margin of 9.64% and a return on equity of 20.23%. WNS HLDGS-ADR’s revenue was down 3.2% on a year-over-year basis. During the same period last year, the firm posted $0.50 EPS.
Shares of WNS HLDGS-ADR (NYSE:WNS) opened at 27.67 on Thursday. WNS HLDGS-ADR has a 52 week low of $24.82 and a 52 week high of $32.82. The stock’s 50 day moving average is $26.74 and its 200-day moving average is $27.83. The firm has a market cap of $1.41 billion, a PE ratio of 26.08 and a beta of 0.98.
Institutional investors have recently made changes to their positions in the company. FMR LLC increased its position in shares of WNS HLDGS-ADR by 9.0% in the second quarter. FMR LLC now owns 5,227,599 shares of the company’s stock worth $141,145,000 after buying an additional 431,254 shares in the last quarter. TimesSquare Capital Management LLC increased its position in shares of WNS HLDGS-ADR by 17.9% in the third quarter. TimesSquare Capital Management LLC now owns 2,344,060 shares of the company’s stock worth $70,205,000 after buying an additional 356,360 shares in the last quarter. Victory Capital Management Inc. increased its position in shares of WNS HLDGS-ADR by 112,920.8% in the third quarter. Victory Capital Management Inc. now owns 1,079,349 shares of the company’s stock worth $32,326,000 after buying an additional 1,078,394 shares in the last quarter. RS Investment Management Co. LLC bought a new position in shares of WNS HLDGS-ADR during the second quarter worth approximately $27,794,000. Finally, Grandeur Peak Global Advisors LLC increased its position in shares of WNS HLDGS-ADR by 4.4% in the third quarter. Grandeur Peak Global Advisors LLC now owns 955,220 shares of the company’s stock worth $28,609,000 after buying an additional 40,300 shares in the last quarter. 91.37% of the stock is owned by institutional investors and hedge funds.
Several equities analysts recently commented on the stock. Loop Capital assumed coverage on shares of WNS HLDGS-ADR in a research report on Tuesday, January 10th. They issued a “buy” rating and a $35.00 price objective for the company. Zacks Investment Research raised shares of WNS HLDGS-ADR from a “sell” rating to a “hold” rating in a research report on Thursday, December 22nd. Finally, Cantor Fitzgerald set a $30.00 price objective on shares of WNS HLDGS-ADR and gave the company a “buy” rating in a research report on Thursday, October 20th. Two research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. WNS HLDGS-ADR presently has a consensus rating of “Buy” and an average target price of $34.57.
About WNS HLDGS-ADR
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.