WNS (NYSE:WNS) announced its quarterly earnings results on Thursday. The business services provider reported $0.73 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.53 by $0.20, MarketWatch Earnings reports. WNS had a return on equity of 20.44% and a net margin of 11.27%. The company had revenue of $214.40 million during the quarter, compared to analyst estimates of $204.47 million. During the same period in the prior year, the firm posted $0.79 earnings per share. The firm’s revenue was down 2.9% on a year-over-year basis. WNS updated its FY 2021
Pre-Market guidance to 2.33-2.48 EPS and its FY21 guidance to $2.33-2.48 EPS.
Shares of WNS opened at $62.93 on Friday. The company has a market capitalization of $3.13 billion, a P/E ratio of 31.15, a P/E/G ratio of 4.98 and a beta of 1.45. WNS has a one year low of $34.26 and a one year high of $75.86. The company has a debt-to-equity ratio of 0.28, a quick ratio of 2.44 and a current ratio of 2.44. The stock has a 50-day moving average price of $65.17 and a 200 day moving average price of $55.94.
A number of equities research analysts have recently issued reports on the company. Needham & Company LLC increased their target price on WNS from $73.00 to $78.00 and gave the company a “buy” rating in a research note on Thursday. Zacks Investment Research upgraded WNS from a “hold” rating to a “buy” rating and set a $73.00 target price for the company in a research note on Wednesday, September 16th. JPMorgan Chase & Co. increased their target price on WNS from $64.00 to $77.00 and gave the company an “overweight” rating in a research note on Monday, August 17th. Deutsche Bank Aktiengesellschaft increased their target price on WNS from $56.00 to $70.00 and gave the company a “buy” rating in a research note on Friday, July 17th. Finally, Bank of America increased their target price on WNS from $68.00 to $72.00 and gave the company a “buy” rating in a research note on Friday. One equities research analyst has rated the stock with a hold rating and ten have assigned a buy rating to the company. WNS has an average rating of “Buy” and a consensus price target of $68.91.
WNS (Holdings) Limited, a business process management (BPM) company, provides data, voice, analytical, and business transformation services worldwide. The company operates through two segments, WNS Global BPM and WNS Auto Claims BPM. It offers industry-specific services to clients primarily in insurance; diversified businesses, including manufacturing, retail, consumer packaged goods, media and entertainment, and telecom; travel and leisure; healthcare; utilities; shipping and logistics; consulting and professional services; and banking and financial services.
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