WNS (NYSE:WNS) was downgraded by Zacks Investment Research from a “strong-buy” rating to a “hold” rating in a research report issued on Saturday, Zacks.com reports.

According to Zacks, “WNS HOLDINGS is a recognized leader in business process outsourcing.Their proposition is simple: They deliver value to their clients by bringing operational excellence and deep industry and functional knowledge to their critical business processes. They serve several industries, including travel, insurance, financial services, healthcare, professional services, manufacturing, distribution and retail. They also provide essential corporate functions, such as finance and accounting, human resources research and analytics. “

Other analysts have also issued research reports about the company. Cantor Fitzgerald set a $620.00 target price on Intuitive Surgical and gave the company a “buy” rating in a report on Friday, July 19th. Wedbush restated an “outperform” rating on shares of WNS in a report on Tuesday, July 16th. Cowen set a $460.00 target price on Boeing and gave the company a “buy” rating in a report on Friday, July 19th. Finally, Barrington Research increased their target price on WNS from $68.00 to $72.00 and gave the company an “outperform” rating in a report on Friday, July 19th. One analyst has rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of $67.86.

Shares of WNS traded up $0.93 during trading hours on Friday, hitting $63.96. 167,239 shares of the company were exchanged, compared to its average volume of 154,215. The company has a market capitalization of $3.20 billion, a P/E ratio of 28.43, a PEG ratio of 2.16 and a beta of 1.05. The company has a quick ratio of 2.07, a current ratio of 1.77 and a debt-to-equity ratio of 0.06. The business’s fifty day moving average is $59.80. WNS has a one year low of $39.24 and a one year high of $65.00.

WNS (NYSE:WNS) last released its quarterly earnings data on Thursday, July 18th. The business services provider reported $0.72 earnings per share for the quarter, topping the consensus estimate of $0.48 by $0.24. The business had revenue of $214.60 million during the quarter, compared to analyst estimates of $207.51 million. WNS had a return on equity of 23.92% and a net margin of 13.44%. The company’s revenue was up 7.4% compared to the same quarter last year. During the same period last year, the company posted $0.59 EPS. Equities analysts anticipate that WNS will post 2.36 earnings per share for the current fiscal year.

Several institutional investors and hedge funds have recently added to or reduced their stakes in WNS. Nkcfo LLC purchased a new stake in shares of WNS during the first quarter worth $35,000. Migdal Insurance & Financial Holdings Ltd. raised its holdings in WNS by 201.8% during the first quarter. Migdal Insurance & Financial Holdings Ltd. now owns 688 shares of the business services provider’s stock valued at $37,000 after buying an additional 460 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. bought a new position in WNS during the second quarter valued at about $197,000. Diversified Trust Co bought a new position in WNS during the first quarter valued at about $211,000. Finally, Financial Gravity Wealth Inc. bought a new position in WNS during the first quarter valued at about $221,000. Institutional investors own 94.11% 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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