While WNS (Holdings) Limited has overperformed by 1.99%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, WNS fell by -36.03%, with highs and lows ranging from $80.27 to $39.85, whereas the simple moving average fell by -17.68% in the last 200 days.
On April 26, 2024, Deutsche Bank Downgraded WNS (Holdings) Limited (NYSE: WNS) to Hold. A report published by Needham on January 19, 2024, Reiterated its previous ‘Buy’ rating for WNS. Jefferies also rated WNS shares as ‘Buy’, setting a target price of $82 on the company’s shares in an initiating report dated September 19, 2023. Robert W. Baird February 26, 2021d its ‘Outperform’ rating to ‘Neutral’ for WNS, as published in its report on February 26, 2021. Barrington Research’s report from July 17, 2020 suggests a price prediction of $71 for WNS shares, giving the stock a ‘Outperform’ rating. Needham also rated the stock as ‘Buy’.
Analysis of WNS (Holdings) Limited (WNS)
Further, the quarter-over-quarter increase in sales is 6.93%, showing a positive trend in the upcoming months.
WNS (Holdings) Limited’s future performance can be predicted by a variety of well-rounded types of analysis and research, with equity being one of the most crucial ones. The goal here is to ensure that your current return on equity of 17.88% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.82, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
For any stock, average volume can be an extremely valuable indicator of volatility, and WNS is registering an average volume of 455.60K. On a monthly basis, the volatility of the stock is set at 5.09%, whereas on a weekly basis, it is put at 5.10%, with a gain of 18.61% over the past seven days. Furthermore, long-term investors anticipate a median target price of $57.70, showing growth from the present price of $49.71, which can serve as yet another indication of whether WNS is worth investing in or should be passed over.
How Do You Analyze WNS (Holdings) Limited Shares?
A giant in the Information Technology Services market, WNS (Holdings) Limited (WNS) is based in the India. When comparing WNS (Holdings) Limited shares with other companies under Technology, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 17.57, there is a growth in quarterly earnings of -65.46%.
Besides checking the fundamentals, you should also know how many employees own shares in the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 11.62%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 91.45% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
WNS shares are owned by institutional investors to the tune of 91.45% at present.
