WNS (Holdings) Limited [NYSE:WNS] will report earnings after markets close on Thursday, January 21st.
WNS Earnings Forecast For The Current Quarter
WNS (Holdings) Limited [WNS] is expected to report weak earnings results for the quarter ending on Dec 2020. Consensus estimates give the company expected revenues of $213.43M and an earnings per share of $0.6 for Dec 2020. Looking further ahead, the company is expected to report revenue of $219.51M at an EPS of $0.63 for Mar 2021. The estimates represent 10.90% and 25.07% in the company’s revenue and earnings per share, respectively, on a year-on-year basis.
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WNS Earnings Estimates For The Current Year
For the financial year, WNS (Holdings) Limited [NYSE:WNS] is expected to bring in revenue of $849.69M. The returns are nearly $-46.51 million lower than the company’s actual revenue recorded in the fiscal year 2020. In terms of EPS for the 2021, estimate put it at 2.46, lower than that of FY20 by -$0.64. Estimates put this year’s earnings growth at -20.60%, 24.80% for the next, and at an annual 10.00% over the next 5-year period. As for sales, forecasts are for a decrease of -5.20% in the current fiscal year and a further 10.90% over the following year.
WNS Price Performance
On Wall Street, WNS (Holdings) Limited [NYSE:WNS] finished Tuesday’s session up 0.78% at $69.81. The stock went up to $70.15 at the same session while its lowest single day price was $68.93. In the last five days, it saw a fall of about -0.26%, WNS (Holdings) Limited shares dropped by almost -3.11% since the beginning of the year. However, the share price has dropped to as low as -7.97% below its one year high. On 01/04/21, the company shares recorded $72.94, the highest single-day price it has got to in the last 52-weeks and a 52-week low was seen on 01/14/21, the same year at $66.20. The company’s shares have declined by -0.60% in the past year. The 50-day SMA achieved is $69.50 while the 200-day SMA is $60.11. Volume dropped to 0.17 million from 0.29 million in the previous session.
WNS (Holdings) Limited [WNS] Valuation Measures
Notably, WNS (Holdings) Limited [WNS] stock cannot be classified as a good candidate in the listing of underestimated low-priced Specialty Business Services companies to purchase soonest possible with the prevailing 12-month PE ratio of 34.80. The measure means the stock is exchanging at a premium as compared to the 21.05x trailing earnings of the industry. It can be helpful for investors to consider historical price-sales ratio, more specifically, a 3.65 PS value ratio is reported for the last one year of reported earnings. That is higher than the industry average of 1.08 which means WNS serve an unattractive investment opportunity compared to its competitors.
WNS Stock Support And Resistance Levels
On the 24-hour scale, the immediate backing is perceived around 69.81 level, and in case of violation of this particular level, it will cause more drop to 69.11 level. On the upper level, 71.55 is still the key resistance. The stock may increase to the subsequent resistance at 70.85. The Relative Strength Index (RSI) pinned on the 14-day chart is 49.34, implying a neutral technical stance while the MACD stands at -1.94, meaning price will decrease in the next trading period. Percent R indicator moved to 51.18%, implying low price movement. Stochastic %K at 43.95% suggest holding the stock.
Is WNS (Holdings) Limited [NYSE:WNS] a Good Buy Right Now?
It should be noted that WNS technical indicators for short, intermediate as well as long term progress have placed an overall average of 72% as Buy. The average signal changed from 80% Buy in the last week and compares with 100% Buy in the past month. Data from WNS (Holdings) Limited’s Trend Spotter indicated that the signals were Weakest. The stock current average is 0.14 million shares in the past 20 days and the short term average signal indicates a 50% Buy. In the last 50 days, the average trading volume was 0.14 million shares while the medium term average advocated for 100% Buy. The average long-term signal stands at 100% Buy and the 100-day average volume stands at 0.14 million shares.
What is the short interest in WNS (Holdings) Limited?
Short interest in the WNS (Holdings) Limited stock has surged, increasing by 12220.0 shares to total 28410.0 shares on Dec 30, 2020. The interest had seen shares on Nov 29, 2020 stand at 40630.0, data from Yahoo Finance shows. The decrease of -43.01% suggests the stock saw some decreased bullish sentiment.
WNS (Holdings) Limited’s Biggest Shareholders: Who Owns WNS (Holdings) Limited [WNS]?
Filings by Ivy Investment Management Co. showed that the firm now holds a total of 5,305,719 shares or roughly 10.61% of the outstanding WNS shares. This means their shares have reduced by -105,698 from the 5,305,719 the investor reportedly held in its prior 13-F filing. With the conclusion of the sale, Fidelity Management & Research Co updated stake is worth $295,073,282. Details in the latest 13F filings reveal that Grandeur Peak Global Advisors LLC acquired their 5.31% stake valued at $184,229,977 while Janus Capital Management LLC cut theirs at $130,001,040. During the last quarter, Grandeur Peak Global Advisors LLC raised 128,950 of its shares in WNS (Holdings) Limited while Janus Capital Management LLC sold -259,897 shares. The Renaissance Technologies LLC’s holdings currently number 1,397,400 shares at $97552494.0. According to the firm’s last 13F report, Acadian Asset Management LLC shares in the company at filing stood at 1,329,777 shares, roughly $95,810,433.
What are analyst thoughts on WNS (Holdings) Limited?
Looking forward to the WNS (Holdings) Limited share price prediction, we can see that analysts, surveyed by FactSet, offer the mean price target for WNS (Holdings) Limited stock at $76.00 within the next 12 months, which represents almost 8.14 per cent growth from its previous closing price of $69.81. The highest analysts’ target for WNS (Holdings) Limited stock projections is $85.00 and the lowest one is $70.00. Still, 11 analysts sharing their consensus rating for WNS stock in 2021 agree that it is a Buy.