WNS Holdings elevated to Fresh Pick at Baird » 08:3406/0106/01/20
Baird analyst David…
Baird analyst David Koning designated WNS Holdings as Fresh Pick and likes it the best of the BPO group. He said the stock has underperformed a many year pattern of 10-14% revenue growth, greater than 10% of market cap in net cash, and a better balance sheet. Koning reiterated his Outperform rating and $60 price target on WNS Holdings shares.
|Over a week ago|
Berenberg to hold a virual conference » 08:1805/2005/20/20
PHG, BAYRY, BNTX, BAESY, WNS, IEX, BASFY, VEOEY, ZBRA, NVZMY, BUD, IFF
Berenberg Virtual Conference USA 2020 will be held on May 18-20.
|Over a month ago|
WNS Holdings price target lowered to $56 from $81 at Deutsche Bank » 08:3204/2404/24/20
Deutsche Bank analyst…
Deutsche Bank analyst Bryan Keane lowered the firm's price target on WNS Holdings to $56 from $81 and keeps a Buy rating on the shares. The analyst reduced estimates for the company to reflect COVID-19 headwinds.
WNS Holdings downgraded to Buy from Strong Buy at Needham » 14:0704/2304/23/20
Needham analyst Mayank…
Needham analyst Mayank Tandon downgraded WNS Holdings to Buy from Strong Buy.
WNS Holdings suspends annual guidance » 06:0504/2304/23/20
Based on the volatility…
Based on the volatility and lack of visibility stemming from the COVID-19 pandemic and the associated impacts on WNS's and clients' businesses, the company has temporarily suspended our annual guidance. "WNS will continue to monitor the COVID-19 situation and plans to resume guidance when visibility improves. The company enters the fiscal year with $269M in net cash, $64M in unused lines of credit, and a business model with low capital requirements and operating cost flexibility," said CFO Sanjay Puria.
WNS Holdings reports Q4 adjusted EPS 82c, consensus 74c » 06:0304/2304/23/20
Reports Q4 revenue up 18%…
Reports Q4 revenue up 18% to $248.3M, consensus $230.67M. CEO Keshav Murugesh stated, "While we closed the year with solid Q4 and full year performance, we enter FY21 in a challenging, uncertain, and rapidly changing environment. In this difficult time, WNS is focused on ensuring the health and safety of our more than 44,000 global employees and on servicing the needs of our clients. While we understand that our financial performance in FY21 will be impacted by the COVID-19 pandemic, our goal is to manage what is within our control, continue to invest and innovate, and remain focused on the long-term BPM opportunity. WNS firmly believes that when this pandemic is behind us, we will return to a healthy environment for BPM services."
WNS Holdings price target lowered to $57 from $77 at Cowen » 08:5404/2104/21/20
Cowen analyst Bryan…
Cowen analyst Bryan Bergin lowered the firm's price target on WNS Holdings to $57 from $77 and keeps an Outperform rating on the shares. The analyst believes the recent pullback in the shares represents a buying opportunity as he expects tailwinds from the current disruption. He favors its strong execution that drives it organic growth and profit.
WNS Holdings downgraded to Equal Weight from Overweight at Wells Fargo » 06:2404/1704/17/20
Wells Fargo analyst Ed…
Wells Fargo analyst Ed Caso downgraded WNS Holdings to Equal Weight from Overweight with a price target of $46, down from $79. In a research note to investors, Caso says oversized exposure to travel sector, retail and the U.K. should weigh on growth after the Q1 surge.
Fly Intel: Top five analyst upgrades » 10:1504/0904/09/20
BIG, ADDYY, PUMSY, ERJ, WNS, BUD
upgraded Catch up on…
upgraded Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Big Lots (BIG) upgraded to Neutral from Underweight at JPMorgan with analyst Matthew Boss citing the stock's 45% selloff year-to-date selloff and the company's cash build via its sale/leaseback agreement with Oak Street Real Estate Capital for the upgrade. 2. Adidas (ADDYY) and Puma (PUMSY) upgraded to Buy from Hold at HSBC. 3. Embraer (ERJ) upgraded to Neutral from Sell at Goldman Sachs with analyst Noah Poponak saying the shares, down 63% year-to-date, price in a lot of negative inputs throughout the business. 4. WNS Holdings (WNS) upgraded to Outperform from Neutral at Baird with analyst David Koning saying it has been the third worst performer in it coverage list since February despite a strong business model and pristine balance sheet. 5. AB InBev (BUD) upgraded to Hold from Reduce at HSBC. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
WNS Holdings upgraded to Outperform at Baird » 07:4304/0904/09/20
As reported previously,…
As reported previously, Baird analyst David Koning upgraded WNS Holdings to Outperform from Neutral with a $58 price target. The analyst said it has been the third worst performer in it coverage list since February despite a strong business model and pristine balance sheet. The weakness from disruption of work from home, nearly 20% of its revenue from travel and GBP headwind now has it at a relative discount.