WNS Holdings (WNS)

• Market cap: $2.16B
• Sector: Industrials
• Industry: Business Services

About: WNS (Holdings) Ltd is a Global provider of business process management (BPM) services, offering comprehensive data, voice, analytical, and business transformation services with a blended onshore, nearshore and offshore delivery model. The company's segment includes Banking/Financial Services, and Insurance; Travel, Shipping/Logistics, and Utilities; Manufacturing/Retail/Consumer, Hi-tech/Professional Services, and Procurement; Healthcare/Life Sciences. Geographically the company generates the majority of its revenue from North America (primarily the US), followed by the UK. The company also has a presence in Australia, Europe (excluding the UK), and South Africa.

Employees: 60,125

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

28% more first-time investments, than exits

New positions opened: 51 | Existing positions closed: 40

10% more capital invested

Capital invested by funds: $1.98B [Q1] → $2.19B (+$207M) [Q2]

9.52% more ownership

Funds ownership: 81.67% [Q1] → 91.19% (+9.52%) [Q2]

6% more funds holding

Funds holding: 178 [Q1] → 189 (+11) [Q2]

3% less repeat investments, than reductions

Existing positions increased: 62 | Existing positions reduced: 64

25% less funds holding in top 10

Funds holding in top 10: 4 [Q1] → 3 (-1) [Q2]

58% less call options, than puts

Call options by funds: $399K | Put options by funds: $945K

Research analyst outlook

8 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $51 4% upside
• Avg. target: $64 31% upside
• High target: $73 49% upside

8 analyst ratings

• positive: 5 63%
• neutral: 3 38%
• negative: 0 0%

Deutsche Bank Bryan Keane 0% 1-year accuracy 0 / 3 met price target	4% upside $51	Hold Maintained	3 Oct 2024
JP Morgan Tien-Tsin Huang 61% 1-year accuracy 30 / 49 met price target	49% upside $73	Neutral Maintained	6 Sept 2024
Barrington Research Vincent Colicchio 55% 1-year accuracy 36 / 65 met price target	43% upside $70	Outperform Maintained	22 Aug 2024
Barrington Research Vincent Colicchio 55% 1-year accuracy 36 / 65 met price target	43% upside $70	Outperform Maintained	19 Jul 2024
JP Morgan Tien-Tsin Huang 61% 1-year accuracy 30 / 49 met price target	23% upside $60	Neutral Downgraded	19 Jul 2024