WNS (WNS) Shares Drop Over 5% Amid Market Volatility

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Nov 14, 2024

WNS Holdings (WNS, Financial) experienced a significant stock price drop of 5.11%, trading at $51.77 per share with a volume of 281,734 shares and a turnover rate of 0.65%. The stock's amplitude was noted at 5.07%.

Recent financial reports for WNS Holdings revealed revenue of $323 million, a net profit of $41.79 million, and earnings per share (EPS) of $0.96. The company's gross profit stood at $108 million, with a price-to-earnings (P/E) ratio of 20.64.

Regarding institutional ratings, among 11 rating agencies, 73% recommended a buy, while 27% suggested holding the stock. No agencies advised selling the stock.

In the broader information technology services sector, where WNS (WNS, Financial) operates, the overall decline was 1.81%. Comparatively, other notable stocks in the sector like Fiscalnote Holdings, Inc., Bigbear.Ai, Inc., and several others saw significant activity and price fluctuations.

WNS Holdings is a global business process management (BPM) service provider, offering services in data, voice, analytics, and business transformation, employing a hybrid model of nearshore, onshore, and offshore delivery. Its key sectors include banking, travel, logistics, manufacturing, and healthcare. Geographically, the majority of its revenue is sourced from North America, specifically the U.S., followed by the UK, with additional operations in Australia, Europe, and South Africa.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.