Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $34.50 on WNS (Holdings) Limited (NYSE:WNS) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $1.86 for the next fiscal and $N/A for underway quarter.
Analysts take into account the price to earnings ratio to estimate the firm’s valuation. This ratio, which is also called as the P/E ratio evaluates the company on relative expense factor. The formula to calculate ratio is stock’s latest price/ per share earnings. The P/E ratio of WNS (Holdings) Limited (NYSE:WNS) stands at 26.10.
Analysts also work out Price/Earnings Growth ratio in an attempt to estimate the valuation of a firm. This ratio commonly known as the PEG ratio implies the stock’s valuation compared to earnings growth potential. Investors look to invest in the stocks with a lower PEG ratio. For WNS (Holdings) Limited Sponsore, the PEG ratio for coming 3-5 years is 1.02.
The technical analysis highlights that WNS (Holdings) Limited Sponsore current is trading $0.91 points away or +3.25% from its 50-day moving average of $28.06. Further it is trading $-0.36 or -1.24% away its 200-day moving average of $29.33.
The 52-week high of WNS (Holdings) Limited (NYSE:WNS) was $34.37 while lowest point recorded in 52-week was $25.01. It implies if stock price makes a movement of over $-5.40, it will record a new 52-week high. In the case of +15.83% drop, it will touch a new 52-week low.
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