TRENDING KEYWORDS
WNS (WNS, $79.65) posts +81% increase in net profit
Global business process management company WNS posted net profit of $26.8 million for the first quarter, which represent an 81% year-over-year increase.
Revenues climbed +22% from the year-ago quarter to $253.2 million.
"Despite Covid-related challenges in the quarter, WNS continued to perform well and posted solid financial results. Hiring accelerated in support of both new wins and committed volume increases with existing clients," said Group CEO Keshav R Murugesh.
As of quarter-end, the company had $311.3 million in cash and investments. Hiring for the company accelerated, with the addition of almost 3,000 employees during Q1.
Looking ahead, WNS expects net revenue to be between $961 million and $1,009 million for FY22, higher than prior forecast of $868.7 million.
WNS's RSI Indicator ascends from oversold territory
The RSI Indicator for WNS moved out of oversold territory on May 20, 2022. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 15 similar instances when the indicator left oversold territory. In 12 of the 15 cases the stock moved higher. This puts the odds of a move higher at 80%.
Current price $71.29 crossed the resistance line at $76.22 and is trading between $76.22 resistance and $51.07 support lines. Throughout the month of 04/25/22 - 05/25/22, the price experienced a -12% Downtrend, while the week of 05/18/22 - 05/25/22 shows a +3% Uptrend.
The Momentum Indicator moved above the 0 level on May 25, 2022. You may want to consider a long position or call options on WNS as a result. In 60 of 96 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 62%.
The Moving Average Convergence Divergence (MACD) for WNS just turned positive on May 23, 2022. Looking at past instances where WNS's MACD turned positive, the stock continued to rise in 30 of 46 cases over the following month. The odds of a continued upward trend are 65%.
Following a +4.63% 3-day Advance, the price is estimated to grow further. Considering data from situations where WNS advanced for three days, in 196 of 317 cases, the price rose further within the following month. The odds of a continued upward trend are 62%.
WNS may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Stochastic Indicator entered the overbought zone. Expect a price pull-back in the foreseeable future.
The 10-day Moving Average for WNS crossed bearishly below the 50-day moving average on April 22, 2022. This indicates that the trend has shifted lower and could be considered a sell signal. In 9 of 15 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 60%.
The 50-day Moving Average for WNS moved below the 200-day moving average on April 26, 2022. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where WNS declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 45%.
The Aroon Indicator for WNS entered a downward trend on May 23, 2022. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Tickeron has a positive outlook on this ticker and predicts a further increase by more than 4.00% within the next month with a likelihood of 62%. During the last month, the daily ratio of advancing to declining volumes was 1 to 1.13.
The Tickeron Profit vs. Risk Rating rating for this company is 27 (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 79, placing this stock better than average.
The Tickeron PE Growth Rating for this company is 44 (best 1 - 100 worst), pointing to consistent earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron SMR rating for this company is 63 (best 1 - 100 worst), indicating slightly weaker than average sales and a marginally profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Valuation Rating of 73 (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (4.615) is normal, around the industry mean (10.867). P/E Ratio (27.624) is within average values for comparable stocks, (104.665). Projected Growth (PEG Ratio) (1.312) is also within normal values, averaging (1.249). WNS has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.022). P/S Ratio (3.288) is also within normal values, averaging (5.084).
The Tickeron Price Growth Rating for this company is 73 (best 1 - 100 worst), indicating slightly worse than average price growth. WNS’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Seasonality Score of 85 (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The industry, whose total market cap runs into trillions, makes hardware/software that allows data to be stored, retrieved, transmitted, and manipulated on computers. With the ever-increasing relevance of data, the information technology (IT) industry has gained momentous growth over the years, and continues to thrive on innovation. Some of the behemoths in the industry are International Business Machines Corporation, Accenture, and VMware, Inc.
The average market capitalization across the Information Technology Services Industry is 6.5B. The market cap for tickers in the group ranges from 0 to 176.9B. ACN holds the highest valuation in this group at 176.9B. The lowest valued company is ARSC at 0.
The average weekly price growth across all stocks in the Information Technology Services Industry was -1.52%. For the same Industry, the average monthly price growth was -7.28%, and the average quarterly price growth was -21%. ATHC experienced the highest price growth at 78.18%, while GSDT experienced the biggest fall at -65%.
The average weekly volume growth across all stocks in the Information Technology Services Industry was 14.38%. For the same stocks of the Industry, the average monthly volume growth was 14.43% and the average quarterly volume growth was 18.03%
- 4/23/22 4:12 AM: The volume for WNS Holdings stock increased for four consecutive days, resulting in a record-breaking daily growth of 217% of the 65-Day Volume Moving Average
- 4/22/22 6:32 AM: The volume for WNS Holdings stock increased for three consecutive days, resulting in a record-breaking daily growth of 196% of the 65-Day Volume Moving Average
- 4/21/22 5:10 AM: The volume for WNS Holdings stock increased for one day, resulting in a record-breaking daily growth of 224% of the 65-Day Volume Moving Average
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Stocks in the group have a Positive Outlook today, backed by the RSI Indicator. Tickeron has a positive outlook on this group and predicts a further increase by more than 4.00% within the next month with a likelihood of 35%. During the last month, the daily ratio of advancing to declining volumes was 1 to 1.07.
1 stock in the group of tickers exhibit a similar positive trend based on the Volume indicator with an average likelihood of 76%.
The average market capitalization across the group is 9.5B. The market cap for tickers in the group ranges from 109.8M to 26.4B. CPRT holds the highest valuation in this group at 26.4B. The lowest valued company is CIDM at 109.8M.
The average weekly price growth across all stocks in the group was 2.12%. For the same group, the average monthly price growth was -7.77%, and the average quarterly price growth was -22.01%. CPRT experienced the highest price growth at 4.45%, while CLVT experienced the biggest fall at -2.23%.
- 5/19/22 8:24 AM: KAR Auction Services (KAR, $14.72) was a top weekly gainer, with a +12.71% jump
- 5/10/22 5:36 AM: Cinedigm (CIDM, $0.62) is a top weekly loser for penny stocks, falling -15.07%
- 5/5/22 4:57 AM: Equifax (EFX, $212.62) was a top weekly gainer, with a +6.09% jump
The average weekly volume growth across all stocks in the group was -7.5%. For the same stocks of the group, the average monthly volume growth was 3.02% and the average quarterly volume growth was 65.44%
- 4/30/22 5:53 AM: The volume for ABM Industries stock increased for one day, resulting in a record-breaking daily growth of 441% of the 65-Day Volume Moving Average
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Latest blogs by Sarah Patel
Top Blogs
