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 Β net revenue to be between $961 million and $1,009 million for FY22, higher than prior forecast of $868.7 million.
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The RSI Oscillator for WNS moved out of oversold territory on October 18, 2024. 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 29 similar instances when the indicator left oversold territory. In of the 29 cases the stock moved higher. This puts the odds of a move higher at .
The Momentum Indicator moved above the 0 level on October 31, 2024. You may want to consider a long position or call options on WNS as a result. In of 98 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for WNS just turned positive on October 23, 2024. Looking at past instances where WNS's MACD turned positive, the stock continued to rise in of 41 cases over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where WNS advanced for three days, in of 301 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.
The 50-day moving average for WNS moved below the 200-day moving average on October 16, 2024. 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 of 62 cases within the following month. The odds of a continued downward trend are .
WNS broke above its upper Bollinger Band on November 06, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Aroon Indicator for WNS entered a downward trend on October 28, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a 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 PE Growth Rating for this company is (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 Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued 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 (2.999) is normal, around the industry mean (10.721). P/E Ratio (20.226) is within average values for comparable stocks, (49.406). Projected Growth (PEG Ratio) (1.080) is also within normal values, averaging (1.749). WNS has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.024). P/S Ratio (1.862) is also within normal values, averaging (42.128).
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. WNSβs price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. WNSβs unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 80, placing this stock worse than average.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a provider pf business process outsourcing services
Industry InformationTechnologyServices