Is Further Upside Left in the Stock?
WNS (Holdings) Limited (WNS) shares rallied 14.3% in the last trading session to close at $74.7. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock’s 9.4% gain over the past four weeks.
Investor optimism surged following the announcement that Capgemini would acquire WNS in an all-cash deal valued at $76.50 per share.
This company is expected to post quarterly earnings of $0.95 per share in its upcoming report, which represents a year-over-year change of +2.2%. Revenues are expected to be $323.35 million, up 3.5% from the year-ago quarter.
Earnings and revenue growth expectations certainly give a good sense of the potential strength in…
