What Makes WNS (WNS) a New Buy Stock

Core Viewpoint - WNS (Holdings) Limited has received an upgrade to a Zacks Rank 2 (Buy), indicating a positive trend in earnings estimates which is expected to influence stock prices favorably [1][2]. Earnings Estimates and Revisions - The Zacks Consensus Estimate for WNS for the fiscal year ending March 2025 is projected at $4.48 per share, reflecting a 2.3% increase from the previous year [7]. - Over the past three months, analysts have raised their earnings estimates for WNS by 8.1%, indicating a strong upward trend in earnings outlook [7]. Impact of Institutional Investors - Changes in earnings estimates are strongly correlated with near-term stock price movements, as institutional investors adjust their valuations based on these estimates, leading to significant buying or selling activity [3]. Zacks Rating System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with a proven track record of Zacks Rank 1 stocks generating an average annual return of +25% since 1988 [6]. - The upgrade of WNS to a Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, suggesting a strong potential for market-beating returns in the near term [9].