ExlService Holdings, Inc. (NASDAQ:EXLS) Receives $43.60 Average Target Price from Brokerages

Shares of ExlService Holdings, Inc. (NASDAQ:EXLS) have earned an average recommendation of “Buy” from the six analysts that are presently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold recommendation, four have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $41.50.

EXLS has been the subject of a number of recent analyst reports. Weiss Ratings lowered ExlService from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, April 24th. Barrington Research set a $40.00 price target on ExlService and gave the company an “outperform” rating in a research report on Thursday. Stifel Nicolaus lowered their price target on ExlService from $54.00 to $46.00 and set a “buy” rating for the company in a research report on Thursday, February 26th. Wall Street Zen raised ExlService from a “hold” rating to a “buy” rating in a research report on Saturday, February 7th. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $40.00 price target (down from $55.00) on shares of ExlService in a research report on Wednesday, February 25th.

Insider Buying and Selling

In other ExlService news, EVP Ajay Ayyappan sold 2,275 shares of the company’s stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $30.32, for a total transaction of $68,978.00. Following the completion of the transaction, the executive vice president owned 53,768 shares of the company’s stock, valued at $1,630,245.76. This represents a 4.06% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 4.04% of the stock is owned by insiders.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Mather Group LLC. bought a new position in shares of ExlService in the 3rd quarter worth approximately $25,000. CENTRAL TRUST Co raised its position in shares of ExlService by 2,428.0% in the 3rd quarter. CENTRAL TRUST Co now owns 632 shares of the business services provider’s stock worth $28,000 after acquiring an additional 607 shares in the last quarter. Transamerica Financial Advisors LLC raised its position in shares of ExlService by 285.2% in the 4th quarter. Transamerica Financial Advisors LLC now owns 678 shares of the business services provider’s stock worth $29,000 after acquiring an additional 502 shares in the last quarter. True Wealth Design LLC raised its position in shares of ExlService by 57.2% in the 4th quarter. True Wealth Design LLC now owns 706 shares of the business services provider’s stock worth $30,000 after acquiring an additional 257 shares in the last quarter. Finally, Private Trust Co. NA raised its position in shares of ExlService by 56.2% in the 4th quarter. Private Trust Co. NA now owns 717 shares of the business services provider’s stock worth $30,000 after acquiring an additional 258 shares in the last quarter. Institutional investors own 92.92% of the company’s stock.

ExlService Trading Down 0.4%

Shares of EXLS stock opened at $31.74 on Friday. The business has a 50-day moving average of $30.73 and a 200 day moving average of $36.48. The stock has a market capitalization of $4.85 billion, a PE ratio of 20.22, a P/E/G ratio of 1.43 and a beta of 0.87. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.66 and a quick ratio of 2.56. ExlService has a 1-year low of $26.94 and a 1-year high of $48.54.

ExlService (NASDAQ:EXLS) last released its quarterly earnings results on Tuesday, April 28th. The business services provider reported $0.58 EPS for the quarter, beating analysts’ consensus estimates of $0.53 by $0.05. The business had revenue of $570.35 million during the quarter, compared to analyst estimates of $557.67 million. ExlService had a return on equity of 28.50% and a net margin of 11.66%.ExlService’s quarterly revenue was up 13.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.48 EPS. ExlService has set its FY 2026 guidance at 2.180-2.230 EPS. As a group, sell-side analysts anticipate that ExlService will post 1.77 earnings per share for the current year.

ExlService declared that its board has approved a share repurchase plan on Tuesday, March 17th that allows the company to buyback $125.00 million in shares. This buyback authorization allows the business services provider to reacquire up to 2.7% of its shares through open market purchases. Shares buyback plans are generally a sign that the company’s board of directors believes its stock is undervalued.

About ExlService

ExlService Holdings, Inc (NASDAQ: EXLS) is a global operations management and analytics company that partners with clients in insurance, healthcare, banking, and financial services to drive digital transformation and operational excellence. The firm delivers analytics-driven solutions and business process outsourcing services, including claims adjudication, finance and accounting, data management, and customer service support. ExlService combines domain expertise with advanced analytics, artificial intelligence, and automation technologies to help organizations optimize processes, enhance customer experiences, and manage risk.

Founded in 1999 and headquartered in New York City, ExlService has grown through a mix of organic expansion and strategic acquisitions, earning recognition for its data analytics capabilities and industry-specific knowledge.