ExlService (NASDAQ:EXLS) Releases Quarterly Earnings Results

ExlService (NASDAQ:EXLS) released its quarterly earnings results on Tuesday. The business services provider reported $0.59 EPS for the quarter, beating the consensus estimate of $0.55 by $0.04, FiscalAI reports. ExlService had a net margin of 11.66% and a return on equity of 28.50%. The business had revenue of $594.76 million for the quarter, compared to analyst estimates of $573.94 million. ExlService updated its FY 2026 guidance to 2.250-2.290 EPS.

ExlService Trading Up 6.9%

EXLS traded up $1.97 during trading on Tuesday, hitting $30.53. The company’s stock had a trading volume of 3,126,612 shares, compared to its average volume of 2,343,751. The firm’s 50 day moving average price is $27.97 and its 200-day moving average price is $31.16. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.66 and a quick ratio of 2.66. The stock has a market cap of $4.66 billion, a PE ratio of 19.45, a PEG ratio of 1.17 and a beta of 0.84. ExlService has a twelve month low of $24.85 and a twelve month high of $47.11.

Insider Buying and Selling at ExlService

In other news, EVP Ajay Ayyappan sold 5,093 shares of the company’s stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $29.11, for a total transaction of $148,257.23. Following the completion of the transaction, the executive vice president owned 48,994 shares of the company’s stock, valued at $1,426,215.34. This represents a 9.42% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Vikas Bhalla sold 12,000 shares of the business’s stock in a transaction that occurred on Thursday, June 4th. The shares were sold at an average price of $30.22, for a total transaction of $362,640.00. Following the completion of the sale, the insider owned 153,295 shares of the company’s stock, valued at approximately $4,632,574.90. The trade was a 7.26% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 3.66% of the stock is owned by company insiders.

Institutional Trading of ExlService

Several institutional investors have recently made changes to their positions in the stock. Public Employees Retirement System of Ohio raised its position in shares of ExlService by 0.6% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 54,274 shares of the business services provider’s stock worth $2,390,000 after buying an additional 318 shares during the period. Private Advisor Group LLC increased its stake in ExlService by 6.3% during the third quarter. Private Advisor Group LLC now owns 6,038 shares of the business services provider’s stock worth $266,000 after acquiring an additional 358 shares during the last quarter. UMB Bank n.a. raised its holdings in shares of ExlService by 22.3% in the 4th quarter. UMB Bank n.a. now owns 2,647 shares of the business services provider’s stock worth $112,000 after purchasing an additional 482 shares during the period. Transamerica Financial Advisors LLC raised its holdings 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 purchasing an additional 502 shares during the period. Finally, CIBC Private Wealth Group LLC lifted its stake in shares of ExlService by 63.4% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 1,583 shares of the business services provider’s stock valued at $70,000 after purchasing an additional 614 shares in the last quarter. 92.92% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts have weighed in on EXLS shares. TD Cowen reissued a “buy” rating and set a $39.00 price target (down from $45.00) on shares of ExlService in a research report on Thursday, July 9th. Barrington Research restated an “outperform” rating and issued a $40.00 price objective on shares of ExlService in a research report on Thursday, June 25th. Weiss Ratings lowered ExlService from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday, June 30th. Finally, JPMorgan Chase & Co. lifted their price objective on ExlService from $42.00 to $43.00 and gave the stock an “overweight” rating in a research report on Thursday, April 30th. Five investment analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $40.50.

ExlService Company Profile

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.