Shares of ExlService Holdings, Inc. (NASDAQ:EXLS – Get Free Report) have been given a consensus recommendation of “Moderate Buy” by the seven analysts that are presently covering the stock, MarketBeat reports. One analyst has rated the stock with a hold rating and six have issued a buy rating on the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $44.50.
EXLS has been the subject of several recent research reports. Needham & Company LLC raised their price target on shares of ExlService from $40.00 to $45.00 and gave the company a “buy” rating in a research report on Wednesday, July 29th. Weiss Ratings raised shares of ExlService from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, September 2nd. Robert W. Baird set a $45.00 price target on ExlService and gave the company an “outperform” rating in a research note on Thursday, July 30th. Wall Street Zen upgraded ExlService from a “hold” rating to a “buy” rating in a report on Saturday, September 26th. Finally, TD Cowen restated a “buy” rating and issued a $45.00 target price (up from $43.00) on shares of ExlService in a report on Thursday, August 27th.
Check Out Our Latest Stock Analysis on EXLS
Insiders Place Their Bets
In other news, insider Vikas Bhalla sold 11,000 shares of the firm’s stock in a transaction that occurred on Thursday, October 1st. The shares were sold at an average price of $35.38, for a total transaction of $389,180.00. Following the transaction, the insider directly owned 109,295 shares in the company, valued at approximately $3,866,857.10. This trade represents a 9.14% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 3.66% of the company’s stock.
Institutional Trading of ExlService
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. BlackRock Inc. acquired a new stake in shares of ExlService in the 2nd quarter worth $488,370,000. Fort Washington Investment Advisors Inc. OH increased its position in ExlService by 6.2% during the 3rd quarter. Fort Washington Investment Advisors Inc. OH now owns 1,775,966 shares of the business services provider’s stock worth $61,058,000 after purchasing an additional 103,789 shares during the period. Bank of America Corp DE acquired a new position in ExlService during the second quarter worth $48,189,000. Bank of New York Mellon Corp acquired a new stake in ExlService in the second quarter valued at $25,214,000. Finally, Amundi lifted its holdings in ExlService by 17.8% in the second quarter. Amundi now owns 907,421 shares of the business services provider’s stock valued at $23,466,000 after acquiring an additional 137,396 shares during the period. 92.92% of the stock is owned by hedge funds and other institutional investors.
ExlService Stock Performance
EXLS opened at $42.30 on Friday. The business’s 50 day moving average price is $36.83 and its 200 day moving average price is $32.19. The stock has a market capitalization of $6.41 billion, a PE ratio of 26.60, a P/E/G ratio of 1.70 and a beta of 0.84. ExlService has a one year low of $24.85 and a one year high of $43.88.
ExlService (NASDAQ:EXLS – Get Free Report) last posted its earnings results on Tuesday, July 28th. The business services provider reported $0.59 EPS for the quarter, beating analysts’ consensus estimates of $0.55 by $0.04. ExlService had a net margin of 11.17% and a return on equity of 30.61%. The company had revenue of $594.76 million for the quarter, compared to analysts’ expectations of $573.94 million. During the same quarter in the prior year, the company posted $0.49 earnings per share. ExlService’s revenue for the quarter was up 15.6% compared to the same quarter last year. ExlService has set its FY 2026 guidance at 2.250-2.290 EPS. As a group, equities research analysts forecast that ExlService will post 1.82 earnings per share for the current fiscal year.
ExlService Company Profile
ExlService Holdings, Inc, operating under the EXL brand, is a data analytics and digital operations company that helps businesses use data, technology and artificial intelligence to improve decision-making, manage risk and enhance operational performance. Its services include data management, advanced analytics, business process solutions, automation and technology-enabled transformation.
EXL serves clients across industries including insurance, healthcare, banking and capital markets, utilities, travel and transportation, retail, media and manufacturing.
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