ExlService (NASDAQ:EXLS) Releases Quarterly Earnings Results, Misses Estimates By $0.08 EPS

ExlService (NASDAQ:EXLS) posted its earnings results on Tuesday. The business services provider reported $0.34 earnings per share for the quarter, missing the consensus estimate of $0.42 by ($0.08), Zacks reports. The firm had revenue of $481.43 million during the quarter, compared to analyst estimates of $475.68 million. ExlService had a net margin of 10.61% and a return on equity of 23.23%. ExlService updated its FY 2025 guidance to 1.830-1.890 EPS and its FY 2025 guidance to 1.830-1.890 EPS.

ExlService Trading Up 0.0 %

Shares of NASDAQ EXLS traded up $0.02 during midday trading on Thursday, hitting $48.65. The stock had a trading volume of 143,349 shares, compared to its average volume of 1,023,070. The company has a fifty day moving average price of $47.98 and a 200 day moving average price of $43.06. The company has a market capitalization of $7.83 billion, a price-to-earnings ratio of 42.60, a PEG ratio of 2.11 and a beta of 1.03. ExlService has a 1-year low of $28.16 and a 1-year high of $52.43. The company has a quick ratio of 3.02, a current ratio of 3.02 and a debt-to-equity ratio of 0.37.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on EXLS. StockNews.com raised shares of ExlService from a “hold” rating to a “buy” rating in a research report on Sunday, February 2nd. Jefferies Financial Group increased their price objective on ExlService from $47.00 to $57.00 and gave the company a “buy” rating in a report on Tuesday, January 21st. Robert W. Baird boosted their price objective on shares of ExlService from $40.00 to $44.00 and gave the company a “neutral” rating in a research note on Thursday, October 31st. Finally, Needham & Company LLC increased their target price on ExlService from $50.00 to $60.00 and gave the stock a “buy” rating in a research note on Thursday. One investment analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $46.43.

Insider Activity

In other news, CFO Maurizio Nicolelli sold 13,753 shares of ExlService stock in a transaction dated Monday, January 27th. The stock was sold at an average price of $49.14, for a total transaction of $675,822.42. Following the sale, the chief financial officer now directly owns 194,440 shares of the company’s stock, valued at approximately $9,554,781.60. The trade was a 6.61 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Ajay Ayyappan sold 4,989 shares of the stock in a transaction dated Wednesday, February 19th. The shares were sold at an average price of $50.70, for a total value of $252,942.30. Following the completion of the transaction, the executive vice president now directly owns 40,986 shares of the company’s stock, valued at $2,077,990.20. This represents a 10.85 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 34,928 shares of company stock valued at $1,762,344. Company insiders own 4.16% of the company’s stock.

ExlService Company Profile

ExlService Holdings, Inc operates as a data analytics, and digital operations and solutions company in the United States and internationally. The company operates through Insurance, Healthcare, Analytics, and Emerging Business segments. It also provides digital operations and solutions and analytics-driven services, such as claims processing, premium and benefit administration, agency management, account reconciliation, policy research, underwriting support, new business acquisition, policy servicing, premium audit, surveys, billing and collection, commercial and residential survey, and customer service using digital technology, artificial intelligence, machine learning, and advanced automation; digital customer acquisition services using a software-as-a-service delivery model through LifePRO and LISS platforms; subrogation services; and Subrosource software platform, an end-to-end subrogation platform.