ExlService Holdings, Inc. (NASDAQ:EXLS) Stock Has Average Target Price of $44.50 According to Analysts

Shares of ExlService Holdings, Inc. (NASDAQ:EXLS) have been given an average rating of “Moderate Buy” by the seven analysts that are currently covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $44.50.

EXLS has been the subject of a number of recent analyst 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 report on Wednesday, July 29th. TD Cowen reiterated a “buy” rating and issued a $45.00 price objective (up from $43.00) on shares of ExlService in a report on Thursday, August 27th. Wall Street Zen raised shares of ExlService from a “hold” rating to a “buy” rating in a research report on Saturday. Robert W. Baird set a $45.00 target price on ExlService and gave the company an “outperform” rating in a research note on Thursday, July 30th. Finally, Weiss Ratings raised ExlService from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, September 2nd.

ExlService Trading Down 0.1%

Shares of EXLS stock opened at $34.58 on Wednesday. The company has a market cap of $5.24 billion, a PE ratio of 21.75, a P/E/G ratio of 1.39 and a beta of 0.81. The company’s fifty day simple moving average is $34.97 and its 200-day simple moving average is $31.24. ExlService has a 52 week low of $24.85 and a 52 week high of $44.15.

ExlService (NASDAQ:EXLS) last posted its earnings results on Tuesday, July 28th. The business services provider reported $0.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.55 by $0.04. The business had revenue of $594.76 million during the quarter, compared to analyst estimates of $573.94 million. ExlService had a return on equity of 30.61% and a net margin of 11.17%.The company’s revenue for the quarter was up 15.6% compared to the same quarter last year. During the same quarter last year, the firm earned $0.49 earnings per share. ExlService has set its FY 2026 guidance at 2.250-2.290 EPS. Equities research analysts expect that ExlService will post 1.82 EPS for the current fiscal year.

Insider Buying and Selling

In other ExlService news, insider Vikas Bhalla sold 11,000 shares of the firm’s stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $34.99, for a total transaction of $384,890.00. Following the completion of the sale, the insider owned 130,295 shares in the company, valued at $4,559,022.05. This trade represents a 7.79% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 3.66% of the company’s stock.

Hedge Funds Weigh In On ExlService

Institutional investors and hedge funds have recently made changes to their positions in the business. QRG Capital Management Inc. increased its stake in shares of ExlService by 3.2% in the second quarter. QRG Capital Management Inc. now owns 14,604 shares of the business services provider’s stock worth $378,000 after buying an additional 447 shares during the last quarter. Sequoia Financial Advisors LLC increased its position in shares of ExlService by 9.5% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 7,791 shares of the business services provider’s stock worth $201,000 after purchasing an additional 676 shares during the last quarter. Tidal Investments LLC bought a new stake in shares of ExlService in the 2nd quarter worth about $512,000. Squarepoint Ops LLC raised its stake in shares of ExlService by 85.0% in the 2nd quarter. Squarepoint Ops LLC now owns 201,805 shares of the business services provider’s stock valued at $5,219,000 after purchasing an additional 92,697 shares in the last quarter. Finally, Nykredit A S acquired a new stake in shares of ExlService in the 2nd quarter valued at about $130,000. 92.92% of the stock is currently owned by hedge funds and other institutional investors.

About ExlService

ExlService Holdings, Inc (NASDAQ: EXLS), operating as EXL, is a global data analytics and digital operations company. It helps businesses use data, artificial intelligence and automation to improve decision-making, streamline processes and enhance customer experiences.

EXL provides services including advanced analytics, artificial intelligence, digital transformation, business process management, finance and accounting, customer care, claims administration, underwriting support and other industry-specific operations.