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NASDAQ:XELA

Exela Technologies (XELA) Stock Price, News & Analysis

Exela Technologies logo
$1.92
-0.01 (-0.52%)
(As of 10/31/2024 ET)

About Exela Technologies Stock (NASDAQ:XELA)

Key Stats

Today's Range
$1.91
$1.96
50-Day Range
$1.92
$2.26
52-Week Range
$1.83
$4.34
Volume
62,137 shs
Average Volume
141,389 shs
Market Capitalization
$12.22 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
N/A

Company Overview

Exela Technologies Inc is a global leader in business process automation and information management solutions. The company is headquartered in Irving, Texas, was founded in 2017 and operates in over 50 countries. Exela helps its clients to streamline their business operations, reduce costs and improve customer engagement through its proprietary platform and suite of solutions.

The company's services include document management, payment processing, human resources management and customer care. Exela's clients come from diverse industries, including healthcare, finance, insurance and government.

Exela has been recognized for its excellence in information management, having won numerous awards for its innovative solutions. The company was named a "Leader" in the Gartner Magic Quadrant for Intelligent Business Process Management Suites in 2020.

Exela's leadership team comprises experienced professionals with a wealth of knowledge in business process automation and information management knowledge. Ron Cogburn serves as the company's CEO and Chairman of the Board. Cogburn has over 30 years of experience in the technology industry and has held leadership positions at several successful companies. He is committed to driving innovation and growth at Exela.

Exela Technologies Inc has seen steady revenue over the past few years, with revenues ranging between $250 million and $300 million. Exela's profit margins have remained relatively stable over the past few years, with average gross margins of 35.5% and a net margin averaging around -10%. The company's debt levels have decreased slightly over the past several years, insinuating an effort to pay down liabilities. However, it is essential to note that Exela Technologies' price-to-earnings ratio and price-to-book ratios are significantly lower than the industry averages. Exela's stock price has experienced significant volatility over the past few years. The company's trading volume has also been extremely high, with an average of 190 million shares traded daily over the past several years.

Exela operates in the highly competitive business process automation and information management field. The industry is driven by technological advancements and growing demand for more efficient and cost-effective business solutions.

Exela's competitors include large technology companies such as IBM, Accenture, DXC Technology and smaller, specialized firms. The industry is also subject to regulatory and political pressures, particularly data privacy and security issues.

Exela Technologies Inc has several growth opportunities, including expanding its product offerings and entering new markets. The company has recently launched several new solutions, including Digital Mailroom and Workflow Automation, which have received positive customer feedback.

Exela is also exploring opportunities to expand into new markets, particularly in Asia and Europe. The company has established partnerships with several leading technology firms to support its expansion efforts, including a recent collaboration with Infosys to develop solutions for the insurance industry.

In addition, Exela has made several strategic acquisitions in recent years to enhance its capabilities and expand its customer base. In 2020, the company acquired Asterion, a provider of secure data management solutions and in 2019, it received Conduent's commercial healthcare provider solutions business.

Like any company, Exela Technologies Inc faces several risks and challenges that could impact its performance. One of the biggest challenges for the company is the competitive nature of the industry. Exela competes with both large technology companies and smaller, specialized firms and must continue to innovate to stay ahead.

Another challenge for Exela is the ongoing regulatory and political pressure around data privacy and security issues. The company must ensure that its solutions comply with relevant regulations and is prepared to respond to any regulation changes.

Exela must continue to adapt to changing customer preferences and market conditions. The COVID-19 pandemic, for example, accelerated the shift to remote work and digital solutions, which could impact the demand for some of Exela's services.

Exela Technologies Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
1st Percentile Overall Score

XELA MarketRank™: 

Exela Technologies scored higher than 1% of companies evaluated by MarketBeat, and ranked 337th out of 337 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Exela Technologies is -0.23, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Exela Technologies is -0.23, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Read more about Exela Technologies' valuation and earnings.
  • Percentage of Shares Shorted

    12.36% of the float of Exela Technologies has been sold short.
  • Short Interest Ratio / Days to Cover

    Exela Technologies has a short interest ratio ("days to cover") of 15.7, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in Exela Technologies has recently increased by 0.84%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    Exela Technologies does not currently pay a dividend.

  • Dividend Growth

    Exela Technologies does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    12.36% of the float of Exela Technologies has been sold short.
  • Short Interest Ratio / Days to Cover

    Exela Technologies has a short interest ratio ("days to cover") of 15.7, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in Exela Technologies has recently increased by 0.84%, indicating that investor sentiment is decreasing.
  • News Sentiment

    Exela Technologies has a news sentiment score of 0.37. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.59 average news sentiment score of Business Services companies.
  • News Coverage This Week

    MarketBeat has tracked 3 news articles for Exela Technologies this week, compared to 0 articles on an average week.
  • Search Interest

    3 people have searched for XELA on MarketBeat in the last 30 days.
  • MarketBeat Follows

    7 people have added Exela Technologies to their MarketBeat watchlist in the last 30 days. This is an increase of 133% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Exela Technologies insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 0.07% of the stock of Exela Technologies is held by insiders.

  • Percentage Held by Institutions

    Only 16.33% of the stock of Exela Technologies is held by institutions.

  • Read more about Exela Technologies' insider trading history.
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XELA Stock News Headlines

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XELA Stock Analysis - Frequently Asked Questions

Exela Technologies' stock was trading at $3.36 at the beginning of the year. Since then, XELA shares have decreased by 42.9% and is now trading at $1.9199.
View the best growth stocks for 2024 here
.

Exela Technologies, Inc. (NASDAQ:XELA) announced its quarterly earnings results on Wednesday, August, 14th. The company reported ($4.40) EPS for the quarter. The firm had revenue of $245.65 million for the quarter.

Exela Technologies shares reverse split on Monday, May 15th 2023. The 1-200 reverse split was announced on Monday, May 15th 2023. The number of shares owned by shareholders was adjusted after the closing bell on Monday, May 15th 2023. An investor that had 100 shares of stock prior to the reverse split would have 1 shares after the split.

Shares of XELA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Exela Technologies investors own include Zomedica (ZOM), Jumia Technologies (JMIA), Meta Platforms (META), NIO (NIO), Nano Dimension (NNDM), Phunware (PHUN) and Ford Motor (F).

Company Calendar

Last Earnings
8/14/2024
Today
10/31/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
1/03/2025

Industry, Sector and Symbol

Industry
Business services, not elsewhere classified
Sub-Industry
N/A
Current Symbol
NASDAQ:XELA
Fax
N/A
Employees
14,100
Year Founded
N/A

Profitability

Net Income
$-125,160,000.00
Pretax Margin
-8.98%

Debt

Sales & Book Value

Annual Sales
$1.02 billion
Book Value
($134.92) per share

Miscellaneous

Free Float
6,361,000
Market Cap
$12.22 million
Optionable
Optionable
Beta
1.86
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This page (NASDAQ:XELA) was last updated on 10/31/2024 by MarketBeat.com Staff
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