ExlService Holdings, Inc. (NASDAQ:EXLS) Stock Rated "Moderate Buy" by Wall Street Analysts

Key Points

• ExlService has a “Moderate Buy” consensus rating from seven analysts, with six buys and one hold. The average 12-month price target is $44.50, compared with the reported share price of $39.51.
• The company exceeded quarterly expectations, reporting $0.59 in EPS versus the $0.55 consensus estimate and $594.76 million in revenue versus $573.94 million expected. Revenue increased 15.6% year over year.
• Institutional investors own 92.92% of ExlService, with BlackRock and several major banks initiating sizable positions during the second quarter. An insider separately sold 11,000 shares under a pre-arranged Rule 10b5-1 plan.

ExlService Holdings, Inc. (NASDAQ:EXLS - Get Free Report) has been given a consensus rating of "Moderate Buy" by the seven analysts that are covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $44.50.

A number of research firms have weighed in on EXLS. Robert W. Baird set a $45.00 target price on ExlService and gave the stock an "outperform" rating in a report on Thursday, July 30th. Barrington Research set a $43.00 target price on ExlService in a research note on Thursday, July 30th. Needham & Company LLC raised their target price on ExlService from $40.00 to $45.00 and gave the company a "buy" rating in a research note on Wednesday, July 29th. Wall Street Zen upgraded ExlService from a "hold" rating to a "buy" rating in a research report on Saturday, September 26th. Finally, TD Cowen restated a "buy" rating and set a $45.00 price target (up from $43.00) on shares of ExlService in a research report on Thursday, August 27th.

Insider Transactions at ExlService

In other ExlService news, insider Vikas Bhalla sold 11,000 shares of the firm's stock in a transaction on Thursday, October 1st. The stock was sold at an average price of $35.38, for a total transaction of $389,180.00. Following the completion of the transaction, the insider owned 109,295 shares of the company's stock, 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 filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 3.66% of the company's stock.

Institutional Trading of ExlService

A number of hedge funds have recently modified their holdings of the business. BlackRock Inc. bought a new position in shares of ExlService in the second quarter worth approximately $488,370,000. Bank of America Corp DE purchased a new stake in shares of ExlService during the second quarter valued at approximately $48,189,000. Bank of New York Mellon Corp purchased a new stake in shares of ExlService during the second quarter valued at approximately $25,214,000. Deutsche Bank AG bought a new stake in shares of ExlService during the second quarter valued at approximately $19,355,000. Finally, Bank of Nova Scotia bought a new stake in shares of ExlService during the second quarter valued at approximately $17,821,000. Institutional investors own 92.92% of the company's stock.

ExlService Trading Up 1.0%

NASDAQ:EXLS opened at $39.51 on Friday. The company has a 50-day moving average price of $36.18 and a 200-day moving average price of $31.81. The stock has a market cap of $5.99 billion, a price-to-earnings ratio of 24.85, a P/E/G ratio of 1.59 and a beta of 0.84. ExlService has a 12 month low of $24.85 and a 12 month high of $43.88.

ExlService (NASDAQ:EXLS - Get Free Report) last released its quarterly earnings results on Tuesday, July 28th. The business services provider reported $0.59 earnings per share (EPS) for the quarter, topping 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 during the quarter, compared to the consensus estimate of $573.94 million. During the same period in the prior year, the firm earned $0.49 earnings per share. ExlService's revenue was up 15.6% on a year-over-year basis. ExlService has set its FY 2026 guidance at 2.250-2.290 EPS. Equities analysts forecast that ExlService will post 1.82 EPS for the current fiscal year.

ExlService Company Profile

ExlService Holdings, Inc NASDAQ: EXLS, commonly known as EXL, is a data analytics and digital operations company that helps organizations use data, artificial intelligence and technology to improve business performance. The company combines analytics, digital transformation and business process expertise to support decision-making, streamline operations and manage complex workflows.

EXL provides services and technology solutions across areas including insurance, healthcare, banking and capital markets, retail and consumer goods, utilities, media, travel and transportation.

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