ExlService Holdings, Inc. (NASDAQ:EXLS) Given Average Rating of "Moderate Buy" by Brokerages

Key Points

• ExlService Holdings, Inc. has received an average broker rating of "Moderate Buy", with one hold and five buy recommendations among the six analysts covering the stock.
• The company's latest earnings report showed $0.49 earnings per share, exceeding the consensus estimate of $0.45, with a revenue of $514.46 million for the quarter.
• Insider Vikas Bhalla sold 8,000 shares at an average price of $43.76, indicating a 5.92% decrease in their ownership of the stock.

Shares of ExlService Holdings, Inc. (NASDAQ:EXLS - Get Free Report) have been given an average rating of "Moderate Buy" by the six analysts that are currently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 1 year price target among brokerages that have covered the stock in the last year is $51.3333.

Several research firms have recently weighed in on EXLS. Needham & Company LLC reissued a "buy" rating and issued a $55.00 target price on shares of ExlService in a research report on Tuesday, June 3rd. JPMorgan Chase & Co. lowered their price objective on shares of ExlService from $56.00 to $52.00 and set an "overweight" rating on the stock in a research report on Wednesday, August 20th.

Insider Buying and Selling

In related news, insider Vikas Bhalla sold 8,000 shares of the business's stock in a transaction that occurred on Wednesday, September 10th. The shares were sold at an average price of $43.76, for a total transaction of $350,080.00. Following the transaction, the insider directly owned 127,046 shares of the company's stock, valued at approximately $5,559,532.96. The trade was a 5.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 4.04% of the company's stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in EXLS. Twin Peaks Wealth Advisors LLC purchased a new position in ExlService during the second quarter valued at approximately $43,000. Whittier Trust Co. bought a new stake in ExlService in the first quarter worth approximately $45,000. Strategic Investment Solutions Inc. IL acquired a new position in shares of ExlService during the 1st quarter worth $77,000. Morse Asset Management Inc increased its stake in shares of ExlService by 51.8% during the 1st quarter. Morse Asset Management Inc now owns 1,685 shares of the business services provider's stock worth $80,000 after purchasing an additional 575 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd increased its stake in shares of ExlService by 25.7% during the 1st quarter. Caitong International Asset Management Co. Ltd now owns 1,803 shares of the business services provider's stock worth $85,000 after purchasing an additional 369 shares during the last quarter. 92.92% of the stock is owned by hedge funds and other institutional investors.

ExlService Stock Performance

ExlService stock opened at $43.59 on Friday. The firm's 50 day simple moving average is $43.23 and its 200-day simple moving average is $45.00. The company has a market cap of $7.04 billion, a P/E ratio of 30.27, a price-to-earnings-growth ratio of 1.95 and a beta of 0.84. The company has a debt-to-equity ratio of 0.24, a current ratio of 3.15 and a quick ratio of 3.15. ExlService has a fifty-two week low of $35.76 and a fifty-two week high of $52.43.

ExlService (NASDAQ:EXLS - Get Free Report) last released its earnings results on Tuesday, July 29th. The business services provider reported $0.49 earnings per share for the quarter, topping the consensus estimate of $0.45 by $0.04. The business had revenue of $514.46 million for the quarter, compared to the consensus estimate of $504.87 million. ExlService had a net margin of 12.00% and a return on equity of 25.38%. The firm's quarterly revenue was up 14.7% compared to the same quarter last year. During the same period last year, the firm posted $0.40 earnings per share. ExlService has set its FY 2025 guidance at 1.860-1.900 EPS. As a group, equities research analysts predict that ExlService will post 1.27 EPS for the current year.

About ExlService

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.

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