ExlService Holdings, Inc. (NASDAQ:EXLS) Receives Consensus Rating of "Moderate Buy" from Analysts

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 recommendation of "Moderate Buy" by the six brokerages that are currently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average 12-month target price among analysts that have covered the stock in the last year is $51.3333.

Several equities research analysts have recently weighed in on the company. Needham & Company LLC reaffirmed 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. decreased their target price on ExlService from $56.00 to $52.00 and set an "overweight" rating for the company in a research report on Wednesday, August 20th.

ExlService Trading Down 0.4%

NASDAQ:EXLS traded down $0.19 on Friday, hitting $42.38. 1,668,722 shares of the stock were exchanged, compared to its average volume of 1,182,467. The stock has a market cap of $6.84 billion, a PE ratio of 29.43, a PEG ratio of 1.94 and a beta of 0.84. The company has a current ratio of 3.15, a quick ratio of 3.15 and a debt-to-equity ratio of 0.24. The stock has a fifty day moving average of $43.02 and a 200-day moving average of $44.84. ExlService has a fifty-two week low of $36.02 and a fifty-two week high of $52.43.

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

Insider Buying and Selling at ExlService

In other news, insider Vikas Bhalla sold 8,000 shares of the company's stock in a transaction dated Wednesday, September 10th. The stock was sold at an average price of $43.76, for a total value of $350,080.00. Following the completion of the sale, the insider owned 127,046 shares of the company's stock, valued at $5,559,532.96. This represents a 5.92% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 4.04% of the stock is owned by insiders.

Institutional Investors Weigh In On ExlService

Several institutional investors and hedge funds have recently modified their holdings of EXLS. Invesco Ltd. boosted its holdings in ExlService by 193.6% in the second quarter. Invesco Ltd. now owns 4,645,745 shares of the business services provider's stock valued at $203,437,000 after purchasing an additional 3,063,510 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in ExlService by 40.8% in the first quarter. JPMorgan Chase & Co. now owns 6,704,937 shares of the business services provider's stock valued at $316,540,000 after purchasing an additional 1,943,471 shares during the last quarter. Nuveen LLC purchased a new position in ExlService in the first quarter valued at about $91,114,000. Schroder Investment Management Group purchased a new position in ExlService in the second quarter valued at about $60,415,000. Finally, Driehaus Capital Management LLC purchased a new position in ExlService in the first quarter valued at about $57,681,000. Hedge funds and other institutional investors own 92.92% 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.