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

Key Points

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ExlService Holdings, Inc. (NASDAQ:EXLS - Get Free Report) has been given a consensus recommendation of "Moderate Buy" by the six brokerages that are covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12 month target price among analysts that have covered the stock in the last year is $51.3333.

EXLS has been the topic of a number of research reports. Wall Street Zen raised shares of ExlService from a "hold" rating to a "buy" rating in a report on Friday, May 9th. JPMorgan Chase & Co. lowered their price target on shares of ExlService from $56.00 to $52.00 and set an "overweight" rating on the stock in a report on Wednesday. Finally, Needham & Company LLC reaffirmed a "buy" rating and issued a $55.00 price target on shares of ExlService in a report on Tuesday, June 3rd.

Institutional Investors Weigh In On ExlService

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Securian Asset Management Inc. raised its holdings in ExlService by 1.9% during the 2nd quarter. Securian Asset Management Inc. now owns 12,390 shares of the business services provider's stock valued at $543,000 after acquiring an additional 228 shares during the period. Balboa Wealth Partners raised its holdings in ExlService by 5.0% during the 1st quarter. Balboa Wealth Partners now owns 5,140 shares of the business services provider's stock valued at $243,000 after acquiring an additional 244 shares during the period. Huntington National Bank raised its holdings in ExlService by 14.4% during the 2nd quarter. Huntington National Bank now owns 1,953 shares of the business services provider's stock valued at $86,000 after acquiring an additional 246 shares during the period. Blue Trust Inc. raised its holdings in ExlService by 6.9% during the 2nd quarter. Blue Trust Inc. now owns 3,914 shares of the business services provider's stock valued at $171,000 after acquiring an additional 254 shares during the period. Finally, Xponance Inc. raised its holdings in ExlService by 1.2% during the 1st quarter. Xponance Inc. now owns 23,630 shares of the business services provider's stock valued at $1,116,000 after acquiring an additional 270 shares during the period. Institutional investors own 92.92% of the company's stock.

ExlService Stock Performance

Shares of NASDAQ:EXLS traded up $0.40 during mid-day trading on Tuesday, reaching $44.05. The company had a trading volume of 861,396 shares, compared to its average volume of 1,736,773. 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 firm has a market cap of $7.11 billion, a price-to-earnings ratio of 30.59, a PEG ratio of 1.95 and a beta of 0.81. The company's 50-day moving average price is $43.55 and its 200-day moving average price is $45.66. ExlService has a one year low of $35.16 and a one year high of $52.43.

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