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

Key Points

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Shares of ExlService Holdings, Inc. (NASDAQ:EXLS - Get Free Report) have received a consensus recommendation of "Moderate Buy" from the six ratings firms that are covering the firm, MarketBeat reports. One analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $51.50.

A number of research analysts recently commented on the stock. Wall Street Zen upgraded shares of ExlService from a "hold" rating to a "buy" rating in a research note on Friday, May 9th. Needham & Company LLC restated a "buy" rating and issued a $55.00 price target on shares of ExlService in a research report on Tuesday, June 3rd. Finally, JPMorgan Chase & Co. lifted their price target on shares of ExlService from $52.00 to $53.00 and gave the stock an "overweight" rating in a research report on Thursday, May 1st.

Hedge Funds Weigh In On ExlService

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Twin Peaks Wealth Advisors LLC purchased a new position in ExlService during the 2nd quarter worth approximately $43,000. Whittier Trust Co. purchased a new position in ExlService during the 1st quarter worth approximately $45,000. Morse Asset Management Inc purchased a new position in shares of ExlService during the 4th quarter valued at $49,000. Strategic Investment Solutions Inc. IL purchased a new position in shares of ExlService during the 1st quarter valued at $77,000. Finally, Johnson Financial Group Inc. purchased a new position in shares of ExlService during the 4th quarter valued at $85,000. 92.92% of the stock is currently owned by hedge funds and other institutional investors.

ExlService Price Performance

NASDAQ EXLS opened at $43.18 on Tuesday. ExlService has a 12 month low of $35.06 and a 12 month high of $52.43. The company has a debt-to-equity ratio of 0.24, a current ratio of 3.15 and a quick ratio of 3.15. The firm has a market capitalization of $6.97 billion, a PE ratio of 29.99, a P/E/G ratio of 1.87 and a beta of 0.81. The company's 50 day simple moving average is $43.88 and its 200 day simple moving average is $45.83.

ExlService (NASDAQ:EXLS - Get Free Report) last posted its quarterly earnings data on Tuesday, July 29th. The business services provider reported $0.49 EPS for the quarter, beating analysts' consensus estimates of $0.45 by $0.04. ExlService had a net margin of 12.00% and a return on equity of 25.38%. The business had revenue of $514.46 million for the quarter, compared to analyst estimates of $504.87 million. During the same quarter last year, the business earned $0.40 earnings per share. The business's revenue for the quarter was up 14.7% on a year-over-year basis. As a group, equities research analysts forecast that ExlService will post 1.27 EPS for the current fiscal year.

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.

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