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

Shares of ExlService Holdings, Inc. (NASDAQ:EXLS - Get Free Report) have been assigned a consensus rating of "Moderate Buy" from the seven analysts that are currently covering the firm, Marketbeat reports. One research analyst has rated the stock with a hold rating and six have issued a buy rating on the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $51.3333.

A number of brokerages have recently weighed in on EXLS. JPMorgan Chase & Co. lowered their price target on shares of ExlService from $56.00 to $52.00 and set an "overweight" rating for the company in a research report on Wednesday, August 20th. Weiss Ratings reissued a "buy (b-)" rating on shares of ExlService in a research note on Saturday, September 27th.

ExlService Trading Down 0.4%

Shares of EXLS opened at $42.35 on Wednesday. The firm's 50-day moving average price is $43.25 and its 200-day moving average price is $44.54. The firm has a market capitalization of $6.84 billion, a price-to-earnings ratio of 29.41, a PEG ratio of 1.94 and a beta of 0.86. The company has a current ratio of 3.15, a quick ratio of 3.15 and a debt-to-equity ratio of 0.24. ExlService has a 1-year low of $38.26 and a 1-year high of $52.43.

ExlService (NASDAQ:EXLS - Get Free Report) last announced its earnings results on Tuesday, July 29th. The business services provider reported $0.49 earnings per share for the quarter, beating analysts' consensus estimates of $0.45 by $0.04. The firm had revenue of $514.46 million for the quarter, compared to analyst estimates of $504.87 million. ExlService had a net margin of 12.00% and a return on equity of 25.38%. The company's revenue for the quarter was up 14.7% compared to the same quarter last year. 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. Sell-side analysts anticipate that ExlService will post 1.27 EPS for the current year.

Insider Buying and Selling

In related news, insider Vikas Bhalla sold 8,000 shares of the business's stock in a transaction dated Wednesday, September 10th. The shares were sold at an average price of $43.76, for a total transaction of $350,080.00. Following the sale, the insider owned 127,046 shares of the company's stock, valued at $5,559,532.96. The trade was a 5.92% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 4.04% of the stock is owned by insiders.

Institutional Investors Weigh In On ExlService

Several hedge funds have recently bought and sold shares of EXLS. Twin Peaks Wealth Advisors LLC bought a new stake in ExlService during the second quarter worth about $43,000. Whittier Trust Co. bought a new stake in ExlService during the first quarter worth about $45,000. Strategic Investment Solutions Inc. IL bought a new position in shares of ExlService in the first quarter worth approximately $77,000. Morse Asset Management Inc lifted its stake in shares of ExlService by 51.8% in the first quarter. Morse Asset Management Inc now owns 1,685 shares of the business services provider's stock worth $80,000 after buying an additional 575 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd lifted its stake in shares of ExlService by 25.7% in the first quarter. Caitong International Asset Management Co. Ltd now owns 1,803 shares of the business services provider's stock worth $85,000 after buying an additional 369 shares in the last quarter. Institutional investors own 92.92% of the company's stock.

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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