ExlService (NASDAQ:EXLS) Posts Earnings Results, Beats Estimates By $0.03 EPS

ExlService (NASDAQ:EXLS - Get Free Report) posted its quarterly earnings results on Tuesday. The business services provider reported $0.48 EPS for the quarter, beating the consensus estimate of $0.45 by $0.03, Briefing.com reports. The company had revenue of $501.02 million for the quarter, compared to analyst estimates of $489.66 million. ExlService had a net margin of 10.61% and a return on equity of 23.23%. The firm's revenue was up 14.8% on a year-over-year basis. During the same period in the prior year, the company earned $0.38 earnings per share. ExlService updated its FY 2025 guidance to 1.830-1.890 EPS.

ExlService Price Performance

Shares of EXLS traded up $0.56 during trading hours on Friday, hitting $46.87. 2,102,303 shares of the stock were exchanged, compared to its average volume of 1,023,252. The stock's 50-day moving average price is $45.89 and its two-hundred day moving average price is $46.10. The company has a debt-to-equity ratio of 0.37, a quick ratio of 3.02 and a current ratio of 3.02. The company has a market cap of $7.63 billion, a price-to-earnings ratio of 41.11, a price-to-earnings-growth ratio of 2.11 and a beta of 0.86. ExlService has a 12-month low of $28.59 and a 12-month high of $52.43.

Insiders Place Their Bets

In other ExlService news, EVP Ajay Ayyappan sold 16,186 shares of the business's stock in a transaction on Monday, February 10th. The stock was sold at an average price of $51.50, for a total transaction of $833,579.00. Following the transaction, the executive vice president now owns 40,986 shares of the company's stock, valued at approximately $2,110,779. The trade was a 28.31 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Anita Mahon sold 10,558 shares of the business's stock in a transaction dated Tuesday, March 11th. The shares were sold at an average price of $45.92, for a total transaction of $484,823.36. Following the transaction, the executive vice president now directly owns 94,443 shares in the company, valued at approximately $4,336,822.56. The trade was a 10.06 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 33,598 shares of company stock valued at $1,661,461 in the last 90 days. 4.16% of the stock is owned by insiders.

Wall Street Analyst Weigh In

EXLS has been the topic of several recent research reports. Jefferies Financial Group upped their price objective on ExlService from $47.00 to $57.00 and gave the stock a "buy" rating in a research report on Tuesday, January 21st. Needham & Company LLC lifted their price objective on shares of ExlService from $50.00 to $60.00 and gave the company a "buy" rating in a report on Thursday, February 27th. Stifel Nicolaus increased their target price on shares of ExlService from $48.00 to $54.00 and gave the stock a "buy" rating in a research note on Thursday, February 27th. StockNews.com cut ExlService from a "buy" rating to a "hold" rating in a report on Monday, April 14th. Finally, JPMorgan Chase & Co. boosted their price objective on ExlService from $52.00 to $53.00 and gave the company an "overweight" rating in a research report on Thursday. Two investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $50.57.

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.