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

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

ExlService Stock Performance

ExlService stock opened at $44.98 on Wednesday. The firm has a fifty day simple moving average of $45.96 and a two-hundred day simple moving average of $45.91. The company has a quick ratio of 3.02, a current ratio of 3.02 and a debt-to-equity ratio of 0.37. ExlService has a twelve month low of $28.59 and a twelve month high of $52.43. The company has a market capitalization of $7.30 billion, a PE ratio of 39.46, a P/E/G ratio of 2.11 and a beta of 0.91.

Insider Activity

In other news, EVP Anita Mahon sold 10,558 shares of the stock in a transaction that occurred on Tuesday, March 11th. The stock was sold at an average price of $45.92, for a total transaction of $484,823.36. Following the completion of the sale, the executive vice president now owns 94,443 shares of the company's stock, valued at approximately $4,336,822.56. This represents a 10.06 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Ajay Ayyappan sold 4,989 shares of the stock in a transaction on Wednesday, February 19th. The shares were sold at an average price of $50.70, for a total transaction of $252,942.30. Following the sale, the executive vice president now directly owns 40,986 shares of the company's stock, valued at $2,077,990.20. The trade was a 10.85 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 33,598 shares of company stock valued at $1,661,461. 4.16% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the stock. Stifel Nicolaus upped their target price on shares of ExlService from $48.00 to $54.00 and gave the stock a "buy" rating in a report on Thursday, February 27th. Needham & Company LLC lifted their price objective on ExlService from $50.00 to $60.00 and gave the company 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, Jefferies Financial Group boosted their price objective on ExlService from $47.00 to $57.00 and gave the stock a "buy" rating in a report on Tuesday, January 21st. Two analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $48.86.

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.