ExlService (NASDAQ:EXLS) Releases Earnings Results

Key Points

• ExlService reported $0.41 EPS for the quarter, missing analysts' expectations of $0.45 EPS by $0.04.
• The company updated its fiscal year 2025 guidance to an EPS range of $1.860-1.900.
• Despite the earnings miss, several analysts, including Needham & Company, have reissued a "buy" rating for ExlService with price targets up to $55.00.

ExlService (NASDAQ:EXLS - Get Free Report) posted its quarterly earnings data on Tuesday. The business services provider reported $0.49 earnings per share for the quarter, topping the consensus estimate of $0.45 by $0.04, Briefing.com reports. The firm had revenue of $514.46 million for the quarter, compared to analysts' expectations of $504.87 million. ExlService had a return on equity of 25.38% and a net margin of 12.00%. The company's quarterly revenue was up 14.7% compared to the same quarter last year. During the same quarter last year, the business earned $0.40 EPS. ExlService updated its FY 2025 guidance to 1.860-1.900 EPS.

ExlService Price Performance

Shares of NASDAQ EXLS traded down $0.65 during mid-day trading on Friday, reaching $42.78. The company had a trading volume of 507,547 shares, compared to its average volume of 1,646,341. The company has a debt-to-equity ratio of 0.24, a quick ratio of 3.41 and a current ratio of 3.15. ExlService has a one year low of $31.87 and a one year high of $52.43. The firm has a market cap of $6.96 billion, a price-to-earnings ratio of 29.67, a PEG ratio of 1.95 and a beta of 0.80. The business's 50-day simple moving average is $44.83 and its 200 day simple moving average is $46.38.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on EXLS. Wall Street Zen upgraded ExlService from a "hold" rating to a "buy" rating in a research report 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. raised their price target on ExlService from $52.00 to $53.00 and gave the stock an "overweight" rating in a research report on Thursday, May 1st. One equities research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat.com, ExlService has a consensus rating of "Moderate Buy" and a consensus target price of $51.50.

Insider Transactions at ExlService

In other ExlService news, insider Vikas Bhalla sold 25,000 shares of the business's stock in a transaction dated Thursday, May 8th. The stock was sold at an average price of $46.11, for a total transaction of $1,152,750.00. Following the completion of the transaction, the insider owned 135,046 shares of the company's stock, valued at approximately $6,226,971.06. The trade was a 15.62% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 4.04% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Empowered Funds LLC raised its stake in ExlService by 277.7% during the first quarter. Empowered Funds LLC now owns 17,384 shares of the business services provider's stock worth $821,000 after acquiring an additional 12,781 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in ExlService by 4.1% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 497,474 shares of the business services provider's stock valued at $23,486,000 after acquiring an additional 19,769 shares during the last quarter. Finally, Jane Street Group LLC bought a new stake in ExlService in the first quarter valued at approximately $10,084,000. Institutional investors and hedge funds own 92.92% of the company's stock.

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.