ExlService (EXLS) Scheduled to Post Earnings on Thursday

ExlService (NASDAQ:EXLS - Get Free Report) is scheduled to release its earnings data before the market opens on Thursday, May 2nd. Analysts expect ExlService to post earnings of $0.36 per share for the quarter. ExlService has set its FY 2024 guidance at 1.560-1.620 EPS and its FY24 guidance at $1.56-1.62 EPS.Persons that wish to register for the company's earnings conference call can do so using this link.

ExlService (NASDAQ:EXLS - Get Free Report) last released its earnings results on Thursday, February 29th. The business services provider reported $0.26 earnings per share for the quarter, missing analysts' consensus estimates of $0.27 by ($0.01). The business had revenue of $414.06 million during the quarter, compared to the consensus estimate of $408.56 million. ExlService had a net margin of 11.32% and a return on equity of 22.83%. On average, analysts expect ExlService to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

ExlService Stock Down 0.9 %

ExlService stock traded down $0.26 during mid-day trading on Thursday, reaching $29.31. The company's stock had a trading volume of 1,181,164 shares, compared to its average volume of 966,903. The company has a market capitalization of $4.86 billion, a price-to-earnings ratio of 26.79, a price-to-earnings-growth ratio of 1.55 and a beta of 0.97. ExlService has a 12 month low of $25.17 and a 12 month high of $35.94. The business's 50 day simple moving average is $30.70 and its 200 day simple moving average is $29.83. The company has a debt-to-equity ratio of 0.15, a quick ratio of 2.08 and a current ratio of 2.08.

Insider Transactions at ExlService

In other news, EVP Ajay Ayyappan sold 9,259 shares of the firm's stock in a transaction dated Tuesday, March 12th. The shares were sold at an average price of $31.59, for a total transaction of $292,491.81. Following the completion of the sale, the executive vice president now owns 50,693 shares in the company, valued at approximately $1,601,391.87. The transaction was disclosed in a filing with the SEC, which is accessible through this link. In related news, EVP Vikas Bhalla sold 23,760 shares of the firm's stock in a transaction dated Wednesday, March 6th. The shares were sold at an average price of $31.51, for a total transaction of $748,677.60. Following the transaction, the executive vice president now directly owns 127,046 shares of the company's stock, valued at $4,003,219.46. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Ajay Ayyappan sold 9,259 shares of the firm's stock in a transaction dated Tuesday, March 12th. The stock was sold at an average price of $31.59, for a total transaction of $292,491.81. Following the transaction, the executive vice president now directly owns 50,693 shares in the company, valued at $1,601,391.87. The disclosure for this sale can be found here. 3.75% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of research firms recently weighed in on EXLS. Needham & Company LLC reaffirmed a "buy" rating and issued a $40.00 target price on shares of ExlService in a research report on Friday, March 1st. Citigroup cut their price target on shares of ExlService from $38.00 to $37.00 and set a "buy" rating for the company in a research note on Monday. StockNews.com cut shares of ExlService from a "buy" rating to a "hold" rating in a research note on Thursday, February 29th. Finally, TD Cowen increased their price target on shares of ExlService from $36.00 to $37.00 and gave the company an "outperform" rating in a research note on Tuesday, April 2nd. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, ExlService currently has a consensus rating of "Moderate Buy" and a consensus target price of $36.14.

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.