ExlService - EXLS Stock Forecast, Price & News

ExlService Holdings, Inc. operates as a data analytics, and digital operations and solutions company in the United States and internationally. It operates through Insurance, Healthcare, Analytics, and Emerging Business segments. The company provides digital operations and solutions and analytics-driven services across the insurance industry in areas, 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. It also offers CareRadius, an integrated care management offering; and health care services related to care management, utilization management, disease management, payment integrity, revenue optimization and customer engagement to healthcare payers, providers, pharmacy benefit managers, and life sciences organizations. Further, it offers predictive and prescriptive analytics in the areas of customer acquisition and lifecycle management, risk underwriting and pricing, operational effectiveness, credit and operational risk monitoring and governance, payment integrity and care management, and data management. The company was founded in 1999 and is headquartered in New York, New York.

Analysts Set New Price Targets

EXLS has been the topic of several recent research reports. Cowen increased their price objective on ExlService from $155.00 to $170.00 in a research report on Friday, July 29th. StockNews.com upgraded ExlService from a "hold" rating to a "buy" rating in a research note on Monday, August 1st. JPMorgan Chase & Co. raised ExlService from a "neutral" rating to an "overweight" rating in a report on Thursday, July 28th. Cowen upped their price objective on shares of ExlService from $155.00 to $170.00 in a research report on Friday, July 29th. Finally, Needham & Company LLC upgraded shares of ExlService from a "hold" rating to a "buy" rating and set a $190.00 target price for the company in a research report on Friday, July 29th. One analyst has rated the stock with a sell rating and six have assigned a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $159.83.

ExlService Price Performance

EXLS Stock traded down $0.34 during trading on Friday, reaching $177.43. 100 shares of the company were exchanged, compared to its average volume of 228,701. The company has a market capitalization of $5.87 billion, a price-to-earnings ratio of 47.66, a P/E/G ratio of 2.97 and a beta of 0.93. The company has a debt-to-equity ratio of 0.36, a current ratio of 2.11 and a quick ratio of 2.11. The company has a 50-day moving average of $153.42 and a two-hundred day moving average of $140.76. ExlService has a twelve month low of $112.14 and a twelve month high of $179.81.

ExlService (NASDAQ:EXLS - Get Rating) last announced its quarterly earnings results on Thursday, July 28th. The business services provider reported $1.50 EPS for the quarter, beating analysts' consensus estimates of $1.32 by $0.18. The company had revenue of $346.78 million during the quarter, compared to analysts' expectations of $329.60 million. ExlService had a return on equity of 21.78% and a net margin of 10.05%. ExlService's revenue was up 26.1% compared to the same quarter last year. During the same period in the prior year, the company earned $0.90 EPS. As a group, equities analysts predict that ExlService will post 4.62 earnings per share for the current fiscal year.

Insider Activity at ExlService

In other news, EVP Vikas Bhalla sold 3,588 shares of the business's stock in a transaction dated Thursday, July 28th. The stock was sold at an average price of $149.90, for a total value of $537,841.20. Following the transaction, the executive vice president now directly owns 13,275 shares of the company's stock, valued at approximately $1,989,922.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other ExlService news, Director Garen K. Staglin sold 2,500 shares of the firm's stock in a transaction on Thursday, June 9th. The shares were sold at an average price of $148.04, for a total value of $370,100.00. Following the completion of the sale, the director now directly owns 28,174 shares in the company, valued at $4,170,878.96. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Vikas Bhalla sold 3,588 shares of the stock in a transaction dated Thursday, July 28th. The stock was sold at an average price of $149.90, for a total transaction of $537,841.20. Following the transaction, the executive vice president now directly owns 13,275 shares in the company, valued at approximately $1,989,922.50. The disclosure for this sale can be found here. 3.51% of the stock is owned by company insiders.