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S&P 500   4,282.37
DOW   33,762.76
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15 A.I. Trading Opportunities a Day (Ad)
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15 A.I. Trading Opportunities a Day (Ad)
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Zscaler: Analysts Raise the Bar for the AI Cloud Security Company
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Opera Stock: The Fast-Rising Star of AI-Driven Web Experiences
15 A.I. Trading Opportunities a Day (Ad)
What Should Investors Make of These 3 Dividend Cuts?
Symbotic AI Robots Disrupt Warehouse Industry, Stock Price Soars
15 A.I. Trading Opportunities a Day (Ad)
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15 A.I. Trading Opportunities a Day (Ad)
Salesforce: Time to Snap it Up as the Market Buys the Dip?
Zscaler: Analysts Raise the Bar for the AI Cloud Security Company
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Opera Stock: The Fast-Rising Star of AI-Driven Web Experiences
15 A.I. Trading Opportunities a Day (Ad)
What Should Investors Make of These 3 Dividend Cuts?
Symbotic AI Robots Disrupt Warehouse Industry, Stock Price Soars
15 A.I. Trading Opportunities a Day (Ad)
CrowdStrike: Another Tech Stock to Buy on the Dip 
Broadcom Stock Pulls into the Buy Zone: Analysts Raise Targets
15 A.I. Trading Opportunities a Day (Ad)
Salesforce: Time to Snap it Up as the Market Buys the Dip?
Zscaler: Analysts Raise the Bar for the AI Cloud Security Company
NASDAQ:XELA

Exela Technologies (XELA) Stock Forecast, Price & News

$5.26
+0.03 (+0.57%)
(As of 06/2/2023 ET)
Compare
Today's Range
$5.02
$5.35
50-Day Range
$4.00
$616.00
52-Week Range
$2.62
$928.00
Volume
554,208 shs
Average Volume
1.92 million shs
Market Capitalization
$33.51 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A

XELA stock logo

About Exela Technologies (NASDAQ:XELA) Stock

Exela Technologies Inc is a global leader in business process automation and information management solutions. The company is headquartered in Irving, Texas, was founded in 2017 and operates in over 50 countries. Exela helps its clients to streamline their business operations, reduce costs and improve customer engagement through its proprietary platform and suite of solutions.

The company's services include document management, payment processing, human resources management and customer care. Exela's clients come from diverse industries, including healthcare, finance, insurance and government.

Exela has been recognized for its excellence in information management, having won numerous awards for its innovative solutions. The company was named a "Leader" in the Gartner Magic Quadrant for Intelligent Business Process Management Suites in 2020.

Exela's leadership team comprises experienced professionals with a wealth of knowledge in business process automation and information management knowledge. Ron Cogburn serves as the company's CEO and Chairman of the Board. Cogburn has over 30 years of experience in the technology industry and has held leadership positions at several successful companies. He is committed to driving innovation and growth at Exela.

Exela Technologies Inc has seen steady revenue over the past few years, with revenues ranging between $250 million and $300 million. Exela's profit margins have remained relatively stable over the past few years, with average gross margins of 35.5% and a net margin averaging around -10%. The company's debt levels have decreased slightly over the past several years, insinuating an effort to pay down liabilities. However, it is essential to note that Exela Technologies' price-to-earnings ratio and price-to-book ratios are significantly lower than the industry averages. Exela's stock price has experienced significant volatility over the past few years. The company's trading volume has also been extremely high, with an average of 190 million shares traded daily over the past several years.

Exela operates in the highly competitive business process automation and information management field. The industry is driven by technological advancements and growing demand for more efficient and cost-effective business solutions.

Exela's competitors include large technology companies such as IBM, Accenture, DXC Technology and smaller, specialized firms. The industry is also subject to regulatory and political pressures, particularly data privacy and security issues.

Exela Technologies Inc has several growth opportunities, including expanding its product offerings and entering new markets. The company has recently launched several new solutions, including Digital Mailroom and Workflow Automation, which have received positive customer feedback.

Exela is also exploring opportunities to expand into new markets, particularly in Asia and Europe. The company has established partnerships with several leading technology firms to support its expansion efforts, including a recent collaboration with Infosys to develop solutions for the insurance industry.

In addition, Exela has made several strategic acquisitions in recent years to enhance its capabilities and expand its customer base. In 2020, the company acquired Asterion, a provider of secure data management solutions and in 2019, it received Conduent's commercial healthcare provider solutions business.

Like any company, Exela Technologies Inc faces several risks and challenges that could impact its performance. One of the biggest challenges for the company is the competitive nature of the industry. Exela competes with both large technology companies and smaller, specialized firms and must continue to innovate to stay ahead.

Another challenge for Exela is the ongoing regulatory and political pressure around data privacy and security issues. The company must ensure that its solutions comply with relevant regulations and is prepared to respond to any regulation changes.

Exela must continue to adapt to changing customer preferences and market conditions. The COVID-19 pandemic, for example, accelerated the shift to remote work and digital solutions, which could impact the demand for some of Exela's services.

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XELA Stock News Headlines

Exela Technologies, Inc. (NASDAQ:XELA) Short Interest Update
"The $51 Billion Laser Revolution"
See how a new contract with the Pentagon could spark a 2,476% sales surge for a small laser firm >>>
Exela Technologies (NASDAQ:XELA) Shares Gap Up to $6.28
Exela Technologies (NASDAQ:XELA) Shares Gap Down to $3.08
"The $51 Billion Laser Revolution"
See how a new contract with the Pentagon could spark a 2,476% sales surge for a small laser firm >>>
Exela Technologies Announces Reverse Split
Q1 2023 Exela Technologies Inc Earnings Call
Exela Technologies Reschedules Special Meeting
Exela Technologies Announces Estimated $48M TCV Win
See More Headlines

XELA Price History

XELA Company Calendar

Last Earnings
5/11/2023
Today
6/02/2023
Next Earnings (Estimated)
8/08/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Business services, not elsewhere classified
Sub-Industry
N/A
Current Symbol
NASDAQ:XELA
Fax
N/A
Employees
16,000
Year Founded
N/A

Profitability

Net Income
$-415,580,000.00
Pretax Margin
-37.31%

Debt

Sales & Book Value

Annual Sales
$1.08 billion
Book Value
($123.70) per share

Miscellaneous

Free Float
6,367,000
Market Cap
$33.51 million
Optionable
Not Optionable
Beta
1.69

Key Executives

  • Suresh Yannamani (Age 51)
    President
  • Ronald Clark Cogburn (Age 61)
    Chief Executive Officer, Director
  • Jim Reynolds (Age 48)
    Chief Financial Officer, Director
  • Mark FairchildMark Fairchild (Age 57)
    President, Exela Enterprise Solutions
  • Shrikant SorturShrikant Sortur (Age 44)
    Executive Vice President - Global Finance
  • Joshua M. Black (Age 30)
    Director
  • Par ChadhaPar Chadha (Age 62)
    Director
  • Gordon J. Coburn (Age 53)
    Director
  • Nathaniel J. Lipman (Age 53)
    Director
  • Matthew H. Nord (Age 38)
    Director













XELA Stock - Frequently Asked Questions

How have XELA shares performed in 2023?

Exela Technologies' stock was trading at $16.40 on January 1st, 2023. Since then, XELA stock has decreased by 67.9% and is now trading at $5.26.
View the best growth stocks for 2023 here
.

Are investors shorting Exela Technologies?

Exela Technologies saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 14,590,000 shares, an increase of 8,678.6% from the April 30th total of 166,200 shares. Based on an average daily trading volume, of 2,480,000 shares, the days-to-cover ratio is presently 5.9 days.
View Exela Technologies' Short Interest
.

When is Exela Technologies' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 8th 2023.
View our XELA earnings forecast
.

How were Exela Technologies' earnings last quarter?

Exela Technologies, Inc. (NASDAQ:XELA) posted its quarterly earnings data on Thursday, May, 11th. The company reported ($10.00) earnings per share (EPS) for the quarter. The company earned $273.62 million during the quarter.

What ETF holds Exela Technologies' stock ?

Direxion Work From Home ETF holds 16,236,546 shares of XELA stock, representing 2.25% of its portfolio.

When did Exela Technologies' stock split?

Shares of Exela Technologies reverse split before market open on Monday, May 15th 2023. The 1-200 reverse split was announced on Monday, May 15th 2023. The number of shares owned by shareholders was adjusted after the market closes on Monday, May 15th 2023. An investor that had 100 shares of stock prior to the reverse split would have 1 shares after the split.

What is Ron Cogburn's approval rating as Exela Technologies' CEO?

140 employees have rated Exela Technologies Chief Executive Officer Ron Cogburn on Glassdoor.com. Ron Cogburn has an approval rating of 46% among the company's employees. This puts Ron Cogburn in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Exela Technologies own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Exela Technologies investors own include Biocept (BIOC), Acasti Pharma (ACST), Avinger (AVGR), Bionano Genomics (BNGO), Heat Biologics (HTBX), T2 Biosystems (TTOO), Onconova Therapeutics (ONTX), Outlook Therapeutics (OTLK), AgEagle Aerial Systems (UAVS).

What is Exela Technologies' stock symbol?

Exela Technologies trades on the NASDAQ under the ticker symbol "XELA."

Who are Exela Technologies' major shareholders?

Exela Technologies' stock is owned by many different institutional and retail investors. Top institutional investors include Renaissance Technologies LLC (0.37%), Wexford Capital LP (0.12%), FMR LLC (0.07%), Geode Capital Management LLC (0.06%), Susquehanna International Group LLP (0.00%) and Simplex Trading LLC (0.00%). Insiders that own company stock include Marc A Beilinson, Mark D Fairchild, Par Chadha, Shrikant Sortur and William L Transier.
View institutional ownership trends
.

How do I buy shares of Exela Technologies?

Shares of XELA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Exela Technologies' stock price today?

One share of XELA stock can currently be purchased for approximately $5.26.

How much money does Exela Technologies make?

Exela Technologies (NASDAQ:XELA) has a market capitalization of $33.51 million and generates $1.08 billion in revenue each year.

How many employees does Exela Technologies have?

The company employs 16,000 workers across the globe.

How can I contact Exela Technologies?

Exela Technologies' mailing address is 2701 EAST GRAUWYLER ROAD, IRVING TX, 75061. The official website for the company is www.exelatech.com. The company can be reached via phone at 844-935-2832 or via email at ir@exelatech.com.

This page (NASDAQ:XELA) was last updated on 6/3/2023 by MarketBeat.com Staff

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