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S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
What is a Gold IRA, and is it a Viable Investment?
Did You See These Trend Reversals? (Ad)pixel
Closing prices for crude oil, gold and other commodities
Is Braze Inc Ready To Rocket Higher? 
Did You See These Trend Reversals? (Ad)pixel
UN body mulls deep sea mining amid demand for minerals
Canada approves largest telecom deal in country's history
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
Medicare, Social Security could fall short over next decade
Intensity and insults rise as lawmakers debate debt ceiling
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
What is a Gold IRA, and is it a Viable Investment?
Did You See These Trend Reversals? (Ad)pixel
Closing prices for crude oil, gold and other commodities
Is Braze Inc Ready To Rocket Higher? 
Did You See These Trend Reversals? (Ad)pixel
UN body mulls deep sea mining amid demand for minerals
Canada approves largest telecom deal in country's history
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
Medicare, Social Security could fall short over next decade
Intensity and insults rise as lawmakers debate debt ceiling
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
What is a Gold IRA, and is it a Viable Investment?
Did You See These Trend Reversals? (Ad)pixel
Closing prices for crude oil, gold and other commodities
Is Braze Inc Ready To Rocket Higher? 
Did You See These Trend Reversals? (Ad)pixel
UN body mulls deep sea mining amid demand for minerals
Canada approves largest telecom deal in country's history
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
Medicare, Social Security could fall short over next decade
Intensity and insults rise as lawmakers debate debt ceiling
NASDAQ:XELA

Exela Technologies - XELA Stock Forecast, Price & News

$0.04
0.00 (0.00%)
(As of 03/31/2023 12:00 AM ET)
Add
Compare
Today's Range
$0.04
$0.04
50-Day Range
$0.03
$0.08
52-Week Range
$0.03
$9.60
Volume
79.43 million shs
Average Volume
172.33 million shs
Market Capitalization
$2.53 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A

Exela Technologies MarketRank™ Forecast

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Bearish
20.75% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.80mentions of Exela Technologies in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($3.36) to ($0.55) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.08 out of 5 stars


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

The Market Crash Shield is A.I.
Are you using the best technology to dominate April markets? This A.I. has traders doubting their methods. Attend This Live (FREE) A.I. Market Training. pixel
XELAP Exela Technologies, Inc. 6% CONV PFD SR B
Global Payment Integrity Market Size & Analysis
The Market Crash Shield is A.I.
Are you using the best technology to dominate April markets? This A.I. has traders doubting their methods. Attend This Live (FREE) A.I. Market Training. pixel
Expect a Total Wipeout With XELA Stock
Exela Technologies
See More Headlines
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XELA Company Calendar

Last Earnings
11/05/2021
Today
4/01/2023
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
17,000
Year Founded
N/A

Profitability

Net Income
$-142,390,000.00
Pretax Margin
-25.18%

Debt

Sales & Book Value

Annual Sales
$1.17 billion
Book Value
($50.28) per share

Miscellaneous

Free Float
62,824,000
Market Cap
$2.53 million
Optionable
Not Optionable
Beta
1.71

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 $0.0820 at the beginning of 2023. Since then, XELA stock has decreased by 52.6% and is now trading at $0.0389.
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 March. As of March 15th, there was short interest totaling 13,480,000 shares, an increase of 33.7% from the February 28th total of 10,080,000 shares. Based on an average daily volume of 156,210,000 shares, the days-to-cover ratio is currently 0.1 days.
View Exela Technologies' Short Interest
.

How were Exela Technologies' earnings last quarter?

Exela Technologies, Inc. (NASDAQ:XELA) announced its quarterly earnings results on Friday, November, 5th. The company reported ($5.40) earnings per share for the quarter, missing analysts' consensus estimates of ($3.40) by $2.00. The business earned $279.23 million during the quarter, compared to analyst estimates of $310 million. During the same period in the previous year, the firm posted ($12.00) EPS.

What ETF holds Exela Technologies' stock ?

Direxion Work From Home ETF holds 15,675,406 shares of XELA stock, representing 2.38% of its portfolio.

When did Exela Technologies' stock split?

Exela Technologies shares reverse split on the morning of Tuesday, July 26th 2022. The 1-20 reverse split was announced on Tuesday, July 26th 2022. The number of shares owned by shareholders was adjusted after the market closes on Tuesday, July 26th 2022. An investor that had 100 shares of stock prior to the reverse split would have 5 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."

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 $0.04.

How much money does Exela Technologies make?

Exela Technologies (NASDAQ:XELA) has a market capitalization of $2.53 million and generates $1.17 billion in revenue each year. The company earns $-142,390,000.00 in net income (profit) each year or ($16.00) on an earnings per share basis.

How many employees does Exela Technologies have?

The company employs 17,000 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 4/1/2023 by MarketBeat.com Staff