ExlService Holdings, Inc. (NASDAQ:EXLS) Given Consensus Rating of “Hold” by Brokerages

ExlService Holdings, Inc. (NASDAQ:EXLSGet Rating) has received an average recommendation of “Buy” from the eight brokerages that are currently covering the stock, MarketBeat Ratings reports. Three analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $147.33.

Several equities research analysts have recently weighed in on EXLS shares. Cowen upped their target price on shares of ExlService from $145.00 to $160.00 and gave the stock an “outperform” rating in a report on Tuesday, April 5th. StockNews.com lowered shares of ExlService from a “buy” rating to a “hold” rating in a report on Sunday, May 8th. Zacks Investment Research raised shares of ExlService from a “hold” rating to a “buy” rating and set a $152.00 target price on the stock in a report on Tuesday, May 3rd. Citigroup upped their target price on shares of ExlService from $127.00 to $149.00 in a report on Wednesday, April 20th. Finally, Robert W. Baird upped their target price on shares of ExlService from $138.00 to $146.00 in a report on Thursday, April 14th.

Shares of EXLS stock traded up $3.61 during mid-day trading on Friday, reaching $135.20. The company’s stock had a trading volume of 178,270 shares, compared to its average volume of 248,414. ExlService has a 1-year low of $93.46 and a 1-year high of $154.98. The company has a market cap of $4.50 billion, a P/E ratio of 38.85, a PEG ratio of 2.21 and a beta of 0.97. The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.58 and a current ratio of 2.58. The firm’s 50-day moving average is $139.13 and its two-hundred day moving average is $132.78.

ExlService (NASDAQ:EXLSGet Rating) last announced its quarterly earnings data on Thursday, April 28th. The business services provider reported $1.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.30 by $0.12. ExlService had a net margin of 10.00% and a return on equity of 20.12%. The company had revenue of $329.20 million during the quarter, compared to analysts’ expectations of $307.04 million. During the same quarter in the prior year, the company posted $1.02 EPS. The business’s revenue was up 25.9% on a year-over-year basis. Sell-side analysts anticipate that ExlService will post 4.54 EPS for the current year.

In other ExlService news, EVP Narasimha Kini bought 500 shares of the business’s stock in a transaction on Monday, March 14th. The shares were bought at an average cost of $124.50 per share, for a total transaction of $62,250.00. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Garen K. Staglin sold 2,500 shares of the company’s stock in a transaction dated Thursday, May 5th. The shares were sold at an average price of $138.10, for a total transaction of $345,250.00. Following the transaction, the director now owns 30,674 shares in the company, valued at $4,236,079.40. The disclosure for this sale can be found here. In the last three months, insiders have acquired 4,613 shares of company stock worth $604,726. Insiders own 3.60% of the company’s stock.

A number of institutional investors have recently added to or reduced their stakes in EXLS. BlackRock Inc. raised its position in shares of ExlService by 1.4% in the 1st quarter. BlackRock Inc. now owns 5,054,281 shares of the business services provider’s stock valued at $724,125,000 after acquiring an additional 67,935 shares during the period. Vanguard Group Inc. raised its position in shares of ExlService by 1.3% in the 1st quarter. Vanguard Group Inc. now owns 3,611,608 shares of the business services provider’s stock valued at $517,436,000 after acquiring an additional 45,534 shares during the period. Macquarie Group Ltd. raised its position in shares of ExlService by 0.8% in the 3rd quarter. Macquarie Group Ltd. now owns 1,075,762 shares of the business services provider’s stock valued at $132,448,000 after acquiring an additional 9,023 shares during the period. State Street Corp raised its position in shares of ExlService by 0.3% in the 4th quarter. State Street Corp now owns 1,055,000 shares of the business services provider’s stock valued at $152,732,000 after acquiring an additional 3,377 shares during the period. Finally, Fuller & Thaler Asset Management Inc. raised its position in shares of ExlService by 49.0% in the 1st quarter. Fuller & Thaler Asset Management Inc. now owns 658,644 shares of the business services provider’s stock valued at $94,364,000 after acquiring an additional 216,548 shares during the period. Institutional investors own 94.71% of the company’s stock.

ExlService Company Profile (Get Rating)

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.

Featured Articles

Analyst Recommendations for ExlService (NASDAQ:EXLS)

Receive News & Ratings for ExlService Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ExlService and related companies with MarketBeat.com's FREE daily email newsletter.