ExlService Holdings, Inc. (NASDAQ:EXLS) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of ExlService Holdings, Inc. (NASDAQ:EXLS) have been given an average recommendation of “Moderate Buy” by the seven brokerages that are currently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $48.86.

Several research analysts recently commented on EXLS shares. Stifel Nicolaus raised their price target on shares of ExlService from $48.00 to $54.00 and gave the company a “buy” rating in a report on Thursday, February 27th. Jefferies Financial Group lifted their target price on shares of ExlService from $47.00 to $57.00 and gave the company a “buy” rating in a report on Tuesday, January 21st. StockNews.com cut shares of ExlService from a “buy” rating to a “hold” rating in a research report on Monday. Finally, Needham & Company LLC raised their price objective on ExlService from $50.00 to $60.00 and gave the company a “buy” rating in a research report on Thursday, February 27th.

Insiders Place Their Bets

In other ExlService news, CFO Maurizio Nicolelli sold 13,753 shares of ExlService stock in a transaction that occurred on Monday, January 27th. The stock was sold at an average price of $49.14, for a total transaction of $675,822.42. Following the sale, the chief financial officer now directly owns 194,440 shares in the company, valued at $9,554,781.60. The trade was a 6.61 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Ajay Ayyappan sold 16,186 shares of the company’s stock in a transaction that occurred on Monday, February 10th. The shares were sold at an average price of $51.50, for a total value of $833,579.00. Following the completion of the transaction, the executive vice president now directly owns 40,986 shares in the company, valued at approximately $2,110,779. The trade was a 28.31 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 47,351 shares of company stock worth $2,337,284 in the last quarter. 4.16% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in EXLS. Mather Group LLC. bought a new position in shares of ExlService during the fourth quarter worth about $25,000. Kestra Investment Management LLC bought a new position in ExlService during the 4th quarter worth approximately $26,000. Morse Asset Management Inc bought a new position in shares of ExlService during the fourth quarter valued at approximately $49,000. USA Financial Formulas bought a new stake in ExlService in the fourth quarter valued at $58,000. Finally, VisionPoint Advisory Group LLC acquired a new position in ExlService during the 4th quarter valued at about $58,000. 92.92% of the stock is owned by institutional investors and hedge funds.

ExlService Stock Performance

Shares of EXLS stock opened at $45.89 on Wednesday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 3.02 and a current ratio of 3.02. The firm has a market capitalization of $7.45 billion, a price-to-earnings ratio of 40.25, a price-to-earnings-growth ratio of 2.11 and a beta of 0.91. ExlService has a one year low of $28.59 and a one year high of $52.43. The company has a 50 day moving average price of $47.29 and a 200 day moving average price of $45.51.

ExlService (NASDAQ:EXLS) last released its quarterly earnings data on Tuesday, February 25th. The business services provider reported $0.34 EPS for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.08). ExlService had a return on equity of 23.23% and a net margin of 10.61%. The firm had revenue of $481.43 million for the quarter, compared to analyst estimates of $475.68 million. Sell-side analysts anticipate that ExlService will post 1.27 EPS for the current year.

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.