Brokerages Set ExlService Holdings, Inc. (NASDAQ:EXLS) Target Price at $51.33

ExlService Holdings, Inc. (NASDAQ:EXLSGet Free Report) has received a consensus rating of “Moderate Buy” from the seven analysts that are presently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a hold rating and six have given a buy rating to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $51.3333.

EXLS has been the subject of a number of research analyst reports. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of ExlService in a report on Wednesday. JPMorgan Chase & Co. cut their price objective on shares of ExlService from $56.00 to $52.00 and set an “overweight” rating for the company in a report on Wednesday, August 20th.

Get Our Latest Research Report on EXLS

ExlService Trading Down 1.8%

Shares of EXLS opened at $41.25 on Wednesday. The company has a debt-to-equity ratio of 0.24, a current ratio of 3.15 and a quick ratio of 3.15. ExlService has a 1 year low of $38.36 and a 1 year high of $52.43. The company has a 50 day simple moving average of $43.19 and a two-hundred day simple moving average of $44.45. The firm has a market cap of $6.66 billion, a P/E ratio of 28.65, a price-to-earnings-growth ratio of 1.93 and a beta of 0.86.

ExlService (NASDAQ:EXLSGet Free Report) last announced its quarterly earnings data on Tuesday, July 29th. The business services provider reported $0.49 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.45 by $0.04. ExlService had a net margin of 12.00% and a return on equity of 25.38%. The business had revenue of $514.46 million during the quarter, compared to analyst estimates of $504.87 million. During the same period last year, the firm posted $0.40 EPS. The company’s revenue was up 14.7% on a year-over-year basis. ExlService has set its FY 2025 guidance at 1.860-1.900 EPS. On average, equities analysts expect that ExlService will post 1.27 earnings per share for the current fiscal year.

Insider Activity at ExlService

In other news, insider Vikas Bhalla sold 8,000 shares of the stock in a transaction that occurred on Wednesday, September 10th. The stock was sold at an average price of $43.76, for a total transaction of $350,080.00. Following the completion of the transaction, the insider directly owned 127,046 shares in the company, valued at approximately $5,559,532.96. This represents a 5.92% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 4.04% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Trust Point Inc. boosted its position in shares of ExlService by 10.1% during the 3rd quarter. Trust Point Inc. now owns 23,476 shares of the business services provider’s stock valued at $1,034,000 after acquiring an additional 2,146 shares during the last quarter. Congress Asset Management Co. boosted its position in shares of ExlService by 153.2% during the 3rd quarter. Congress Asset Management Co. now owns 438,533 shares of the business services provider’s stock valued at $19,309,000 after acquiring an additional 265,348 shares during the last quarter. Lifestyle Asset Management Inc. bought a new stake in ExlService in the third quarter worth $369,000. Oak Thistle LLC purchased a new position in ExlService during the third quarter worth $1,073,000. Finally, Osaic Holdings Inc. boosted its stake in ExlService by 146.5% during the second quarter. Osaic Holdings Inc. now owns 14,659 shares of the business services provider’s stock worth $646,000 after buying an additional 8,713 shares during the period. 92.92% of the stock is currently owned by institutional investors.

ExlService Company Profile

(Get Free Report)

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.

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Analyst Recommendations for ExlService (NASDAQ:EXLS)

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