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

Shares of ExlService Holdings, Inc. (NASDAQ:EXLS) have received an average recommendation of “Moderate Buy” from the five research firms that are covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1-year price target among brokerages that have covered the stock in the last year is $54.50.

Several equities research analysts have recently issued reports on EXLS shares. Weiss Ratings lowered ExlService from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Saturday, October 25th. JPMorgan Chase & Co. dropped their price objective on shares of ExlService from $56.00 to $52.00 and set an “overweight” rating for the company in a research note on Wednesday, August 20th. Finally, Wall Street Zen cut shares of ExlService from a “buy” rating to a “hold” rating in a research report on Saturday, November 22nd.

Insiders Place Their Bets

In other ExlService news, insider Vikas Bhalla sold 8,000 shares of the firm’s stock in a transaction dated Wednesday, September 10th. The shares were sold at an average price of $43.76, for a total value of $350,080.00. Following the completion of the sale, the insider owned 127,046 shares of the company’s stock, valued at $5,559,532.96. This trade represents a 5.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 4.04% of the stock is owned by company insiders.

Institutional Investors Weigh In On ExlService

Hedge funds and other institutional investors have recently modified their holdings of the business. Mather Group LLC. purchased a new position in ExlService during the 3rd quarter valued at $25,000. CENTRAL TRUST Co lifted its position in shares of ExlService by 2,428.0% during the third quarter. CENTRAL TRUST Co now owns 632 shares of the business services provider’s stock worth $28,000 after purchasing an additional 607 shares during the last quarter. First Horizon Corp purchased a new stake in shares of ExlService during the third quarter valued at $32,000. Farther Finance Advisors LLC grew its holdings in shares of ExlService by 533.6% in the third quarter. Farther Finance Advisors LLC now owns 792 shares of the business services provider’s stock worth $35,000 after purchasing an additional 667 shares during the last quarter. Finally, Twin Peaks Wealth Advisors LLC purchased a new position in ExlService in the 2nd quarter worth about $43,000. 92.92% of the stock is currently owned by hedge funds and other institutional investors.

ExlService Price Performance

EXLS stock opened at $39.82 on Thursday. ExlService has a 52 week low of $37.30 and a 52 week high of $52.43. The firm has a market capitalization of $6.32 billion, a P/E ratio of 27.09, a price-to-earnings-growth ratio of 1.77 and a beta of 0.90. The company has a fifty day simple moving average of $40.97 and a two-hundred day simple moving average of $43.19. The company has a quick ratio of 3.15, a current ratio of 2.91 and a debt-to-equity ratio of 0.43.

ExlService (NASDAQ:EXLS) last announced its earnings results on Tuesday, October 28th. The business services provider reported $0.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.47 by $0.01. The firm had revenue of $529.59 million for the quarter, compared to analysts’ expectations of $522.35 million. ExlService had a net margin of 11.91% and a return on equity of 25.60%. The business’s revenue was up 12.2% compared to the same quarter last year. During the same period in the prior year, the company earned $0.44 EPS. ExlService has set its FY 2025 guidance at 1.880-1.920 EPS. Analysts anticipate that ExlService will post 1.27 earnings per share for the current fiscal 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.