ExlService Holdings Inc. (NASDAQ:EXLS) was down 2.6% on Thursday . The company traded as low as $50.78 and last traded at $50.78, with a volume of 94,681 shares trading hands. The stock had previously closed at $52.15.

EXLS has been the topic of several research reports. Citigroup Inc. lifted their price target on shares of ExlService Holdings from $56.00 to $58.00 and gave the stock a “buy” rating in a research note on Friday, May 27th. Zacks Investment Research raised shares of ExlService Holdings from a “sell” rating to a “hold” rating in a research note on Monday, June 13th. Robert W. Baird reissued a “buy” rating on shares of ExlService Holdings in a research note on Monday, May 16th. JPMorgan Chase & Co. reissued a “hold” rating and set a $54.00 price target on shares of ExlService Holdings in a research note on Tuesday. Finally, Goldman Sachs Group Inc. lifted their price target on shares of ExlService Holdings from $26.00 to $32.00 and gave the stock a “neutral” rating in a research note on Monday, March 28th. Five investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. ExlService Holdings presently has a consensus rating of “Buy” and an average price target of $51.67.

The stock’s 50-day moving average price is $52.06 and its 200 day moving average price is $48.80. The company has a market capitalization of $1.70 billion and a P/E ratio of 31.15.

ExlService Holdings (NASDAQ:EXLS) last issued its quarterly earnings data on Thursday, April 28th. The company reported $0.56 earnings per share for the quarter, beating analysts’ consensus estimates of $0.53 by $0.03. The company had revenue of $167 million for the quarter, compared to the consensus estimate of $165.01 million. ExlService Holdings’s revenue for the quarter was up 16.4% compared to the same quarter last year. During the same period in the previous year, the business earned $0.41 EPS. Analysts predict that ExlService Holdings Inc. will post $2.33 earnings per share for the current year.

In other ExlService Holdings news, EVP Villa Rembert De sold 5,000 shares of the stock in a transaction dated Tuesday, May 31st. The stock was sold at an average price of $51.81, for a total value of $259,050.00. Following the completion of the sale, the executive vice president now directly owns 2,258 shares in the company, valued at $116,986.98. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CFO Vishal Chhibbar sold 4,053 shares of the stock in a transaction dated Friday, July 1st. The shares were sold at an average price of $52.36, for a total value of $212,215.08. Following the completion of the sale, the chief financial officer now owns 3,970 shares of the company’s stock, valued at $207,869.20. The disclosure for this sale can be found here.

A number of large investors have added to or reduced their stakes in the stock. PNC Financial Services Group Inc. boosted its stake in ExlService Holdings by 10.5% in the fourth quarter. PNC Financial Services Group Inc. now owns 28,002 shares of the company’s stock worth $1,259,000 after buying an additional 2,666 shares during the period. 1492 Capital Management LLC boosted its stake in ExlService Holdings by 15.0% in the fourth quarter. 1492 Capital Management LLC now owns 34,089 shares of the company’s stock worth $1,532,000 after buying an additional 4,444 shares during the period. Bank of Montreal Can boosted its stake in ExlService Holdings by 166.9% in the fourth quarter. Bank of Montreal Can now owns 40,728 shares of the company’s stock worth $1,831,000 after buying an additional 25,469 shares during the period. Rhumbline Advisers boosted its stake in ExlService Holdings by 6.1% in the fourth quarter. Rhumbline Advisers now owns 50,415 shares of the company’s stock worth $2,265,000 after buying an additional 2,885 shares during the period. Finally, Russell Frank Co boosted its stake in ExlService Holdings by 342.0% in the fourth quarter. Russell Frank Co now owns 59,176 shares of the company’s stock worth $2,698,000 after buying an additional 45,788 shares during the period.

ExlService Holdings, Inc (EXL) provides business process solutions. The Company’s business is divided into two reporting segments: Operations Management (previously Outsourcing Services) and Analytics and Business Transformation (previously Transformation Services). It provides Operations Management solutions to sectors, including insurance, healthcare, utilities, banking and financial services, and travel, transportation and logistics sectors, as well as cross-industry operations management solutions, such as finance and accounting services.

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