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

Several equities research analysts have weighed in on EXLS shares. Zacks Investment Research upgraded ExlService Holdings from a “sell” rating to a “hold” rating in a report on Monday, May 30th. JPMorgan Chase & Co. restated a “hold” rating and set a $54.00 price target on shares of ExlService Holdings in a report on Tuesday. Cantor Fitzgerald restated a “buy” rating on shares of ExlService Holdings in a report on Monday, May 2nd. Goldman Sachs Group Inc. upped their price target on ExlService Holdings from $26.00 to $32.00 and gave the stock a “neutral” rating in a report on Monday, March 28th. Finally, Robert W. Baird restated a “buy” rating on shares of ExlService Holdings in a report on Monday, May 16th. Five analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of $51.67.

The stock has a market capitalization of $1.69 billion and a PE ratio of 31.08. The stock’s 50 day moving average price is $51.99 and its 200 day moving average price is $48.86.

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

In related news, EVP Villa Rembert De sold 5,000 shares of ExlService Holdings stock in a transaction on Tuesday, May 31st. The stock was sold at an average price of $51.81, for a total value of $259,050.00. Following the transaction, the executive vice president now owns 2,258 shares in the company, valued at $116,986.98. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Nancy Saltzman sold 2,521 shares of ExlService Holdings stock in a transaction on Monday, April 25th. The shares were sold at an average price of $50.44, for a total value of $127,159.24. The disclosure for this sale can be found here.

Other hedge funds and institutional investors recently modified their holdings of the company. California State Teachers Retirement System boosted its position in shares of ExlService Holdings by 1.6% in the fourth quarter. California State Teachers Retirement System now owns 61,716 shares of the company’s stock worth $2,773,000 after buying an additional 1,000 shares in the last quarter. PNC Financial Services Group Inc. boosted its position in shares of 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 in the last quarter. Rhumbline Advisers boosted its position in shares of 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 in the last quarter. 1492 Capital Management LLC boosted its position in shares of 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 in the last quarter. Finally, Principal Financial Group Inc. boosted its position in shares of ExlService Holdings by 3.7% in the fourth quarter. Principal Financial Group Inc. now owns 226,520 shares of the company’s stock worth $10,177,000 after buying an additional 8,140 shares in the last quarter.

ExlService Holdings, Inc is an operations management and analytics company. The Company operates through two segments: Operations Management and Analytics. The Company offers operations management solutions to the insurance, healthcare, banking and financial services, utilities, and travel, transportation and logistics industries.

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