ExlService Holdings Inc. (NASDAQ:EXLS)’s share price traded down 4.3% on Thursday . The company traded as low as $48.84 and last traded at $48.84, with a volume of 200,806 shares. The stock had previously closed at $51.03.

A number of equities analysts have recently weighed in on the company. Citigroup Inc. cut their target price on ExlService Holdings from $58.00 to $57.00 and set a “buy” rating on the stock in a research note on Friday. Cantor Fitzgerald set a $56.00 price objective on ExlService Holdings and gave the company a “buy” rating in a research note on Thursday. JPMorgan Chase & Co. reiterated a “hold” rating and issued a $54.00 price objective on shares of ExlService Holdings in a research note on Tuesday, July 19th. Zacks Investment Research upgraded ExlService Holdings from a “sell” rating to a “hold” rating in a research note on Wednesday, June 29th. Finally, Robert W. Baird reiterated a “buy” rating on shares of ExlService Holdings in a research note on Monday, May 16th. Five investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $51.56.

The stock has a 50 day moving average of $51.66 and a 200-day moving average of $49.12. The company has a market cap of $1.66 billion and a PE ratio of 28.13.

ExlService Holdings (NASDAQ:EXLS) last announced its quarterly earnings results on Thursday, July 28th. The company reported $0.55 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.53 by $0.02. The firm had revenue of $170.50 million for the quarter, compared to the consensus estimate of $170.65 million. During the same period last year, the business earned $0.48 EPS. ExlService Holdings’s revenue was up 9.6% on a year-over-year basis. Analysts forecast that ExlService Holdings Inc. will post $2.33 EPS for the current year.

In related news, CFO Vishal Chhibbar sold 2,750 shares of the firm’s stock in a transaction that occurred on Friday, July 8th. The shares were sold at an average price of $53.40, for a total transaction of $146,850.00. Following the completion of the sale, the chief financial officer now owns 6,720 shares of the company’s stock, valued at $358,848. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Villa Rembert De sold 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 31st. The shares were sold at an average price of $51.81, for a total transaction of $259,050.00. Following the sale, the executive vice president now directly owns 2,258 shares of the company’s stock, valued at approximately $116,986.98. The disclosure for this sale can be found here.

Other large investors have recently made changes to their positions in the company. 1492 Capital Management LLC increased its stake 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 valued at $1,532,000 after buying an additional 4,444 shares during the period. J. Goldman & Co LP purchased a new stake in shares of ExlService Holdings during the fourth quarter valued at $5,570,000. Aberdeen Asset Management PLC UK purchased a new stake in shares of ExlService Holdings during the fourth quarter valued at $5,770,000. Principal Financial Group Inc. increased its stake 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 valued at $10,177,000 after buying an additional 8,140 shares during the period. Finally, Bank of Montreal Can increased its stake in shares of ExlService Holdings by 166.9% in the fourth quarter. Bank of Montreal Can now owns 40,728 shares of the company’s stock valued at $1,831,000 after buying an additional 25,469 shares during the period.

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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