ExlService Holdings Inc. (NASDAQ:EXLS) shares were up 2.7% on Monday . The company traded as high as $49.67 and last traded at $49.60, with a volume of 169,890 shares. The stock had previously closed at $48.29.

A number of research analysts recently weighed in on EXLS shares. Zacks Investment Research raised ExlService Holdings from a “hold” rating to a “buy” rating and set a $57.00 price objective on the stock in a report on Tuesday, April 26th. Cantor Fitzgerald reaffirmed a “buy” rating on shares of ExlService Holdings in a report on Monday, May 2nd. Robert W. Baird reaffirmed a “buy” rating on shares of ExlService Holdings in a report on Monday, May 16th. Citigroup Inc. upped their price objective on ExlService Holdings from $56.00 to $58.00 and gave the stock a “buy” rating in a report on Friday, May 27th. Finally, JPMorgan Chase & Co. reaffirmed a “hold” rating and set a $54.00 price objective on shares of ExlService Holdings in a report on Tuesday, July 19th. Five investment analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $51.56.

The company’s 50 day moving average price is $50.97 and its 200-day moving average price is $49.97. The company has a market cap of $1.67 billion and a price-to-earnings ratio of 28.35.

ExlService Holdings (NASDAQ:EXLS) last announced its quarterly earnings results on Thursday, July 28th. The company reported $0.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.53 by $0.02. During the same period last year, the business posted $0.48 EPS. The company earned $170.50 million during the quarter, compared to the consensus estimate of $170.65 million. The company’s revenue for the quarter was up 9.6% on a year-over-year basis. On average, equities research analysts expect that ExlService Holdings Inc. will post $2.32 EPS for the current year.

In related news, EVP Villa Rembert De sold 5,000 shares of the firm’s stock in a transaction that occurred 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 sale, the executive vice president now owns 2,258 shares of the company’s stock, valued at approximately $116,986.98. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Vishal Chhibbar sold 2,750 shares of the firm’s stock in a transaction that occurred on Friday, July 8th. The stock was sold at an average price of $53.40, for a total value of $146,850.00. Following the completion of the sale, the chief financial officer now directly owns 6,720 shares in the company, valued at approximately $358,848. The disclosure for this sale can be found here.

A hedge fund recently raised its stake in ExlService Holdings stock. Bank of Montreal Can raised its stake in shares of ExlService Holdings Inc. (NASDAQ:EXLS) by 166.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 40,728 shares of the company’s stock after buying an additional 25,469 shares during the period. Bank of Montreal Can owned about 0.12% of ExlService Holdings worth $1,831,000 as of its most recent filing with the SEC.

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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