ExlService Holdings Inc. (EXLS) Trading Down 2.2%
Shares of ExlService Holdings Inc. (NASDAQ:EXLS) traded down 2.2% during trading on Wednesday . The company traded as low as $50.46 and last traded at $50.50, with a volume of 60,874 shares traded. The stock had previously closed at $51.62.
A number of analysts have commented on the company. Cantor Fitzgerald reaffirmed a “buy” rating on shares of ExlService Holdings in a research report on Monday, May 2nd. Zacks Investment Research cut ExlService Holdings from a “hold” rating to a “sell” rating in a research report on Tuesday, May 3rd. Citigroup Inc. lowered their price target on ExlService Holdings from $58.00 to $57.00 and set a “buy” rating for the company in a research report on Friday, July 29th. JPMorgan Chase & Co. reaffirmed a “hold” rating and set a $54.00 price target on shares of ExlService Holdings in a research report on Tuesday, July 19th. Finally, Robert W. Baird reaffirmed a “buy” rating on shares of ExlService Holdings in a research report on Monday, May 16th. Five equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. ExlService Holdings currently has a consensus rating of “Buy” and a consensus target price of $51.56.
The firm has a market capitalization of $1.70 billion and a PE ratio of 28.85. The firm’s 50-day moving average is $51.64 and its 200 day moving average is $49.36.
ExlService Holdings (NASDAQ:EXLS) last posted its earnings results on Thursday, July 28th. The company reported $0.55 EPS for the quarter, beating the consensus estimate of $0.53 by $0.02. During the same period last year, the company earned $0.48 EPS. The business earned $170.50 million during the quarter, compared to analysts’ expectations of $170.65 million. The business’s quarterly revenue was up 9.6% compared to the same quarter last year. Equities research analysts forecast that ExlService Holdings Inc. will post $2.32 earnings per share for the current year.
In related news, EVP Villa Rembert De sold 5,000 shares of the 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 of the company’s stock, valued at $116,986.98. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Vishal Chhibbar sold 4,500 shares of the stock in a transaction on Tuesday, July 12th. The shares were sold at an average price of $54.00, for a total value of $243,000.00. Following the completion of the transaction, the chief financial officer now directly owns 8,470 shares in the company, valued at approximately $457,380. The disclosure for this sale can be found here.
A number of institutional investors have bought and sold shares of EXLS. Dimensional Fund Advisors LP raised its position in ExlService Holdings by 5.2% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,248,537 shares of the company’s stock valued at $56,097,000 after buying an additional 61,838 shares during the period. 1492 Capital Management LLC raised 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 valued at $1,532,000 after buying an additional 4,444 shares during the last quarter. Aberdeen Asset Management PLC UK purchased a new position in shares of ExlService Holdings during the fourth quarter valued at about $5,770,000. Principal Financial Group Inc. raised 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 valued at $10,177,000 after buying an additional 8,140 shares during the last quarter. Finally, Bank of Montreal Can raised its position 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 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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