ExlService Holdings, Inc. (NASDAQ:EXLS) Receives $53.80 Average PT from Analysts

Shares of ExlService Holdings, Inc. (NASDAQ:EXLS) have been given an average recommendation of “Moderate Buy” by the six research firms that are covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is $53.80.

A number of equities research analysts recently weighed in on EXLS shares. Weiss Ratings cut ExlService from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Saturday, October 25th. Wall Street Zen lowered shares of ExlService from a “buy” rating to a “hold” rating in a research report on Saturday. Finally, TD Cowen lowered their price target on shares of ExlService from $52.00 to $51.00 and set a “buy” rating on the stock in a report on Friday, January 9th.

Insiders Place Their Bets

In other ExlService news, insider Vikas Bhalla sold 11,774 shares of ExlService stock in a transaction on Tuesday, December 2nd. The shares were sold at an average price of $39.99, for a total value of $470,842.26. Following the transaction, the insider directly owned 115,272 shares of the company’s stock, valued at approximately $4,609,727.28. The trade was a 9.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 4.04% of the stock is currently owned by company insiders.

Institutional Trading of ExlService

A number of institutional investors have recently made changes to their positions in EXLS. Securian Asset Management Inc. increased its holdings in shares of ExlService by 1.9% during the second quarter. Securian Asset Management Inc. now owns 12,390 shares of the business services provider’s stock valued at $543,000 after acquiring an additional 228 shares in the last quarter. Huntington National Bank increased its holdings in shares of ExlService by 14.4% in the second quarter. Huntington National Bank now owns 1,953 shares of the business services provider’s stock valued at $86,000 after purchasing an additional 246 shares during the period. Blue Trust Inc. raised its stake in shares of ExlService by 6.9% in the second quarter. Blue Trust Inc. now owns 3,914 shares of the business services provider’s stock worth $171,000 after purchasing an additional 254 shares during the last quarter. True Wealth Design LLC lifted its holdings in shares of ExlService by 57.2% during the fourth quarter. True Wealth Design LLC now owns 706 shares of the business services provider’s stock worth $30,000 after purchasing an additional 257 shares during the period. Finally, Jennison Associates LLC increased its holdings in ExlService by 1.5% in the 2nd quarter. Jennison Associates LLC now owns 19,477 shares of the business services provider’s stock worth $853,000 after buying an additional 288 shares during the period. Institutional investors and hedge funds own 92.92% of the company’s stock.

ExlService Stock Performance

Shares of ExlService stock opened at $42.77 on Friday. The company has a current ratio of 2.91, a quick ratio of 2.91 and a debt-to-equity ratio of 0.43. The stock’s fifty day moving average price is $41.22 and its 200-day moving average price is $42.10. The firm has a market cap of $6.79 billion, a P/E ratio of 29.10, a P/E/G ratio of 1.72 and a beta of 0.91. ExlService has a 12 month low of $37.30 and a 12 month high of $52.43.

ExlService (NASDAQ:EXLS) last issued its earnings results on Tuesday, October 28th. The business services provider reported $0.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.47 by $0.01. The company had revenue of $529.59 million for the quarter, compared to analysts’ expectations of $522.35 million. ExlService had a net margin of 11.91% and a return on equity of 25.60%. The firm’s quarterly revenue was up 12.2% on a year-over-year basis. During the same period in the prior year, the business earned $0.44 EPS. ExlService has set its FY 2025 guidance at 1.880-1.920 EPS. On average, equities research analysts expect that ExlService will post 1.27 earnings per share for the current fiscal year.

ExlService Company Profile

ExlService Holdings, Inc (NASDAQ: EXLS) is a global operations management and analytics company that partners with clients in insurance, healthcare, banking, and financial services to drive digital transformation and operational excellence. The firm delivers analytics-driven solutions and business process outsourcing services, including claims adjudication, finance and accounting, data management, and customer service support. ExlService combines domain expertise with advanced analytics, artificial intelligence, and automation technologies to help organizations optimize processes, enhance customer experiences, and manage risk.

Founded in 1999 and headquartered in New York City, ExlService has grown through a mix of organic expansion and strategic acquisitions, earning recognition for its data analytics capabilities and industry-specific knowledge.