Analysts Set ExlService Holdings, Inc. (NASDAQ:EXLS) PT at $41.50

Shares of ExlService Holdings, Inc. (NASDAQ:EXLS) have been given an average rating of “Moderate Buy” by the six brokerages that are presently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $41.50.

A number of equities research analysts have recently commented on EXLS shares. Needham & Company LLC reaffirmed a “buy” rating and issued a $40.00 target price (down from $55.00) on shares of ExlService in a report on Wednesday, February 25th. Weiss Ratings raised shares of ExlService from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, June 15th. TD Cowen reissued a “buy” rating on shares of ExlService in a report on Wednesday. Robert W. Baird set a $35.00 price target on shares of ExlService in a report on Wednesday, February 25th. Finally, Stifel Nicolaus cut their price target on shares of ExlService from $54.00 to $46.00 and set a “buy” rating for the company in a report on Thursday, February 26th.

Insider Buying and Selling

In other ExlService news, EVP Ajay Ayyappan sold 5,093 shares of ExlService stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $29.11, for a total value of $148,257.23. Following the completion of the sale, the executive vice president directly owned 48,994 shares of the company’s stock, valued at approximately $1,426,215.34. The trade was a 9.42% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Vikas Bhalla sold 12,000 shares of ExlService stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $30.22, for a total transaction of $362,640.00. Following the completion of the sale, the insider directly owned 153,295 shares of the company’s stock, valued at $4,632,574.90. The trade was a 7.26% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 3.66% of the company’s stock.

Hedge Funds Weigh In On ExlService

Several hedge funds and other institutional investors have recently made changes to their positions in EXLS. M&G PLC bought a new stake in ExlService in the third quarter valued at approximately $12,527,000. Nordea Investment Management AB bought a new stake in ExlService in the fourth quarter valued at approximately $23,570,000. Fox Run Management L.L.C. bought a new stake in ExlService in the fourth quarter valued at approximately $1,455,000. Aberdeen Group plc lifted its position in ExlService by 18.8% in the fourth quarter. Aberdeen Group plc now owns 562,437 shares of the business services provider’s stock valued at $23,870,000 after purchasing an additional 89,194 shares during the last quarter. Finally, UBS Group AG lifted its position in ExlService by 103.6% in the fourth quarter. UBS Group AG now owns 1,091,714 shares of the business services provider’s stock valued at $46,332,000 after purchasing an additional 555,382 shares during the last quarter. Institutional investors and hedge funds own 92.92% of the company’s stock.

ExlService Stock Performance

NASDAQ:EXLS opened at $25.93 on Monday. The company has a fifty day simple moving average of $29.67 and a two-hundred day simple moving average of $33.87. The company has a market cap of $3.96 billion, a price-to-earnings ratio of 16.52, a price-to-earnings-growth ratio of 1.09 and a beta of 0.83. The company has a quick ratio of 2.66, a current ratio of 2.66 and a debt-to-equity ratio of 0.53. ExlService has a 52 week low of $25.65 and a 52 week high of $47.11.

ExlService (NASDAQ:EXLS) last released its quarterly earnings data on Tuesday, April 28th. The business services provider reported $0.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.53 by $0.05. ExlService had a net margin of 11.66% and a return on equity of 28.50%. The company had revenue of $570.35 million during the quarter, compared to the consensus estimate of $557.67 million. During the same quarter in the prior year, the firm posted $0.48 earnings per share. ExlService’s revenue for the quarter was up 13.8% on a year-over-year basis. ExlService has set its FY 2026 guidance at 2.180-2.230 EPS. As a group, equities analysts anticipate that ExlService will post 1.8 earnings per share for the current fiscal year.

ExlService declared that its Board of Directors has initiated a share buyback plan on Tuesday, March 17th that authorizes the company to repurchase $125.00 million in shares. This repurchase authorization authorizes the business services provider to repurchase up to 2.7% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s management believes its stock is undervalued.

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.