ExlService (NASDAQ:EXLS) Hits New 52-Week Low – Should You Sell?

ExlService Holdings, Inc. (NASDAQ:EXLS) shares hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as $24.85 and last traded at $25.86, with a volume of 3796865 shares. The stock had previously closed at $25.57.

Analyst Upgrades and Downgrades

EXLS has been the subject of several analyst reports. JPMorgan Chase & Co. raised their target price on ExlService from $42.00 to $43.00 and gave the stock an “overweight” rating in a research note on Thursday, April 30th. TD Cowen reiterated a “buy” rating on shares of ExlService in a research report on Wednesday, June 17th. Weiss Ratings raised shares of ExlService from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, June 15th. Finally, Barrington Research restated an “outperform” rating and issued a $40.00 price objective on shares of ExlService in a research report on Thursday, June 25th. Five equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, ExlService currently has a consensus rating of “Moderate Buy” and a consensus price target of $41.50.

ExlService Trading Up 1.1%

The company has a debt-to-equity ratio of 0.53, a current ratio of 2.66 and a quick ratio of 2.66. The stock has a market cap of $3.95 billion, a P/E ratio of 16.47, a PEG ratio of 1.08 and a beta of 0.82. The firm’s fifty day moving average price is $29.00 and its two-hundred day moving average price is $33.16.

ExlService (NASDAQ:EXLS) last posted 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 return on equity of 28.50% and a net margin of 11.66%.The company had revenue of $570.35 million during the quarter, compared to analyst estimates of $557.67 million. During the same quarter last year, the company earned $0.48 earnings per share. The firm’s quarterly revenue 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 research analysts forecast that ExlService Holdings, Inc. will post 1.8 EPS for the current year.

ExlService announced that its board has authorized a stock repurchase plan on Tuesday, March 17th that allows the company to repurchase $125.00 million in outstanding shares. This repurchase authorization allows the business services provider to reacquire up to 2.7% of its shares through open market purchases. Shares repurchase plans are often an indication that the company’s leadership believes its stock is undervalued.

Insider Transactions at ExlService

In other news, EVP Ajay Ayyappan sold 5,093 shares of the business’s stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $29.11, for a total transaction of $148,257.23. Following the completion of the transaction, the executive vice president 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Vikas Bhalla sold 12,000 shares of the business’s stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $30.22, for a total value of $362,640.00. Following the transaction, 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 position. 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

Hedge funds and other institutional investors have recently bought and sold shares of the stock. JPMorgan Chase & Co. raised its position in shares of ExlService by 9.5% during the 4th quarter. JPMorgan Chase & Co. now owns 5,927,793 shares of the business services provider’s stock valued at $251,576,000 after buying an additional 514,911 shares in the last quarter. AQR Capital Management LLC grew its position in ExlService by 109.7% in the fourth quarter. AQR Capital Management LLC now owns 4,118,625 shares of the business services provider’s stock worth $174,794,000 after acquiring an additional 2,154,652 shares in the last quarter. Handelsbanken Fonder AB grew its position in ExlService by 10.7% in the fourth quarter. Handelsbanken Fonder AB now owns 3,781,036 shares of the business services provider’s stock worth $160,467,000 after acquiring an additional 364,146 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in ExlService by 1.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,902,412 shares of the business services provider’s stock valued at $123,181,000 after acquiring an additional 32,734 shares during the last quarter. Finally, Mackenzie Financial Corp increased its stake in ExlService by 1.6% in the third quarter. Mackenzie Financial Corp now owns 2,371,967 shares of the business services provider’s stock valued at $104,438,000 after acquiring an additional 37,881 shares during the last quarter. Hedge funds and other institutional investors own 92.92% of the company’s stock.

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.