ExlService (NASDAQ:EXLS) Hits New 12-Month Low – What’s Next?

ExlService Holdings, Inc. (NASDAQ:EXLS) hit a new 52-week low during mid-day trading on Thursday . The company traded as low as $26.84 and last traded at $27.16, with a volume of 3389112 shares traded. The stock had previously closed at $29.73.

Analyst Ratings Changes

A number of brokerages recently issued reports on EXLS. Weiss Ratings cut ExlService from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, April 24th. Wall Street Zen upgraded ExlService from a “hold” rating to a “buy” rating in a report on Saturday, February 7th. Stifel Nicolaus decreased their target price on ExlService from $54.00 to $46.00 and set a “buy” rating on the stock in a report on Thursday, February 26th. Robert W. Baird set a $35.00 price target on ExlService in a report on Wednesday, February 25th. Finally, JPMorgan Chase & Co. lifted their price target on ExlService from $42.00 to $43.00 and gave the company an “overweight” rating in a report on Thursday, April 30th. Five investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $41.50.

ExlService Stock Down 8.6%

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 firm has a market cap of $4.15 billion, a PE ratio of 17.30, a P/E/G ratio of 1.26 and a beta of 0.87. The business has a fifty day moving average price of $30.78 and a two-hundred day moving average price of $35.93.

ExlService (NASDAQ:EXLS) last issued its quarterly earnings results on Tuesday, April 28th. The business services provider reported $0.58 earnings per share for the quarter, beating analysts’ consensus estimates of $0.53 by $0.05. ExlService had a return on equity of 28.50% and a net margin of 11.66%.The business had revenue of $570.35 million for the quarter, compared to the consensus estimate of $557.67 million. During the same quarter in the previous year, the company posted $0.48 earnings per share. ExlService’s revenue for the quarter was up 13.8% compared to the same quarter last year. ExlService has set its FY 2026 guidance at 2.180-2.230 EPS. On average, analysts anticipate that ExlService Holdings, Inc. will post 1.79 EPS for the current fiscal year.

ExlService declared that its Board of Directors has approved a share repurchase plan on Tuesday, March 17th that permits the company to repurchase $125.00 million in outstanding shares. This repurchase authorization permits the business services provider to reacquire up to 2.7% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s board of directors believes its stock is undervalued.

Insider Buying and Selling

In other ExlService news, EVP Ajay Ayyappan sold 2,275 shares of the business’s stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $30.32, for a total value of $68,978.00. Following the transaction, the executive vice president owned 53,768 shares in the company, valued at $1,630,245.76. The trade was a 4.06% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 4.04% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of EXLS. AQR Capital Management LLC grew its stake 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 valued at $174,794,000 after purchasing an additional 2,154,652 shares in the last quarter. Amundi purchased a new position in ExlService in the third quarter valued at about $67,862,000. Jane Street Group LLC grew its stake in ExlService by 534.2% in the second quarter. Jane Street Group LLC now owns 1,354,599 shares of the business services provider’s stock valued at $59,318,000 after purchasing an additional 1,141,008 shares in the last quarter. Qube Research & Technologies Ltd grew its stake in ExlService by 4,269.6% in the second quarter. Qube Research & Technologies Ltd now owns 882,480 shares of the business services provider’s stock valued at $38,644,000 after purchasing an additional 862,284 shares in the last quarter. Finally, Tudor Investment Corp ET AL lifted its position in shares of ExlService by 451.2% in the third quarter. Tudor Investment Corp ET AL now owns 975,894 shares of the business services provider’s stock worth $42,969,000 after buying an additional 798,831 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.