ExlService Holdings, Inc. (NASDAQ:EXLS) Stock Has Consensus Target Price of $44.50 According to Analysts

Shares of ExlService Holdings, Inc. (NASDAQ:EXLS) have earned a consensus rating of “Moderate Buy” from the seven ratings firms that are currently covering the firm, MarketBeat reports. One analyst has rated the stock with a hold rating and six have given a buy rating to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $44.50.

Several equities analysts have issued reports on the stock. Robert W. Baird set a $45.00 price objective on shares of ExlService and gave the company an “outperform” rating in a report on Thursday, July 30th. Wall Street Zen raised shares of ExlService from a “hold” rating to a “buy” rating in a research note on Saturday. TD Cowen restated a “buy” rating and set a $45.00 price target (up from $43.00) on shares of ExlService in a research report on Thursday, August 27th. Weiss Ratings raised shares of ExlService from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, September 2nd. Finally, Barrington Research set a $43.00 price objective on ExlService in a report on Thursday, July 30th.

ExlService Trading Down 1.2%

Shares of EXLS opened at $34.75 on Wednesday. The firm has a market cap of $5.27 billion, a P/E ratio of 21.86, a PEG ratio of 1.41 and a beta of 0.81. ExlService has a 12 month low of $24.85 and a 12 month high of $44.32. The stock’s 50 day moving average is $34.70 and its two-hundred day moving average is $31.19.

ExlService (NASDAQ:EXLS) last announced its earnings results on Tuesday, July 28th. The business services provider reported $0.59 earnings per share for the quarter, topping the consensus estimate of $0.55 by $0.04. ExlService had a return on equity of 30.61% and a net margin of 11.17%.The business had revenue of $594.76 million during the quarter, compared to the consensus estimate of $573.94 million. During the same period in the prior year, the company posted $0.49 EPS. The business’s quarterly revenue was up 15.6% on a year-over-year basis. ExlService has set its FY 2026 guidance at 2.250-2.290 EPS. Equities research analysts forecast that ExlService will post 1.82 EPS for the current year.

Insider Buying and Selling at ExlService

In other news, insider Vikas Bhalla sold 11,000 shares of ExlService stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $34.99, for a total value of $384,890.00. Following the sale, the insider directly owned 130,295 shares of the company’s stock, valued at $4,559,022.05. The trade was a 7.79% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 3.66% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in EXLS. BlackRock Inc. acquired a new stake in shares of ExlService in the second quarter valued at about $488,370,000. Bank of America Corp DE acquired a new position in ExlService during the second quarter worth about $48,189,000. Bank of New York Mellon Corp acquired a new position in ExlService during the second quarter worth about $25,214,000. Deutsche Bank AG purchased a new stake in ExlService during the 2nd quarter valued at about $19,355,000. Finally, Bank of Nova Scotia purchased a new stake in ExlService during the 2nd quarter valued at about $17,821,000. 92.92% of the stock is owned by institutional investors and hedge funds.

ExlService Company Profile

ExlService Holdings, Inc (NASDAQ: EXLS), operating as EXL, is a global data analytics and digital operations company. It helps businesses use data, artificial intelligence and automation to improve decision-making, streamline processes and enhance customer experiences.

EXL provides services including advanced analytics, artificial intelligence, digital transformation, business process management, finance and accounting, customer care, claims administration, underwriting support and other industry-specific operations.