ExlService Holdings, Inc. (NASDAQ:EXLS) Receives $54.50 Consensus Target Price from Analysts

ExlService Holdings, Inc. (NASDAQ:EXLS) has been given a consensus recommendation of “Moderate Buy” by the five ratings firms that are covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $54.50.

Several equities research analysts have recently weighed in on EXLS shares. Wall Street Zen cut ExlService from a “buy” rating to a “hold” rating in a research note on Saturday, November 22nd. Weiss Ratings cut ExlService from a “buy (b-)” rating to a “hold (c+)” rating in a report on Saturday, October 25th. Finally, JPMorgan Chase & Co. decreased their target price on shares of ExlService from $56.00 to $52.00 and set an “overweight” rating for the company in a research report on Wednesday, August 20th.

Insider Buying and Selling at ExlService

In related news, insider Vikas Bhalla sold 8,000 shares of ExlService stock in a transaction on Wednesday, September 10th. The shares were sold at an average price of $43.76, for a total transaction of $350,080.00. Following the completion of the transaction, the insider owned 127,046 shares of the company’s stock, valued at $5,559,532.96. This trade represents a 5.92% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 4.04% of the stock is currently owned by company insiders.

Institutional Trading of ExlService

A number of large investors have recently bought and sold shares of the business. Ensign Peak Advisors Inc boosted its holdings in shares of ExlService by 72.5% during the 2nd quarter. Ensign Peak Advisors Inc now owns 319,868 shares of the business services provider’s stock worth $14,007,000 after buying an additional 134,491 shares in the last quarter. Allworth Financial LP lifted its position in shares of ExlService by 18,533.3% during the 2nd quarter. Allworth Financial LP now owns 43,602 shares of the business services provider’s stock valued at $1,909,000 after acquiring an additional 43,368 shares during the period. Y Intercept Hong Kong Ltd acquired a new position in shares of ExlService during the 2nd quarter valued at $4,901,000. Inspire Investing LLC boosted its stake in ExlService by 281.4% during the second quarter. Inspire Investing LLC now owns 27,780 shares of the business services provider’s stock worth $1,216,000 after acquiring an additional 20,497 shares in the last quarter. Finally, Congress Asset Management Co. acquired a new stake in ExlService in the second quarter worth $7,584,000. 92.92% of the stock is currently owned by institutional investors and hedge funds.

ExlService Price Performance

EXLS stock opened at $40.05 on Thursday. The company has a market capitalization of $6.36 billion, a P/E ratio of 27.24, a PEG ratio of 1.77 and a beta of 0.90. The company has a fifty day moving average price of $40.78 and a 200-day moving average price of $43.03. The company has a debt-to-equity ratio of 0.43, a quick ratio of 3.15 and a current ratio of 2.91. ExlService has a 52-week low of $37.30 and a 52-week high of $52.43.

ExlService (NASDAQ:EXLS) last issued its quarterly earnings data on Tuesday, October 28th. The business services provider reported $0.48 earnings per share 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%. ExlService’s revenue for the quarter was up 12.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.44 earnings per share. ExlService has set its FY 2025 guidance at 1.880-1.920 EPS. As a group, equities analysts expect that ExlService will post 1.27 EPS for the current year.

ExlService Company Profile

ExlService Holdings, Inc operates as a data analytics, and digital operations and solutions company in the United States and internationally. The company operates through Insurance, Healthcare, Analytics, and Emerging Business segments. It also provides digital operations and solutions and analytics-driven services, such as claims processing, premium and benefit administration, agency management, account reconciliation, policy research, underwriting support, new business acquisition, policy servicing, premium audit, surveys, billing and collection, commercial and residential survey, and customer service using digital technology, artificial intelligence, machine learning, and advanced automation; digital customer acquisition services using a software-as-a-service delivery model through LifePRO and LISS platforms; subrogation services; and Subrosource software platform, an end-to-end subrogation platform.