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

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

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on EXLS shares. Weiss Ratings lowered shares of ExlService from a “hold (c-)” rating to a “sell (d+)” rating in a report on Tuesday. JPMorgan Chase & Co. lifted their price objective on shares of ExlService from $42.00 to $43.00 and gave the company an “overweight” rating in a report on Thursday, April 30th. TD Cowen reiterated a “buy” rating on shares of ExlService in a research note on Wednesday, June 17th. Finally, Barrington Research reaffirmed an “outperform” rating and set a $40.00 price target on shares of ExlService in a research report on Thursday, June 25th. Five research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $41.50.

ExlService Stock Up 0.9%

The business has a 50-day moving average price of $28.80 and a 200-day moving average price of $32.95. The stock has a market cap of $4.13 billion, a PE ratio of 17.21, a price-to-earnings-growth ratio of 1.13 and a beta of 0.84. The company has a current ratio of 2.66, a quick ratio of 2.66 and a debt-to-equity ratio of 0.53.

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. The firm had revenue of $570.35 million for the quarter, compared to analyst estimates of $557.67 million. ExlService had a net margin of 11.66% and a return on equity of 28.50%. ExlService’s quarterly revenue was up 13.8% compared to the same quarter last year. During the same period last year, the company posted $0.48 EPS. ExlService has set its FY 2026 guidance at 2.180-2.230 EPS. As a group, analysts forecast that ExlService Holdings, Inc. will post 1.8 earnings per share for the current year.

ExlService announced that its Board of Directors has initiated a stock 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 stock through open market purchases. Stock repurchase plans are often an indication that the company’s leadership believes its shares are undervalued.

Insider Transactions at ExlService

In other ExlService news, EVP Ajay Ayyappan sold 5,093 shares of ExlService stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $29.11, for a total transaction of $148,257.23. Following the transaction, the executive vice president directly owned 48,994 shares of the company’s stock, valued at $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 is accessible 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 company’s stock in a transaction that occurred on Thursday, June 4th. The shares were sold at an average price of $30.22, for a total value of $362,640.00. Following the completion of the transaction, the insider owned 153,295 shares in the company, valued at $4,632,574.90. This represents 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. Corporate insiders own 3.66% of the company’s stock.

Institutional Trading of ExlService

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Empowered Funds LLC increased its holdings in ExlService by 277.7% in the first quarter. Empowered Funds LLC now owns 17,384 shares of the business services provider’s stock valued at $821,000 after buying an additional 12,781 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in ExlService by 4.1% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 497,474 shares of the business services provider’s stock worth $23,486,000 after buying an additional 19,769 shares during the last quarter. Jane Street Group LLC acquired a new position in shares of ExlService during the 1st quarter worth about $10,084,000. EverSource Wealth Advisors LLC boosted its position in shares of ExlService by 575.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,883 shares of the business services provider’s stock worth $126,000 after acquiring an additional 2,456 shares in the last quarter. Finally, Marshall Wace LLP purchased a new position in shares of ExlService in the 2nd quarter valued at about $1,704,000. Hedge funds and other institutional investors own 92.92% of the company’s stock.

About ExlService

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.