Q1 2019 EPS Estimates for ExlService Holdings, Inc. (EXLS) Decreased by Analyst
ExlService Holdings, Inc. (NASDAQ:EXLS) – Equities research analysts at Wedbush cut their Q1 2019 earnings estimates for ExlService in a research report issued to clients and investors on Tuesday. Wedbush analyst M. Katri now anticipates that the business services provider will earn $0.53 per share for the quarter, down from their previous forecast of $0.58. Wedbush also issued estimates for ExlService’s Q2 2019 earnings at $0.56 EPS.
A number of other equities research analysts have also weighed in on the company. Zacks Investment Research lowered ExlService from a “buy” rating to a “hold” rating in a research report on Thursday, November 9th. Barrington Research boosted their price objective on ExlService from $65.00 to $72.00 and gave the stock an “outperform” rating in a research report on Friday, October 27th. Stifel Nicolaus restated a “buy” rating and set a $67.00 price objective on shares of ExlService in a research report on Thursday, October 26th. Cowen restated a “buy” rating on shares of ExlService in a research report on Friday, September 1st. Finally, Needham & Company LLC restated a “buy” rating and set a $68.00 price objective (up previously from $60.00) on shares of ExlService in a research report on Sunday, October 29th. One analyst has rated the stock with a sell rating, seven have given a hold rating and six have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $62.33.
Shares of ExlService (NASDAQ:EXLS) traded down $0.17 during mid-day trading on Wednesday, reaching $60.80. The company had a trading volume of 121,416 shares, compared to its average volume of 157,368. The company has a market cap of $2,070.00, a price-to-earnings ratio of 25.33, a P/E/G ratio of 2.10 and a beta of 1.26. ExlService has a twelve month low of $44.25 and a twelve month high of $62.99. The company has a debt-to-equity ratio of 0.08, a current ratio of 3.81 and a quick ratio of 3.81.
ExlService (NASDAQ:EXLS) last issued its quarterly earnings data on Thursday, October 26th. The business services provider reported $0.68 earnings per share for the quarter, topping analysts’ consensus estimates of $0.65 by $0.03. The business had revenue of $192.30 million for the quarter, compared to analyst estimates of $191.20 million. ExlService had a return on equity of 14.81% and a net margin of 9.94%. ExlService’s quarterly revenue was up 12.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.61 EPS.
Institutional investors have recently made changes to their positions in the stock. FMR LLC raised its stake in ExlService by 16.8% during the 2nd quarter. FMR LLC now owns 3,887,355 shares of the business services provider’s stock worth $216,060,000 after buying an additional 557,892 shares during the period. Vanguard Group Inc. raised its stake in ExlService by 2.1% during the 2nd quarter. Vanguard Group Inc. now owns 2,949,034 shares of the business services provider’s stock worth $163,908,000 after buying an additional 61,535 shares during the period. Dimensional Fund Advisors LP raised its stake in ExlService by 4.4% during the 3rd quarter. Dimensional Fund Advisors LP now owns 1,224,813 shares of the business services provider’s stock worth $71,431,000 after buying an additional 51,490 shares during the period. Aberdeen Asset Management PLC UK raised its stake in ExlService by 0.4% during the 2nd quarter. Aberdeen Asset Management PLC UK now owns 1,173,749 shares of the business services provider’s stock worth $65,237,000 after buying an additional 5,158 shares during the period. Finally, Macquarie Group Ltd. raised its stake in ExlService by 30.5% during the 2nd quarter. Macquarie Group Ltd. now owns 841,679 shares of the business services provider’s stock worth $46,781,000 after buying an additional 196,843 shares during the period. Institutional investors own 95.73% of the company’s stock.
In related news, EVP Villa Rembert De sold 31,370 shares of the company’s stock in a transaction dated Friday, September 22nd. The stock was sold at an average price of $57.21, for a total transaction of $1,794,677.70. Following the sale, the executive vice president now owns 17,067 shares in the company, valued at approximately $976,403.07. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Rohit Kapoor sold 35,780 shares of the company’s stock in a transaction dated Monday, September 18th. The shares were sold at an average price of $55.79, for a total value of $1,996,166.20. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 399,689 shares of company stock worth $23,382,485. 5.80% of the stock is owned by corporate insiders.
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ExlService Company Profile
ExlService Holdings, Inc is an operations management and analytics company. The Company segments include Insurance; Healthcare; Travel, Transportation and Logistics; Finance and Accounting (F&A); Analytics, and All Other. The Insurance operating segment serves property and casualty insurance, life insurance, disability insurance, annuity and retirement services companies.
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