ExlService Holdings Upgraded by Zacks to Neutral (EXLS)
ExlService Holdings (NASDAQ:EXLS) was upgraded by Zacks from an “underperform” rating to a “neutral” rating in a research note issued to investors on Tuesday, Stock Ratings Network.com reports. The firm currently has a $29.20 price target on the stock. Zacks‘ target price would suggest a potential upside of 0.24% from the stock’s previous close.
In other ExlService Holdings news, CFO Vishal Chhibbar unloaded 4,660 shares of the stock in a transaction that occurred on Tuesday, September 24th. The shares were sold at an average price of $29.46, for a total value of $137,283.60. Following the transaction, the chief financial officer now directly owns 3,008 shares in the company, valued at approximately $88,616. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
Separately, analysts at Robert W. Baird upgraded shares of ExlService Holdings (NASDAQ:EXLS) from a “neutral” rating to an “outperform” rating in a research note to investors on Friday, August 23rd. They now have a $34.00 price target on the stock, up previously from $33.00. Six research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. ExlService Holdings has a consensus rating of “Hold” and a consensus price target of $32.26.
ExlService Holdings (NASDAQ:EXLS) traded up 2.28% on Tuesday, hitting $29.13. 198,150 shares of the company’s stock traded hands. ExlService Holdings has a 52-week low of $25.87 and a 52-week high of $32.97. The stock’s 50-day moving average is $27.93 and its 200-day moving average is $29.8. The company has a market cap of $953.5 million and a P/E ratio of 22.46.
ExlService Holdings (NASDAQ:EXLS) last released its earnings data on Tuesday, July 30th. The company reported $0.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.36 by $0.01. The company had revenue of $116.00 million for the quarter, compared to the consensus estimate of $115.92 million. During the same quarter last year, the company posted $0.36 earnings per share. ExlService Holdings’s revenue was up 7.4% compared to the same quarter last year. On average, analysts predict that ExlService Holdings will post $1.74 earnings per share for the current fiscal year.
ExlService Holdings, Inc is a provider of outsourcing and transformation services. The Company’s outsourcing services provide front-, middle- and back-office processing services for its primarily United States-based and United Kingdom-based clients.
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