Brokerages predict that ExlService Holdings, Inc. (NASDAQ:EXLS) will report sales of $191.38 million for the current quarter, according to Zacks Investment Research. Eight analysts have made estimates for ExlService Holdings’ earnings, with estimates ranging from $190.03 million to $193.22 million. ExlService Holdings reported sales of $171.20 million in the same quarter last year, which indicates a positive year-over-year growth rate of 11.8%. The firm is scheduled to announce its next quarterly earnings report on Thursday, October 26th.

On average, analysts expect that ExlService Holdings will report full year sales of $191.38 million for the current year, with estimates ranging from $755.00 million to $759.57 million. For the next year, analysts forecast that the firm will post sales of $828.48 million per share, with estimates ranging from $820.00 million to $838.31 million. Zacks Investment Research’s sales calculations are an average based on a survey of sell-side research firms that follow ExlService Holdings.

ExlService Holdings (NASDAQ:EXLS) last posted its earnings results on Thursday, July 27th. The business services provider reported $0.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.46 by $0.24. ExlService Holdings had a return on equity of 14.34% and a net margin of 9.53%. The firm had revenue of $189.10 million during the quarter, compared to analysts’ expectations of $185.65 million. During the same period in the previous year, the firm earned $0.55 earnings per share. The company’s revenue was up 10.9% on a year-over-year basis.

Several research analysts have recently weighed in on the stock. Zacks Investment Research upgraded shares of ExlService Holdings from a “hold” rating to a “strong-buy” rating and set a $66.00 price objective on the stock in a research report on Tuesday, August 1st. Needham & Company LLC reiterated a “buy” rating and issued a $60.00 price target (up from $59.00) on shares of ExlService Holdings in a report on Sunday, July 30th. Stifel Nicolaus reiterated a “buy” rating and issued a $67.00 price target (up from $60.00) on shares of ExlService Holdings in a report on Sunday, July 30th. BidaskClub upgraded shares of ExlService Holdings from a “hold” rating to a “buy” rating in a report on Wednesday, August 2nd. Finally, Wedbush began coverage on shares of ExlService Holdings in a report on Thursday, August 3rd. They issued a “neutral” rating and a $63.00 price target on the stock. One investment analyst has rated the stock with a sell rating, four have issued a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. ExlService Holdings presently has an average rating of “Buy” and a consensus price target of $59.80.

ExlService Holdings (NASDAQ:EXLS) opened at 55.95 on Friday. The company’s 50-day moving average price is $55.83 and its 200 day moving average price is $50.10. The firm has a market capitalization of $1.89 billion, a PE ratio of 28.39 and a beta of 1.30. ExlService Holdings has a 12 month low of $42.00 and a 12 month high of $59.84.

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In other ExlService Holdings news, CFO Vishal Chhibbar sold 1,234 shares of the business’s stock in a transaction dated Monday, June 26th. The shares were sold at an average price of $55.80, for a total value of $68,857.20. Following the completion of the sale, the chief financial officer now directly owns 7,119 shares of the company’s stock, valued at approximately $397,240.20. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Rohit Kapoor sold 43,337 shares of the business’s stock in a transaction dated Friday, June 23rd. The shares were sold at an average price of $55.03, for a total transaction of $2,384,835.11. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 81,242 shares of company stock valued at $4,403,811. 5.80% of the stock is owned by corporate insiders.

A number of large investors have recently added to or reduced their stakes in the stock. BlackRock Inc. boosted its stake in shares of ExlService Holdings by 145,337.4% in the first quarter. BlackRock Inc. now owns 3,986,440 shares of the business services provider’s stock valued at $188,797,000 after buying an additional 3,983,699 shares during the last quarter. FMR LLC boosted its stake in shares of ExlService Holdings by 16.8% in the second quarter. FMR LLC now owns 3,887,355 shares of the business services provider’s stock valued at $216,060,000 after buying an additional 557,892 shares during the last quarter. Vanguard Group Inc. boosted its stake in shares of ExlService Holdings by 2.1% in the second quarter. Vanguard Group Inc. now owns 2,949,034 shares of the business services provider’s stock valued at $163,908,000 after buying an additional 61,535 shares during the last quarter. Aberdeen Asset Management PLC UK boosted its stake in shares of ExlService Holdings by 0.4% in the second quarter. Aberdeen Asset Management PLC UK now owns 1,173,749 shares of the business services provider’s stock valued at $65,237,000 after buying an additional 5,158 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its stake in shares of ExlService Holdings by 1.1% in the second quarter. Dimensional Fund Advisors LP now owns 1,173,323 shares of the business services provider’s stock valued at $65,214,000 after buying an additional 13,095 shares during the last quarter. 94.42% of the stock is owned by institutional investors.

ExlService Holdings 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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Earnings History and Estimates for ExlService Holdings (NASDAQ:EXLS)

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