Shares of ExlService Holdings, Inc. (NASDAQ:EXLS) have been given a consensus rating of “Hold” by the thirteen analysts that are currently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, six have given a hold rating and six have given a buy rating to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $60.00.

Several research analysts have recently issued reports on EXLS shares. Zacks Investment Research upgraded shares of ExlService Holdings from a “hold” rating to a “strong-buy” rating and set a $64.00 target price on the stock in a research note on Tuesday, July 4th. Citigroup Inc. downgraded shares of ExlService Holdings from a “buy” rating to a “neutral” rating and upped their target price for the stock from $54.00 to $59.00 in a research note on Tuesday, July 18th. Robert W. Baird reiterated a “buy” rating and issued a $62.00 target price on shares of ExlService Holdings in a research note on Friday, September 8th. Cowen and Company reiterated a “buy” rating on shares of ExlService Holdings in a research note on Friday, September 1st. Finally, Cantor Fitzgerald reiterated a “buy” rating and issued a $59.00 target price on shares of ExlService Holdings in a research note on Tuesday, June 20th.

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Shares of ExlService Holdings (EXLS) traded up 0.80% during trading on Wednesday, reaching $60.11. 89,299 shares of the company traded hands. The stock has a market capitalization of $2.03 billion, a P/E ratio of 30.51 and a beta of 1.27. ExlService Holdings has a 12-month low of $42.00 and a 12-month high of $60.19. The firm’s 50 day moving average is $56.90 and its 200-day moving average is $53.31.

ExlService Holdings (NASDAQ:EXLS) last posted its quarterly earnings data on Thursday, July 27th. The business services provider reported $0.70 EPS for the quarter, topping the consensus estimate of $0.46 by $0.24. ExlService Holdings had a net margin of 9.53% and a return on equity of 14.34%. The business had revenue of $189.10 million for the quarter, compared to analyst estimates of $185.65 million. During the same quarter in the previous year, the firm posted $0.55 earnings per share. ExlService Holdings’s quarterly revenue was up 10.9% on a year-over-year basis. On average, equities research analysts anticipate that ExlService Holdings will post $2.61 earnings per share for the current fiscal year.

In related news, CEO Rohit Kapoor sold 35,780 shares of the stock in a transaction that occurred on Monday, September 18th. The shares were sold at an average price of $55.79, for a total transaction of $1,996,166.20. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Villa Rembert De sold 31,370 shares of the stock in a transaction that occurred on Friday, September 22nd. The shares were sold at an average price of $57.21, for a total transaction of $1,794,677.70. Following the transaction, the executive vice president now owns 17,067 shares in the company, valued at approximately $976,403.07. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 262,300 shares of company stock worth $15,035,224. 5.80% of the stock is owned by insiders.

A number of institutional investors have recently modified their holdings of the stock. Bank of Montreal Can lifted its position in ExlService Holdings by 0.7% during the second quarter. Bank of Montreal Can now owns 4,478 shares of the business services provider’s stock valued at $249,000 after purchasing an additional 31 shares during the period. Atria Investments LLC lifted its position in ExlService Holdings by 1.1% during the second quarter. Atria Investments LLC now owns 5,055 shares of the business services provider’s stock valued at $281,000 after purchasing an additional 56 shares during the period. Pinebridge Investments L.P. lifted its position in ExlService Holdings by 1.5% during the second quarter. Pinebridge Investments L.P. now owns 4,437 shares of the business services provider’s stock valued at $246,000 after purchasing an additional 67 shares during the period. Louisiana State Employees Retirement System lifted its position in ExlService Holdings by 0.7% during the second quarter. Louisiana State Employees Retirement System now owns 13,700 shares of the business services provider’s stock valued at $761,000 after purchasing an additional 100 shares during the period. Finally, Arizona State Retirement System lifted its position in ExlService Holdings by 0.6% during the second quarter. Arizona State Retirement System now owns 17,592 shares of the business services provider’s stock valued at $978,000 after purchasing an additional 100 shares during the period. Institutional investors own 94.68% of the company’s stock.

About ExlService Holdings

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.

Analyst Recommendations for ExlService Holdings (NASDAQ:EXLS)

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