$0.65 EPS Expected for ExlService Holdings, Inc. (EXLS) This Quarter
Equities analysts predict that ExlService Holdings, Inc. (NASDAQ:EXLS) will post earnings of $0.65 per share for the current quarter, according to Zacks. Eight analysts have made estimates for ExlService Holdings’ earnings. The highest EPS estimate is $0.66 and the lowest is $0.64. ExlService Holdings reported earnings of $0.61 per share in the same quarter last year, which indicates a positive year over year growth rate of 6.6%. The business is expected to announce its next quarterly earnings report on Tuesday, February 27th.
On average, analysts expect that ExlService Holdings will report full year earnings of $2.63 per share for the current financial year, with EPS estimates ranging from $2.62 to $2.64. For the next fiscal year, analysts anticipate that the business will post earnings of $2.86 per share, with EPS estimates ranging from $2.79 to $2.90. Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side research analysts that follow ExlService Holdings.
ExlService Holdings (NASDAQ:EXLS) last issued its quarterly earnings results on Thursday, October 26th. The business services provider reported $0.68 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.65 by $0.03. The firm had revenue of $192.30 million for the quarter, compared to the consensus estimate of $191.20 million. ExlService Holdings had a net margin of 9.94% and a return on equity of 14.81%. The company’s revenue for the quarter was up 12.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.61 EPS.
A number of research analysts have recently issued reports on EXLS shares. Citigroup Inc. boosted their price target on shares of ExlService Holdings from $59.00 to $61.00 and gave the stock a “neutral” rating in a research report on Friday, October 27th. Needham & Company LLC reiterated a “buy” rating and set a $60.00 target price (up previously from $59.00) on shares of ExlService Holdings in a research report on Sunday, July 30th. Barrington Research boosted their target price on shares of ExlService Holdings from $65.00 to $72.00 and gave the company an “outperform” rating in a research report on Friday, October 27th. BidaskClub downgraded shares of ExlService Holdings from a “buy” rating to a “hold” rating in a research report on Monday, July 24th. Finally, Stifel Nicolaus reiterated a “buy” rating and set a $67.00 target price on shares of ExlService Holdings in a research report on Thursday, October 26th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and six have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $62.33.
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ExlService Holdings (EXLS) opened at $60.96 on Wednesday. The stock has a market cap of $2,087.15, a P/E ratio of 25.62, a PEG ratio of 2.12 and a beta of 1.30. ExlService Holdings has a 1 year low of $44.25 and a 1 year high of $62.92. The company has a debt-to-equity ratio of 0.08, a current ratio of 3.81 and a quick ratio of 3.81.
In related news, Director Clyde W. Ostler sold 6,916 shares of the business’s stock in a transaction dated Wednesday, November 1st. The shares were sold at an average price of $62.10, for a total value of $429,483.60. Following the transaction, the director now directly owns 6,916 shares of the company’s stock, valued at approximately $429,483.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Rohit Kapoor sold 4,149 shares of the business’s stock in a transaction dated Monday, November 6th. The stock was sold at an average price of $62.50, for a total transaction of $259,312.50. The disclosure for this sale can be found here. In the last quarter, insiders sold 382,258 shares of company stock valued at $22,319,128. Company insiders own 5.80% of the company’s stock.
Several large investors have recently modified their holdings of the stock. BlackRock Inc. boosted its holdings in shares of ExlService Holdings by 145,337.4% in the 1st quarter. BlackRock Inc. now owns 3,986,440 shares of the business services provider’s stock worth $188,797,000 after buying an additional 3,983,699 shares during the last quarter. FMR LLC lifted its holdings in ExlService Holdings by 16.8% during the second quarter. FMR LLC now owns 3,887,355 shares of the business services provider’s stock valued at $216,060,000 after purchasing an additional 557,892 shares during the last quarter. Vanguard Group Inc. lifted its holdings in ExlService Holdings by 2.1% during 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 purchasing an additional 61,535 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in ExlService Holdings by 4.4% during the third quarter. Dimensional Fund Advisors LP now owns 1,224,813 shares of the business services provider’s stock valued at $71,431,000 after purchasing an additional 51,490 shares during the last quarter. Finally, Aberdeen Asset Management PLC UK lifted its holdings in ExlService Holdings by 0.4% during 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 purchasing an additional 5,158 shares during the last quarter. 93.91% of the stock is currently owned by institutional investors.
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.
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