Wall Street brokerages predict that ExlService Holdings, Inc. (NASDAQ:EXLS) will report sales of $194.02 million for the current fiscal quarter, according to Zacks Investment Research. Eight analysts have made estimates for ExlService’s earnings. The lowest sales estimate is $191.90 million and the highest is $195.60 million. ExlService posted sales of $177.27 million in the same quarter last year, which suggests a positive year-over-year growth rate of 9.4%. The business is scheduled to issue its next earnings results on Tuesday, February 27th.

On average, analysts expect that ExlService will report full-year sales of $194.02 million for the current year, with estimates ranging from $756.34 million to $760.04 million. For the next fiscal year, analysts expect that the business will post sales of $829.60 million per share, with estimates ranging from $822.79 million to $841.01 million. Zacks Investment Research’s sales averages are an average based on a survey of sell-side research firms that follow ExlService.

ExlService (NASDAQ:EXLS) last posted its quarterly earnings results on Thursday, October 26th. The business services provider reported $0.68 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.65 by $0.03. The company had revenue of $192.30 million during the quarter, compared to analyst estimates of $191.20 million. ExlService had a net margin of 9.94% and a return on equity of 14.81%. The firm’s revenue for the quarter was up 12.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.61 earnings per share.

A number of equities analysts have recently commented on the stock. BidaskClub lowered shares of ExlService from a “buy” rating to a “hold” rating in a research report on Saturday. ValuEngine downgraded shares of ExlService from a “buy” rating to a “hold” rating in a research note on Friday. Zacks Investment Research downgraded shares of ExlService from a “buy” rating to a “hold” rating in a research note on Thursday, November 9th. Needham & Company LLC reiterated a “buy” rating and issued a $68.00 price target (up previously from $60.00) on shares of ExlService in a report on Sunday, October 29th. Finally, Barrington Research lifted their price target on shares of ExlService from $65.00 to $72.00 and gave the company an “outperform” rating in a report on Friday, October 27th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and six have given a buy rating to the company’s stock. ExlService presently has an average rating of “Hold” and an average target price of $62.33.

In other ExlService news, CEO Rohit Kapoor sold 14,220 shares of the stock in a transaction on Tuesday, September 19th. The stock was sold at an average price of $55.63, for a total value of $791,058.60. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Vishal Chhibbar sold 7,119 shares of the stock in a transaction on Monday, October 9th. The stock was sold at an average price of $59.41, for a total value of $422,939.79. The disclosure for this sale can be found here. Insiders have sold a total of 388,834 shares of company stock worth $22,724,604 in the last 90 days. 5.80% of the stock is currently owned by insiders.

Hedge funds have recently added to or reduced their stakes in the business. Riverhead Capital Management LLC increased its stake in ExlService by 61.7% in the second quarter. Riverhead Capital Management LLC now owns 2,264 shares of the business services provider’s stock worth $126,000 after purchasing an additional 864 shares during the period. ETRADE Capital Management LLC purchased a new stake in ExlService in the third quarter worth $216,000. Sei Investments Co. increased its stake in ExlService by 105.3% in the second quarter. Sei Investments Co. now owns 3,899 shares of the business services provider’s stock worth $217,000 after purchasing an additional 2,000 shares during the period. Fortaleza Asset Management Inc. purchased a new stake in ExlService in the second quarter worth $230,000. Finally, GSA Capital Partners LLP purchased a new stake in ExlService in the second quarter worth $234,000. Institutional investors and hedge funds own 95.73% of the company’s stock.

ExlService (NASDAQ EXLS) opened at $60.58 on Tuesday. The company has a current ratio of 3.81, a quick ratio of 3.81 and a debt-to-equity ratio of 0.08. ExlService has a 1 year low of $44.25 and a 1 year high of $62.99. The firm has a market cap of $2,060.34, a PE ratio of 25.29, a price-to-earnings-growth ratio of 2.09 and a beta of 1.26.

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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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Earnings History and Estimates for ExlService (NASDAQ:EXLS)

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