ExlService Holdings, Inc. (NASDAQ:EXLS) – Equities researchers at Wedbush reduced their Q1 2018 earnings estimates for ExlService in a research report issued on Tuesday. Wedbush analyst M. Katri now expects that the business services provider will earn $0.50 per share for the quarter, down from their previous estimate of $0.51. Wedbush also issued estimates for ExlService’s Q3 2018 earnings at $0.61 EPS, Q4 2018 earnings at $0.56 EPS, FY2018 earnings at $2.16 EPS, Q3 2019 earnings at $0.61 EPS and FY2019 earnings at $2.28 EPS.

ExlService (NASDAQ:EXLS) last announced its quarterly earnings data on Thursday, October 26th. The business services provider reported $0.68 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.65 by $0.03. The firm had revenue of $192.30 million during the quarter, compared to analysts’ expectations of $191.20 million. ExlService had a return on equity of 14.81% and a net margin of 9.94%. The company’s quarterly revenue was up 12.3% compared to the same quarter last year. During the same period in the previous year, the business posted $0.61 EPS.

Other equities analysts have also issued reports about the company. Zacks Investment Research upgraded ExlService from a “hold” rating to a “buy” rating and set a $68.00 price objective for the company in a research report on Tuesday, October 31st. Needham & Company LLC reaffirmed a “buy” rating and set a $68.00 price target (up previously from $60.00) on shares of ExlService in a research report on Sunday, October 29th. Stifel Nicolaus reaffirmed a “buy” rating and set a $67.00 price target on shares of ExlService in a research report on Thursday, October 26th. Cantor Fitzgerald reiterated a “buy” rating and set a $64.00 price objective on shares of ExlService in a research note on Thursday, October 26th. Finally, Cowen reiterated a “buy” rating and set a $54.00 price objective on shares of ExlService in a research note on Thursday, October 12th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and six have issued a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $62.33.

ExlService (EXLS) traded up $0.18 during trading on Thursday, hitting $60.97. The stock had a trading volume of 128,000 shares, compared to its average volume of 157,518. The firm has a market cap of $2,070.00, a price-to-earnings ratio of 25.33, a P/E/G ratio of 2.10 and a beta of 1.26. ExlService has a 52 week low of $44.25 and a 52 week high of $62.99. 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, EVP Villa Rembert De sold 31,370 shares of the firm’s stock in a transaction dated Friday, September 22nd. The stock was sold at an average price of $57.21, for a total value of $1,794,677.70. Following the sale, the executive vice president now directly owns 17,067 shares of the company’s stock, valued at $976,403.07. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Rohit Kapoor sold 14,220 shares of the firm’s stock in a transaction dated Tuesday, September 19th. The shares were sold at an average price of $55.63, for a total value of $791,058.60. The disclosure for this sale can be found here. Insiders have sold a total of 399,689 shares of company stock worth $23,382,485 in the last quarter. Company insiders own 5.80% of the company’s stock.

Institutional investors have recently bought and sold shares of the business. GSA Capital Partners LLP increased its holdings in ExlService by 116.2% in the third quarter. GSA Capital Partners LLP now owns 9,123 shares of the business services provider’s stock worth $532,000 after purchasing an additional 4,904 shares in the last quarter. California Public Employees Retirement System increased its holdings in ExlService by 5.9% in the third quarter. California Public Employees Retirement System now owns 55,718 shares of the business services provider’s stock worth $3,249,000 after purchasing an additional 3,118 shares in the last quarter. Kalos Management Inc. bought a new stake in ExlService in the third quarter worth approximately $604,000. Magnetar Financial LLC bought a new stake in ExlService in the third quarter worth approximately $1,331,000. Finally, Dimensional Fund Advisors LP grew its stake in ExlService by 4.4% in 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 acquiring an additional 51,490 shares during the period. Hedge funds and other institutional investors own 95.73% of the company’s stock.

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About ExlService

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.

Earnings History and Estimates for ExlService (NASDAQ:EXLS)

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