ExlService Holdings, Inc. (NASDAQ:EXLS) has received an average rating of “Hold” from the twelve ratings firms that are presently covering the stock, Marketbeat reports. Eight equities research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $66.14.
Several research analysts have weighed in on EXLS shares. BidaskClub upgraded shares of ExlService from a “hold” rating to a “buy” rating in a research note on Tuesday, July 21st. Citigroup decreased their target price on shares of ExlService from $58.00 to $56.00 and set a “neutral” rating for the company in a research report on Wednesday, April 22nd. Needham & Company LLC downgraded shares of ExlService from a “buy” rating to a “hold” rating and set a $55.00 target price for the company. in a research report on Thursday, May 7th. They noted that the move was a valuation call. Wells Fargo & Co raised shares of ExlService from an “underweight” rating to an “equal weight” rating and decreased their target price for the stock from $76.00 to $56.00 in a research report on Friday, April 17th. Finally, Barrington Research downgraded shares of ExlService to a “hold” rating in a research report on Thursday, May 28th.
EXLS stock opened at $64.06 on Friday. ExlService has a 52-week low of $40.61 and a 52-week high of $79.78. The company’s 50 day simple moving average is $62.16 and its 200-day simple moving average is $63.16. The company has a debt-to-equity ratio of 0.36, a current ratio of 2.34 and a quick ratio of 2.34. The firm has a market capitalization of $2.20 billion, a P/E ratio of 29.39, a P/E/G ratio of 4.12 and a beta of 1.17.
ExlService (NASDAQ:EXLS) last released its quarterly earnings data on Thursday, May 7th. The business services provider reported $0.81 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.75 by $0.06. The firm had revenue of $246.00 million for the quarter, compared to analyst estimates of $250.19 million. ExlService had a net margin of 7.55% and a return on equity of 14.43%. The company’s revenue for the quarter was up 2.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.71 EPS. Sell-side analysts predict that ExlService will post 1.89 EPS for the current fiscal year.
A number of large investors have recently added to or reduced their stakes in EXLS. Wellington Management Group LLP raised its stake in shares of ExlService by 42.1% in the 1st quarter. Wellington Management Group LLP now owns 1,942,032 shares of the business services provider’s stock valued at $101,043,000 after buying an additional 575,727 shares in the last quarter. Macquarie Group Ltd. raised its stake in shares of ExlService by 4.4% in the 4th quarter. Macquarie Group Ltd. now owns 1,159,251 shares of the business services provider’s stock valued at $80,522,000 after buying an additional 49,298 shares in the last quarter. State Street Corp raised its stake in shares of ExlService by 5.5% in the 1st quarter. State Street Corp now owns 1,058,750 shares of the business services provider’s stock valued at $55,087,000 after buying an additional 55,378 shares in the last quarter. Royal Bank of Canada raised its stake in shares of ExlService by 9.7% in the 1st quarter. Royal Bank of Canada now owns 764,007 shares of the business services provider’s stock valued at $39,750,000 after buying an additional 67,620 shares in the last quarter. Finally, Geode Capital Management LLC raised its stake in shares of ExlService by 4.8% in the 1st quarter. Geode Capital Management LLC now owns 493,767 shares of the business services provider’s stock valued at $25,690,000 after buying an additional 22,824 shares in the last quarter. Hedge funds and other institutional investors own 92.59% of the company’s stock.
ExlService Company Profile
ExlService Holdings, Inc provides operations management and analytics services in the United States, the United Kingdom, and internationally. The company offers business process management (BPM) services to the insurance industry in the areas of claims processing, subrogation, premium and benefit administration, agency management, account reconciliation, policy research, underwriting support, new business processing, policy servicing, premium audit, surveys, billing and collection, commercial and residential survey, and customer services.
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