ExlService (NASDAQ:EXLS) updated its third quarter 2020
After-Hours earnings guidance on Monday. The company provided earnings per share (EPS) guidance of 1.00 for the period. The company issued revenue guidance of $239 million, compared to the consensus revenue estimate of $235.62 million.ExlService also updated its FY 2020
After-Hours guidance to 3.35-3.45 EPS.
Several equities analysts have commented on EXLS shares. TheStreet upgraded ExlService from a c+ rating to a b- rating in a report on Tuesday, August 11th. Citigroup upped their target price on shares of ExlService from $56.00 to $69.00 and gave the company a neutral rating in a research note on Monday, August 10th. JPMorgan Chase & Co. boosted their target price on shares of ExlService from $66.00 to $77.00 and gave the company a neutral rating in a research note on Monday, August 17th. Barrington Research restated a hold rating on shares of ExlService in a report on Friday, August 7th. Finally, Zacks Investment Research upgraded ExlService from a sell rating to a hold rating in a report on Tuesday, August 11th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and two have assigned a buy rating to the stock. ExlService presently has an average rating of Hold and a consensus price target of $69.44.
NASDAQ:EXLS traded up $1.02 during trading hours on Monday, hitting $61.74. 107,154 shares of the company’s stock traded hands, compared to its average volume of 202,183. The company has a quick ratio of 2.91, a current ratio of 2.91 and a debt-to-equity ratio of 0.32. The business’s fifty day simple moving average is $64.99 and its two-hundred day simple moving average is $61.26. The firm has a market cap of $2.08 billion, a P/E ratio of 31.95, a P/E/G ratio of 4.14 and a beta of 1.09. ExlService has a 52 week low of $40.61 and a 52 week high of $79.78.
ExlService (NASDAQ:EXLS) last announced its quarterly earnings data on Thursday, August 6th. The business services provider reported $0.53 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.31 by $0.22. ExlService had a net margin of 7.29% and a return on equity of 13.04%. The company had revenue of $222.50 million during the quarter, compared to analysts’ expectations of $208.83 million. During the same quarter in the prior year, the company earned $0.74 EPS. The firm’s revenue was down 8.6% on a year-over-year basis. On average, analysts expect that ExlService will post 2.11 EPS for the current year.
In related news, EVP Vivek Jetley sold 1,316 shares of ExlService stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $68.50, for a total transaction of $90,146.00. Following the transaction, the executive vice president now directly owns 39,536 shares in the company, valued at $2,708,216. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Maurizio Nicolelli purchased 1,500 shares of the business’s stock in a transaction on Thursday, September 3rd. The shares were bought at an average cost of $63.69 per share, with a total value of $95,535.00. Following the acquisition, the chief financial officer now directly owns 1,500 shares of the company’s stock, valued at approximately $95,535. The disclosure for this purchase can be found here. 3.20% of the stock is owned by corporate insiders.
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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