ExlService Holdings, Inc. (NASDAQ:EXLS) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of ExlService Holdings, Inc. (NASDAQ:EXLS) have been assigned an average rating of “Moderate Buy” from the six research firms that are currently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating and five have issued a buy rating on the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is $41.50.

A number of research analysts have commented on the stock. Barrington Research set a $40.00 price objective on shares of ExlService and gave the company an “outperform” rating in a research note on Thursday, April 30th. Robert W. Baird set a $35.00 target price on shares of ExlService in a report on Wednesday, February 25th. Needham & Company LLC reaffirmed a “buy” rating and issued a $40.00 target price (down from $55.00) on shares of ExlService in a report on Wednesday, February 25th. Weiss Ratings downgraded shares of ExlService from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, May 29th. Finally, Stifel Nicolaus lowered their target price on shares of ExlService from $54.00 to $46.00 and set a “buy” rating on the stock in a report on Thursday, February 26th.

ExlService Price Performance

Shares of NASDAQ:EXLS opened at $28.84 on Monday. The company’s fifty day moving average price is $30.02 and its 200 day moving average price is $34.31. ExlService has a 12 month low of $26.82 and a 12 month high of $48.54. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.66 and a quick ratio of 2.66. The firm has a market capitalization of $4.41 billion, a P/E ratio of 18.37, a P/E/G ratio of 1.22 and a beta of 0.83.

ExlService (NASDAQ:EXLS) last posted its quarterly earnings data on Tuesday, April 28th. The business services provider reported $0.58 EPS for the quarter, beating analysts’ consensus estimates of $0.53 by $0.05. The company had revenue of $570.35 million for the quarter, compared to analyst estimates of $557.67 million. ExlService had a net margin of 11.66% and a return on equity of 28.50%. ExlService’s quarterly revenue was up 13.8% on a year-over-year basis. During the same period in the previous year, the business posted $0.48 earnings per share. ExlService has set its FY 2026 guidance at 2.180-2.230 EPS. As a group, sell-side analysts predict that ExlService will post 1.79 earnings per share for the current fiscal year.

ExlService announced that its Board of Directors has authorized a stock buyback plan on Tuesday, March 17th that permits the company to repurchase $125.00 million in outstanding shares. This repurchase authorization permits the business services provider to buy up to 2.7% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s leadership believes its shares are undervalued.

Insider Activity

In related news, insider Vikas Bhalla sold 12,000 shares of the business’s stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $30.22, for a total transaction of $362,640.00. Following the sale, the insider owned 153,295 shares of the company’s stock, valued at approximately $4,632,574.90. The trade was a 7.26% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Ajay Ayyappan sold 5,093 shares of the business’s stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $29.11, for a total transaction of $148,257.23. Following the sale, the executive vice president directly owned 48,994 shares in the company, valued at approximately $1,426,215.34. This represents a 9.42% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 3.66% of the stock is owned by insiders.

Institutional Trading of ExlService

A number of institutional investors have recently added to or reduced their stakes in EXLS. Bank of America Corp DE raised its position in ExlService by 122.2% during the first quarter. Bank of America Corp DE now owns 1,506,357 shares of the business services provider’s stock worth $45,869,000 after acquiring an additional 828,520 shares during the last quarter. Bull Harbor Capital LLC acquired a new position in ExlService during the first quarter worth approximately $284,000. Amundi increased its position in ExlService by 7.4% during the first quarter. Amundi now owns 770,025 shares of the business services provider’s stock worth $23,447,000 after purchasing an additional 53,229 shares during the last quarter. EverSource Wealth Advisors LLC grew its stake in ExlService by 12.2% during the first quarter. EverSource Wealth Advisors LLC now owns 7,751 shares of the business services provider’s stock worth $236,000 after buying an additional 844 shares during the period. Finally, California State Teachers Retirement System grew its stake in ExlService by 24.0% during the first quarter. California State Teachers Retirement System now owns 189,097 shares of the business services provider’s stock worth $5,758,000 after buying an additional 36,552 shares during the period. Hedge funds and other institutional investors own 92.92% of the company’s stock.

ExlService Company Profile

ExlService Holdings, Inc (NASDAQ: EXLS) is a global operations management and analytics company that partners with clients in insurance, healthcare, banking, and financial services to drive digital transformation and operational excellence. The firm delivers analytics-driven solutions and business process outsourcing services, including claims adjudication, finance and accounting, data management, and customer service support. ExlService combines domain expertise with advanced analytics, artificial intelligence, and automation technologies to help organizations optimize processes, enhance customer experiences, and manage risk.

Founded in 1999 and headquartered in New York City, ExlService has grown through a mix of organic expansion and strategic acquisitions, earning recognition for its data analytics capabilities and industry-specific knowledge.