ExlService Holdings, Inc. (NASDAQ:EXLS) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of ExlService Holdings, Inc. (NASDAQ:EXLS) have received a consensus recommendation of “Moderate Buy” from the six research firms that are currently covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating and five have assigned a buy rating to the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is $40.50.

A number of research analysts recently issued reports on the company. TD Cowen restated a “buy” rating and set a $39.00 price objective (down from $45.00) on shares of ExlService in a research report on Thursday. JPMorgan Chase & Co. increased their target price on ExlService from $42.00 to $43.00 and gave the stock an “overweight” rating in a research report on Thursday, April 30th. Barrington Research reiterated an “outperform” rating and issued a $40.00 target price on shares of ExlService in a research note on Thursday, June 25th. Finally, Weiss Ratings downgraded shares of ExlService from a “hold (c-)” rating to a “sell (d+)” rating in a report on Tuesday, June 30th.

Insider Activity

In other ExlService 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 completion of the transaction, the insider directly owned 153,295 shares of the company’s stock, valued at $4,632,574.90. The trade was a 7.26% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Ajay Ayyappan sold 5,093 shares of the company’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 completion of the transaction, the executive vice president owned 48,994 shares of the company’s stock, valued at approximately $1,426,215.34. This trade 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. Company insiders own 3.66% of the company’s stock.

Hedge Funds Weigh In On ExlService

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Fox Run Management L.L.C. acquired a new position in shares of ExlService during the fourth quarter valued at $1,455,000. Nordea Investment Management AB acquired a new stake in ExlService in the fourth quarter worth about $23,570,000. UBS Group AG grew its position in ExlService by 103.6% in the 4th quarter. UBS Group AG now owns 1,091,714 shares of the business services provider’s stock valued at $46,332,000 after buying an additional 555,382 shares in the last quarter. Aberdeen Group plc grew its position in ExlService by 18.8% in the 4th quarter. Aberdeen Group plc now owns 562,437 shares of the business services provider’s stock valued at $23,870,000 after buying an additional 89,194 shares in the last quarter. Finally, Fort Washington Investment Advisors Inc. OH increased its stake in ExlService by 18.5% during the 4th quarter. Fort Washington Investment Advisors Inc. OH now owns 693,008 shares of the business services provider’s stock valued at $29,411,000 after buying an additional 108,398 shares during the period. 92.92% of the stock is owned by institutional investors.

ExlService Stock Performance

Shares of NASDAQ EXLS opened at $27.60 on Friday. The company has a quick ratio of 2.66, a current ratio of 2.66 and a debt-to-equity ratio of 0.53. The firm’s 50-day moving average price is $28.47 and its two-hundred day moving average price is $32.42. ExlService has a 52-week low of $24.85 and a 52-week high of $47.11. The stock has a market capitalization of $4.22 billion, a P/E ratio of 17.58, a P/E/G ratio of 1.15 and a beta of 0.84.

ExlService (NASDAQ:EXLS) last posted its earnings results on Tuesday, April 28th. The business services provider reported $0.58 EPS for the quarter, beating the consensus estimate of $0.53 by $0.05. The company had revenue of $570.35 million during the quarter, compared to analyst estimates of $557.67 million. ExlService had a return on equity of 28.50% and a net margin of 11.66%.The business’s revenue was up 13.8% compared to the same quarter last year. During the same period in the prior year, the company earned $0.48 earnings per share. ExlService has set its FY 2026 guidance at 2.180-2.230 EPS. As a group, sell-side analysts forecast that ExlService will post 1.8 earnings per share for the current year.

ExlService announced that its board has authorized a share buyback program 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 programs are generally an indication that the company’s leadership believes its shares are undervalued.

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.