ExlService (NASDAQ:EXLS) Hits New 12-Month Low – What’s Next?

ExlService Holdings, Inc. (NASDAQ:EXLS) shares hit a new 52-week low during trading on Thursday . The stock traded as low as $26.84 and last traded at $27.16, with a volume of 3389112 shares. The stock had previously closed at $29.73.

Wall Street Analyst Weigh In

Several research analysts have recently commented on EXLS shares. Barrington Research set a $40.00 target price on ExlService and gave the stock an “outperform” rating in a research report on Thursday, April 30th. Wall Street Zen upgraded ExlService from a “hold” rating to a “buy” rating in a research report on Saturday, February 7th. Robert W. Baird set a $35.00 target price on ExlService in a research report on Wednesday, February 25th. Needham & Company LLC reiterated a “buy” rating and issued a $40.00 target price (down from $55.00) on shares of ExlService in a research report on Wednesday, February 25th. Finally, Weiss Ratings lowered ExlService from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, April 24th. Five equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, ExlService presently has a consensus rating of “Moderate Buy” and a consensus target price of $41.50.

ExlService Trading Down 8.6%

The firm has a market cap of $4.15 billion, a P/E ratio of 17.30, a P/E/G ratio of 1.26 and a beta of 0.87. The company has a debt-to-equity ratio of 0.53, a quick ratio of 2.66 and a current ratio of 2.66. The firm has a fifty day moving average of $30.78 and a 200-day moving average of $35.93.

ExlService (NASDAQ:EXLS) last announced its quarterly earnings results on Tuesday, April 28th. The business services provider reported $0.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.53 by $0.05. The business had revenue of $570.35 million for the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same quarter last year, the business posted $0.48 EPS. ExlService has set its FY 2026 guidance at 2.180-2.230 EPS. Equities research analysts forecast that ExlService Holdings, Inc. will post 1.79 earnings per share for the current year.

ExlService announced that its Board of Directors has initiated a stock repurchase program on Tuesday, March 17th that authorizes the company to repurchase $125.00 million in outstanding shares. This repurchase authorization authorizes the business services provider to reacquire up to 2.7% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company’s management believes its stock is undervalued.

Insider Activity

In related news, EVP Ajay Ayyappan sold 1,197 shares of the firm’s stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $29.79, for a total value of $35,658.63. Following the sale, the executive vice president owned 53,901 shares of the company’s stock, valued at approximately $1,605,710.79. This trade represents a 2.17% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 4.04% of the company’s stock.

Institutional Trading of ExlService

Several hedge funds have recently added to or reduced their stakes in EXLS. Tandem Investment Advisors Inc. raised its stake in shares of ExlService by 602.1% in the 3rd quarter. Tandem Investment Advisors Inc. now owns 71,957 shares of the business services provider’s stock worth $3,168,000 after buying an additional 61,708 shares in the last quarter. M&G PLC acquired a new position in shares of ExlService in the 3rd quarter worth $12,527,000. Nordea Investment Management AB acquired a new position in shares of ExlService in the 4th quarter worth $23,570,000. Aberdeen Group plc grew its holdings in shares of ExlService by 18.8% in the 4th quarter. Aberdeen Group plc now owns 562,437 shares of the business services provider’s stock worth $23,870,000 after acquiring an additional 89,194 shares during the last quarter. Finally, Fort Washington Investment Advisors Inc. OH grew its holdings in shares of ExlService by 18.5% in the 4th quarter. Fort Washington Investment Advisors Inc. OH now owns 693,008 shares of the business services provider’s stock worth $29,411,000 after acquiring an additional 108,398 shares during the last quarter. 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.