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

ExlService Holdings, Inc. (NASDAQ:EXLS) has earned a consensus rating of “Moderate Buy” from the six brokerages that are presently covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $41.50.

EXLS has been the subject of a number of research reports. Stifel Nicolaus lowered their price objective on shares of ExlService from $54.00 to $46.00 and set a “buy” rating for the company in a research note on Thursday, February 26th. Wall Street Zen raised shares of ExlService from a “hold” rating to a “buy” rating in a research report on Saturday, February 7th. Needham & Company LLC reissued a “buy” rating and set a $40.00 price target (down from $55.00) on shares of ExlService in a research report on Wednesday, February 25th. Barrington Research set a $40.00 price target on shares of ExlService and gave the company an “outperform” rating in a research report on Thursday, April 30th. Finally, Weiss Ratings lowered shares of ExlService from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, April 24th.

Insider Activity at ExlService

In other ExlService news, EVP Ajay Ayyappan sold 5,093 shares of the stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $29.11, for a total transaction of $148,257.23. Following the completion of the sale, the executive vice president directly owned 48,994 shares of the company’s stock, valued at approximately $1,426,215.34. This represents a 9.42% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 4.04% of the company’s stock.

Institutional Trading of ExlService

Hedge funds have recently modified their holdings of the company. CENTRAL TRUST Co lifted its position in shares of ExlService by 2,428.0% during the third quarter. CENTRAL TRUST Co now owns 632 shares of the business services provider’s stock valued at $28,000 after buying an additional 607 shares during the last quarter. Transamerica Financial Advisors LLC increased its holdings in shares of ExlService by 285.2% during the fourth quarter. Transamerica Financial Advisors LLC now owns 678 shares of the business services provider’s stock valued at $29,000 after acquiring an additional 502 shares in the last quarter. True Wealth Design LLC increased its holdings in shares of ExlService by 57.2% during the fourth quarter. True Wealth Design LLC now owns 706 shares of the business services provider’s stock valued at $30,000 after acquiring an additional 257 shares in the last quarter. Private Trust Co. NA increased its holdings in shares of ExlService by 56.2% during the fourth quarter. Private Trust Co. NA now owns 717 shares of the business services provider’s stock valued at $30,000 after acquiring an additional 258 shares in the last quarter. Finally, V Square Quantitative Management LLC acquired a new position in shares of ExlService during the fourth quarter valued at about $33,000. 92.92% of the stock is owned by hedge funds and other institutional investors.

ExlService Stock Down 0.7%

NASDAQ:EXLS opened at $28.74 on Thursday. ExlService has a 1-year low of $26.82 and a 1-year high of $48.54. The company has a 50-day moving average of $30.29 and a 200 day moving average of $35.15. The firm has a market cap of $4.39 billion, a PE ratio of 18.31, a price-to-earnings-growth ratio of 1.22 and a beta of 0.87. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.66 and a quick ratio of 2.66.

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

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

About ExlService

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.