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

ExlService Holdings, Inc. (NASDAQ:EXLS)’s stock price hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as $35.95 and last traded at $35.8210, with a volume of 703245 shares trading hands. The stock had previously closed at $39.77.

Wall Street Analyst Weigh In

A number of research firms have recently commented on EXLS. Wall Street Zen cut ExlService from a “buy” rating to a “hold” rating in a research note on Saturday, January 17th. TD Cowen dropped their target price on shares of ExlService from $52.00 to $51.00 and set a “buy” rating on the stock in a research note on Friday, January 9th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of ExlService in a research note on Thursday, January 22nd. Four investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, ExlService presently has a consensus rating of “Moderate Buy” and a consensus target price of $53.00.

ExlService Price Performance

The stock has a market cap of $4.95 billion, a P/E ratio of 21.22, a price-to-earnings-growth ratio of 1.31 and a beta of 0.88. The company has a quick ratio of 2.91, a current ratio of 2.91 and a debt-to-equity ratio of 0.43. The business’s 50-day simple moving average is $41.17 and its two-hundred day simple moving average is $41.68.

Insiders Place Their Bets

In other news, EVP Ajay Ayyappan sold 8,114 shares of ExlService stock in a transaction on Tuesday, January 27th. The stock was sold at an average price of $42.53, for a total value of $345,088.42. Following the completion of the transaction, the executive vice president directly owned 53,515 shares in the company, valued at approximately $2,275,992.95. The trade was a 13.17% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Vikas Bhalla sold 11,774 shares of the business’s stock in a transaction on Tuesday, December 2nd. The shares were sold at an average price of $39.99, for a total value of $470,842.26. Following the sale, the insider owned 115,272 shares in the company, valued at approximately $4,609,727.28. The trade was a 9.27% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 4.04% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Mather Group LLC. purchased a new stake in shares of ExlService in the third quarter worth about $25,000. CENTRAL TRUST Co increased its holdings in ExlService by 2,428.0% during the 3rd quarter. CENTRAL TRUST Co now owns 632 shares of the business services provider’s stock worth $28,000 after acquiring an additional 607 shares during the period. True Wealth Design LLC lifted its stake in ExlService by 57.2% in the 4th quarter. True Wealth Design LLC now owns 706 shares of the business services provider’s stock worth $30,000 after purchasing an additional 257 shares in the last quarter. Private Trust Co. NA boosted its holdings in ExlService by 56.2% in the 4th quarter. Private Trust Co. NA now owns 717 shares of the business services provider’s stock valued at $30,000 after purchasing an additional 258 shares during the period. Finally, First Horizon Corp bought a new position in ExlService in the 3rd quarter valued at $32,000. 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.