ExlService Holdings (EXLS) Getting Somewhat Negative Media Coverage, Analysis Finds
News articles about ExlService Holdings (NASDAQ:EXLS) have trended somewhat negative recently, Accern Sentiment Analysis reports. Accern identifies negative and positive news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. ExlService Holdings earned a news impact score of -0.12 on Accern’s scale. Accern also gave headlines about the business services provider an impact score of 76 out of 100, meaning that recent news coverage is likely to have an impact on the stock’s share price in the next several days.
ExlService Holdings (NASDAQ EXLS) traded down 0.22% during midday trading on Monday, hitting $54.85. 92,778 shares of the company traded hands. The firm has a market capitalization of $1.85 billion, a PE ratio of 29.33 and a beta of 1.29. ExlService Holdings has a 12-month low of $42.00 and a 12-month high of $56.66. The stock’s 50-day moving average is $54.30 and its 200-day moving average is $49.28.
ExlService Holdings (NASDAQ:EXLS) last issued its quarterly earnings results on Tuesday, May 2nd. The business services provider reported $0.60 earnings per share for the quarter, topping analysts’ consensus estimates of $0.46 by $0.14. The company had revenue of $183.03 million for the quarter, compared to analyst estimates of $176.96 million. ExlService Holdings had a return on equity of 13.59% and a net margin of 9.22%. The business’s revenue for the quarter was up 9.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.56 EPS. Analysts anticipate that ExlService Holdings will post $2.57 EPS for the current fiscal year.
EXLS has been the topic of several research reports. BidaskClub lowered ExlService Holdings from a “strong-buy” rating to a “buy” rating in a research report on Thursday, July 6th. Needham & Company LLC raised their target price on shares of ExlService Holdings from $56.00 to $59.00 and gave the stock a “buy” rating in a report on Wednesday, June 21st. Cantor Fitzgerald reaffirmed a “buy” rating and set a $59.00 price target on shares of ExlService Holdings in a report on Tuesday, June 20th. Zacks Investment Research cut ExlService Holdings from a “strong-buy” rating to a “hold” rating in a report on Friday, July 14th. Finally, Wells Fargo & Company reissued a “market perform” rating and set a $50.00 target price (up previously from $48.00) on shares of ExlService Holdings in a report on Tuesday, May 23rd. Three equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. ExlService Holdings currently has an average rating of “Buy” and an average price target of $57.14.
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In other ExlService Holdings news, CEO Rohit Kapoor sold 43,337 shares of ExlService Holdings stock in a transaction that occurred on Friday, June 23rd. The shares were sold at an average price of $55.03, for a total transaction of $2,384,835.11. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CFO Vishal Chhibbar sold 1,234 shares of the business’s stock in a transaction on Monday, June 26th. The shares were sold at an average price of $55.80, for a total transaction of $68,857.20. Following the transaction, the chief financial officer now owns 7,119 shares in the company, valued at $397,240.20. The disclosure for this sale can be found here. Insiders sold 184,694 shares of company stock valued at $9,418,788 over the last quarter. Insiders own 5.80% of the company’s stock.
About ExlService Holdings
ExlService Holdings, Inc is an operations management and analytics company. The Company segments include Insurance; Healthcare; Travel, Transportation and Logistics; Finance and Accounting (F&A); Analytics, and All Other. The Insurance operating segment serves property and casualty insurance, life insurance, disability insurance, annuity and retirement services companies.
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