ExlService Holdings, Inc. (NASDAQ:EXLS)’s share price reached a new 52-week high on Friday . The stock traded as high as $61.63 and last traded at $61.61, with a volume of 75,951 shares trading hands. The stock had previously closed at $60.90.

A number of equities analysts have recently commented on EXLS shares. Zacks Investment Research raised ExlService Holdings from a “hold” rating to a “strong-buy” rating and set a $64.00 price target for the company in a research note on Tuesday, July 4th. BidaskClub lowered ExlService Holdings from a “strong-buy” rating to a “buy” rating in a research note on Thursday, July 6th. Citigroup Inc. lowered ExlService Holdings from a “buy” rating to a “neutral” rating and raised their price target for the stock from $54.00 to $59.00 in a research note on Tuesday, July 18th. Cowen and Company reissued a “buy” rating and set a $54.00 price target on shares of ExlService Holdings in a research note on Friday, July 28th. Finally, Barrington Research set a $65.00 price target on ExlService Holdings and gave the stock an “outperform” rating in a research note on Friday, July 28th. One research analyst has rated the stock with a sell rating, six have given a hold rating and six have given a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $60.33.

The firm has a market cap of $2.07 billion, a PE ratio of 31.05 and a beta of 1.27. The firm has a 50-day moving average of $57.94 and a 200 day moving average of $53.91.

ExlService Holdings (NASDAQ:EXLS) last issued its quarterly earnings data on Thursday, July 27th. The business services provider reported $0.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.46 by $0.24. The company had revenue of $189.10 million for the quarter, compared to analyst estimates of $185.65 million. ExlService Holdings had a return on equity of 14.34% and a net margin of 9.53%. The business’s quarterly revenue was up 10.9% compared to the same quarter last year. During the same quarter last year, the company posted $0.55 earnings per share. Analysts predict that ExlService Holdings, Inc. will post $2.61 earnings per share for the current year.

In other ExlService Holdings news, CFO Vishal Chhibbar sold 7,119 shares of ExlService Holdings stock in a transaction that occurred on Monday, October 9th. The stock was sold at an average price of $59.41, for a total value of $422,939.79. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, COO Pavan Bagai sold 23,311 shares of ExlService Holdings stock in a transaction that occurred on Thursday, October 12th. The shares were sold at an average price of $60.27, for a total value of $1,404,953.97. The disclosure for this sale can be found here. In the last three months, insiders have sold 345,249 shares of company stock worth $20,005,339. Corporate insiders own 5.80% of the company’s stock.

Several hedge funds have recently bought and sold shares of EXLS. BlackRock Inc. lifted its position in shares of ExlService Holdings by 145,337.4% during the 1st quarter. BlackRock Inc. now owns 3,986,440 shares of the business services provider’s stock valued at $188,797,000 after acquiring an additional 3,983,699 shares during the period. FMR LLC lifted its position in shares of ExlService Holdings by 16.8% during the 2nd quarter. FMR LLC now owns 3,887,355 shares of the business services provider’s stock valued at $216,060,000 after acquiring an additional 557,892 shares during the period. Neumeier Poma Investment Counsel LLC acquired a new stake in shares of ExlService Holdings during the 2nd quarter valued at approximately $11,108,000. Macquarie Group Ltd. lifted its position in shares of ExlService Holdings by 30.5% during the 2nd quarter. Macquarie Group Ltd. now owns 841,679 shares of the business services provider’s stock valued at $46,781,000 after acquiring an additional 196,843 shares during the period. Finally, Vanguard Group Inc. lifted its position in shares of ExlService Holdings by 4.9% during the 1st quarter. Vanguard Group Inc. now owns 2,887,499 shares of the business services provider’s stock valued at $136,752,000 after acquiring an additional 135,087 shares during the period. Institutional investors own 94.70% of the company’s stock.

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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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