ExlService Holdings, Inc. (NASDAQ:EXLS) has earned a consensus rating of “Hold” from the fourteen analysts that are currently covering the firm, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, five have issued a hold recommendation and seven have assigned a buy recommendation to the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $62.42.

A number of analysts have commented on the stock. BidaskClub downgraded shares of ExlService from a “hold” rating to a “sell” rating in a research report on Thursday, January 4th. Citigroup boosted their price target on shares of ExlService from $59.00 to $61.00 and gave the stock a “neutral” rating in a research report on Friday, October 27th. Stifel Nicolaus reiterated a “buy” rating and issued a $67.00 target price on shares of ExlService in a report on Thursday, October 26th. SunTrust Banks reiterated a “hold” rating and issued a $60.00 target price on shares of ExlService in a report on Monday, October 9th. Finally, Zacks Investment Research downgraded shares of ExlService from a “buy” rating to a “hold” rating in a report on Wednesday, September 27th.

In other news, Director David B. Kelso sold 7,329 shares of the business’s stock in a transaction that occurred on Tuesday, December 5th. The shares were sold at an average price of $60.72, for a total transaction of $445,016.88. Following the sale, the director now owns 4,629 shares in the company, valued at $281,072.88. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Nalin Kumar Miglani sold 3,526 shares of the business’s stock in a transaction that occurred on Tuesday, December 5th. The shares were sold at an average price of $60.37, for a total transaction of $212,864.62. The disclosure for this sale can be found here. Insiders sold a total of 55,340 shares of company stock worth $3,427,555 over the last quarter. Insiders own 5.80% of the company’s stock.

Several hedge funds have recently added to or reduced their stakes in EXLS. Riverhead Capital Management LLC grew its position in ExlService by 61.7% during the second quarter. Riverhead Capital Management LLC now owns 2,264 shares of the business services provider’s stock valued at $126,000 after purchasing an additional 864 shares in the last quarter. ETRADE Capital Management LLC purchased a new position in ExlService during the third quarter valued at approximately $216,000. GSA Capital Partners LLP purchased a new position in ExlService during the second quarter valued at approximately $234,000. Sawgrass Asset Management LLC purchased a new position in ExlService during the third quarter valued at approximately $255,000. Finally, Pinebridge Investments L.P. grew its position in ExlService by 1.5% during the second quarter. Pinebridge Investments L.P. now owns 4,437 shares of the business services provider’s stock valued at $246,000 after purchasing an additional 67 shares in the last quarter. Institutional investors and hedge funds own 92.13% of the company’s stock.

ExlService (EXLS) traded down $0.51 during mid-day trading on Friday, hitting $62.97. 108,400 shares of the company’s stock were exchanged, compared to its average volume of 95,042. ExlService has a one year low of $44.25 and a one year high of $63.86. The company has a market cap of $2,154.70, a P/E ratio of 29.84, a price-to-earnings-growth ratio of 1.98 and a beta of 1.26. The company has a debt-to-equity ratio of 0.08, a current ratio of 3.81 and a quick ratio of 3.81.

ExlService (NASDAQ:EXLS) last released its quarterly earnings results on Thursday, October 26th. The business services provider reported $0.68 EPS for the quarter, topping analysts’ consensus estimates of $0.65 by $0.03. ExlService had a net margin of 9.94% and a return on equity of 14.81%. The company had revenue of $192.30 million for the quarter, compared to the consensus estimate of $191.20 million. During the same period in the previous year, the firm earned $0.61 EPS. ExlService’s revenue was up 12.3% on a year-over-year basis. sell-side analysts anticipate that ExlService will post 2.12 EPS for the current year.

ILLEGAL ACTIVITY WARNING: “ExlService Holdings, Inc. (EXLS) Given Consensus Rating of “Hold” by Analysts” was first published by The Cerbat Gem and is the property of of The Cerbat Gem. If you are viewing this piece of content on another site, it was illegally stolen and reposted in violation of US & international trademark and copyright laws. The legal version of this piece of content can be viewed at https://www.thecerbatgem.com/2018/01/19/exlservice-holdings-inc-exls-given-consensus-rating-of-hold-by-analysts.html.

About ExlService

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.

Analyst Recommendations for ExlService (NASDAQ:EXLS)

Receive News & Ratings for ExlService Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ExlService and related companies with MarketBeat.com's FREE daily email newsletter.