ExlService Holdings, Inc. (NASDAQ:EXLS) Stock Has Consensus Target Price of $44.50 According to Brokerages

Shares of ExlService Holdings, Inc. (NASDAQ:EXLS) have earned a consensus rating of “Moderate Buy” from the seven brokerages that are presently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a hold rating and six have given a buy rating to the company. The average 1-year price target among analysts that have covered the stock in the last year is $44.50.

A number of research analysts recently commented on the stock. Needham & Company LLC boosted their price objective on shares of ExlService from $40.00 to $45.00 and gave the company a “buy” rating in a research report on Wednesday, July 29th. Robert W. Baird set a $45.00 price target on shares of ExlService and gave the stock an “outperform” rating in a research note on Thursday, July 30th. TD Cowen reiterated a “buy” rating and set a $45.00 price objective (up from $43.00) on shares of ExlService in a report on Thursday, August 27th. Wall Street Zen raised ExlService from a “hold” rating to a “buy” rating in a research report on Saturday, September 26th. Finally, Weiss Ratings raised ExlService from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, September 2nd.

ExlService Stock Performance

EXLS opened at $42.91 on Friday. The company has a market capitalization of $6.51 billion, a PE ratio of 23.99, a P/E/G ratio of 1.65 and a beta of 0.84. The stock’s fifty day moving average is $36.68 and its 200-day moving average is $32.12. ExlService has a one year low of $24.85 and a one year high of $43.88.

ExlService (NASDAQ:EXLS) last issued its earnings results on Tuesday, July 28th. The business services provider reported $0.59 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.55 by $0.04. The business had revenue of $594.76 million for the quarter, compared to analysts’ expectations of $573.94 million. ExlService had a return on equity of 30.61% and a net margin of 11.17%. The company’s quarterly revenue was up 15.6% on a year-over-year basis. During the same period in the previous year, the firm posted $0.49 EPS. ExlService has set its FY 2026 guidance at 2.250-2.290 EPS. On average, equities research analysts forecast that ExlService will post 1.82 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, insider Vikas Bhalla sold 11,000 shares of the firm’s stock in a transaction dated Thursday, October 1st. The stock was sold at an average price of $35.38, for a total transaction of $389,180.00. Following the completion of the sale, the insider directly owned 109,295 shares of the company’s stock, valued at $3,866,857.10. This trade represents a 9.14% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 3.66% of the stock is currently owned by insiders.

Hedge Funds Weigh In On ExlService

A number of hedge funds have recently added to or reduced their stakes in EXLS. BlackRock Inc. acquired a new stake in ExlService in the second quarter valued at approximately $488,370,000. Bank of America Corp DE bought a new stake in ExlService in the second quarter worth approximately $48,189,000. Fort Washington Investment Advisors Inc. OH increased its stake in shares of ExlService by 6.2% during the 3rd quarter. Fort Washington Investment Advisors Inc. OH now owns 1,775,966 shares of the business services provider’s stock worth $61,058,000 after purchasing an additional 103,789 shares during the last quarter. Bank of New York Mellon Corp acquired a new position in shares of ExlService during the 2nd quarter worth $25,214,000. Finally, Amundi increased its stake in shares of ExlService by 17.8% during the 2nd quarter. Amundi now owns 907,421 shares of the business services provider’s stock worth $23,466,000 after purchasing an additional 137,396 shares during the last quarter. Institutional investors and hedge funds own 92.92% of the company’s stock.

About ExlService

ExlService Holdings, Inc, operating under the EXL brand, is a data analytics and digital operations company that helps businesses use data, technology and artificial intelligence to improve decision-making, manage risk and enhance operational performance. Its services include data management, advanced analytics, business process solutions, automation and technology-enabled transformation.

EXL serves clients across industries including insurance, healthcare, banking and capital markets, utilities, travel and transportation, retail, media and manufacturing.