ExlService Holdings, Inc. (NASDAQ:EXLS) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of ExlService Holdings, Inc. (NASDAQ:EXLS) have been given a consensus rating of “Moderate Buy” by the six ratings firms that are presently covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation and five have given a buy recommendation to the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $40.50.

EXLS has been the topic of a number of recent research reports. Weiss Ratings lowered shares of ExlService from a “hold (c-)” rating to a “sell (d+)” rating in a report on Tuesday, June 30th. TD Cowen restated a “buy” rating and set a $39.00 target price (down from $45.00) on shares of ExlService in a research report on Thursday, July 9th. Barrington Research reiterated an “outperform” rating and issued a $40.00 price target on shares of ExlService in a report on Thursday, June 25th. Finally, JPMorgan Chase & Co. increased their price target on ExlService from $42.00 to $43.00 and gave the stock an “overweight” rating in a research note on Thursday, April 30th.

Insider Buying and Selling at ExlService

In related news, insider Vikas Bhalla sold 12,000 shares of the stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $30.22, for a total transaction of $362,640.00. Following the transaction, the insider directly owned 153,295 shares in the company, valued at approximately $4,632,574.90. This represents a 7.26% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Ajay Ayyappan sold 5,093 shares of ExlService stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $29.11, for a total value of $148,257.23. Following the completion of the sale, the executive vice president owned 48,994 shares of the company’s stock, valued at $1,426,215.34. This trade represents a 9.42% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 3.66% of the company’s stock.

Hedge Funds Weigh In On ExlService

Several institutional investors and hedge funds have recently bought and sold shares of EXLS. AQR Capital Management LLC boosted its holdings in shares of ExlService by 109.7% in the 4th quarter. AQR Capital Management LLC now owns 4,118,625 shares of the business services provider’s stock valued at $174,794,000 after purchasing an additional 2,154,652 shares during the last quarter. Amundi acquired a new stake in shares of ExlService during the 3rd quarter worth $67,862,000. Jane Street Group LLC raised its position in shares of ExlService by 534.2% in the 2nd quarter. Jane Street Group LLC now owns 1,354,599 shares of the business services provider’s stock worth $59,318,000 after buying an additional 1,141,008 shares during the period. Qube Research & Technologies Ltd raised its position in shares of ExlService by 4,269.6% in the 2nd quarter. Qube Research & Technologies Ltd now owns 882,480 shares of the business services provider’s stock worth $38,644,000 after buying an additional 862,284 shares during the period. Finally, Bank of America Corp DE boosted its holdings in ExlService by 122.2% in the first quarter. Bank of America Corp DE now owns 1,506,357 shares of the business services provider’s stock valued at $45,869,000 after acquiring an additional 828,520 shares during the last quarter. Institutional investors and hedge funds own 92.92% of the company’s stock.

ExlService Price Performance

Shares of NASDAQ:EXLS opened at $28.69 on Friday. The company has a debt-to-equity ratio of 0.53, a quick ratio of 2.66 and a current ratio of 2.66. The business’s fifty day moving average price is $28.13 and its two-hundred day moving average price is $31.88. The stock has a market cap of $4.38 billion, a PE ratio of 18.27, a price-to-earnings-growth ratio of 1.16 and a beta of 0.84. ExlService has a one year low of $24.85 and a one year high of $47.11.

ExlService (NASDAQ:EXLS) last issued its quarterly earnings data on Tuesday, April 28th. The business services provider reported $0.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.53 by $0.05. The business had revenue of $570.35 million for the quarter, compared to the consensus estimate of $557.67 million. ExlService had a return on equity of 28.50% and a net margin of 11.66%.The business’s revenue was up 13.8% on a year-over-year basis. During the same period in the prior year, the business earned $0.48 earnings per share. ExlService has set its FY 2026 guidance at 2.180-2.230 EPS. On average, analysts forecast that ExlService will post 1.8 EPS for the current fiscal year.

About ExlService

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.