ExlService Holdings, Inc. (NASDAQ:EXLS - Get Free Report) EVP Anita Mahon sold 10,558 shares of the stock in a transaction on Tuesday, March 11th. The shares were sold at an average price of $45.92, for a total value of $484,823.36. Following the completion of the sale, the executive vice president now directly owns 94,443 shares of the company's stock, valued at $4,336,822.56. The trade was a 10.06 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link.
ExlService Stock Performance
EXLS traded up $0.75 during trading hours on Friday, hitting $46.16. The stock had a trading volume of 1,035,953 shares, compared to its average volume of 1,102,113. The company's fifty day simple moving average is $48.51 and its 200 day simple moving average is $44.07. ExlService Holdings, Inc. has a 1 year low of $28.16 and a 1 year high of $52.43. The stock has a market cap of $7.49 billion, a PE ratio of 40.49, a price-to-earnings-growth ratio of 2.11 and a beta of 1.10. The company has a quick ratio of 3.02, a current ratio of 3.02 and a debt-to-equity ratio of 0.37.
ExlService (NASDAQ:EXLS - Get Free Report) last announced its quarterly earnings data on Tuesday, February 25th. The business services provider reported $0.34 earnings per share for the quarter, missing the consensus estimate of $0.42 by ($0.08). ExlService had a return on equity of 23.23% and a net margin of 10.61%. The firm had revenue of $481.43 million during the quarter, compared to analysts' expectations of $475.68 million. Equities analysts anticipate that ExlService Holdings, Inc. will post 1.27 earnings per share for the current year.
Wall Street Analysts Forecast Growth
Several equities research analysts have recently issued reports on EXLS shares. Stifel Nicolaus raised their target price on ExlService from $48.00 to $54.00 and gave the company a "buy" rating in a research report on Thursday, February 27th. Needham & Company LLC raised their target price on ExlService from $50.00 to $60.00 and gave the company a "buy" rating in a research report on Thursday, February 27th. Jefferies Financial Group raised their target price on ExlService from $47.00 to $57.00 and gave the company a "buy" rating in a research report on Tuesday, January 21st. Finally, StockNews.com raised ExlService from a "hold" rating to a "buy" rating in a research report on Sunday, February 2nd. One analyst has rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $47.38.
View Our Latest Analysis on ExlService
Institutional Inflows and Outflows
Large investors have recently added to or reduced their stakes in the stock. Mather Group LLC. bought a new position in ExlService in the 4th quarter worth about $25,000. Kestra Investment Management LLC bought a new position in ExlService in the 4th quarter worth about $26,000. Ashton Thomas Securities LLC bought a new position in ExlService in the 3rd quarter worth about $27,000. Morse Asset Management Inc bought a new position in ExlService in the 4th quarter worth about $49,000. Finally, Huntington National Bank boosted its position in shares of ExlService by 2,827.5% during the 3rd quarter. Huntington National Bank now owns 1,171 shares of the business services provider's stock valued at $45,000 after acquiring an additional 1,131 shares during the last quarter. Institutional investors own 92.92% of the company's stock.
ExlService Company Profile
(
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ExlService Holdings, Inc operates as a data analytics, and digital operations and solutions company in the United States and internationally. The company operates through Insurance, Healthcare, Analytics, and Emerging Business segments. It also provides digital operations and solutions and analytics-driven services, such as claims processing, premium and benefit administration, agency management, account reconciliation, policy research, underwriting support, new business acquisition, policy servicing, premium audit, surveys, billing and collection, commercial and residential survey, and customer service using digital technology, artificial intelligence, machine learning, and advanced automation; digital customer acquisition services using a software-as-a-service delivery model through LifePRO and LISS platforms; subrogation services; and Subrosource software platform, an end-to-end subrogation platform.
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