ExlService Holdings, Inc. (NASDAQ:EXLS) Given Consensus Rating of "Moderate Buy" by Analysts

ExlService Holdings, Inc. (NASDAQ:EXLS - Get Free Report) has earned an average recommendation of "Moderate Buy" from the seven brokerages that are presently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $48.86.

Several research analysts have commented on EXLS shares. Needham & Company LLC lifted their price target on ExlService from $50.00 to $60.00 and gave the stock a "buy" rating in a research report on Thursday, February 27th. Jefferies Financial Group boosted their price objective on shares of ExlService from $47.00 to $57.00 and gave the stock a "buy" rating in a report on Tuesday, January 21st. StockNews.com cut shares of ExlService from a "buy" rating to a "hold" rating in a research note on Monday, April 14th. Finally, Stifel Nicolaus raised their price target on shares of ExlService from $48.00 to $54.00 and gave the stock a "buy" rating in a research note on Thursday, February 27th.

Insider Buying and Selling at ExlService

In related news, CFO Maurizio Nicolelli sold 13,753 shares of the firm's stock in a transaction on Monday, January 27th. The shares were sold at an average price of $49.14, for a total transaction of $675,822.42. Following the completion of the sale, the chief financial officer now directly owns 194,440 shares of the company's stock, valued at approximately $9,554,781.60. This trade represents a 6.61 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Anita Mahon sold 10,558 shares of the stock in a transaction dated 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 transaction, the executive vice president now directly owns 94,443 shares of the company's stock, valued at $4,336,822.56. This represents a 10.06 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 47,351 shares of company stock valued at $2,337,284. Company insiders own 4.16% of the company's stock.

Institutional Investors Weigh In On ExlService

A number of institutional investors have recently made changes to their positions in EXLS. Mather Group LLC. bought a new stake in ExlService in the fourth quarter valued at $25,000. Kestra Investment Management LLC acquired a new stake in ExlService during the 4th quarter worth about $26,000. Morse Asset Management Inc purchased a new stake in shares of ExlService in the fourth quarter valued at $49,000. VisionPoint Advisory Group LLC acquired a new stake in shares of ExlService during the fourth quarter worth approximately $58,000. Finally, USA Financial Formulas purchased a new position in shares of ExlService during the 4th quarter valued at $58,000. 92.92% of the stock is currently owned by institutional investors.

ExlService Trading Down 1.3 %

NASDAQ:EXLS traded down $0.59 on Wednesday, reaching $44.89. 1,538,613 shares of the company's stock were exchanged, compared to its average volume of 981,496. ExlService has a 52-week low of $28.59 and a 52-week high of $52.43. The business has a fifty day moving average of $46.92 and a 200-day moving average of $45.70. The company has a quick ratio of 3.02, a current ratio of 3.02 and a debt-to-equity ratio of 0.37. The firm has a market capitalization of $7.29 billion, a price-to-earnings ratio of 39.38, a price-to-earnings-growth ratio of 2.11 and a beta of 0.91.

ExlService (NASDAQ:EXLS - Get Free Report) last announced its quarterly earnings data on Tuesday, February 25th. The business services provider reported $0.34 EPS for the quarter, missing analysts' consensus estimates of $0.42 by ($0.08). The firm had revenue of $481.43 million during the quarter, compared to analysts' expectations of $475.68 million. ExlService had a net margin of 10.61% and a return on equity of 23.23%. As a group, analysts expect that ExlService will post 1.27 earnings per share for the current year.

About ExlService

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.