ExlService Holdings, Inc. (NASDAQ:EXLS) Director Clyde W. Ostler sold 3,231 shares of the company’s stock in a transaction that occurred on Monday, December 3rd. The shares were sold at an average price of $58.10, for a total value of $187,721.10. Following the completion of the transaction, the director now owns 12,461 shares in the company, valued at $723,984.10. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
NASDAQ:EXLS opened at $55.51 on Friday. The company has a debt-to-equity ratio of 0.50, a quick ratio of 3.28 and a current ratio of 3.28. ExlService Holdings, Inc. has a 52 week low of $51.72 and a 52 week high of $67.06. The firm has a market cap of $1.91 billion, a price-to-earnings ratio of 23.86, a PEG ratio of 1.92 and a beta of 1.26.
ExlService (NASDAQ:EXLS) last released its quarterly earnings results on Thursday, November 1st. The business services provider reported $0.71 EPS for the quarter, hitting analysts’ consensus estimates of $0.71. ExlService had a return on equity of 13.96% and a net margin of 5.14%. The company had revenue of $231.12 million for the quarter, compared to analysts’ expectations of $231.49 million. During the same period in the prior year, the firm earned $0.69 earnings per share. The firm’s revenue was up 20.2% compared to the same quarter last year. As a group, analysts anticipate that ExlService Holdings, Inc. will post 2.23 EPS for the current fiscal year.
A number of research analysts recently commented on the company. BidaskClub upgraded ExlService from a “sell” rating to a “hold” rating in a report on Wednesday, August 15th. Zacks Investment Research upgraded ExlService from a “sell” rating to a “hold” rating in a research note on Monday, October 15th. ValuEngine cut ExlService from a “buy” rating to a “hold” rating in a research note on Tuesday, November 20th. Wedbush restated a “neutral” rating on shares of ExlService in a research note on Wednesday, November 28th. Finally, Barrington Research set a $70.00 price target on ExlService and gave the stock a “buy” rating in a research note on Friday, November 2nd. One analyst has rated the stock with a sell rating, four have assigned a hold rating and five have given a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $65.20.
A number of large investors have recently added to or reduced their stakes in the business. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its stake in ExlService by 12.6% during the third quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 8,192 shares of the business services provider’s stock worth $542,000 after purchasing an additional 916 shares in the last quarter. PNC Financial Services Group Inc. raised its stake in shares of ExlService by 2.5% in the third quarter. PNC Financial Services Group Inc. now owns 40,182 shares of the business services provider’s stock valued at $2,662,000 after acquiring an additional 977 shares in the last quarter. California Public Employees Retirement System raised its stake in shares of ExlService by 1.7% in the second quarter. California Public Employees Retirement System now owns 63,214 shares of the business services provider’s stock valued at $3,579,000 after acquiring an additional 1,032 shares in the last quarter. Alps Advisors Inc. raised its stake in shares of ExlService by 11.4% in the second quarter. Alps Advisors Inc. now owns 10,646 shares of the business services provider’s stock valued at $603,000 after acquiring an additional 1,089 shares in the last quarter. Finally, MetLife Investment Advisors LLC raised its stake in shares of ExlService by 8.1% in the second quarter. MetLife Investment Advisors LLC now owns 15,305 shares of the business services provider’s stock valued at $866,000 after acquiring an additional 1,142 shares in the last quarter. Institutional investors own 93.19% of the company’s stock.
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ExlService Holdings, Inc provides operations management and analytics services in the United States, the United Kingdom, and internationally. The company offers business process management (BPM) services to the insurance industry in the areas of claims processing, subrogation, premium and benefit administration, agency management, account reconciliation, policy research, underwriting support, new business processing, policy servicing, premium audit, surveys, billing and collection, commercial and residential survey, and customer services.
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