ExlService Holdings, Inc. (NASDAQ:EXLS – Get Free Report) has received a consensus recommendation of “Moderate Buy” from the six research firms that are presently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 12-month price objective among brokers that have covered the stock in the last year is $41.50.
EXLS has been the subject of a number of research analyst reports. Barrington Research set a $40.00 price objective on shares of ExlService and gave the stock an “outperform” rating in a report on Thursday, April 30th. Robert W. Baird set a $35.00 price objective on shares of ExlService in a report on Wednesday, February 25th. Stifel Nicolaus decreased their price objective on shares of ExlService from $54.00 to $46.00 and set a “buy” rating for the company in a report on Thursday, February 26th. TD Cowen decreased their price objective on shares of ExlService from $51.00 to $45.00 and set a “buy” rating for the company in a report on Thursday, February 26th. Finally, Wall Street Zen upgraded shares of ExlService from a “hold” rating to a “buy” rating in a report on Saturday, February 7th.
Read Our Latest Analysis on ExlService
ExlService Stock Performance
ExlService (NASDAQ:EXLS – Get Free Report) last posted its quarterly earnings data on Tuesday, April 28th. The business services provider reported $0.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.53 by $0.05. ExlService had a net margin of 11.66% and a return on equity of 28.50%. The business had revenue of $570.35 million during the quarter, compared to the consensus estimate of $557.67 million. During the same quarter last year, the company posted $0.48 earnings per share. The firm’s quarterly revenue was up 13.8% compared to the same quarter last year. ExlService has set its FY 2026 guidance at 2.180-2.230 EPS. Equities research analysts forecast that ExlService will post 1.79 EPS for the current fiscal year.
ExlService announced that its board has initiated a share repurchase program on Tuesday, March 17th that authorizes the company to buyback $125.00 million in shares. This buyback authorization authorizes the business services provider to reacquire up to 2.7% of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s board believes its stock is undervalued.
Insiders Place Their Bets
In other ExlService news, EVP Ajay Ayyappan sold 5,093 shares of the stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $29.11, for a total transaction of $148,257.23. Following the completion of the transaction, the executive vice president owned 48,994 shares in the company, valued at $1,426,215.34. This trade represents a 9.42% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 4.04% of the stock is owned by corporate insiders.
Hedge Funds Weigh In On ExlService
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Bank of America Corp DE boosted its position in ExlService by 122.2% during the first quarter. Bank of America Corp DE now owns 1,506,357 shares of the business services provider’s stock worth $45,869,000 after purchasing an additional 828,520 shares during the period. Bull Harbor Capital LLC bought a new position in ExlService during the first quarter worth about $284,000. Amundi boosted its position in ExlService by 7.4% during the first quarter. Amundi now owns 770,025 shares of the business services provider’s stock worth $23,447,000 after purchasing an additional 53,229 shares during the period. EverSource Wealth Advisors LLC boosted its position in ExlService by 12.2% during the first quarter. EverSource Wealth Advisors LLC now owns 7,751 shares of the business services provider’s stock worth $236,000 after purchasing an additional 844 shares during the period. Finally, California State Teachers Retirement System boosted its position in ExlService by 24.0% during the first quarter. California State Teachers Retirement System now owns 189,097 shares of the business services provider’s stock worth $5,758,000 after purchasing an additional 36,552 shares during the period. Institutional investors own 92.92% of the company’s stock.
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.
Featured Articles
- Five stocks we like better than ExlService
- SpaceX Gets the Attention, But These 4 Stocks Could Get the Returns
- Microsoft Stock Discount May Be Ending as AI Catalysts Build
- Apparel Earnings Winners and Losers: Ralph Lauren Takes Off
- Why Walmart, Target and TJX Got Such Different Reactions After Earnings
Receive News & Ratings for ExlService Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ExlService and related companies with MarketBeat.com's FREE daily email newsletter.
