ExlService (NASDAQ:EXLS) Upgraded to Buy at Wall Street Zen

Wall Street Zen upgraded shares of ExlService (NASDAQ:EXLS) from a hold rating to a buy rating in a report issued on Saturday.

Separately, Weiss Ratings downgraded ExlService from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Saturday, October 25th. Four equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, ExlService has a consensus rating of “Moderate Buy” and a consensus target price of $54.50.

ExlService Stock Performance

Shares of EXLS stock opened at $41.21 on Friday. The company has a market capitalization of $6.54 billion, a price-to-earnings ratio of 28.03, a price-to-earnings-growth ratio of 1.66 and a beta of 0.91. The company has a debt-to-equity ratio of 0.43, a quick ratio of 2.91 and a current ratio of 2.91. ExlService has a one year low of $37.30 and a one year high of $52.43. The company’s 50-day moving average is $40.68 and its 200 day moving average is $42.24.

ExlService (NASDAQ:EXLS) last issued its earnings results on Tuesday, October 28th. The business services provider reported $0.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.47 by $0.01. ExlService had a net margin of 11.91% and a return on equity of 25.60%. The business had revenue of $529.59 million during the quarter, compared to analysts’ expectations of $522.35 million. During the same period in the previous year, the company earned $0.44 earnings per share. The business’s revenue for the quarter was up 12.2% compared to the same quarter last year. ExlService has set its FY 2025 guidance at 1.880-1.920 EPS. Sell-side analysts expect that ExlService will post 1.27 EPS for the current fiscal year.

Insider Buying and Selling

In other ExlService news, insider Vikas Bhalla sold 11,774 shares of the business’s stock in a transaction on Tuesday, December 2nd. The shares were sold at an average price of $39.99, for a total transaction of $470,842.26. Following the completion of the sale, the insider directly owned 115,272 shares in the company, valued at approximately $4,609,727.28. The trade was a 9.27% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 4.04% of the company’s stock.

Institutional Trading of ExlService

Large investors have recently modified their holdings of the company. Mather Group LLC. purchased a new position in ExlService in the third quarter worth about $25,000. CENTRAL TRUST Co lifted its stake in shares of ExlService by 2,428.0% in the 3rd quarter. CENTRAL TRUST Co now owns 632 shares of the business services provider’s stock worth $28,000 after purchasing an additional 607 shares during the period. First Horizon Corp purchased a new position in shares of ExlService in the third quarter worth approximately $32,000. Farther Finance Advisors LLC grew its position in ExlService by 533.6% during the third quarter. Farther Finance Advisors LLC now owns 792 shares of the business services provider’s stock valued at $35,000 after buying an additional 667 shares during the period. Finally, Twin Peaks Wealth Advisors LLC purchased a new stake in ExlService during the second quarter valued at approximately $43,000. 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.