ExlService Holdings, Inc. (NASDAQ:EXLS) Stock Has Consensus Price Target of $44.50 According to Brokerages

ExlService Holdings, Inc. (NASDAQ:EXLS) has been assigned an average rating of “Moderate Buy” from the seven ratings firms that are presently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $44.50.

Several research analysts have recently commented on the stock. TD Cowen reaffirmed a “buy” rating and issued a $45.00 price target (up from $43.00) on shares of ExlService in a report on Thursday, August 27th. Needham & Company LLC boosted their target price on shares of ExlService from $40.00 to $45.00 and gave the company a “buy” rating in a research note on Wednesday, July 29th. Robert W. Baird set a $45.00 target price on shares of ExlService and gave the stock an “outperform” rating in a research report on Thursday, July 30th. Wall Street Zen upgraded shares of ExlService from a “hold” rating to a “buy” rating in a research report on Saturday, September 26th. Finally, Weiss Ratings upgraded shares of ExlService from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, September 2nd.

ExlService Trading Up 2.8%

Shares of EXLS opened at $40.86 on Friday. ExlService has a 52 week low of $24.85 and a 52 week high of $43.88. The firm has a market cap of $6.19 billion, a price-to-earnings ratio of 23.25, a PEG ratio of 1.60 and a beta of 0.84. The stock has a 50 day moving average of $36.39 and a 200-day moving average of $31.96.

ExlService (NASDAQ:EXLS) last posted its quarterly earnings results on Tuesday, July 28th. The business services provider reported $0.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.55 by $0.04. ExlService had a return on equity of 30.61% and a net margin of 11.17%. The business had revenue of $594.76 million for the quarter, compared to analyst estimates of $573.94 million. During the same period in the prior year, the company posted $0.49 EPS. The business’s revenue was up 15.6% compared to the same quarter last year. ExlService has set its FY 2026 guidance at 2.250-2.290 EPS. On average, sell-side analysts predict that ExlService will post 1.82 earnings per share for the current fiscal year.

Insider Buying and Selling at ExlService

In other news, insider Vikas Bhalla sold 11,000 shares of the company’s stock in a transaction on Thursday, October 1st. The stock was sold at an average price of $35.38, for a total value of $389,180.00. Following the completion of the sale, the insider owned 109,295 shares in the company, valued at $3,866,857.10. This represents a 9.14% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 3.66% of the company’s stock.

Institutional Investors Weigh In On ExlService

A number of institutional investors and hedge funds have recently bought and sold shares of the business. BlackRock Inc. purchased a new position in shares of ExlService in the second quarter worth approximately $488,370,000. Bank of America Corp DE purchased a new stake in shares of ExlService in the 2nd quarter valued at approximately $48,189,000. Fort Washington Investment Advisors Inc. OH boosted its stake in ExlService by 6.2% in the 3rd quarter. Fort Washington Investment Advisors Inc. OH now owns 1,775,966 shares of the business services provider’s stock worth $61,058,000 after purchasing an additional 103,789 shares during the period. Bank of New York Mellon Corp purchased a new position in ExlService during the 2nd quarter valued at about $25,214,000. Finally, Amundi lifted its position in ExlService by 17.8% in the 2nd quarter. Amundi now owns 907,421 shares of the business services provider’s stock worth $23,466,000 after buying an additional 137,396 shares in the last quarter. 92.92% of the stock is owned by institutional investors and hedge funds.

ExlService Company Profile

ExlService Holdings, Inc, operating under the EXL brand, is a data analytics and digital operations company that helps businesses use data, technology and artificial intelligence to improve decision-making, manage risk and enhance operational performance. Its services include data management, advanced analytics, business process solutions, automation and technology-enabled transformation.

EXL serves clients across industries including insurance, healthcare, banking and capital markets, utilities, travel and transportation, retail, media and manufacturing.