ExlService Holdings, Inc. (NASDAQ:EXLS) Receives Average Recommendation of “Moderate Buy” from Analysts

ExlService Holdings, Inc. (NASDAQ:EXLS) has earned an average recommendation of “Moderate Buy” from the six brokerages that are covering the firm, Marketbeat reports. One research analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $41.50.

Several research firms have commented on EXLS. JPMorgan Chase & Co. lifted their price target on ExlService from $42.00 to $43.00 and gave the stock an “overweight” rating in a research report on Thursday, April 30th. Needham & Company LLC reiterated a “buy” rating and issued a $40.00 target price (down from $55.00) on shares of ExlService in a research note on Wednesday, February 25th. TD Cowen reiterated a “buy” rating on shares of ExlService in a research note on Wednesday. Weiss Ratings upgraded ExlService from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday. Finally, Robert W. Baird set a $35.00 target price on ExlService in a research note on Wednesday, February 25th.

Insider Activity at ExlService

In other ExlService news, insider Vikas Bhalla sold 12,000 shares of ExlService stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $30.22, for a total value of $362,640.00. Following the transaction, the insider directly owned 153,295 shares in the company, valued at approximately $4,632,574.90. This trade represents a 7.26% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Ajay Ayyappan sold 5,093 shares of ExlService stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $29.11, for a total value 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. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 3.66% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Pacer Advisors Inc. grew its stake in shares of ExlService by 2.6% in the 1st quarter. Pacer Advisors Inc. now owns 48,062 shares of the business services provider’s stock valued at $1,463,000 after purchasing an additional 1,218 shares during the last quarter. Bank of America Corp DE boosted its stake in shares of ExlService by 122.2% in the first quarter. Bank of America Corp DE now owns 1,506,357 shares of the business services provider’s stock valued at $45,869,000 after buying an additional 828,520 shares in the last quarter. Bull Harbor Capital LLC purchased a new stake in shares of ExlService in the first quarter valued at approximately $284,000. Amundi boosted its stake in shares of ExlService by 7.4% in the first quarter. Amundi now owns 770,025 shares of the business services provider’s stock valued at $23,447,000 after buying an additional 53,229 shares in the last quarter. Finally, EverSource Wealth Advisors LLC boosted its stake in shares of ExlService by 12.2% in the first quarter. EverSource Wealth Advisors LLC now owns 7,751 shares of the business services provider’s stock valued at $236,000 after buying an additional 844 shares in the last quarter. 92.92% of the stock is currently owned by hedge funds and other institutional investors.

ExlService Stock Performance

EXLS opened at $25.93 on Monday. The firm has a market cap of $3.96 billion, a price-to-earnings ratio of 16.52, a price-to-earnings-growth ratio of 1.09 and a beta of 0.82. ExlService has a 52 week low of $25.65 and a 52 week high of $47.11. The business’s 50 day moving average is $29.67 and its two-hundred day moving average is $33.92. The company has a quick ratio of 2.66, a current ratio of 2.66 and a debt-to-equity ratio of 0.53.

ExlService (NASDAQ:EXLS) last released its quarterly earnings results on Tuesday, April 28th. The business services provider reported $0.58 EPS for the quarter, topping the consensus estimate of $0.53 by $0.05. The company had revenue of $570.35 million for the quarter, compared to analyst estimates of $557.67 million. ExlService had a return on equity of 28.50% and a net margin of 11.66%.The firm’s revenue was up 13.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.48 earnings per share. ExlService has set its FY 2026 guidance at 2.180-2.230 EPS. On average, research analysts predict that ExlService will post 1.8 EPS for the current year.

ExlService declared that its Board of Directors has authorized a stock repurchase plan on Tuesday, March 17th that authorizes the company to repurchase $125.00 million in outstanding shares. This repurchase authorization authorizes the business services provider to purchase up to 2.7% of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s management believes its stock is undervalued.

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.