ExlService Holdings, Inc. (NASDAQ:EXLS) has garnered an average recommendation of “Moderate Buy” from the five research firms currently covering the company, according to a report by MarketBeat.com. Out of the five analysts, one has rated the stock as a hold, while four have issued a buy recommendation. The average 1-year price target among these firms is $37.60.
Several research reports have been published on EXLS, including one by Citigroup, which raised its price target on the stock from $37.00 to $38.00 and gave it a “buy” rating. Another report by Needham & Company LLC reiterated a “buy” rating and set a target price of $40.00.
In terms of insider activity, various hedge funds have recently bought and sold shares of EXLS. Russell Investments Group Ltd. increased its holdings in ExlService by 56.5% in the fourth quarter. Van ECK Associates Corp also boosted its stake in the company by 39.5% during the same period. Other institutional investors, such as Natixis Advisors L.P., Sheets Smith Wealth Management, and Charles Schwab Investment Management Inc., have also shown interest in EXLS.
ExlService’s stock opened at $35.69 on Tuesday, experiencing a 0.8% decline. The company has a market capitalization of $5.98 billion, a price-to-earnings ratio of 33.05, and a beta of 1.00. Its 1-year low stands at $25.17, while the 1-year high is $36.88. The company’s debt-to-equity ratio is 0.30, with a current ratio and quick ratio of 2.45.
In its most recent quarterly earnings report, ExlService posted earnings per share (EPS) of $0.40, surpassing analysts’ consensus estimate of $0.39 by $0.01. The company generated revenue of $448.40 million during the quarter, beating the consensus estimate of $444.61 million. ExlService’s net margin was 10.45%, and its return on equity stood at 22.92%. The firm’s quarterly revenue increased by 10.7% compared to the same period last year.
Analysts anticipate that ExlService will post an EPS of 1.28 for the current year.
ExlService Holdings, Inc. operates as a data analytics, digital operations, and solutions company globally. It operates through various segments, including Insurance, Healthcare, Analytics, and Emerging Business. The company offers digital operations and solutions, analytics-driven services, and digital customer acquisition services using advanced technologies such as artificial intelligence, machine learning, and automation. Additionally, it provides subrogation services and an end-to-end subrogation platform called Subrosource.