$1.01 EPS Expected for ExlService Holdings, Inc. (NASDAQ:EXLS) This Quarter

Wall Street analysts expect ExlService Holdings, Inc. (NASDAQ:EXLS) to report earnings per share of $1.01 for the current fiscal quarter, Zacks Investment Research reports. Six analysts have provided estimates for ExlService’s earnings. The highest EPS estimate is $1.11 and the lowest is $0.90. ExlService posted earnings of $0.53 per share in the same quarter last year, which would suggest a positive year over year growth rate of 90.6%. The business is scheduled to announce its next earnings report before the market opens on Thursday, July 29th.

According to Zacks, analysts expect that ExlService will report full year earnings of $4.20 per share for the current fiscal year, with EPS estimates ranging from $4.05 to $4.30. For the next fiscal year, analysts anticipate that the company will post earnings of $4.46 per share, with EPS estimates ranging from $4.31 to $4.65. Zacks’ earnings per share averages are a mean average based on a survey of research analysts that cover ExlService.

ExlService (NASDAQ:EXLS) last issued its quarterly earnings data on Thursday, April 29th. The business services provider reported $1.18 EPS for the quarter, beating the consensus estimate of $0.85 by $0.33. ExlService had a return on equity of 15.57% and a net margin of 10.16%. The firm had revenue of $261.42 million during the quarter, compared to analyst estimates of $253.13 million.

Several brokerages have recently commented on EXLS. Zacks Investment Research upgraded ExlService from a “hold” rating to a “buy” rating and set a $119.00 price objective for the company in a report on Tuesday. Bank of America raised ExlService from an “underperform” rating to a “neutral” rating and set a $102.00 target price on the stock in a research report on Wednesday, May 12th. Six research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. ExlService presently has an average rating of “Hold” and an average target price of $101.25.

In related news, Director Garen K. Staglin purchased 2,500 shares of the business’s stock in a transaction on Thursday, June 24th. The shares were bought at an average cost of $106.83 per share, with a total value of $267,075.00. Following the transaction, the director now owns 24,399 shares of the company’s stock, valued at $2,606,545.17. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Rohit Kapoor sold 21,000 shares of the stock in a transaction dated Thursday, May 20th. The stock was sold at an average price of $99.03, for a total value of $2,079,630.00. Following the sale, the chief executive officer now directly owns 185,550 shares in the company, valued at $18,375,016.50. The disclosure for this sale can be found here. Over the last ninety days, insiders have acquired 10,000 shares of company stock worth $1,074,450 and have sold 22,900 shares worth $2,263,980. 3.60% of the stock is currently owned by company insiders.

A number of institutional investors and hedge funds have recently made changes to their positions in EXLS. Vantage Consulting Group Inc purchased a new stake in shares of ExlService during the 4th quarter worth about $40,000. DekaBank Deutsche Girozentrale purchased a new stake in shares of ExlService during the 1st quarter worth about $137,000. Quantbot Technologies LP boosted its stake in shares of ExlService by 2,321.4% during the 1st quarter. Quantbot Technologies LP now owns 1,695 shares of the business services provider’s stock worth $152,000 after acquiring an additional 1,625 shares in the last quarter. FORA Capital LLC purchased a new stake in shares of ExlService during the 1st quarter worth about $176,000. Finally, Cornerstone Investment Partners LLC purchased a new stake in shares of ExlService during the 1st quarter worth about $204,000. 95.29% of the stock is currently owned by institutional investors.

Shares of EXLS opened at $108.88 on Monday. ExlService has a 12 month low of $59.97 and a 12 month high of $110.44. The firm’s fifty day simple moving average is $104.43. The company has a debt-to-equity ratio of 0.28, a quick ratio of 3.02 and a current ratio of 3.02. The stock has a market cap of $3.64 billion, a price-to-earnings ratio of 33.93, a PEG ratio of 2.89 and a beta of 0.94.

About ExlService

ExlService Holdings, Inc provides operations management and analytics services in the United States, the United Kingdom, and internationally. The company offers business process management (BPM) services to the insurance industry in the areas of claims processing, subrogation, premium and benefit administration, agency management, account reconciliation, policy research, underwriting support, new business processing, policy servicing, premium audit, surveys, billing and collection, commercial and residential survey, and customer services.

Further Reading: Technical Indicators – What is a Golden Cross?

Get a free copy of the Zacks research report on ExlService (EXLS)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

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.