ExlService Holdings, Inc. (NASDAQ:EXLS) Receives $44.50 Average Target Price from Brokerages

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

Several brokerages have issued reports on EXLS. Weiss Ratings raised shares of ExlService from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday. Barrington Research set a $43.00 price target on shares of ExlService in a research report on Thursday, July 30th. Needham & Company LLC boosted their price objective on shares of ExlService from $40.00 to $45.00 and gave the stock a “buy” rating in a report on Wednesday, July 29th. Robert W. Baird set a $45.00 price objective on ExlService and gave the company an “outperform” rating in a research report on Thursday, July 30th. Finally, TD Cowen reiterated a “buy” rating and set a $45.00 target price (up from $43.00) on shares of ExlService in a research note on Thursday, August 27th.

Insider Activity at ExlService

In related news, insider Vikas Bhalla sold 11,000 shares of the stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $34.99, for a total transaction of $384,890.00. Following the sale, the insider directly owned 130,295 shares of the company’s stock, valued at $4,559,022.05. This trade represents a 7.79% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 3.66% of the stock is owned by company insiders.

Institutional Trading of ExlService

A number of large investors have recently made changes to their positions in the stock. BlackRock Inc. bought a new position in ExlService during the second quarter valued at approximately $488,370,000. JPMorgan Chase & Co. grew its position in ExlService by 9.5% in the 4th quarter. JPMorgan Chase & Co. now owns 5,927,793 shares of the business services provider’s stock worth $251,576,000 after purchasing an additional 514,911 shares during the period. California State Teachers Retirement System raised its stake in ExlService by 2,282.9% during the 2nd quarter. California State Teachers Retirement System now owns 4,505,950 shares of the business services provider’s stock valued at $116,524,000 after buying an additional 4,316,853 shares during the last quarter. AQR Capital Management LLC lifted its holdings in shares of ExlService by 109.7% during the 4th quarter. AQR Capital Management LLC now owns 4,118,625 shares of the business services provider’s stock valued at $174,794,000 after buying an additional 2,154,652 shares during the period. Finally, Handelsbanken Fonder AB lifted its holdings in shares of ExlService by 10.7% during the 4th quarter. Handelsbanken Fonder AB now owns 3,781,036 shares of the business services provider’s stock valued at $160,467,000 after buying an additional 364,146 shares during the period. 92.92% of the stock is currently owned by institutional investors.

ExlService Stock Performance

Shares of NASDAQ EXLS opened at $36.63 on Friday. ExlService has a fifty-two week low of $24.85 and a fifty-two week high of $45.08. The company has a 50 day simple moving average of $32.27 and a two-hundred day simple moving average of $30.70. The company has a market capitalization of $5.55 billion, a price-to-earnings ratio of 23.04, a P/E/G ratio of 1.50 and a beta of 0.81.

ExlService (NASDAQ:EXLS) last issued its quarterly earnings results on Tuesday, July 28th. The business services provider reported $0.59 EPS for the quarter, topping analysts’ consensus estimates of $0.55 by $0.04. ExlService had a return on equity of 30.61% and a net margin of 11.17%.The firm had revenue of $594.76 million for the quarter, compared to analysts’ expectations of $573.94 million. During the same period in the previous year, the firm posted $0.49 EPS. The business’s revenue for the quarter 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, analysts forecast that ExlService will post 1.82 earnings per share for the current fiscal year.

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.