ExlService Holdings, Inc. (NASDAQ:EXLS) Receives $43.60 Consensus Target Price from Analysts

Shares of ExlService Holdings, Inc. (NASDAQ:EXLS) have been assigned a consensus rating of “Moderate Buy” from the five analysts that are covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is $43.60.

A number of equities analysts recently commented on the company. Weiss Ratings reiterated a “hold (c+)” rating on shares of ExlService in a report on Thursday, January 22nd. Stifel Nicolaus cut their price objective on ExlService from $54.00 to $46.00 and set a “buy” rating for the company in a research report on Thursday, February 26th. Needham & Company LLC reissued a “buy” rating and set a $40.00 target price (down from $55.00) on shares of ExlService in a report on Wednesday, February 25th. Robert W. Baird set a $35.00 price target on ExlService in a research note on Wednesday, February 25th. Finally, TD Cowen cut their price target on ExlService from $51.00 to $45.00 and set a “buy” rating for the company in a report on Thursday, February 26th.

Insider Buying and Selling at ExlService

In other news, EVP Ajay Ayyappan sold 8,114 shares of the firm’s stock in a transaction dated Tuesday, January 27th. The shares were sold at an average price of $42.53, for a total transaction of $345,088.42. Following the completion of the sale, the executive vice president owned 53,515 shares in the company, valued at approximately $2,275,992.95. This trade represents a 13.17% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Insiders have sold 11,586 shares of company stock valued at $449,725 over the last 90 days. 4.04% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Mather Group LLC. bought a new stake in shares of ExlService during the third quarter worth approximately $25,000. CENTRAL TRUST Co increased its stake in shares of ExlService by 2,428.0% during the third quarter. CENTRAL TRUST Co now owns 632 shares of the business services provider’s stock worth $28,000 after purchasing an additional 607 shares during the period. Transamerica Financial Advisors LLC increased its stake in shares of ExlService by 285.2% during the fourth quarter. Transamerica Financial Advisors LLC now owns 678 shares of the business services provider’s stock worth $29,000 after purchasing an additional 502 shares during the period. True Wealth Design LLC lifted its holdings in ExlService by 57.2% during the 4th quarter. True Wealth Design LLC now owns 706 shares of the business services provider’s stock worth $30,000 after purchasing an additional 257 shares during the last quarter. Finally, Private Trust Co. NA lifted its holdings in ExlService by 56.2% during the 4th quarter. Private Trust Co. NA now owns 717 shares of the business services provider’s stock worth $30,000 after purchasing an additional 258 shares during the last quarter. Institutional investors and hedge funds own 92.92% of the company’s stock.

ExlService Stock Performance

Shares of EXLS stock opened at $32.23 on Friday. The company has a fifty day moving average price of $36.36 and a two-hundred day moving average price of $39.81. ExlService has a one year low of $26.94 and a one year high of $48.79. The stock has a market cap of $5.04 billion, a P/E ratio of 20.93, a P/E/G ratio of 1.40 and a beta of 0.91. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.56 and a quick ratio of 2.56.

ExlService Company Profile

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.