ExlService (NASDAQ:EXLS) Announces Quarterly Earnings Results

ExlService (NASDAQ:EXLS) released its quarterly earnings data on Tuesday. The business services provider reported $0.34 EPS for the quarter, missing the consensus estimate of $0.42 by ($0.08), Zacks reports. ExlService had a net margin of 10.61% and a return on equity of 23.23%. ExlService updated its FY 2025 guidance to 1.830-1.890 EPS and its FY 2025 guidance to 1.830-1.890 EPS.

ExlService Price Performance

Shares of EXLS stock traded up $0.49 during trading hours on Tuesday, hitting $48.70. 1,742,535 shares of the company’s stock were exchanged, compared to its average volume of 1,003,594. ExlService has a fifty-two week low of $28.16 and a fifty-two week high of $52.43. The firm has a market cap of $7.83 billion, a P/E ratio of 42.72, a P/E/G ratio of 2.11 and a beta of 1.03. The company has a quick ratio of 3.02, a current ratio of 3.02 and a debt-to-equity ratio of 0.37. The firm has a 50 day moving average of $47.83 and a two-hundred day moving average of $42.92.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on EXLS. Jefferies Financial Group increased their price target on ExlService from $47.00 to $57.00 and gave the stock a “buy” rating in a research report on Tuesday, January 21st. Needham & Company LLC raised their target price on ExlService from $40.00 to $50.00 and gave the stock a “buy” rating in a report on Thursday, October 31st. Robert W. Baird boosted their price target on ExlService from $40.00 to $44.00 and gave the company a “neutral” rating in a report on Thursday, October 31st. Finally, StockNews.com upgraded ExlService from a “hold” rating to a “buy” rating in a research report on Sunday, February 2nd. One equities research analyst has rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $45.00.

Insider Activity at ExlService

In related news, EVP Ajay Ayyappan sold 4,989 shares of ExlService stock in a transaction dated Wednesday, February 19th. The stock was sold at an average price of $50.70, for a total value of $252,942.30. Following the sale, the executive vice president now directly owns 40,986 shares in the company, valued at approximately $2,077,990.20. The trade was a 10.85 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CFO Maurizio Nicolelli sold 13,753 shares of the stock in a transaction that occurred on Monday, January 27th. The shares were sold at an average price of $49.14, for a total value of $675,822.42. Following the transaction, the chief financial officer now directly owns 194,440 shares of the company’s stock, valued at $9,554,781.60. The trade was a 6.61 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 34,928 shares of company stock valued at $1,762,344. 4.16% of the stock is owned by company insiders.

About ExlService

ExlService Holdings, Inc operates as a data analytics, and digital operations and solutions company in the United States and internationally. The company operates through Insurance, Healthcare, Analytics, and Emerging Business segments. It also provides digital operations and solutions and analytics-driven services, such as claims processing, premium and benefit administration, agency management, account reconciliation, policy research, underwriting support, new business acquisition, policy servicing, premium audit, surveys, billing and collection, commercial and residential survey, and customer service using digital technology, artificial intelligence, machine learning, and advanced automation; digital customer acquisition services using a software-as-a-service delivery model through LifePRO and LISS platforms; subrogation services; and Subrosource software platform, an end-to-end subrogation platform.