ExlService Holdings, Inc. (NASDAQ:EXLS) has been assigned a consensus rating of “Hold” from the fourteen research firms that are currently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and six have assigned a buy rating to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $61.82.
Several research firms have commented on EXLS. Zacks Investment Research upgraded ExlService from a “hold” rating to a “buy” rating and set a $68.00 target price on the stock in a research note on Monday, February 5th. BidaskClub cut ExlService from a “hold” rating to a “sell” rating in a research note on Thursday, January 4th. Citigroup boosted their target price on ExlService from $59.00 to $61.00 and gave the company a “neutral” rating in a research note on Friday, October 27th. Stifel Nicolaus restated a “buy” rating and issued a $67.00 target price on shares of ExlService in a research note on Thursday, October 26th. Finally, Cantor Fitzgerald reiterated a “buy” rating and set a $64.00 price objective on shares of ExlService in a research note on Thursday, October 26th.
In related news, CFO Vishal Chhibbar sold 3,000 shares of the stock in a transaction on Friday, January 19th. The stock was sold at an average price of $63.90, for a total value of $191,700.00. Following the sale, the chief financial officer now owns 3,000 shares in the company, valued at approximately $191,700. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Nalin Kumar Miglani sold 3,526 shares of the stock in a transaction on Tuesday, December 5th. The shares were sold at an average price of $60.37, for a total value of $212,864.62. The disclosure for this sale can be found here. In the last 90 days, insiders sold 24,756 shares of company stock worth $1,516,115. 5.80% of the stock is owned by company insiders.
A number of hedge funds and other institutional investors have recently modified their holdings of EXLS. Neumeier Poma Investment Counsel LLC grew its holdings in ExlService by 100.4% in the 3rd quarter. Neumeier Poma Investment Counsel LLC now owns 400,475 shares of the business services provider’s stock valued at $23,356,000 after buying an additional 200,625 shares in the last quarter. BlackRock Inc. grew its holdings in ExlService by 3.2% in the 4th quarter. BlackRock Inc. now owns 4,179,911 shares of the business services provider’s stock valued at $252,257,000 after buying an additional 128,001 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its holdings in ExlService by 166.3% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 139,014 shares of the business services provider’s stock valued at $8,389,000 after buying an additional 86,814 shares in the last quarter. Vanguard Group Inc. grew its holdings in ExlService by 2.1% in the 2nd quarter. Vanguard Group Inc. now owns 2,949,034 shares of the business services provider’s stock valued at $163,908,000 after buying an additional 61,535 shares in the last quarter. Finally, Prudential Financial Inc. grew its holdings in ExlService by 102.8% in the 3rd quarter. Prudential Financial Inc. now owns 119,543 shares of the business services provider’s stock valued at $6,972,000 after buying an additional 60,610 shares in the last quarter. 91.45% of the stock is currently owned by hedge funds and other institutional investors.
ExlService (NASDAQ EXLS) traded up $0.32 during midday trading on Tuesday, reaching $57.74. The company’s stock had a trading volume of 112,100 shares, compared to its average volume of 121,883. The company has a market cap of $1,949.01, a PE ratio of 27.36, a price-to-earnings-growth ratio of 1.79 and a beta of 1.14. The company has a debt-to-equity ratio of 0.08, a current ratio of 3.81 and a quick ratio of 3.81. ExlService has a 12-month low of $44.61 and a 12-month high of $64.34.
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ExlService Holdings, Inc is an operations management and analytics company. The Company segments include Insurance; Healthcare; Travel, Transportation and Logistics; Finance and Accounting (F&A); Analytics, and All Other. The Insurance operating segment serves property and casualty insurance, life insurance, disability insurance, annuity and retirement services companies.
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