Shares of ExlService Holdings (NASDAQ:EXLS) have earned an average recommendation of “Hold” from the fifteen research firms that are presently covering the firm, MarketBeat.com reports. Two research analysts have rated the stock with a sell recommendation, seven have issued a hold recommendation and six have assigned a buy recommendation to the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $63.00.
Several equities analysts recently weighed in on EXLS shares. Zacks Investment Research upgraded ExlService from a “hold” rating to a “buy” rating and set a $69.00 target price on the stock in a research report on Tuesday, February 27th. Robert W. Baird reiterated a “buy” rating and set a $65.00 target price on shares of ExlService in a research report on Tuesday, February 27th. Cantor Fitzgerald reiterated a “buy” rating and set a $71.00 target price on shares of ExlService in a research report on Monday, February 19th. Finally, ValuEngine upgraded ExlService from a “hold” rating to a “buy” rating in a research report on Friday, March 2nd.
NASDAQ EXLS traded up $0.28 during trading hours on Wednesday, hitting $55.50. 16,021 shares of the company’s stock were exchanged, compared to its average volume of 136,024. ExlService has a 12-month low of $45.50 and a 12-month high of $64.34. The company has a market capitalization of $1,888.43, a PE ratio of 21.91, a price-to-earnings-growth ratio of 1.59 and a beta of 1.13. The company has a current ratio of 3.14, a quick ratio of 3.14 and a debt-to-equity ratio of 0.08.
In other news, CFO Vishal Chhibbar sold 3,000 shares of the firm’s stock in a transaction dated Friday, March 16th. The stock was sold at an average price of $59.62, for a total value of $178,860.00. Following the transaction, the chief financial officer now directly owns 14,361 shares in the company, valued at approximately $856,202.82. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Villa Rembert De sold 4,325 shares of the firm’s stock in a transaction dated Thursday, February 1st. The stock was sold at an average price of $60.36, for a total value of $261,057.00. Following the completion of the transaction, the executive vice president now owns 11,528 shares in the company, valued at $695,830.08. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 20,014 shares of company stock worth $1,205,033. Company insiders own 5.80% of the company’s stock.
Institutional investors have recently added to or reduced their stakes in the company. LS Investment Advisors LLC raised its holdings in shares of ExlService by 110.6% in the 4th quarter. LS Investment Advisors LLC now owns 2,414 shares of the business services provider’s stock worth $146,000 after purchasing an additional 1,268 shares during the period. We Are One Seven LLC purchased a new stake in shares of ExlService during the 4th quarter valued at about $191,000. Allianz Asset Management GmbH purchased a new stake in shares of ExlService during the 4th quarter valued at about $204,000. Dean Capital Investments Management LLC purchased a new stake in shares of ExlService during the 4th quarter valued at about $206,000. Finally, Polen Capital Management LLC purchased a new stake in shares of ExlService during the 4th quarter valued at about $221,000. Institutional investors own 92.51% of the company’s stock.
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ExlService Company Profile
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.
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