Brokerages Anticipate ExlService Holdings, Inc. (EXLS) Will Post Earnings of $0.73 Per Share

Equities research analysts forecast that ExlService Holdings, Inc. (NASDAQ:EXLS) will report earnings of $0.73 per share for the current quarter, according to Zacks Investment Research. Eight analysts have provided estimates for ExlService’s earnings, with estimates ranging from $0.71 to $0.74. ExlService reported earnings of $0.67 per share in the same quarter last year, which suggests a positive year over year growth rate of 9%. The business is scheduled to announce its next earnings results on Tuesday, February 26th.

According to Zacks, analysts expect that ExlService will report full year earnings of $2.75 per share for the current fiscal year, with EPS estimates ranging from $2.73 to $2.79. For the next financial year, analysts forecast that the business will report earnings of $3.02 per share, with EPS estimates ranging from $2.93 to $3.10. Zacks’ EPS calculations are a mean average based on a survey of sell-side research firms that follow ExlService.

ExlService (NASDAQ:EXLS) last released its quarterly earnings data on Thursday, November 1st. The business services provider reported $0.71 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.71. The company had revenue of $231.12 million for the quarter, compared to the consensus estimate of $231.49 million. ExlService had a return on equity of 13.96% and a net margin of 5.14%. The company’s quarterly revenue was up 20.2% on a year-over-year basis. During the same period in the previous year, the business earned $0.69 earnings per share.

A number of equities research analysts have weighed in on the company. ValuEngine downgraded ExlService from a “buy” rating to a “hold” rating in a report on Tuesday. Zacks Investment Research downgraded ExlService from a “hold” rating to a “sell” rating in a report on Tuesday, November 6th. BidaskClub downgraded ExlService from a “buy” rating to a “hold” rating in a report on Tuesday, November 6th. Finally, Barrington Research set a $70.00 price objective on ExlService and gave the company a “buy” rating in a report on Friday, November 2nd. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and five have issued a buy rating to the company’s stock. ExlService currently has an average rating of “Hold” and an average target price of $65.20.

NASDAQ EXLS opened at $55.98 on Friday. The company has a debt-to-equity ratio of 0.50, a quick ratio of 3.28 and a current ratio of 3.28. The company has a market cap of $1.90 billion, a price-to-earnings ratio of 22.21, a P/E/G ratio of 1.91 and a beta of 1.23. ExlService has a 1-year low of $52.52 and a 1-year high of $67.06.

In other news, CEO Rohit Kapoor sold 40,780 shares of the business’s stock in a transaction that occurred on Friday, August 31st. The stock was sold at an average price of $63.85, for a total value of $2,603,803.00. Following the transaction, the chief executive officer now directly owns 280,477 shares of the company’s stock, valued at approximately $17,908,456.45. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Garen K. Staglin sold 5,631 shares of the business’s stock in a transaction that occurred on Monday, September 10th. The stock was sold at an average price of $64.18, for a total value of $361,397.58. Following the completion of the transaction, the director now directly owns 24,477 shares in the company, valued at $1,570,933.86. The disclosure for this sale can be found here. Insiders have sold 104,233 shares of company stock worth $6,727,414 over the last ninety days. Company insiders own 4.40% of the company’s stock.

Several institutional investors and hedge funds have recently made changes to their positions in EXLS. Vanguard Group Inc. boosted its stake in ExlService by 2.7% in the 3rd quarter. Vanguard Group Inc. now owns 3,381,703 shares of the business services provider’s stock worth $223,869,000 after purchasing an additional 87,854 shares during the period. Legal & General Group Plc boosted its stake in ExlService by 7.3% in the 3rd quarter. Legal & General Group Plc now owns 79,808 shares of the business services provider’s stock worth $5,272,000 after purchasing an additional 5,445 shares during the period. Teachers Advisors LLC boosted its stake in ExlService by 17.9% in the 3rd quarter. Teachers Advisors LLC now owns 121,093 shares of the business services provider’s stock worth $8,016,000 after purchasing an additional 18,400 shares during the period. AQR Capital Management LLC boosted its stake in ExlService by 120.0% in the 3rd quarter. AQR Capital Management LLC now owns 9,243 shares of the business services provider’s stock worth $612,000 after purchasing an additional 5,041 shares during the period. Finally, Macquarie Group Ltd. boosted its stake in ExlService by 24.5% in the 3rd quarter. Macquarie Group Ltd. now owns 1,036,653 shares of the business services provider’s stock worth $68,626,000 after purchasing an additional 204,116 shares during the period. 92.21% of the stock is currently owned by institutional investors and hedge funds.

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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Earnings History and Estimates for ExlService (NASDAQ:EXLS)

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