ExlService Holdings, Inc. (NASDAQ:EXLS)’s share price reached a new 52-week high on Wednesday . The stock traded as high as $63.56 and last traded at $62.57, with a volume of 99300 shares trading hands. The stock had previously closed at $62.04.

Several research firms have recently weighed in on EXLS. Zacks Investment Research raised ExlService from a “sell” rating to a “buy” rating and set a $69.00 price target on the stock in a report on Thursday, January 11th. Cantor Fitzgerald reissued a “buy” rating and set a $64.00 price target on shares of ExlService in a report on Thursday, October 26th. BidaskClub cut ExlService from a “hold” rating to a “sell” rating in a report on Thursday, January 4th. ValuEngine cut ExlService from a “buy” rating to a “hold” rating in a report on Friday, December 1st. Finally, Robert W. Baird increased their price target on ExlService from $62.00 to $66.00 and gave the company an “outperform” rating in a report on Thursday, October 12th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and seven have given a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $62.42.

The company has a debt-to-equity ratio of 0.08, a current ratio of 3.81 and a quick ratio of 3.81. The firm has a market cap of $2,154.70, a P/E ratio of 29.84, a P/E/G ratio of 1.98 and a beta of 1.26.

ExlService (NASDAQ:EXLS) last posted its quarterly earnings data on Thursday, October 26th. The business services provider reported $0.68 EPS for the quarter, topping the consensus estimate of $0.65 by $0.03. The firm had revenue of $192.30 million during the quarter, compared to analyst estimates of $191.20 million. ExlService had a return on equity of 14.81% and a net margin of 9.94%. ExlService’s revenue was up 12.3% on a year-over-year basis. During the same period in the prior year, the business posted $0.61 EPS. equities research analysts predict that ExlService Holdings, Inc. will post 2.12 earnings per share for the current fiscal year.

In other news, CEO Rohit Kapoor sold 16,206 shares of the company’s stock in a transaction on Thursday, October 26th. The stock was sold at an average price of $62.56, for a total value of $1,013,847.36. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Clyde W. Ostler sold 6,916 shares of the company’s stock in a transaction on Wednesday, November 1st. The stock was sold at an average price of $62.10, for a total value of $429,483.60. Following the completion of the sale, the director now owns 6,916 shares of the company’s stock, valued at $429,483.60. The disclosure for this sale can be found here. Insiders sold a total of 55,340 shares of company stock valued at $3,427,555 over the last 90 days. 5.80% of the stock is currently owned by company insiders.

Large investors have recently bought and sold shares of the company. California Public Employees Retirement System increased its stake in shares of ExlService by 4.0% in the 2nd quarter. California Public Employees Retirement System now owns 52,600 shares of the business services provider’s stock worth $2,924,000 after purchasing an additional 2,000 shares in the last quarter. Neumeier Poma Investment Counsel LLC increased its stake 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 worth $23,356,000 after buying an additional 200,625 shares in the last quarter. Alps Advisors Inc. purchased a new stake in ExlService in the 3rd quarter worth $483,000. JPMorgan Chase & Co. increased its stake in ExlService by 10.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 132,500 shares of the business services provider’s stock worth $7,692,000 after buying an additional 12,586 shares in the last quarter. Finally, Schwab Charles Investment Management Inc. increased its stake in ExlService by 7.4% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 144,181 shares of the business services provider’s stock worth $8,014,000 after buying an additional 9,895 shares in the last quarter. Hedge funds and other institutional investors own 92.13% of the company’s stock.

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About ExlService

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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