$1.15 EPS expected for ExlService Holdings, Inc. (NASDAQ:EXLS) this quarter
Wall Street stockbrokers are predicting that ExlService Holdings, Inc. (NASDAQ:EXLS) will report earnings per share of $1.15 for the current fiscal quarter Zacks Investment Research. Five analysts have issued estimates for ExlService’s earnings, with the lowest EPS estimate at $1.12 and the highest estimate at $1.18. ExlService reported earnings per share of $1.14 for the same quarter last year, indicating a positive 0.9% year-over-year growth rate. The company is expected to release its next quarterly earnings report before the market opens on Thursday, February 24th.
On average, analysts expect ExlService to report full-year earnings per share for the current fiscal year of $4.80, with EPS estimates ranging from $4.75 to $4.94. For the next year, analysts expect the company to report earnings of $4.97 per share with EPS estimates ranging from $4.69 to $5.39. Zacks’ average earnings per share is an average based on a survey of sell-side analysts covering ExlService.
ExlService (NASDAQ:EXLS) last issued its earnings results on Tuesday, November 2nd. The business services company reported $1.30 EPS for the quarter, beating the consensus estimate of $1.06 by $0.24. The company had revenue of $290.30 million for the quarter, compared to analysts’ expectations of $276.55 million. ExlService had a return on equity of 19.06% and a net margin of 11.03%. The company’s revenue rose 20.5% year over year. In the same quarter last year, the company reported earnings per share of $0.85.
Separately, Zacks Investment Research Raised ExlService from a “hold” rating to a “buy” rating and set a price target of $162.00 for the company in a report on Wednesday, January 5th. Five research analysts have rated the stock with a hold rating and two with a buy rating. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $122.50.
In related news, SVP Ajay Ayyappan sold 251 shares of the company’s shares in a transaction on Tuesday, December 14. The stock sold at an average price of $132.76 for a total transaction of $33,322.76. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible via the SEC website. Also managing director Rohit Kapoor sold 16,119 shares of the company’s shares in one transaction on Tuesday, November 2nd. The stock sold at an average price of $127.75 for a total value of $2,059,202.25. Disclosure for this sale can be found here. Insiders sold 43,210 shares of the company’s shares worth $5,674,860 last quarter. 3.60% of the shares are currently owned by company insiders.
Hedge funds have recently bought and sold shares in the company. Goldman Sachs Group Inc. increased its position in ExlService shares by 871.2% in the third quarter. Goldman Sachs Group Inc. now owns 391,155 shares of the corporate services provider, valued at $48,159,000, after purchasing an additional 350,880 shares last quarter. Fuller & Thaler Asset Management Inc. acquired a new position in ExlService stock valued at $40,841,000 during the third quarter. FMR LLC increased its position in shares of ExlService by 12.4% during the second quarter. FMR LLC now owns 2,405,925 shares of the business services provider valued at $255,653,000 after purchasing an additional 266,227 shares last quarter. Vaughan Nelson Investment Management LP increased its position in ExlService shares by 18.6% during the third quarter. Vaughan Nelson Investment Management LP now owns 757,955 shares of the corporate services provider, valued at $93,320,000, after purchasing an additional 118,620 shares last quarter. Finally, Invesco Ltd. its position in shares of ExlService rose 58.8% in the second quarter. invesco ltd now owns 270,125 shares of the corporate services provider, valued at $28,703,000, after purchasing an additional 99,982 shares last quarter. 93.93% of the shares are currently owned by institutional investors and hedge funds.
EXLS shares opened at $118.09 on Friday. The company has a market cap of $3.93 billion, a P/E of 34.23, a PEG ratio of 2.19 and a beta of 0.88. The stock has a 50-day simple moving average of $133.15 and a 200-day simple moving average of $125.99. The company has a debt to equity ratio of 0.25, a quick ratio of 2.45 and a current ratio of 2.45. ExlService has a 52-week low of $76.39 and a 52-week high of $146.20.
ExlService Holdings, Inc is an operations management and analytics company engaged in the delivery of business process management. It operates through the following segments: Insurance, Healthcare, Travel, Transportation & Logistics, Finance & Accounting, Analytics and All Others. The Insurance segment serves property and casualty insurance, life insurance, disability insurance, annuity and pension companies.
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