ExlService Holdings, Inc. (EXLS) Expected to Announce Earnings of $0.65 Per Share

Equities research analysts expect that ExlService Holdings, Inc. (NASDAQ:EXLS) will announce earnings per share of $0.65 for the current fiscal quarter, Zacks reports. Eight analysts have made estimates for ExlService’s earnings, with the highest EPS estimate coming in at $0.66 and the lowest estimate coming in at $0.64. ExlService reported earnings per share of $0.61 during the same quarter last year, which indicates a positive year-over-year growth rate of 6.6%. The firm is expected to report its next earnings report on Tuesday, February 27th.

On average, analysts expect that ExlService will report full year earnings of $2.63 per share for the current fiscal year, with EPS estimates ranging from $2.62 to $2.64. For the next financial year, analysts forecast that the firm will post earnings of $2.86 per share, with EPS estimates ranging from $2.79 to $2.90. Zacks’ EPS averages are an average based on a survey of analysts that cover ExlService.

ExlService (NASDAQ:EXLS) last posted its quarterly earnings results on Thursday, October 26th. The business services provider reported $0.68 EPS for the quarter, beating the Zacks’ consensus estimate of $0.65 by $0.03. ExlService had a net margin of 9.94% and a return on equity of 14.81%. The company had revenue of $192.30 million during the quarter, compared to analyst estimates of $191.20 million. During the same period in the prior year, the business posted $0.61 EPS. The firm’s revenue was up 12.3% compared to the same quarter last year.

A number of equities research analysts recently commented on the stock. BidaskClub lowered shares of ExlService from a “buy” rating to a “hold” rating in a report on Saturday. ValuEngine lowered shares of ExlService from a “buy” rating to a “hold” rating in a report on Friday, December 1st. Zacks Investment Research lowered shares of ExlService from a “buy” rating to a “hold” rating in a report on Thursday, November 9th. Needham & Company LLC reiterated a “buy” rating and set a $68.00 price target (up from $60.00) on shares of ExlService in a report on Sunday, October 29th. Finally, Barrington Research upped their price target on shares of ExlService from $65.00 to $72.00 and gave the company an “outperform” rating in a report on Friday, October 27th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and six have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $62.33.

ExlService (NASDAQ EXLS) traded down $0.27 during trading hours on Friday, reaching $60.31. 145,900 shares of the company were exchanged, compared to its average volume of 158,652. ExlService has a 52 week low of $44.25 and a 52 week high of $62.99. The company has a quick ratio of 3.81, a current ratio of 3.81 and a debt-to-equity ratio of 0.08. The company has a market cap of $2,056.27, a price-to-earnings ratio of 25.24, a P/E/G ratio of 2.09 and a beta of 1.26.

In other news, EVP Villa Rembert De sold 31,370 shares of the company’s stock in a transaction dated Friday, September 22nd. The shares were sold at an average price of $57.21, for a total value of $1,794,677.70. Following the sale, the executive vice president now directly owns 17,067 shares of the company’s stock, valued at approximately $976,403.07. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Rohit Kapoor sold 14,220 shares of the company’s stock in a transaction dated Tuesday, September 19th. The stock was sold at an average price of $55.63, for a total transaction of $791,058.60. The disclosure for this sale can be found here. Insiders sold a total of 388,834 shares of company stock valued at $22,724,604 over the last 90 days. Company insiders own 5.80% of the company’s stock.

Several large investors have recently added to or reduced their stakes in the company. FMR LLC grew its position in shares of ExlService by 16.8% in the 2nd quarter. FMR LLC now owns 3,887,355 shares of the business services provider’s stock worth $216,060,000 after buying an additional 557,892 shares during the period. Vanguard Group Inc. grew its position in shares of ExlService by 2.1% in the 2nd quarter. Vanguard Group Inc. now owns 2,949,034 shares of the business services provider’s stock worth $163,908,000 after buying an additional 61,535 shares during the period. Dimensional Fund Advisors LP grew its position in shares of ExlService by 4.4% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,224,813 shares of the business services provider’s stock worth $71,431,000 after buying an additional 51,490 shares during the period. Aberdeen Asset Management PLC UK grew its position in shares of ExlService by 0.4% in the 2nd quarter. Aberdeen Asset Management PLC UK now owns 1,173,749 shares of the business services provider’s stock worth $65,237,000 after buying an additional 5,158 shares during the period. Finally, Macquarie Group Ltd. grew its position in shares of ExlService by 30.5% in the 2nd quarter. Macquarie Group Ltd. now owns 841,679 shares of the business services provider’s stock worth $46,781,000 after buying an additional 196,843 shares during the period. 95.73% of the stock is currently owned by hedge funds and other institutional investors.

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ExlService Company Profile

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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