Somewhat Favorable Press Coverage Somewhat Unlikely to Affect ExlService (EXLS) Share Price

Press coverage about ExlService (NASDAQ:EXLS) has trended somewhat positive this week, Accern Sentiment reports. The research firm identifies positive and negative news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. ExlService earned a coverage optimism score of 0.10 on Accern’s scale. Accern also assigned media headlines about the business services provider an impact score of 46.6950091853432 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

A number of brokerages recently issued reports on EXLS. SunTrust Banks restated a “hold” rating and set a $60.00 price target on shares of ExlService in a report on Monday, October 9th. Zacks Investment Research downgraded ExlService from a “buy” rating to a “hold” rating in a report on Wednesday, September 27th. Cowen restated a “buy” rating and set a $54.00 price target on shares of ExlService in a report on Thursday, October 12th. Robert W. Baird boosted 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. Finally, ValuEngine downgraded ExlService from a “buy” rating to a “hold” rating in a report on Friday, December 1st. Three investment analysts have rated the stock with a sell rating, five have given a hold rating and six have assigned a buy rating to the company. ExlService currently has an average rating of “Hold” and a consensus price target of $62.33.

Shares of ExlService (NASDAQ:EXLS) opened at $61.30 on Friday. The company has a current ratio of 3.81, a quick ratio of 3.81 and a debt-to-equity ratio of 0.08. The firm has a market capitalization of $2,080.00, a P/E ratio of 29.05, a price-to-earnings-growth ratio of 1.91 and a beta of 1.26. ExlService has a 12-month low of $44.25 and a 12-month high of $63.35.

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

In other ExlService news, CFO Vishal Chhibbar sold 7,119 shares of ExlService stock in a transaction that occurred on Monday, October 9th. The stock was sold at an average price of $59.41, for a total transaction of $422,939.79. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Rohit Kapoor sold 28,213 shares of ExlService stock in a transaction that occurred on Wednesday, October 11th. The shares were sold at an average price of $59.91, for a total value of $1,690,240.83. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 136,270 shares of company stock worth $8,277,742. Insiders own 5.80% 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.

Insider Buying and Selling by Quarter for ExlService (NASDAQ:EXLS)

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