ExlService Holdings (EXLS) Getting Somewhat Favorable Media Coverage, Report Finds
News headlines about ExlService Holdings (NASDAQ:EXLS) have trended somewhat positive this week, Accern Sentiment Analysis reports. Accern identifies negative and positive press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. ExlService Holdings earned a daily sentiment score of 0.07 on Accern’s scale. Accern also assigned media stories about the business services provider an impact score of 45.9831084644883 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
These are some of the media stories that may have impacted Accern’s scoring:
- ExlService Holdings, Inc. Schedules Third Quarter 2017 Earnings Conference Call (feeds.benzinga.com)
- ExlService Holdings, Inc. (EXLS) CEO Sells $2,483,277.28 in Stock (americanbankingnews.com)
- EXL names new head of Global Corporate Development to drive strategic M&A (finance.yahoo.com)
- UPDATE — EXL names new head of Global Corporate Development to drive strategic M&A (finance.yahoo.com)
- Contrasting ExlService Holdings (EXLS) and Its Competitors (americanbankingnews.com)
ExlService Holdings (NASDAQ EXLS) traded down 0.52% during mid-day trading on Thursday, reaching $58.90. The company had a trading volume of 24,900 shares. The stock has a market cap of $1.99 billion, a PE ratio of 29.88 and a beta of 1.27. The firm’s 50-day moving average price is $56.47 and its 200-day moving average price is $52.88. ExlService Holdings has a 12 month low of $42.00 and a 12 month high of $59.84.
ExlService Holdings (NASDAQ:EXLS) last announced its earnings results on Thursday, July 27th. The business services provider reported $0.70 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.46 by $0.24. The firm had revenue of $189.10 million during the quarter, compared to analyst estimates of $185.65 million. ExlService Holdings had a net margin of 9.53% and a return on equity of 14.34%. The company’s revenue for the quarter was up 10.9% compared to the same quarter last year. During the same period in the prior year, the business earned $0.55 EPS. Equities research analysts forecast that ExlService Holdings will post $2.61 EPS for the current fiscal year.
EXLS has been the subject of several recent analyst reports. Cantor Fitzgerald reaffirmed a “buy” rating and issued a $59.00 target price on shares of ExlService Holdings in a research report on Tuesday, June 20th. Needham & Company LLC raised their target price on ExlService Holdings from $56.00 to $59.00 and gave the stock a “buy” rating in a research report on Wednesday, June 21st. Zacks Investment Research raised ExlService Holdings from a “hold” rating to a “strong-buy” rating and set a $64.00 target price for the company in a research report on Tuesday, July 4th. BidaskClub cut ExlService Holdings from a “strong-buy” rating to a “buy” rating in a research report on Thursday, July 6th. Finally, Citigroup Inc. cut ExlService Holdings from a “buy” rating to a “neutral” rating and raised their target price for the stock from $54.00 to $59.00 in a research report on Tuesday, July 18th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and six have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $60.00.
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In related news, CEO Rohit Kapoor sold 14,220 shares of the company’s stock in a transaction on Tuesday, September 19th. The shares were sold at an average price of $55.63, for a total value of $791,058.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Villa Rembert De sold 31,370 shares of the company’s stock in a transaction on Friday, September 22nd. The stock was sold at an average price of $57.21, for a total transaction of $1,794,677.70. Following the completion of the transaction, the executive vice president now directly owns 17,067 shares of the company’s stock, valued at $976,403.07. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 254,418 shares of company stock valued at $14,571,683. Company insiders own 5.80% of the company’s stock.
About ExlService Holdings
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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