Wall Street brokerages expect ExlService Holdings, Inc. (NASDAQ:EXLS) to post $0.71 earnings per share (EPS) for the current quarter, Zacks reports. Seven analysts have issued estimates for ExlService’s earnings, with the lowest EPS estimate coming in at $0.70 and the highest estimate coming in at $0.73. ExlService posted earnings per share of $0.67 in the same quarter last year, which would indicate a positive year over year growth rate of 6%. The business is expected to issue its next earnings results on Thursday, August 1st.

According to Zacks, analysts expect that ExlService will report full year earnings of $2.92 per share for the current fiscal year, with EPS estimates ranging from $2.90 to $2.97. For the next financial year, analysts forecast that the business will report earnings of $3.19 per share, with EPS estimates ranging from $2.64 to $3.45. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side research analysts that cover ExlService.

ExlService (NASDAQ:EXLS) last announced its quarterly earnings data on Tuesday, April 30th. The business services provider reported $0.71 EPS for the quarter, beating analysts’ consensus estimates of $0.54 by $0.17. ExlService had a return on equity of 13.63% and a net margin of 5.27%. The company had revenue of $239.57 million during the quarter, compared to the consensus estimate of $238.88 million. During the same quarter in the prior year, the firm earned $0.65 EPS. The company’s quarterly revenue was up 15.8% compared to the same quarter last year.

EXLS has been the subject of a number of recent research reports. Zacks Investment Research downgraded ExlService from a “hold” rating to a “sell” rating in a research report on Wednesday. Cantor Fitzgerald reiterated a “buy” rating and set a $71.00 price objective on shares of ExlService in a research report on Monday, May 6th. ValuEngine upgraded Zynerba Pharmaceuticals from a “hold” rating to a “buy” rating in a research report on Tuesday, April 30th. Finally, BidaskClub downgraded Xencor from a “sell” rating to a “strong sell” rating in a research report on Tuesday, June 11th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $67.20.

In other news, EVP Vikas Bhalla sold 10,000 shares of the stock in a transaction on Monday, June 24th. The stock was sold at an average price of $66.35, for a total value of $663,500.00. Following the completion of the sale, the executive vice president now owns 920 shares in the company, valued at $61,042. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Vishal Chhibbar sold 25,698 shares of the stock in a transaction on Monday, April 15th. The shares were sold at an average price of $60.41, for a total value of $1,552,416.18. Following the completion of the sale, the chief financial officer now owns 30,747 shares of the company’s stock, valued at approximately $1,857,426.27. The disclosure for this sale can be found here. Insiders sold 40,006 shares of company stock valued at $2,484,355 in the last 90 days. Corporate insiders own 3.60% of the company’s stock.

Several large investors have recently made changes to their positions in the stock. Arizona State Retirement System raised its holdings in shares of ExlService by 0.4% during the first quarter. Arizona State Retirement System now owns 52,948 shares of the business services provider’s stock worth $3,178,000 after acquiring an additional 193 shares in the last quarter. Oregon Public Employees Retirement Fund raised its holdings in shares of ExlService by 1.8% during the first quarter. Oregon Public Employees Retirement Fund now owns 13,268 shares of the business services provider’s stock worth $796,000 after acquiring an additional 240 shares in the last quarter. Millennium Management LLC raised its holdings in shares of ExlService by 3.6% during the fourth quarter. Millennium Management LLC now owns 7,985 shares of the business services provider’s stock worth $420,000 after acquiring an additional 276 shares in the last quarter. Tandem Investment Advisors Inc. raised its holdings in shares of ExlService by 7.0% during the first quarter. Tandem Investment Advisors Inc. now owns 4,659 shares of the business services provider’s stock worth $280,000 after acquiring an additional 306 shares in the last quarter. Finally, Mason Street Advisors LLC raised its holdings in shares of ExlService by 3.6% during the first quarter. Mason Street Advisors LLC now owns 11,023 shares of the business services provider’s stock worth $662,000 after acquiring an additional 384 shares in the last quarter. Institutional investors and hedge funds own 92.11% of the company’s stock.

Shares of NASDAQ:EXLS traded down $0.52 on Thursday, reaching $64.55. 68,930 shares of the company traded hands, compared to its average volume of 113,529. ExlService has a fifty-two week low of $44.29 and a fifty-two week high of $67.68. The firm has a 50 day simple moving average of $62.93. The stock has a market cap of $2.28 billion, a PE ratio of 27.94, a PEG ratio of 2.63 and a beta of 1.08. The company has a debt-to-equity ratio of 0.48, a current ratio of 3.40 and a quick ratio of 3.40.

ExlService Company Profile

ExlService Holdings, Inc provides operations management and analytics services in the United States, the United Kingdom, and internationally. The company offers business process management (BPM) services to the insurance industry in the areas of claims processing, subrogation, premium and benefit administration, agency management, account reconciliation, policy research, underwriting support, new business processing, policy servicing, premium audit, surveys, billing and collection, commercial and residential survey, and customer services.

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Earnings History and Estimates for ExlService (NASDAQ:EXLS)

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