ExlService Holdings Inc (NASDAQ: EXLS)’s stock price has plunge by -0.17relation to previous closing price of 29.46. Nevertheless, the company has seen a -0.91% plunge in its stock price over the last five trading sessions. GlobeNewsWire reported 2024-04-10 that NEW YORK, April 10, 2024 (GLOBE NEWSWIRE) — ExlService Service Holdings, Inc. (NASDAQ: EXLS), a leading data analytics and digital operations and solutions company, will host a conference call to announce financial results for the first quarter ended March 31, 2024, on Thursday, May 2, 2024, before the market opens.
Is It Worth Investing in ExlService Holdings Inc (NASDAQ: EXLS) Right Now?
ExlService Holdings Inc (NASDAQ: EXLS) has a price-to-earnings ratio of 26.81x that is above its average ratio. Additionally, the 36-month beta value for EXLS is 0.99. There are mixed opinions on the stock, with 3 analysts rating it as a “buy,” 5 rating it as “overweight,” 4 rating it as “hold,” and 1 rating it as “sell.”
The public float for EXLS is 157.30M and currently, short sellers hold a 4.82% ratio of that float. The average trading volume of EXLS on April 18, 2024 was 1.01M shares.
EXLS’s Market Performance
EXLS’s stock has seen a -0.91% decrease for the week, with a -3.73% drop in the past month and a -7.22% fall in the past quarter. The volatility ratio for the week is 1.95%, and the volatility levels for the past 30 days are at 2.70% for ExlService Holdings Inc The simple moving average for the past 20 days is -4.22% for EXLS’s stock, with a -0.62% simple moving average for the past 200 days.
Analysts’ Opinion of EXLS
Many brokerage firms have already submitted their reports for EXLS stocks, with Citigroup repeating the rating for EXLS by listing it as a “Buy.” The predicted price for EXLS in the upcoming period, according to Citigroup is $36 based on the research report published on January 17, 2024 of the current year 2024.
Jefferies, on the other hand, stated in their research note that they expect to see EXLS reach a price target of $33. The rating they have provided for EXLS stocks is “Hold” according to the report published on September 19th, 2023.
Citigroup gave a rating of “Neutral” to EXLS, setting the target price at $160 in the report published on March 15th of the previous year.
EXLS Trading at -4.58% from the 50-Day Moving Average
After a stumble in the market that brought EXLS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -18.18% of loss for the given period.
Volatility was left at 2.70%, however, over the last 30 days, the volatility rate increased by 1.95%, as shares sank -7.52% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -3.86% lower at present.
During the last 5 trading sessions, EXLS fell by -0.91%, which changed the moving average for the period of 200-days by -2.65% in comparison to the 20-day moving average, which settled at $30.59. In addition, ExlService Holdings Inc saw -4.67% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at EXLS starting from AYYAPPAN AJAY, who sale 9,259 shares at the price of $31.59 back on Mar 12 ’24. After this action, AYYAPPAN AJAY now owns 50,693 shares of ExlService Holdings Inc, valued at $292,492 using the latest closing price.
Bhalla Vikas, the EVP & Head of Outsourcing of ExlService Holdings Inc, sale 23,760 shares at $31.51 during a trade that took place back on Mar 06 ’24, which means that Bhalla Vikas is holding 127,046 shares at $748,678 based on the most recent closing price.
Stock Fundamentals for EXLS
Current profitability levels for the company are sitting at:
- 0.15 for the present operating margin
- 0.37 for the gross margin
The net margin for ExlService Holdings Inc stands at 0.11. The total capital return value is set at 0.22. Equity return is now at value 22.40, with 13.24 for asset returns.
Based on ExlService Holdings Inc (EXLS), the company’s capital structure generated 0.19 points at debt to capital in total, while cash flow to debt ratio is standing at 0.99. The debt to equity ratio resting at 0.24. The interest coverage ratio of the stock is 36.29.
Currently, EBITDA for the company is 298.54 million with net debt to EBITDA at 0.45. When we switch over and look at the enterprise to sales, we see a ratio of 3.07. The receivables turnover for the company is 4.95for trailing twelve months and the total asset turnover is 1.13. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.07.
Conclusion
In conclusion, ExlService Holdings Inc (EXLS) has seen bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
