While ExlService Holdings Inc has overperformed by 2.49%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, EXLS fell by -6.13%, with highs and lows ranging from $35.94 to $25.17, whereas the simple moving average jumped by 2.80% in the last 200 days.
On January 17, 2024, Citigroup Upgraded ExlService Holdings Inc (NASDAQ: EXLS) to Buy. A report published by Jefferies on September 19, 2023, Initiated its previous ‘Hold’ rating for EXLS. Citigroup also Upgraded EXLS shares as ‘Neutral’, setting a target price of $160 on the company’s shares in a report dated March 15, 2023. Citigroup July 20, 2022d its ‘Neutral’ rating to ‘Sell’ for EXLS, as published in its report on July 20, 2022. BofA Securities’s report from March 01, 2022 suggests a price prediction of $143 for EXLS shares, giving the stock a ‘Buy’ rating. Cowen also rated the stock as ‘Outperform’.
Analysis of ExlService Holdings Inc (EXLS)
Further, the quarter-over-quarter increase in sales is 10.50%, showing a positive trend in the upcoming months.
One of the most important indicators of ExlService Holdings Inc’s future performance is equity, which can be evaluated using several well-rounded types of analysis and research techniques. The goal here is to ensure that your current return on equity of 22.40% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 2.07, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
For any stock, average volume can also provide valuable insight into volatility, and EXLS is recording 974.02K average volume. On a monthly basis, the volatility of the stock is set at 2.96%, whereas on a weekly basis, it is put at 4.07%, with a loss of -0.56% over the past seven days. Furthermore, long-term investors anticipate a median target price of $36.06, showing growth from the present price of $30.42, which can serve as yet another indication of whether EXLS is worth investing in or should be passed over.
How Do You Analyze ExlService Holdings Inc Shares?
The Information Technology Services market is dominated by ExlService Holdings Inc (EXLS) based in the USA. When comparing ExlService Holdings Inc shares with other companies under Technology, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 27.73, there is a growth in quarterly earnings of 28.20%.
Along with the fundamentals, it is also important to consider how many employees own shares of the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 5.12%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 94.04% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
EXLS shares are owned by institutional investors to the tune of 94.04% at present.
