While ExlService Holdings Inc has overperformed by 0.12%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, EXLS fell by -4.15%, with highs and lows ranging from $52.43 to $31.87, whereas the simple moving average fell by -6.46% in the last 200 days.
On September 09, 2024, Jefferies Upgraded ExlService Holdings Inc (NASDAQ: EXLS) to Buy. A report published by Wedbush on May 08, 2024, Upgraded its rating to ‘Outperform’ for EXLS. Citigroup also Upgraded EXLS shares as ‘Buy’, setting a target price of $36 on the company’s shares in a report dated January 17, 2024. Jefferies Initiated an Hold rating on September 19, 2023, and assigned a price target of $33. Citigroup March 15, 2023d its ‘Sell’ rating to ‘Neutral’ for EXLS, as published in its report on March 15, 2023. Needham’s report from July 29, 2022 suggests a price prediction of $190 for EXLS shares, giving the stock a ‘Buy’ rating. Citigroup also rated the stock as ‘Sell’.
Analysis of ExlService Holdings Inc (EXLS)
Further, the quarter-over-quarter increase in sales is 14.78%, showing a positive trend in the upcoming months.
ExlService Holdings Inc’s future performance can be predicted by a variety of well-rounded types of analysis and research, with equity being one of the most crucial ones. The goal here is to ensure that your current return on equity of 23.81% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 3.39, 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 be an extremely valuable indicator of volatility, and EXLS is registering an average volume of 2.19M. On a monthly basis, the volatility of the stock is set at 2.93%, whereas on a weekly basis, it is put at 2.59%, with a gain of 0.59% over the past seven days. Furthermore, long-term investors anticipate a median target price of $54.00, showing growth from the present price of $42.54, 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?
A giant in the Information Technology Services market, ExlService Holdings Inc (EXLS) is 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 32.13, there is a growth in quarterly earnings of 38.29%.
Besides checking the fundamentals, you should also know how many employees own shares in 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 3.82%. 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 96.96% 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 96.96% at present.
