Barrington Remains a Buy on Exlservice Holdings (EXLS)


In a report released today, Vincent Colicchio from Barrington maintained a Buy rating on Exlservice Holdings (EXLS), with a price target of $70. The company’s shares closed yesterday at $62.55.

Colicchio said:

“We expect EXL to report Q1/19 non-GAAP EPS of $0.71, which exceeds the FactSet consensus of $0.68. Our expectation represents year-over-year growth of 9% and a sequential decline of 4%.”

According to TipRanks.com, Colicchio ‘s ranking currently consits of no stars on a 0-5 ranking scale, with an average return of -5.0% and a 53.2% success rate. Colicchio covers the Technology sector, focusing on stocks such as Sykes Enterprises Inc, Computer Task, and HealthStream.

Exlservice Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $68.

See today’s analyst top recommended stocks >>

Based on Exlservice Holdings’ latest earnings release for the quarter ending December 31, the company reported a quarterly net profit of $3.86 million. In comparison, last year the company had a net profit of $23.16 million.

Based on the recent corporate insider activity of 79 insiders, corporate insider sentiment is negative on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

ExlService Holdings, Inc. is an operations management and analytics company, which engagegs in the provision of business process management. It operates through the following segments: Insurance; Healthcare; Travel, Transportation, and Logistics; Finance and Accounting; Analytics; and All Other.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts