ExlService Holdings Inc (NASDAQ: EXLS) Plunges -0.39% And Its 1.98% Stock Volatility Is Bewildering

ExlService Holdings Inc (NASDAQ:EXLS) does about 1.09M shares in volume on a normal day but saw 707852 shares change hands in Tuesday’s trading. The company now has a market cap of 4.92B USD. Its current market price is $30.27, marking a decrease of -0.39% compared to the previous close of $30.39. The 52 week high reached by this stock is $33.40 whilst the lowest price level in 52 weeks is $25.17.

ExlService Holdings Inc (EXLS) has a 20-day trading average at $29.79 and the current price is -9.37% off the 52-week high compared with 20.26% distance from its 52-week low. The 50-day simple moving average of the closing price is $30.47 and its 200-day simple moving average is $29.47. If we look at the stock’s price movements over the week, volatility stands at 1.98%, which increases to 2.12% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 51.75 to suggest the stock is neutral.

The consensus objective for the share price is $36.61, suggesting that the stock has a potential upside of 17.32% over the period.

The company shares received a number of brokerage firm price updates over the past month, with the latest being on May 08, 2024 when Wedbush upgraded the stock to “Outperform” and issued a price target of between $34 and $40. Citigroup also upgraded the stock to “Buy” from Neutral on January 17, 2024 at a price target of $29-$36. Jefferies initiated its price target at $33.

ExlService Holdings Inc (EXLS) stock is down -1.40% over the week and 1.03% over the past month. Its price is -1.88% year-to-date and 0.44% over the past year.

The stock last released its quarterly earnings report for quarter ended 3/31/2024, with the company’s earnings per share (EPS) of 0.36 above consensus estimates by 0.02. The company’s next earnings report forecasts estimating quarterly EPS at 0.39 and 1.61 for whole year. Expected sales for next quarter are $457.53M, which analysts say will come at $1.81B for the current fiscal year and next year at $2.01B. In addition, estimates put the company’s current quarterly revenue at an average of $444.04M.

To reach the target analysts have set, the stock logically needs to grow 17.32 percent from here.

The company has a return on investment of 15.91% and return on equity of 22.77%. The price to earnings ratio (P/E ratio) amounts to 27.85 while the forward price to earnings ratio is 16.53. The beta has a value of 1.02. Price to book ratio is 6.12 and price to sales ratio is 2.95.