Back to top

Image: Bigstock

ExlService (EXLS) Stock Rises 12% in a Year: Here's How

Read MoreHide Full Article

ExlService Holdings, Inc. (EXLS - Free Report) has had an impressive run over the past year. The stock has gained 11.6%, significantly outperforming the 3.4% rise of the industry it belongs to.

Factors Driving the Stock

The company posted better-than-expected earnings and revenue performance in the last four quarters, driven by strong sales from new and existing clients.

ExlService continues to maintain long-term relationships with existing clients and attract new clients through its BPaaS and digital offerings. It focuses on increasing the depth and breadth of its services across clients’ value chains and geographies. This, in turn, is helping the company to strengthen its presence in spaces characterized by complex and diverse data-led processes.

ExlService remains focused on expanding its presence in both well-established and emerging markets, building its client portfolio in finance and accounting and consulting services across all its business segments. EXLS is strongly capable of applying digital technologies to enterprise processes and business priorities at every step of the client’s digital transformation journey, by integrating domain expertise with data, cloud, advanced analytics, AI and ML.

The company has a consistent record of share repurchases. It repurchased shares worth $68.5 million, $115.6 million and $77.8 million in 2022, 2021 and 2020, respectively. Such moves help instill investors’ confidence in the stock and positively impact earnings per share.

Zacks Rank and Stocks to Consider

ExlService currently carries a Zacks Rank #3 (Hold).

Maximus (MMS - Free Report) : MMS sports a Zacks Rank of 1 (Strong Buy) at present and has a VGM Score of A. You can see the complete list of today’s Zacks #1 Rank stocks here.

The company has an impressive earning surprise history, beating the Zacks Consensus Estimate in three instances and missing once, the average surprise being 9.6%.

Green Dot (GDOT - Free Report) : GDOT currently carries a Zacks Rank #2 (Buy) and has a VGM Score of A.

The company has an impressive earning surprise history, beating the consensus mark in all the trailing four quarters, with an average surprise of 37.3%.


See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


Green Dot Corporation (GDOT) - free report >>

ExlService Holdings, Inc. (EXLS) - free report >>

Maximus, Inc. (MMS) - free report >>

Published in