- ExlService Holdings (EXLS) demonstrates sustained, above-sector growth, robust profitability, and rapidly improving stock momentum.
- EXLS has a 100% “Buy” technical opinion from Barchart.
- Shares are up nearly 35% over the past 6 months.
- Strong upward earnings estimate revisions and broad analyst support suggest that EXLS still has room to run.
Today’s Featured Stock
Valued at $6.2 billion, ExlServices (EXLS) is a leading operations management and analytics company that designs and enables agile, customer-centric operating models to help clients improve their revenue growth and profitability.
What I’m Watching
I found today’s Chart of the Day by using Barchart’s powerful screening functions to sort for stocks with the highest technical buy signals and superior current momentum. I then used Barchart’s Flipcharts feature to review the charts for consistent price appreciation. EXLS checks those boxes. The Trend Seeker issued a new “Buy” signal on Oct. 15. Since that signal, EXLS is up 8.63%.
Barchart’s Technical Indicators for ExlServices
Editor’s Note: The technical indicators below are updated live during the session every 20 minutes and can therefore change each day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com website when you read this report. These technical indicators form the Barchart Opinion on a particular stock.
ExlServices hit a 6-month high of $42.71 on Oct. 22.
- ExlServices has a Weighted Alpha of 18.48.
- EXLS has a 100% “Buy” opinion from Barchart.
- The stock has gained 3.46% over the past 52 weeks.
- ExlServices has its Trend Seeker “Buy” signal intact.
- The stock recently traded at 42.89 with a 50-day moving average of $36.65.
- EXLS had 11 highs and gained 21.96% in the last month.
- 60-month beta of 0.84
- Relative Strength Index (RSI) is at 82.65.
- There’s a technical support level around $40.67.
Don’t Forget the Fundamentals
- $6.2 billion market capitalization.
- 23.89x trailing price-earnings ratio.
- Revenue is expected to grow 15.44% this year and another 11.74 next year.
- Earnings are estimated to increase by 17.43% this year and an additional 13.46% next year.
Analyst and Investor Sentiment on ExlServices
- Wall Street analysts followed by Barchart give the stock 8 “Strong Buy,” 1 “Moderate Buy,” and 1 “Hold” opinion with price targets from $43 to $48.
- Value Line rates the stock “Highest” with price targets between $65 and $100.
- Morningstar thinks the stock is 7% undervalued with a fair value of $44.05.
- CFRA’s MarketScope rates the stock as “Buy.”
- 4,930 investors are following the stock on Seeking Alpha, which rates it as a “Strong Buy.”
- TipRanks’ analysts have a consensus of $44.43, which is above yesterday’s close.
- Short interest is 7.24% of the float with 5.12 days to cover the float.
The Bottom Line on ExlServices
The company stands out with sustained above-sector growth, robust profitability, rapidly improving stock momentum, and strong upward earnings estimate revisions. Analysts predict that this stock still has some room to run.
Additional disclosure: The Barchart Chart of the Day highlights stocks that are experiencing exceptional current price appreciation. They are not intended to be buy recommendations as these stocks are extremely volatile and speculative. Should you decide to add one of these stocks to your investment portfolio, it is highly suggested you follow a predetermined diversification and moving stop loss discipline that is consistent with your personal investment risk tolerance.
On the date of publication, Jim Van Meerten did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.