What Makes ExlService Holdings (EXLS) a New Buy Stock

Core Viewpoint - ExlService Holdings (EXLS) has received a Zacks Rank 2 (Buy) upgrade, indicating a positive trend in earnings estimates, which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Price Movement - The Zacks rating system is based on changes in earnings estimates, which are closely correlated with near-term stock price movements [4][6]. - Rising earnings estimates for ExlService Holdings suggest an improvement in the company's underlying business, likely leading to increased stock prices [5][10]. Recent Performance and Projections - For the fiscal year ending December 2025, ExlService Holdings is projected to earn $1.88 per share, reflecting a 13.9% increase from the previous year [8]. - Over the past three months, the Zacks Consensus Estimate for ExlService Holdings has risen by 2.8% [8]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with only the top 20% receiving a 'Strong Buy' or 'Buy' rating [9][10]. - The upgrade of ExlService Holdings to a Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, indicating strong potential for market-beating returns [10].