How Does Wall Street Rate Shares Of Exela Technologies Inc. (XELA)?

Exela Technologies Inc. (NASDAQ:XELA) saw a downside of -2.37% to close Friday at $1.65 after subtracting -$0.04 on the day. The 5-day average trading volume is 9,313,240 shares of the company’s common stock. It has gained $1.8779 in the past week. An average of 12,553,365 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 22,470,158.

XELA’s 1-month performance is -28.26% or -$0.6600 on its low of $1.6500 reached on 10/08/21. The company’s shares have touched a 52-week low of $1.02 and high of $7.82, with the stock’s rally to the 52-week high happening on 03/10/21. YTD, XELA has achieved 32.43% or $0.4041. However, the current price is down -78.90%% from the 52-week high price.


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Insider Transactions

On Sep 15, 26 days have gone by since the last insider trading activity for Exela Technologies Inc. (XELA). CHADHA PAR (Chairman) most recently sold 100,000 shares at $2.06 per share on Sep 15. This transaction cost the insider $206,000. Chairman, CHADHA PAR, sold 100,000 shares at a price of $2.81 on Aug 13. Then, on Jul 15, Chairman CHADHA PAR sold 100,000 shares at a price of $3.47 per share. This transaction amounted to $347,000.

Valuation Metrics

Exela Technologies Inc. (XELA) has a trailing price-to-earnings (P/E) ratio of 29.20 for the broader industry and 36.88 for the sector.XELA stock has a beta of 1.91. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 0.20.

Exela Technologies Inc.’s quick ratio for the period ended June 29 was 0.70, with the current ratio over the same period at 0.70 meaning that XELA stock is not able to fulfill its debt obligations. In terms of profitability, the gross margin trailing 12 months is 23.20%. The trailing 12-month EBITDA margin is 6.41% while for the period ending June 29; Exela Technologies Inc.’s operating margin was 0.90%. The firm’s gross profit as reported stood at $269.02 million against revenue of $1.29 billion.

Earnings Surprise

For the quarterly period ending June 29 this year, Net income and sales went down compared to those figures reported in the previous quarter. Analysts expected XELA to announce -$0.45 per share in earnings in its latest quarter, but it posted -$0.33, representing a 26.70% surprise. EBITDA for the quarter stood at more than $48.78 million. XELA stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 2.03 billion, with total debt at $1.62 billion. Shareholders hold equity totaling $144.04 million

Technical Picture

Let’s look briefly at Exela Technologies Inc. (XELA) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 08 October was 27.95% to suggest the stock is trending oversold, with historical volatility in this time period at 53.38%.

The stock’s 5-day moving average is $1.7060, reflecting a -13.16% or -$0.2500 change from its current price. XELA is currently trading -25.68% above its 20-day SMA, +2.48% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 and SMA200 by -36.54% and +36.85% respectively.

Stochastic %K and %D was 8.41% and 8.19% and the average true range (ATR) pointed at 0.1342. The RSI (14) points at 33.07%, while the 14-day stochastic is at 0.00% with the period’s ATR at 0.1605. The stock’s 9-day MACD Oscillator is pointing at -0.1167 and -0.2000 on the 14-day charts.

Analyst Ratings

In the most recent analyst report for Exela Technologies Inc. (NASDAQ: XELA), B. Riley Securities launched coverage with a Buy rating. Analysts offering their rating for XELA stock have a consensus rating for the stock as Buy. Currently, 0 brokerage advisors rate XELA as a “sell,”, while 0 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 2 have offered a “buy” rating.

What is XELA’s price target for the next 12 months?

Analysts have a consensus price target ranging from a low of $4.00 and a high of $5.00, with their median price target at $4.50. Looking at these predictions, the average price target given by analysts is for Exela Technologies Inc. (XELA) stock is $4.50.

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