NASDAQ:PRGX - PRGX Global Stock Price, News, & Analysis

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$7.20 -0.05 (-0.69 %)
(As of 05/20/2019 04:00 PM ET)
Previous Close$7.25
Today's Range$7.01 - $7.29
52-Week Range$7.01 - $10.20
Volume29,814 shs
Average Volume39,153 shs
Market Capitalization$169.71 million
P/E Ratio51.43
Dividend YieldN/A
Beta0.5
PRGX Global, Inc., together with its subsidiaries, provides recovery audit services to businesses and government agencies having payment transactions and procurement environments worldwide. Its recovery audit services are based on the mining of clients' purchasing-related data for overpayments to the third-party suppliers. The company also offers adjacent services, including data transformation, spend analytics, supplier information management, and related advisory services, as well as PRGX OPTIX suite of analytics tools. It serves retailers, such as discount, department, specialty, grocery, and drug stores, as well as wholesalers; business enterprises comprising manufacturers, financial services firms, and pharmaceutical companies, as well as resource companies, which include oil and gas companies; and federal and state government agencies. The company was founded in 1970 and is based in Atlanta, Georgia.

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Industry, Sector and Symbol

Industry Engineering, accounting, research, management & related services
Sub-IndustryData Processing & Outsourced Services
SectorBusiness Services
Current SymbolNASDAQ:PRGX
CUSIP69357C50
Phone770-779-3900

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$171.78 million
Cash Flow$0.5960 per share
Book Value$2.60 per share

Profitability

Net Income$4.59 million

Miscellaneous

Employees1,600
Market Cap$169.71 million
Next Earnings Date8/8/2019 (Estimated)
OptionableOptionable

PRGX Global (NASDAQ:PRGX) Frequently Asked Questions

What is PRGX Global's stock symbol?

PRGX Global trades on the NASDAQ under the ticker symbol "PRGX."

How were PRGX Global's earnings last quarter?

PRGX Global Inc (NASDAQ:PRGX) released its quarterly earnings data on Tuesday, April, 30th. The business services provider reported ($0.19) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.11) by $0.08. The business services provider earned $38.80 million during the quarter, compared to analyst estimates of $38.86 million. PRGX Global had a net margin of 1.64% and a return on equity of 0.23%. View PRGX Global's Earnings History.

When is PRGX Global's next earnings date?

PRGX Global is scheduled to release their next quarterly earnings announcement on Thursday, August 8th 2019. View Earnings Estimates for PRGX Global.

What guidance has PRGX Global issued on next quarter's earnings?

PRGX Global issued an update on its FY 2019 earnings guidance on Thursday, March, 7th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $185.518-188.954 million, compared to the consensus revenue estimate of $188.8 million.

What price target have analysts set for PRGX?

2 brokers have issued 1 year target prices for PRGX Global's stock. Their forecasts range from $12.00 to $13.00. On average, they expect PRGX Global's share price to reach $12.50 in the next year. This suggests a possible upside of 73.6% from the stock's current price. View Analyst Price Targets for PRGX Global.

What is the consensus analysts' recommendation for PRGX Global?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PRGX Global in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for PRGX Global.

What are Wall Street analysts saying about PRGX Global stock?

Here are some recent quotes from research analysts about PRGX Global stock:
  • 1. According to Zacks Investment Research, "PRGX Global, Inc., formerly PRG-Schultz International, Inc., provides audit, analytics, and advisory services in order to improve client financial performance. The Company's recovery audit services comprise taking client transaction data, transforming it for analysis, identification of errors, and working with vendors or providers to recover overpaid cash. It audits merchandise purchases, accounts payable, lease and property payments, telecom, freight, marketing and media expenses, taxes, import duties, and healthcare claims. The Company's analytics services include fraud detection and prevention services, such as detecting, deterring, and preventing fraud; custom analytics services, including discovering the value of unstructured data; benchmarking services; and spend analytic services. Its advisory services consist of working capital optimization, enterprise cost reduction, finance transformation, and corporate performance management. The Company is headquartered in Atlanta, Georgia. " (5/9/2019)
  • 2. Barrington Research analysts commented, "We expect first quarter revenue of $38.7 million, up 5.4% from $36.7 million last year; adjusted EBITDA, which excludes one-time items, foreign currency gains/losses on intercompany balances and stock-based comp, of $3.4 million, up 2.7% from $3.3 million last year; and a net loss per share of $0.08, compared to a net loss per share of $0.10 last year. The FactSet consensus calls for revenue of $38.9 million (two estimates of $38.7 million and $39.0 million), adjusted EBITDA of $2.7 million (two estimates of $2.1 million and $3.4 million) and a net loss per share of $0.12 (two estimates of -$0.15 and -$0.08)." (4/29/2019)

Has PRGX Global been receiving favorable news coverage?

News articles about PRGX stock have trended somewhat negative on Monday, according to InfoTrie. The research group rates the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. PRGX Global earned a coverage optimism score of -1.6 on InfoTrie's scale. They also assigned news headlines about the business services provider a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the near term.

Who are some of PRGX Global's key competitors?

What other stocks do shareholders of PRGX Global own?

Who are PRGX Global's key executives?

PRGX Global's management team includes the folowing people:
  • Mr. Gregory J. Owens, Exec. Chairman (Age 59)
  • Mr. Ronald E. Stewart, Pres, CEO & Director (Age 64)
  • Mr. Michael Cochrane, Sr. VP & COO – Global Audit Operations (Age 53)
  • Mr. Kurt J. Abkemeier, CFO, Treasurer & Controller (Age 49)
  • Mr. Victor A. Allums, Sr. VP, Gen. Counsel & Sec. (Age 60)

Who are PRGX Global's major shareholders?

PRGX Global's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Renaissance Technologies LLC (7.32%), BlackRock Inc. (7.05%), THB Asset Management (5.06%), Dimensional Fund Advisors LP (3.65%), Cannell Capital LLC (2.70%) and 22NW LP (1.98%). Company insiders that own PRGX Global stock include Gregory J Owens, Matthew A Drapkin, Michael Cochrane, Ronald E Stewart, Strategic Opportunit Headlands, Tushar K Sachdev and Victor A Allums. View Institutional Ownership Trends for PRGX Global.

Which major investors are selling PRGX Global stock?

PRGX stock was sold by a variety of institutional investors in the last quarter, including Cadence Capital Management LLC, 22NW LP, Acadian Asset Management LLC, BlackRock Inc., Morgan Stanley, O Shaughnessy Asset Management LLC, Cannell Capital LLC and New York State Common Retirement Fund. Company insiders that have sold PRGX Global company stock in the last year include Michael Cochrane and Victor A Allums. View Insider Buying and Selling for PRGX Global.

Which major investors are buying PRGX Global stock?

PRGX stock was bought by a variety of institutional investors in the last quarter, including THB Asset Management, Renaissance Technologies LLC, Martingale Asset Management L P, Dimensional Fund Advisors LP, Raymond James Financial Services Advisors Inc., Wedge Capital Management L L P NC, BNP Paribas Arbitrage SA and JPMorgan Chase & Co.. Company insiders that have bought PRGX Global stock in the last two years include Gregory J Owens, Matthew A Drapkin, Ronald E Stewart and Strategic Opportunit Headlands. View Insider Buying and Selling for PRGX Global.

How do I buy shares of PRGX Global?

Shares of PRGX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is PRGX Global's stock price today?

One share of PRGX stock can currently be purchased for approximately $7.20.

How big of a company is PRGX Global?

PRGX Global has a market capitalization of $169.71 million and generates $171.78 million in revenue each year. The business services provider earns $4.59 million in net income (profit) each year or $0.14 on an earnings per share basis. PRGX Global employs 1,600 workers across the globe.

What is PRGX Global's official website?

The official website for PRGX Global is http://www.prgx.com.

How can I contact PRGX Global?

PRGX Global's mailing address is 600 GALLERIA PARKWAY STE 100, ATLANTA GA, 30339. The business services provider can be reached via phone at 770-779-3900 or via email at [email protected]


MarketBeat Community Rating for PRGX Global (NASDAQ PRGX)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  224 (Vote Outperform)
Underperform Votes:  209 (Vote Underperform)
Total Votes:  433
MarketBeat's community ratings are surveys of what our community members think about PRGX Global and other stocks. Vote "Outperform" if you believe PRGX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PRGX will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/20/2019 by MarketBeat.com Staff

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