PRGX Global, Inc., together with its subsidiaries, provides recovery audit services to businesses and government agencies having payment transactions and procurement environments. It operates through three segments: Recovery Audit Services ? Americas, Recovery Audit Services - Europe/Asia-Pacific, and Adjacent Services. The company's recovery audit services are based on the mining of clients' purchasing related data for overpayments to the third-party suppliers. It also offers adjacent recovery services comprising advisory, analytics, and supplier information management services, as well as PRGX OPTIX suite of analytics tools. The company serves retailers, such as discount, department, specialty, grocery, and drug stores, as well as wholesalers; business enterprises, including manufacturers, financial services firms, pharmaceutical companies, and resource companies, such as oil and gas companies; and federal and state government agencies. PRGX Global, Inc. was founded in 1990 and is based in Atlanta, Georgia.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Engineering, accounting, research, management & related services
Sub-IndustryData Processing & Outsourced Services
SectorBusiness Services
SymbolNASDAQ:PRGX
CUSIP69357C50
Phone770-779-3900
Debt
Debt-to-Equity Ratio0.30
Current Ratio1.57
Quick Ratio1.57
Price-To-Earnings
Trailing P/E Ratio42.38
Forward P/E Ratio222.50
P/E Growth20.46
Sales & Book Value
Annual Sales$161.62 million
Price / Sales1.30
Cash Flow$0.5701 per share
Price / Cash15.61
Book Value$2.69 per share
Price / Book3.31
Profitability
EPS (Most Recent Fiscal Year)$0.21
Net Income$3.18 million
Net Margins0.28%
Return on Equity0.06%
Return on Assets0.03%
Miscellaneous
Employees1,500
Outstanding Shares23,520,000
Market Cap$210.47 million
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) posted its quarterly earnings data on Thursday, August, 9th. The business services provider reported ($0.13) earnings per share for the quarter, missing the consensus estimate of ($0.05) by $0.08. The business services provider had revenue of $42.10 million for the quarter, compared to analysts' expectations of $39.70 million. PRGX Global had a return on equity of 0.06% and a net margin of 0.28%. View PRGX Global's Earnings History.
When is PRGX Global's next earnings date?
What price target have analysts set for PRGX?
2 equities research analysts have issued 12 month price objectives for PRGX Global's stock. Their forecasts range from $12.00 to $13.00. On average, they expect PRGX Global's stock price to reach $12.50 in the next twelve months. This suggests a possible upside of 40.4% 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. Barrington Research analysts commented, "We now expect third quarter revenue of $45.1 million, up 6.2% from $42.5 million last year, but below our prior estimate of $46.1 million; adjusted EBITDA, which excludes one‐time items, foreign currency gains/losses on intercompany balances and stock‐based comp, of $5.7 million, down 10.3% YOY, and below our prior estimate of $6.3 million; and diluted earnings per share of $0.04, down 20.0% from $0.05 last year, and below our prior estimate of $0.07. The FactSet consensus, adjusted for our changes, now calls for revenue of $44.8 million (+5.4% YOY), adjusted EBITDA of $5.7 million (‐10.3% YOY) and diluted earnings per share of $0.03 (‐40.0% YOY)." (9/19/2018)
- 2. 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. " (8/15/2018)
Who are some of PRGX Global's key competitors?
Some companies that are related to PRGX Global include National Research (NRCIA), Xperi (XPER), Jianpu Technology (JT), Paypoint (PYPTF), National CineMedia (NCMI), NCC Group (NCCGF), MITIE Grp PLC/ADR (MITFY), Heidrick & Struggles International (HSII), Shotspotter (SSTI), Everi (EVRI), Huami (HMI), Atento (ATTO), SThree (STREF), The Hackett Group (HCKT) and B. Riley Financial (RILY).
Who are PRGX Global's key executives?
PRGX Global's management team includes the folowing people:
- Mr. Ronald E. Stewart, Pres, CEO & Director (Age 63)
- Mr. Victor A. Allums, Sr. VP, Gen. Counsel & Sec. (Age 59)
- Mr. Michael Cochrane, Sr. VP of Global Client Operations (Age 52)
- Ms. Deborah M. Schleicher, CFO, Treasurer & Controller
- Ms. Louise P. Winstone, Sr. VP of HR (Age 39)
Who are PRGX Global's major shareholders?
PRGX Global's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Renaissance Technologies LLC (7.96%), BlackRock Inc. (7.28%), Dimensional Fund Advisors LP (3.28%), 22NW LP (2.56%), Acadian Asset Management LLC (2.07%) and First Wilshire Securities Management Inc. (1.58%). Company insiders that own PRGX Global stock include Gregory J Owens, Joseph E Whitters, Matthew A Drapkin, Michael Cochrane, 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 Cowen Prime Services LLC and First Wilshire Securities Management Inc.. Company insiders that have sold PRGX Global company stock in the last year include Michael Cochrane, Tushar K Sachdev and Victor A Allums. View Insider Buying and Selling for PRGX Global.
Which major investors are buying PRGX Global stock?
PRGX stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Northern Trust Corp, ClariVest Asset Management LLC, Wedge Capital Management L L P NC, Algert Global LLC, Acadian Asset Management LLC, 22NW LP and Schwab Charles Investment Management Inc.. Company insiders that have bought PRGX Global stock in the last two years include Gregory J Owens, Joseph E Whitters, Matthew A Drapkin 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 $8.90.
How big of a company is PRGX Global?
PRGX Global has a market capitalization of $210.47 million and generates $161.62 million in revenue each year. The business services provider earns $3.18 million in net income (profit) each year or $0.21 on an earnings per share basis. PRGX Global employs 1,500 workers across the globe.
What is PRGX Global's official website?
How can I contact PRGX Global?
PRGX Global's mailing address is 600 GALLERIA PARKWAY SUITE 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)
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.
