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.
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Industry, Sector and Symbol
Industry Engineering, accounting, research, management & related services
Sub-IndustryData Processing & Outsourced Services
SectorBusiness Services
Phone770-779-3900
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$171.78 million
Profitability
Miscellaneous
Employees1,600
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 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 the consensus estimate 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?
What price target have analysts set for PRGX?
2 brokers have issued 12 month target prices for PRGX Global's shares. Their forecasts range from $12.00 to $13.00. On average, they anticipate PRGX Global's share price to reach $12.50 in the next twelve months. This suggests a possible upside of 88.0% 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?
Headlines about PRGX stock have been trending somewhat positive on Monday, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. PRGX Global earned a news sentiment score of 1.4 on InfoTrie's scale. They also gave media headlines about the business services provider a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the next few days. View News Stories for PRGX Global.
Who are some of PRGX Global's key competitors?
Some companies that are related to PRGX Global include Barrett Business Services (BBSI), 3Pea International (PAYS), NCC Group (NCCGF), Cardlytics (CDLX), Huami (HMI), B. Riley Financial (RILY), International Money Express (IMXI), Resources Connection (RECN), The Hackett Group (HCKT), Crawford & Company (CRD.A), COMSCORE (SCOR), National CineMedia (NCMI), SThree (STREF), Crawford & Company (CRD.B) and Shotspotter (SSTI).
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 variety of of retail and institutional investors. Top institutional investors include THB Asset Management (5.06%), Cadence Capital Management LLC (1.13%), Acadian Asset Management LLC (1.00%), Wedge Capital Management L L P NC (0.44%), Martingale Asset Management L P (0.14%) and O Shaughnessy Asset Management LLC (0.06%). Company insiders that own PRGX Global stock include Gregory J Owens, Joseph E Whitters, Kevin Costello, 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 institutional 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, Acadian Asset Management LLC, O Shaughnessy Asset Management LLC and NJ State Employees Deferred Compensation Plan. View Insider Buying and Selling for PRGX Global.
Which institutional investors are buying PRGX Global stock?
PRGX stock was purchased by a variety of institutional investors in the last quarter, including THB Asset Management, Martingale Asset Management L P, Wedge Capital Management L L P NC and BNP Paribas Arbitrage SA. Company insiders that have bought PRGX Global stock in the last two years include Gregory J Owens, Joseph E Whitters, Kevin Costello, 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 $6.65.
How big of a company is PRGX Global?
PRGX Global has a market capitalization of $156.74 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.View Additional Information About PRGX Global.
What is PRGX Global's official website?
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)
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.
