Loading...

You're on the old version of Simply Wall St. We will no longer be supporting this site, so we recommend you switch to our brand new platform.

PRGX Global

Nasdaq:PRGX
Snowflake Description

Mediocre balance sheet with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
PRGX
Nasdaq
$69M
Market Cap
  1. Home
  2. US
  3. Software
Company description

PRGX Global, Inc., together with its subsidiaries, provides recovery audit services to businesses and government agencies having payment transactions and procurement environments worldwide. The last earnings update was 27 days ago. More info.


Add to Portfolio Compare Print
  • PRGX Global has significant price volatility in the past 3 months.
PRGX Share Price and Events
7 Day Returns
23.3%
NasdaqGS:PRGX
4.3%
US IT
2.4%
US Market
1 Year Returns
-62.9%
NasdaqGS:PRGX
-1.2%
US IT
-10%
US Market
PRGX Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
PRGX Global (PRGX) 23.3% -7.6% -32.9% -62.9% -55.2% -23%
US IT 4.3% -10% -15.6% -1.2% 59.3% 77.7%
US Market 2.4% -11% -19.4% -10% 9.6% 21.1%
1 Year Return vs Industry and Market
  • PRGX underperformed the IT industry which returned -1.2% over the past year.
  • PRGX underperformed the Market in United States of America which returned -10% over the past year.
Price Volatility
PRGX
Industry
5yr Volatility vs Market

Value

 Is PRGX Global undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for PRGX Global. This is due to cash flow or dividend data being unavailable. The share price is $2.91.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for PRGX Global's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are PRGX Global's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqGS:PRGX PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in USD $-0.63
NasdaqGS:PRGX Share Price ** NasdaqGS (2020-04-07) in USD $2.91
United States of America IT Industry PE Ratio Median Figure of 71 Publicly-Listed IT Companies 24.84x
United States of America Market PE Ratio Median Figure of 2,948 Publicly-Listed Companies 12.95x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of PRGX Global.

NasdaqGS:PRGX PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGS:PRGX Share Price ÷ EPS (both in USD)

= 2.91 ÷ -0.63

-4.6x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • PRGX Global is loss making, we can't compare its value to the US IT industry average.
  • PRGX Global is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does PRGX Global's expected growth come at a high price?
Raw Data
NasdaqGS:PRGX PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -4.6x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
125.2%per year
United States of America IT Industry PEG Ratio Median Figure of 60 Publicly-Listed IT Companies 1.89x
United States of America Market PEG Ratio Median Figure of 2,010 Publicly-Listed Companies 0.92x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for PRGX Global, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on PRGX Global's assets?
Raw Data
NasdaqGS:PRGX PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in USD $2.27
NasdaqGS:PRGX Share Price * NasdaqGS (2020-04-07) in USD $2.91
United States of America IT Industry PB Ratio Median Figure of 116 Publicly-Listed IT Companies 2.88x
United States of America Market PB Ratio Median Figure of 5,162 Publicly-Listed Companies 1.26x
NasdaqGS:PRGX PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGS:PRGX Share Price ÷ Book Value per Share (both in USD)

= 2.91 ÷ 2.27

1.28x

* Primary Listing of PRGX Global.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • PRGX Global is good value based on assets compared to the US IT industry average.
X
Value checks
We assess PRGX Global's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the IT industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the IT industry average (and greater than 0)? (1 check)
  5. PRGX Global has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is PRGX Global expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
125.2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is PRGX Global expected to grow at an attractive rate?
  • PRGX Global's earnings growth is expected to exceed the low risk savings rate of 1.7%.
Growth vs Market Checks
  • PRGX Global's earnings growth is expected to exceed the United States of America market average.
  • PRGX Global's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NasdaqGS:PRGX Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqGS:PRGX Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts 125.2%
NasdaqGS:PRGX Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 0%
United States of America IT Industry Earnings Growth Rate Market Cap Weighted Average 16.4%
United States of America IT Industry Revenue Growth Rate Market Cap Weighted Average 9.7%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.3%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqGS:PRGX Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqGS:PRGX Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 170 7 2
2020-12-31 166 4 2
2020-04-08
NasdaqGS:PRGX Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-12-31 170 11 -14
2019-09-30 173 9 -4
2019-06-30 174 6 0
2019-03-31 174 3 1
2018-12-31 172 2 3
2018-09-30 169 6 3
2018-06-30 168 6 2
2018-03-31 165 14 4
2017-12-31 162 13 5
2017-09-30 154 8 -1
2017-06-30 146 6 0
2017-03-31 143 2 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • PRGX Global's earnings are expected to grow significantly at over 20% yearly.
  • PRGX Global's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqGS:PRGX Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from PRGX Global Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:PRGX Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 0.32 0.37 0.27 2.00
2020-12-31 0.19 0.21 0.17 2.00
2020-04-08
NasdaqGS:PRGX Past Financials Data
Date (Data in USD Millions) EPS *
2019-12-31 -0.63
2019-09-30 -0.18
2019-06-30 0.01
2019-03-31 0.06
2018-12-31 0.15
2018-09-30 0.14
2018-06-30 0.07
2018-03-31 0.18
2017-12-31 0.21
2017-09-30 -0.04
2017-06-30 0.01
2017-03-31 0.02

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if PRGX Global will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess PRGX Global's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
PRGX Global has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has PRGX Global performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare PRGX Global's growth in the last year to its industry (IT).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • PRGX Global does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare PRGX Global's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare PRGX Global's 1-year growth to the US IT industry average as it is not currently profitable.
Earnings and Revenue History
PRGX Global's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from PRGX Global Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:PRGX Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 169.76 -14.33 57.60
2019-09-30 172.70 -4.03 57.07
2019-06-30 173.73 0.14 56.05
2019-03-31 173.86 1.44 53.11
2018-12-31 171.78 3.35 50.46
2018-09-30 169.22 3.07 49.39
2018-06-30 168.36 1.52 49.05
2018-03-31 164.77 4.08 47.67
2017-12-31 161.62 4.56 46.94
2017-09-30 153.73 -0.92 45.20
2017-06-30 146.40 0.15 42.89
2017-03-31 143.18 0.45 41.09
2016-12-31 140.84 2.23 39.40
2016-09-30 136.62 6.90 35.22
2016-06-30 134.85 1.87 33.62
2016-03-31 136.55 3.73 33.19
2015-12-31 138.30 1.54 32.28
2015-09-30 142.03 -0.63 32.49
2015-06-30 151.65 2.01 34.70
2015-03-31 156.64 -1.28 36.55
2014-12-31 161.55 -2.70 38.58
2014-09-30 169.38 -11.78 45.86
2014-06-30 179.79 -6.66 48.22
2014-03-31 188.02 -3.36 46.18
2013-12-31 178.27 2.05 45.74
2013-09-30 201.82 7.74 48.40
2013-06-30 200.50 5.43 48.79

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if PRGX Global has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if PRGX Global has efficiently used its assets last year compared to the US IT industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if PRGX Global improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess PRGX Global's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the IT industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
PRGX Global has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is PRGX Global's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up PRGX Global's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • PRGX Global is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • PRGX Global's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of PRGX Global's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.8x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from PRGX Global Company Filings, last reported 3 months ago.

NasdaqGS:PRGX Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 53.05 36.60 14.98
2019-09-30 55.94 35.67 11.13
2019-06-30 58.31 32.67 11.50
2019-03-31 61.23 29.71 12.19
2018-12-31 66.33 21.54 13.97
2018-09-30 62.08 17.60 10.48
2018-06-30 57.80 17.59 9.73
2018-03-31 59.80 13.58 14.95
2017-12-31 60.31 13.47 18.82
2017-09-30 53.62 13.73 11.93
2017-06-30 51.88 13.60 12.87
2017-03-31 51.58 13.60 11.54
2016-12-31 52.39 3.60 15.72
2016-09-30 51.31 0.00 13.17
2016-06-30 48.61 0.00 15.17
2016-03-31 49.72 0.00 15.70
2015-12-31 52.42 0.00 15.12
2015-09-30 51.17 0.00 15.67
2015-06-30 61.31 0.00 19.68
2015-03-31 63.60 0.00 23.39
2014-12-31 70.99 0.00 25.74
2014-09-30 75.11 0.00 26.29
2014-06-30 83.20 0.00 36.37
2014-03-31 94.47 0.00 45.70
2013-12-31 93.83 0.00 43.70
2013-09-30 98.53 3.75 42.41
2013-06-30 92.12 4.50 31.10
  • PRGX Global's level of debt (69%) compared to net worth is high (greater than 40%).
  • Unable to establish if PRGX Global's debt level has increased without past 5-year debt data.
  • Debt is well covered by operating cash flow (28.7%, greater than 20% of total debt).
  • Unable to confirm if the interest payments on PRGX Global's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess PRGX Global's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. PRGX Global has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is PRGX Global's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from PRGX Global dividends.
If you bought $2,000 of PRGX Global shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate PRGX Global's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate PRGX Global's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqGS:PRGX Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
United States of America IT Industry Average Dividend Yield Market Cap Weighted Average of 34 Stocks 1.5%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1935 Stocks 2.9%
United States of America Minimum Threshold Dividend Yield 10th Percentile 1.1%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.9%
United States of America Top 25% Dividend Yield 75th Percentile 5.5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqGS:PRGX Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2021-12-31
2020-12-31
2020-04-08

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as PRGX Global has not reported any payouts.
  • Unable to verify if PRGX Global's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of PRGX Global's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as PRGX Global has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess PRGX Global's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can PRGX Global afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. PRGX Global has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of PRGX Global's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Ron Stewart
COMPENSATION $926,765
AGE 64
TENURE AS CEO 6.4 years
CEO Bio

Mr. Ronald E. Stewart, also known as Ron, has been the Chief Executive Officer and President of PRGX Global, Inc. since December 13, 2013. Mr. Stewart is a Partner at Arcadia Capital Group. Mr. Stewart focuses on the industrial, transportation and logistics sectors. He served as Interim Chief Executive Officer at PRGX Global, Inc. form November 15, 2013 to December 13, 2013 and has also been its Director since November 1, 2012. Mr. Stewart worked in a management capacity with 3DM Systems, LLC. He was a Senior Partner of Accenture, where he served a number of executive positions until October 2007 during his 30-year career at the company. He served as the Global Client Partner for a number of Fortune 100 clients and led the retail and consumer goods practice in the eastern United States for a number of years. Mr. Stewart also led Accenture’s global transportation and travel industry program and served as the North America Managing Partner for the automotive, industrial manufacturing and transportation/travel industry groups. He was the co-Founder and Chairman of FLIP Burger Boutique. He serves on the Board of Directors of Inland Container Express, Inc., which provides logistics brokerage services to the maritime industry. He served as a Director of CityCares. He served as a Director of the Accenture Foundation. Mr. Stewart is an Investor and business entrepreneur. Mr. Stewart holds an M.B.A. in International Business from the University of Alabama and an undergraduate degree from Tulane University.

CEO Compensation
  • Ron's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Ron's remuneration is higher than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the PRGX Global management team in years:

1.3
Average Tenure
59.5
Average Age
  • The average tenure for the PRGX Global management team is less than 2 years, this suggests a new team.
Management Team

Greg Owens

TITLE
Executive Chairman of the Board
COMPENSATION
$150K
AGE
59
TENURE
1.3 yrs

Ron Stewart

TITLE
President
COMPENSATION
$927K
AGE
64
TENURE
6.4 yrs

Kurt Abkemeier

TITLE
Executive VP
AGE
49
TENURE
1.3 yrs

Simone Walsh

TITLE
Controller & Chief Accounting Officer
AGE
46
TENURE
1 yrs

Jim Fisher

TITLE
Chief Information Officer
AGE
63
TENURE
1.9 yrs

Vic Allums

TITLE
Senior VP
COMPENSATION
$642K
AGE
60
TENURE
13.9 yrs

Anis Hadj-Taieb

TITLE
Vice President of Global Sales
TENURE
0.6 yrs

Carol O’Kelley

TITLE
Chief Marketing Officer
TENURE
1.3 yrs

Lynn Howard

TITLE
Chief Human Resources Officer
TENURE
0.9 yrs

Mathias Herzog

TITLE
Managing Director of Business Analytics and Advisory Services Group
TENURE
8.3 yrs
Board of Directors Tenure

Average tenure and age of the PRGX Global board of directors in years:

4.2
Average Tenure
59
Average Age
  • The tenure for the PRGX Global board of directors is about average.
Board of Directors

Greg Owens

TITLE
Executive Chairman of the Board
COMPENSATION
$150K
AGE
59
TENURE
1.3 yrs

Ron Stewart

TITLE
President
COMPENSATION
$927K
AGE
64
TENURE
7.4 yrs

Mylle Mangum

TITLE
Independent Director
COMPENSATION
$152K
AGE
70
TENURE
7.3 yrs

William Kimble

TITLE
Independent Director
COMPENSATION
$155K
AGE
59
TENURE
5 yrs

Kevin Costello

TITLE
Independent Director
COMPENSATION
$146K
AGE
57
TENURE
3.1 yrs

Joe Whitters

TITLE
Lead Director
COMPENSATION
$236K
AGE
60

Matt Drapkin

TITLE
Independent Director
COMPENSATION
$140K
AGE
46
TENURE
3.4 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
12. Sep 19 Buy Joseph Whitters Individual 10. Sep 19 10. Sep 19 5,000 $5.97 $29,845
26. Aug 19 Buy Ronald Stewart Individual 26. Aug 19 26. Aug 19 10,000 $5.01 $50,140
17. Jun 19 Buy Gregory Owens Individual 12. Jun 19 13. Jun 19 3,000 $7.03 $20,924
14. Jun 19 Buy William Kimble Individual 12. Jun 19 12. Jun 19 3,000 $6.87 $20,601
13. Jun 19 Buy Kevin Costello Individual 11. Jun 19 11. Jun 19 5,000 $6.75 $33,759
11. Jun 19 Buy Joseph Whitters Individual 07. Jun 19 07. Jun 19 5,000 $6.93 $34,641
13. May 19 Buy Northern Right Capital Management, L.P. Company 09. May 19 09. May 19 5,000 $7.48 $37,381
08. May 19 Buy Ronald Stewart Individual 07. May 19 07. May 19 10,000 $7.70 $76,980
X
Management checks
We assess PRGX Global's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. PRGX Global has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

President Ronald Stewart Just Bought Shares In PRGX Global, Inc. (NASDAQ:PRGX)

Check out our latest analysis for PRGX Global PRGX Global Insider Transactions Over The Last Year Notably, that recent purchase by President Ronald Stewart was not the only time they bought PRGX Global shares this year. … PRGX Global insiders may have bought shares in the last year, but they didn't sell any. … NasdaqGS:PRGX Recent Insider Trading, August 27th 2019 Does PRGX Global Boast High Insider Ownership?

Simply Wall St -

What Type Of Shareholder Owns PRGX Global, Inc.'s (NASDAQ:PRGX)?

As Nassim Nicholas Taleb said, 'Don’t tell me what you think, tell me what you have in your portfolio.' PRGX Global is not a large company by global standards. … Our analysis of the ownership of the company, below, shows that institutions own shares in the company. … View our latest analysis for PRGX Global NasdaqGS:PRGX Ownership Summary, August 20th 2019 What Does The Institutional Ownership Tell Us About PRGX Global?

Simply Wall St -

Did You Manage To Avoid PRGX Global's (NASDAQ:PRGX) 38% Share Price Drop?

See our latest analysis for PRGX Global While PRGX Global made a small profit, in the last year, we think that the market is probably more focussed on the top line growth at the moment. … This free report showing analyst forecasts should help you form a view on PRGX Global A Different Perspective PRGX Global shareholders are down 38% for the year, but the market itself is up 3.3%. … If you want to research this stock further, the data on insider buying is an obvious place to start.

Simply Wall St -

PRGX Global (NASDAQ:PRGX) Takes On Some Risk With Its Use Of Debt

NasdaqGS:PRGX Historical Debt, July 18th 2019 How Strong Is PRGX Global's Balance Sheet? … Either way, since PRGX Global does have more debt than cash, it's worth keeping an eye on its balance sheet. … Our View To be frank both PRGX Global's conversion of EBIT to free cash flow and its track record of (not) growing its EBIT make us rather uncomfortable with its debt levels.

Simply Wall St -

Should You Take Comfort From Insider Transactions At PRGX Global, Inc. (NASDAQ:PRGX)?

For example, a Harvard University study found that 'insider purchases earn abnormal returns of more than 6% per year.' Check out our latest analysis for PRGX Global The Last 12 Months Of Insider Transactions At PRGX Global In the last twelve months, the biggest single purchase by an insider was when President Ronald Stewart bought US$77k worth of shares at a price of US$7.70 per share. … In the last twelve months PRGX Global insiders were buying shares, but not selling. … NasdaqGS:PRGX Recent Insider Trading, July 3rd 2019 PRGX Global Insiders Bought Stock Recently Over the last three months, we've seen significant insider buying at PRGX Global.

Simply Wall St -

What Does PRGX Global, Inc.'s (NASDAQ:PRGX) Balance Sheet Tell Us About It?

PRGX’s Debt (And Cash Flows) Over the past year, PRGX has ramped up its debt from US$14m to US$43m – this includes long-term debt. … On top of this, PRGX has produced cash from operations of US$3.0m over the same time period, resulting in an operating cash to total debt ratio of 7.0%, meaning that PRGX’s operating cash is less than its debt. … Next Steps: Although PRGX’s debt level is towards the higher end of the spectrum, its cash flow coverage seems adequate to meet obligations which means its debt is being efficiently utilised.

Simply Wall St -

With A 2.3% Return On Equity, Is PRGX Global, Inc. (NASDAQ:PRGX) A Quality Stock?

The formula for return on equity is: Return on Equity = Net Profit ÷ Shareholders' Equity Or for PRGX Global: 2.3% = US$1.4m ÷ US$61m (Based on the trailing twelve months to March 2019.) It's easy to understand the 'net profit' part of that equation, but 'shareholders' equity' requires further explanation. … PRGX Global's Debt And Its 2.3% ROE While PRGX Global does have some debt, with debt to equity of just 0.70, we wouldn't say debt is excessive. … If you would prefer check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity and low debt.

Simply Wall St -

How Much Of PRGX Global, Inc. (NASDAQ:PRGX) Do Insiders Own?

View our latest analysis for PRGX Global NasdaqGS:PRGX Ownership Summary, May 10th 2019 What Does The Institutional Ownership Tell Us About PRGX Global? … We can see that PRGX Global does have institutional investors; and they hold 49% of the stock. … Insider Ownership Of PRGX Global The definition of an insider can differ slightly between different countries, but members of the board of directors always count.

Simply Wall St -

How Much is PRGX Global, Inc.'s (NASDAQ:PRGX) CEO Getting Paid?

This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. … How Does Ron Stewart's Compensation Compare With Similar Sized Companies. … has a market cap of US$181m, and is paying total annual CEO compensation of US$2.4m.

Simply Wall St -

Should We Worry About PRGX Global, Inc.'s (NASDAQ:PRGX) P/E Ratio?

To keep it practical, we'll show how PRGX Global, Inc.'s (NASDAQ:PRGX) P/E ratio could help you assess the value on offer. … PRGX Global has a P/E ratio of 53.51, based on the last twelve months. … Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS)

Simply Wall St -

Company Info

Description

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 incorporated in 1996 and is based in Atlanta, Georgia.

Details
Name: PRGX Global, Inc.
PRGX
Exchange: NasdaqGS
Founded: 1996
$69,145,513
23,761,345
Website: http://www.prgx.com
Address: PRGX Global, Inc.
600 Galleria Parkway,
Suite 100,
Atlanta,
Georgia, 30339,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS PRGX Common Stock Nasdaq Global Select US USD 27. Mar 1996
DB PFYA Common Stock Deutsche Boerse AG DE EUR 27. Mar 1996
Number of employees
Current staff
Staff numbers
1,500
PRGX Global employees.
Industry
Data Processing and Outsourced Services
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/08 03:20
End of day share price update: 2020/04/07 00:00
Last estimates confirmation: 2020/02/26
Last earnings filing: 2020/03/12
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.