PRGX Global, Inc., together with its subsidiaries, provides recovery audit services to businesses having payment transactions and procurement environments worldwide. More Details
No risks detected for PRGX from our risk checks.
Adequate balance sheet and fair value.
Share Price & News
How has PRGX Global's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PRGX is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: PRGX's weekly volatility (7%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: PRGX exceeded the US IT industry which returned 28.1% over the past year.
Return vs Market: PRGX exceeded the US Market which returned 20.9% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is PRGX Global's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StReflecting on PRGX Global's (NASDAQ:PRGX) Share Price Returns Over The Last Three Years
2 months ago | Simply Wall StDoes PRGX Global (NASDAQ:PRGX) Have A Healthy Balance Sheet?
2 months ago | Simply Wall StShould We Be Excited About The Trends Of Returns At PRGX Global (NASDAQ:PRGX)?
Is PRGX Global undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: PRGX ($6.66) is trading below our estimate of fair value ($87.06)
Significantly Below Fair Value: PRGX is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: PRGX is unprofitable, so we can't compare its PE Ratio to the US IT industry average.
PE vs Market: PRGX is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate PRGX's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PRGX is good value based on its PB Ratio (2.8x) compared to the US IT industry average (4x).
How is PRGX Global forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PRGX is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).
Earnings vs Market: PRGX is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: PRGX's is expected to become profitable in the next 3 years.
Revenue vs Market: PRGX's revenue (1.7% per year) is forecast to grow slower than the US market (10.3% per year).
High Growth Revenue: PRGX's revenue (1.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if PRGX's Return on Equity is forecast to be high in 3 years time
How has PRGX Global performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PRGX is currently unprofitable.
Growing Profit Margin: PRGX is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: PRGX is unprofitable, and losses have increased over the past 5 years at a rate of 59.4% per year.
Accelerating Growth: Unable to compare PRGX's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: PRGX is unprofitable, making it difficult to compare its past year earnings growth to the IT industry (3.2%).
Return on Equity
High ROE: PRGX has a negative Return on Equity (-8.52%), as it is currently unprofitable.
How is PRGX Global's financial position?
Financial Position Analysis
Short Term Liabilities: PRGX's short term assets ($66.1M) exceed its short term liabilities ($32.0M).
Long Term Liabilities: PRGX's short term assets ($66.1M) exceed its long term liabilities ($37.8M).
Debt to Equity History and Analysis
Debt Level: PRGX's debt to equity ratio (54.5%) is considered high.
Reducing Debt: Insufficient data to determine if PRGX's debt to equity ratio has reduced over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable PRGX has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: PRGX is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 18.8% per year.
What is PRGX Global current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate PRGX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate PRGX's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if PRGX's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if PRGX's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of PRGX's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Ron Stewart (65 yo)
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 foc...
CEO Compensation Analysis
Compensation vs Market: Ron's total compensation ($USD625.00K) is below average for companies of similar size in the US market ($USD1.10M).
Compensation vs Earnings: Ron's compensation has been consistent with company performance over the past year.
|Executive Chairman of the Board||1.83yrs||US$1.20m||0.39% |
|Executive VP||1.83yrs||US$2.14m||0.57% |
|Chief Information Officer||2.5yrs||no data||no data|
|Senior VP||14.5yrs||US$641.68k||0.63% |
|Vice President of Global Sales||1.17yrs||no data||no data|
|Chief Marketing Officer||1.83yrs||no data||no data|
|Chief Human Resources Officer||1.5yrs||no data||no data|
|Managing Director of Business Analytics and Advisory Services Group||8.92yrs||no data||no data|
|Managing Director of Commercial & Contract Compliance for Europe||3.17yrs||no data||no data|
|Managing Director of Commercial for North America||2yrs||no data||no data|
|Senior Vice President of Commercial Operations||1.58yrs||no data||no data|
Experienced Management: PRGX's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
|Executive Chairman of the Board||1.83yrs||US$1.20m||0.39% |
|Independent Lead Director||1.83yrs||US$190.56k||0.77% |
|Independent Director||7.83yrs||US$177.50k||0.088% |
|Independent Director||3.67yrs||US$184.65k||0.30% |
|Independent Director||4yrs||US$165.00k||0.11% |
|Independent Director||5.58yrs||US$184.82k||0.14% |
Experienced Board: PRGX's board of directors are considered experienced (4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
PRGX Global, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: PRGX Global, Inc.
- Ticker: PRGX
- Exchange: NasdaqGS
- Founded: 1970
- Industry: Data Processing and Outsourced Services
- Sector: Software
- Market Cap: US$156.920m
- Shares outstanding: 23.56m
- Website: https://www.prgx.com
Number of Employees
- PRGX Global, Inc.
- 600 Galleria Parkway
- Suite 100
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|PRGX||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Mar 1996|
|PFYA||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Mar 1996|
PRGX Global, Inc., together with its subsidiaries, provides recovery audit services to businesses having payment transactions and procurement environments worldwide. The company operates through three segm...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/30 23:43|
|End of Day Share Price||2020/11/30 00:00|
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.