PRGX Global, Inc. (NASDAQ:PRGX) is scheduled to be announcing its earnings results before the market opens on Monday, July 24th. Analysts expect the company to announce earnings of ($0.07) per share for the quarter.
PRGX Global (NASDAQ:PRGX) last posted its quarterly earnings results on Wednesday, April 26th. The business services provider reported ($0.08) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.06) by $0.02. The firm had revenue of $33.57 million for the quarter, compared to analysts’ expectations of $33.37 million. PRGX Global had a negative net margin of 0.51% and a positive return on equity of 0.88%. On average, analysts expect PRGX Global to post $0 EPS for the current fiscal year and $0.07 EPS for the next fiscal year.
Shares of PRGX Global, Inc. (NASDAQ PRGX) opened at 6.25 on Monday. The firm’s 50-day moving average price is $6.42 and its 200 day moving average price is $6.17. PRGX Global, Inc. has a 1-year low of $4.25 and a 1-year high of $7.25. The stock’s market cap is $138.28 million.
In other news, Director Matthew A. Drapkin bought 25,058 shares of the business’s stock in a transaction dated Friday, May 26th. The shares were acquired at an average price of $6.21 per share, for a total transaction of $155,610.18. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Matthew A. Drapkin bought 26,062 shares of the business’s stock in a transaction dated Tuesday, May 30th. The shares were purchased at an average price of $6.21 per share, for a total transaction of $161,845.02. The disclosure for this purchase can be found here. Insiders have bought 198,280 shares of company stock worth $1,224,645 in the last quarter. Insiders own 14.96% of the company’s stock.
PRGX has been the topic of a number of research analyst reports. Zacks Investment Research upgraded PRGX Global from a “strong sell” rating to a “hold” rating in a research report on Wednesday, June 28th. B. Riley reiterated a “buy” rating and set a $8.00 target price on shares of PRGX Global in a research report on Saturday, April 29th. Finally, ValuEngine cut PRGX Global from a “hold” rating to a “sell” rating and cut their target price for the stock from $6.00 to $4.00 in a research report on Thursday, May 11th. Two analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of $6.31.
About PRGX Global
PRGX Global, Inc (PRGX), together with its subsidiaries, provides recovery audit and spend analytics services. The Company provides recovery audit, procure-to-pay performance improvement, spend analytics and risk management services principally to large businesses and government agencies. The Company operates through three segments: Recovery Audit Services-Americas, Recovery Audit Services-Europe/Asia-Pacific and Adjacent Services.
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