PRGX Global, Inc. (NASDAQ:PRGX) is scheduled to be releasing its earnings data after the market closes on Wednesday, October 25th. Analysts expect PRGX Global to post earnings of $0.06 per share for the quarter.

PRGX Global (NASDAQ:PRGX) last released its quarterly earnings data on Tuesday, August 1st. The business services provider reported ($0.01) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.07) by $0.06. The firm had revenue of $38.51 million during the quarter, compared to analysts’ expectations of $37.06 million. PRGX Global had a positive return on equity of 0.30% and a negative net margin of 0.55%. On average, analysts expect PRGX Global to post $0.09 EPS for the current fiscal year and $0.09 EPS for the next fiscal year.

Shares of PRGX Global, Inc. (NASDAQ PRGX) opened at 7.30 on Monday. PRGX Global, Inc. has a 52-week low of $4.25 and a 52-week high of $7.40. The company’s 50-day moving average price is $6.94 and its 200-day moving average price is $6.51. The firm’s market cap is $163.42 million.

A number of brokerages recently weighed in on PRGX. Zacks Investment Research lowered shares of PRGX Global from a “buy” rating to a “hold” rating in a research note on Friday. B. Riley reaffirmed a “buy” rating and issued a $8.00 target price on shares of PRGX Global in a research note on Saturday, August 5th. Two investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of $6.88.

In other news, Director Matthew A. Drapkin acquired 37,370 shares of the firm’s stock in a transaction that occurred on Wednesday, August 23rd. The shares were acquired at an average cost of $6.35 per share, with a total value of $237,299.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, major shareholder Strategic Opportunit Headlands acquired 20,000 shares of the firm’s stock in a transaction that occurred on Friday, August 4th. The stock was purchased at an average cost of $6.13 per share, for a total transaction of $122,600.00. The disclosure for this purchase can be found here. Insiders have bought 95,510 shares of company stock worth $598,368 over the last ninety days. Insiders own 14.96% of the company’s stock.

COPYRIGHT VIOLATION NOTICE: This piece of content was published by The Cerbat Gem and is the property of of The Cerbat Gem. If you are accessing this piece of content on another domain, it was illegally stolen and republished in violation of United States and international copyright and trademark law. The original version of this piece of content can be accessed at https://www.thecerbatgem.com/2017/10/23/prgx-global-inc-prgx-to-release-earnings-on-wednesday.html.

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.

Earnings History for PRGX Global (NASDAQ:PRGX)

Receive News & Stock Ratings for PRGX Global Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PRGX Global Inc. and related stocks with our FREE daily email newsletter.