PRGX Global Inc (PRGX) Files 10-K for the Fiscal Year Ended on December 31, 2018

PRGX Global Inc (PRGX, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. PRGX Global Inc offers recovery audit and spend analytics services. It provides accounts payable recovery audit services to businesses and government agencies. PRGX Global Inc has a market cap of $192.710 million; its shares were traded at around $8.16 with a P/E ratio of 40.80 and P/S ratio of 1.11. PRGX Global Inc had annual average EBITDA growth of 17.60% over the past five years.

For the last quarter PRGX Global Inc reported a revenue of $49.6 million, compared with the revenue of $47.07 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $171.8 million, an increase of 6.3% from last year. For the last five years PRGX Global Inc had an average revenue decline of 1.9% a year.

The reported diluted earnings per share was 20 cents for the year, an increase of 33.3% from previous year. The PRGX Global Inc had an operating margin of 3.34%, compared with the operating margin of 2.74% a year before. The 10-year historical median operating margin of PRGX Global Inc is 3.38%. The profitability rank of the company is 6 (out of 10).

At the end of the fiscal year, PRGX Global Inc has the cash and cash equivalents of $14.0 million, compared with $18.8 million in the previous year. The company had no long term debt, compared with $13.5 million in the previous year. The interest coverage to the debt is at a comfortable level of 10.2. PRGX Global Inc has a financial strength rank of 5 (out of 10).

At the current stock price of $8.16, PRGX Global Inc is traded at 31% premium to its historical median P/S valuation band of $6.23. The P/S ratio of the stock is 1.11, while the historical median P/S ratio is 0.85. The stock lost 6.48% during the past 12 months.

Directors and Officers Recent Trades:

  • Director Matthew A Drapkin bought 25,000 shares of PRGX stock on 03/15/2019 at the average price of $8.42. The price of the stock has decreased by 3.09% since.

For the complete 20-year historical financial data of PRGX, click here.