Dice Holdings Rating Increased to Buy at TheStreet (DHX)
The analysts wrote, “Dice Holdings (DHX) has been upgraded by TheStreet Ratings from hold to buy. The company’s strengths can be seen in multiple areas, such as its revenue growth and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.”
In other Dice Holdings news, Director Scot W. Melland sold 18,800 shares of Dice Holdings stock in a transaction dated Wednesday, July 2nd. The shares were sold at an average price of $7.86, for a total transaction of $147,768.00. The transaction was disclosed in a document filed with the SEC, which is available at this link.
Dice Holdings (NYSE:DHX) traded down 0.26% during mid-day trading on Tuesday, hitting $7.72. 263,759 shares of the company’s stock traded hands. Dice Holdings has a 52 week low of $6.50 and a 52 week high of $9.86. The stock’s 50-day moving average is $7.1 and its 200-day moving average is $7.17. The company has a market cap of $419.3 million and a P/E ratio of 34.10.
Dice Holdings (NYSE:DHX) last announced its earnings results on Wednesday, April 30th. The company reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.09 by $0.01. The company had revenue of $60.70 million for the quarter, compared to the consensus estimate of $60.36 million. During the same quarter in the previous year, the company posted $0.12 earnings per share. The company’s revenue for the quarter was up 20.4% on a year-over-year basis. On average, analysts predict that Dice Holdings will post $0.31 earnings per share for the current fiscal year.
Separately, analysts at Stifel Nicolaus initiated coverage on shares of Dice Holdings in a research note on Monday, May 12th. They set a “buy” rating and a $10.00 price target on the stock.
Dice Holdings, Inc (NYSE:DHX) is a provider of specialized Websites focused on select professional communities.
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