DHI Group, Inc. (NYSE:DHX) Upgraded at Zacks Investment Research
DHI Group, Inc. (NYSE:DHX) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Tuesday.
According to Zacks, “DHI Group, Inc. offer specialized websites which focused on select professional communities. The Company’s operating segment consists of Tech & Clearance, Finance, Energy, Healthcare, Hospitality and Corporate & Other. Tech & Clearance segment consists of the Dice.com, ClearanceJobs.com and The IT Job Board services as well as related career fairs. Finance segment represents the eFinancialCareers service. Energy reporting segment provides the Rigzone service and related career fairs. Healthcare segment includes HEALTHeCAREERS, Health Callings and BioSpace. Hospitality segment includes Hcareers and the Corporate. Other reporting segment consists of Slashdot Media, WorkDigital and corporate-related costs. DHI Group, Inc., formerly known as Dice Holdings, Inc., is headquartered in New York. “
Other equities analysts have also issued research reports about the stock. ValuEngine raised shares of DHI Group from a “hold” rating to a “buy” rating in a research report on Thursday, July 6th. TheStreet lowered shares of DHI Group from a “c-” rating to a “d+” rating in a research report on Monday, March 27th. B. Riley reaffirmed a “neutral” rating and set a $4.10 price target on shares of DHI Group in a research report on Saturday, May 6th. Cantor Fitzgerald reiterated a “neutral” rating and set a $6.00 price objective on shares of DHI Group in a research note on Monday, April 10th. Finally, Scotiabank reiterated a “sector perform” rating and set a $7.00 price objective on shares of DHI Group in a research note on Thursday, May 11th. Five research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. DHI Group presently has an average rating of “Hold” and an average price target of $7.03.
DHI Group (NYSE DHX) traded up 6.00% during trading on Tuesday, hitting $2.65. 318,822 shares of the company were exchanged. The company has a 50-day moving average of $2.85 and a 200-day moving average of $4.45. DHI Group has a 12 month low of $2.50 and a 12 month high of $8.43. The company’s market capitalization is $134.05 million.
DHI Group (NYSE:DHX) last issued its quarterly earnings results on Wednesday, May 3rd. The technology company reported $0.04 EPS for the quarter, missing the consensus estimate of $0.06 by $0.02. DHI Group had a positive return on equity of 15.79% and a negative net margin of 2.34%. The company had revenue of $52.20 million for the quarter, compared to analyst estimates of $53.68 million. During the same period last year, the company posted $0.07 EPS. The business’s revenue for the quarter was down 9.2% on a year-over-year basis. Analysts forecast that DHI Group will post $0.23 EPS for the current year.
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Large investors have recently added to or reduced their stakes in the company. Oxford Asset Management increased its stake in DHI Group by 48.9% in the first quarter. Oxford Asset Management now owns 499,162 shares of the technology company’s stock valued at $1,972,000 after buying an additional 164,013 shares in the last quarter. Morgan Stanley increased its stake in DHI Group by 43.8% in the first quarter. Morgan Stanley now owns 384,208 shares of the technology company’s stock valued at $1,518,000 after buying an additional 116,960 shares in the last quarter. Geode Capital Management LLC increased its stake in DHI Group by 21.7% in the first quarter. Geode Capital Management LLC now owns 606,441 shares of the technology company’s stock valued at $2,394,000 after buying an additional 107,974 shares in the last quarter. Renaissance Technologies LLC increased its stake in DHI Group by 10.0% in the fourth quarter. Renaissance Technologies LLC now owns 1,187,900 shares of the technology company’s stock valued at $7,424,000 after buying an additional 107,500 shares in the last quarter. Finally, State Street Corp increased its stake in DHI Group by 7.6% in the fourth quarter. State Street Corp now owns 1,266,294 shares of the technology company’s stock valued at $7,917,000 after buying an additional 89,979 shares in the last quarter. Institutional investors own 83.56% of the company’s stock.
About DHI Group
DHI Group, Inc provides data, insights and employment connections through specialized services for professional communities, including technology and security clearance, financial services, energy, healthcare and hospitality. The Company’s segments are Tech & Clearance, which includes Dice, Dice Europe and ClearanceJobs; Global Industry Group, which includes eFinancialCareers, Rigzone, Hcareers and BioSpace; Healthcare, which includes Health eCareers, and Corporate & Other, which includes Slashdot Media and Brightmatter.
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