Brokers Set Expectations for DHI Group, Inc.’s FY2017 Earnings (DHX)
DHI Group, Inc. (NYSE:DHX) – Stock analysts at Cantor Fitzgerald cut their FY2017 EPS estimates for DHI Group in a research note issued to investors on Thursday. Cantor Fitzgerald analyst K. Paulson now forecasts that the technology company will earn $0.20 per share for the year, down from their previous forecast of $0.25. Cantor Fitzgerald has a “Hold” rating and a $4.00 price target on the stock.
DHX has been the topic of a number of other reports. B. Riley reissued a “neutral” rating and set a $3.00 target price on shares of DHI Group in a report on Wednesday, August 2nd. Zacks Investment Research cut shares of DHI Group from a “hold” rating to a “sell” rating in a report on Tuesday, May 30th. Finally, ValuEngine raised shares of DHI Group from a “hold” rating to a “buy” rating in a report on Thursday, July 6th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and one has issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $6.25.
DHI Group (NYSE DHX) opened at 2.05 on Monday. DHI Group has a 12 month low of $1.75 and a 12 month high of $8.43. The stock’s market capitalization is $103.34 million. The firm’s 50-day moving average is $2.15 and its 200 day moving average is $3.22.
DHI Group (NYSE:DHX) last issued its quarterly earnings data on Thursday, July 27th. The technology company reported $0.04 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.06 by $0.02. DHI Group had a positive return on equity of 13.19% and a negative net margin of 3.80%. The business had revenue of $52.40 million for the quarter, compared to analysts’ expectations of $52.93 million. During the same period in the previous year, the business posted $0.10 earnings per share. The company’s revenue for the quarter was down 9.2% on a year-over-year basis.
Several institutional investors have recently added to or reduced their stakes in the company. Dynamic Technology Lab Private Ltd bought a new position in shares of DHI Group during the second quarter worth about $112,000. Arrowstreet Capital Limited Partnership grew its position in shares of DHI Group by 119.3% during the second quarter. Arrowstreet Capital Limited Partnership now owns 148,721 shares of the technology company’s stock worth $424,000 after acquiring an additional 80,900 shares during the last quarter. State Street Corp grew its position in shares of DHI Group by 5.8% during the second quarter. State Street Corp now owns 1,382,818 shares of the technology company’s stock worth $3,941,000 after acquiring an additional 75,284 shares during the last quarter. Cornerstone Capital Management Holdings LLC. grew its position in shares of DHI Group by 6.5% during the second quarter. Cornerstone Capital Management Holdings LLC. now owns 292,346 shares of the technology company’s stock worth $832,000 after acquiring an additional 17,900 shares during the last quarter. Finally, Goldman Sachs Group Inc. grew its position in shares of DHI Group by 27.5% during the second quarter. Goldman Sachs Group Inc. now owns 886,469 shares of the technology company’s stock worth $2,527,000 after acquiring an additional 191,247 shares during the last quarter. Institutional investors and hedge funds own 84.59% 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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