DHI Group, Inc. (DHX) Receives “Hold” Rating from B. Riley
DHI Group, Inc. (NYSE:DHX)‘s stock had its “hold” rating reaffirmed by B. Riley in a research note issued on Friday. They presently have a $3.00 price objective on the technology company’s stock. B. Riley’s price objective indicates a potential upside of 25.00% from the company’s previous close.
DHX has been the topic of a number of other reports. Zacks Investment Research raised shares of DHI Group from a “sell” rating to a “hold” rating in a research report on Tuesday, July 11th. Cantor Fitzgerald reaffirmed a “hold” rating and issued a $4.00 target price on shares of DHI Group in a research report on Friday, July 28th. Finally, ValuEngine raised shares of DHI Group from a “hold” rating to a “buy” rating in a research report on Thursday, July 6th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $6.25.
Shares of DHI Group (NYSE DHX) traded up 4.35% during mid-day trading on Friday, reaching $2.40. 191,484 shares of the company’s stock traded hands. The company’s 50-day moving average price is $2.31 and its 200-day moving average price is $2.67. The stock’s market capitalization is $120.98 million. DHI Group has a 12-month low of $1.75 and a 12-month high of $6.80.
DHI Group (NYSE:DHX) last posted its earnings results on Thursday, July 27th. The technology company reported $0.04 EPS for the quarter, missing the Zacks’ consensus estimate of $0.06 by ($0.02). The company had revenue of $52.40 million during the quarter, compared to analysts’ expectations of $52.93 million. DHI Group had a negative net margin of 3.80% and a positive return on equity of 13.19%. The company’s quarterly revenue was down 9.2% on a year-over-year basis. During the same period last year, the business earned $0.10 earnings per share. Analysts anticipate that DHI Group will post $0.19 earnings per share for the current year.
Institutional investors have recently modified their holdings of the business. Arizona State Retirement System grew its position in DHI Group by 0.8% during the 1st quarter. Arizona State Retirement System now owns 25,861 shares of the technology company’s stock worth $102,000 after purchasing an additional 200 shares during the last quarter. Texas Permanent School Fund grew its position in DHI Group by 2.8% during the 2nd quarter. Texas Permanent School Fund now owns 36,933 shares of the technology company’s stock worth $105,000 after purchasing an additional 1,006 shares during the last quarter. Alliancebernstein L.P. grew its position in DHI Group by 148.1% during the 2nd quarter. Alliancebernstein L.P. now owns 38,300 shares of the technology company’s stock worth $109,000 after purchasing an additional 22,860 shares during the last quarter. Thrivent Financial For Lutherans grew its position in DHI Group by 3.9% during the 1st quarter. Thrivent Financial For Lutherans now owns 27,900 shares of the technology company’s stock worth $110,000 after purchasing an additional 1,040 shares during the last quarter. Finally, Dynamic Technology Lab Private Ltd purchased a new position in DHI Group during the 2nd quarter worth $112,000. 84.13% of the stock is currently owned by institutional investors.
DHI Group Company Profile
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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