DHI Group (DHX) Releases Earnings Results, Beats Expectations By $0.02 EPS

DHI Group (NYSE:DHX) issued its quarterly earnings results on Wednesday. The technology company reported $0.06 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.04 by $0.02, Morningstar.com reports. The firm had revenue of $50.90 million during the quarter, compared to the consensus estimate of $49.25 million. DHI Group had a return on equity of 11.37% and a net margin of 4.58%. The company’s revenue for the quarter was down 7.3% on a year-over-year basis. During the same quarter last year, the company posted $0.11 EPS.

Shares of DHI Group (DHX) opened at $1.75 on Wednesday. The stock has a market capitalization of $90.44, a PE ratio of 6.92 and a beta of 0.83. The company has a current ratio of 0.60, a quick ratio of 0.60 and a debt-to-equity ratio of 0.58. DHI Group has a 12-month low of $1.60 and a 12-month high of $5.90.

Several hedge funds and other institutional investors have recently made changes to their positions in DHX. Alliancebernstein L.P. raised its holdings in shares of DHI Group by 148.1% during the 2nd quarter. Alliancebernstein L.P. now owns 38,300 shares of the technology company’s stock valued at $109,000 after buying an additional 22,860 shares in the last quarter. Dynamic Technology Lab Private Ltd purchased a new position in shares of DHI Group during the 2nd quarter valued at about $112,000. Citadel Advisors LLC purchased a new position in shares of DHI Group during the 2nd quarter valued at about $117,000. Brandes Investment Partners LP purchased a new position in shares of DHI Group during the 3rd quarter valued at about $125,000. Finally, Tudor Investment Corp ET AL raised its holdings in shares of DHI Group by 4.1% during the 2nd quarter. Tudor Investment Corp ET AL now owns 78,650 shares of the technology company’s stock valued at $224,000 after buying an additional 3,074 shares in the last quarter. 81.41% of the stock is currently owned by institutional investors.

A number of brokerages have recently issued reports on DHX. Zacks Investment Research downgraded DHI Group from a “hold” rating to a “sell” rating in a research report on Monday. ValuEngine downgraded DHI Group from a “buy” rating to a “hold” rating in a research report on Sunday, December 31st. Finally, B. Riley reiterated a “hold” rating and set a $3.00 price target on shares of DHI Group in a research report on Friday, October 27th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $6.25.

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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.

Earnings History for DHI Group (NYSE:DHX)

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