DHI Group (DHX) Given New $2.00 Price Target at B. Riley

DHI Group (NYSE:DHX) had its target price reduced by B. Riley from $2.75 to $2.00 in a report released on Thursday, Marketbeat reports. The brokerage currently has a “neutral” rating on the technology company’s stock. B. Riley’s target price would indicate a potential upside of 25.00% from the stock’s current price. B. Riley also issued estimates for DHI Group’s Q1 2018 earnings at $0.04 EPS, Q2 2018 earnings at $0.05 EPS, Q2 2018 earnings at $0.04 EPS, Q3 2018 earnings at $0.05 EPS, Q4 2018 earnings at $0.05 EPS, FY2018 earnings at $0.17 EPS and FY2019 earnings at $0.13 EPS.

A number of other brokerages also recently issued reports on DHX. ValuEngine downgraded DHI Group from a “buy” rating to a “hold” rating in a research report on Sunday, December 31st. Zacks Investment Research lowered DHI Group from a “hold” rating to a “sell” rating in a research note on Wednesday, December 20th. One equities research analyst has rated the stock with a sell rating and four have given a hold rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $4.33.

Shares of DHI Group (NYSE:DHX) traded down $0.10 during midday trading on Thursday, reaching $1.60. 1,130,000 shares of the company traded hands, compared to its average volume of 309,899. The company has a market capitalization of $80.39, a price-to-earnings ratio of 7.62 and a beta of 0.83. DHI Group has a fifty-two week low of $1.50 and a fifty-two week high of $5.45. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.60 and a current ratio of 0.55.

DHI Group (NYSE:DHX) last announced its earnings results on Wednesday, February 7th. The technology company reported $0.06 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.04 by $0.02. DHI Group had a net margin of 7.68% and a return on equity of 8.61%. The company had revenue of $50.90 million during the quarter, compared to the consensus estimate of $49.25 million. During the same quarter in the prior year, the company posted $0.11 earnings per share. The firm’s revenue for the quarter was down 7.3% on a year-over-year basis. equities analysts anticipate that DHI Group will post 0.19 EPS for the current year.

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Alliancebernstein L.P. boosted its position in shares of DHI Group by 148.1% in the second quarter. Alliancebernstein L.P. now owns 38,300 shares of the technology company’s stock valued at $109,000 after acquiring an additional 22,860 shares during the period. Dynamic Technology Lab Private Ltd bought a new position in DHI Group during the 2nd quarter valued at about $112,000. Citadel Advisors LLC bought a new position in DHI Group during the 2nd quarter valued at about $117,000. Brandes Investment Partners LP bought a new position in DHI Group during the 3rd quarter valued at about $125,000. Finally, Tower Research Capital LLC TRC bought a new position in DHI Group during the 4th quarter valued at about $100,000. 81.41% of the stock is currently owned by hedge funds and other institutional investors.

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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.

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