DHI Group (NYSE:DHX) had its target price dropped by investment analysts at B. Riley from $2.75 to $2.00 in a note issued to investors on Thursday, February 8th, MarketBeat reports. The firm currently has a “neutral” rating on the technology company’s stock. B. Riley’s price target points to a potential upside of 11.11% from the company’s previous close. 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.
Several other research analysts have also recently commented on DHX. Zacks Investment Research raised DHI Group from a “sell” rating to a “hold” rating in a research note on Tuesday, January 2nd. ValuEngine cut DHI Group from a “buy” rating to a “hold” rating in a research note on Sunday, December 31st. One analyst has rated the stock with a sell rating and four have given a hold rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $4.33.
DHI Group (NYSE DHX) traded up $0.15 during midday trading on Thursday, hitting $1.80. The stock had a trading volume of 282,747 shares, compared to its average volume of 332,249. The stock has a market capitalization of $90.44, a P/E ratio of 5.45 and a beta of 0.83. DHI Group has a 1-year low of $1.50 and a 1-year 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 posted its earnings results on Wednesday, February 7th. The technology company reported $0.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.04 by $0.02. DHI Group had a return on equity of 8.61% and a net margin of 7.68%. The company had revenue of $50.90 million during the quarter, compared to analysts’ expectations of $49.25 million. During the same quarter last year, the firm earned $0.11 earnings per share. The firm’s quarterly revenue was down 7.3% compared to the same quarter last year. research analysts forecast that DHI Group will post 0.19 EPS for the current fiscal year.
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in DHX. Prudential Financial Inc. grew its holdings in shares of DHI Group by 5.1% in the 2nd quarter. Prudential Financial Inc. now owns 103,443 shares of the technology company’s stock worth $295,000 after acquiring an additional 5,000 shares during the period. JPMorgan Chase & Co. grew its holdings in shares of DHI Group by 4.5% in the 2nd quarter. JPMorgan Chase & Co. now owns 326,225 shares of the technology company’s stock worth $930,000 after acquiring an additional 13,989 shares during the period. Wells Fargo & Company MN grew its holdings in shares of DHI Group by 4.0% in the 2nd quarter. Wells Fargo & Company MN now owns 120,597 shares of the technology company’s stock worth $344,000 after acquiring an additional 4,602 shares during the period. Alliancebernstein L.P. lifted its stake in DHI Group by 148.1% in 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. Finally, Teachers Advisors LLC lifted its stake in DHI Group by 7.6% in the 2nd quarter. Teachers Advisors LLC now owns 100,123 shares of the technology company’s stock valued at $285,000 after buying an additional 7,089 shares in the last quarter. Institutional investors own 81.37% of the company’s stock.
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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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