Zacks Investment Research upgraded shares of DHI Group (NYSE:DHX) from a hold rating to a strong-buy rating in a research report report published on Monday, May 7th. The brokerage currently has $1.50 price objective on the technology company’s stock.
According to Zacks, “DHI Group, Inc. offer specialized websites which focused on select professional communities. The Company’s operating segment consists of Tech & Clearance, Finance, Energy, Healthcare, Hospitality and Corporate & Other. Tech & Clearance segment consists of the Dice.com, ClearanceJobs.com and The IT Job Board services as well as related career fairs. Finance segment represents the eFinancialCareers service. Energy reporting segment provides the Rigzone service and related career fairs. Healthcare segment includes HEALTHeCAREERS, Health Callings and BioSpace. Hospitality segment includes Hcareers and the Corporate. Other reporting segment consists of Slashdot Media, WorkDigital and corporate-related costs. DHI Group, Inc., formerly known as Dice Holdings, Inc., is headquartered in New York. “
Several other equities research analysts also recently weighed in on the stock. ValuEngine raised shares of DHI Group from a hold rating to a buy rating in a research note on Wednesday, March 7th. B. Riley cut their price target on shares of DHI Group from $2.75 to $2.00 and set a neutral rating on the stock in a report on Thursday, February 8th.
Shares of DHX opened at $1.90 on Monday. DHI Group has a twelve month low of $1.73 and a twelve month high of $1.75. The firm has a market capitalization of $87.90 million, a PE ratio of 10.63 and a beta of 0.84. The company has a current ratio of 0.53, a quick ratio of 0.53 and a debt-to-equity ratio of 0.26.
DHI Group (NYSE:DHX) last announced its earnings results on Tuesday, May 8th. The technology company reported $0.02 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.05 by ($0.03). DHI Group had a net margin of 9.12% and a return on equity of 5.87%. The firm had revenue of $43.07 million during the quarter, compared to analysts’ expectations of $42.89 million. During the same period in the prior year, the company posted $0.04 EPS. equities research analysts predict that DHI Group will post 0.17 earnings per share for the current year.
DHI Group declared that its board has approved a share buyback program on Tuesday, May 8th that authorizes the company to repurchase $7.00 million in outstanding shares. This repurchase authorization authorizes the technology company to purchase up to 10.3% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company’s management believes its stock is undervalued.
Several hedge funds and other institutional investors have recently bought and sold shares of the company. BlackRock Inc. grew its holdings in shares of DHI Group by 1.6% in the first quarter. BlackRock Inc. now owns 6,402,806 shares of the technology company’s stock worth $10,244,000 after purchasing an additional 99,772 shares during the last quarter. Renaissance Technologies LLC grew its holdings in shares of DHI Group by 8.0% in the fourth quarter. Renaissance Technologies LLC now owns 1,757,500 shares of the technology company’s stock worth $3,339,000 after purchasing an additional 130,900 shares during the last quarter. Guggenheim Capital LLC grew its holdings in shares of DHI Group by 6,868.5% in the fourth quarter. Guggenheim Capital LLC now owns 1,742,471 shares of the technology company’s stock worth $3,311,000 after purchasing an additional 1,717,466 shares during the last quarter. Systematic Financial Management LP grew its holdings in shares of DHI Group by 18.7% in the fourth quarter. Systematic Financial Management LP now owns 611,957 shares of the technology company’s stock worth $1,163,000 after purchasing an additional 96,270 shares during the last quarter. Finally, Millennium Management LLC grew its holdings in shares of DHI Group by 36.1% in the fourth quarter. Millennium Management LLC now owns 552,880 shares of the technology company’s stock worth $1,050,000 after purchasing an additional 146,671 shares during the last quarter. Hedge funds and other institutional investors own 85.65% of the company’s stock.
DHI Group Company Profile
DHI Group, Inc provides data, insights, and connections services to professional communities in the United States and internationally. The company operates Dice that offers job postings of technology and non-technology companies for industries, such as positions for software engineers, big data professionals, systems administrators, database specialists, project managers, and other technology and engineering professionals; and ClearanceJobs, an Internet-based career network, which matches security-cleared professionals with hiring companies searching for employees.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for DHI Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DHI Group and related companies with MarketBeat.com's FREE daily email newsletter.