DHI Group, Inc. (DHX) Downgraded by Zacks Investment Research
Zacks Investment Research cut shares of DHI Group, Inc. (NYSE:DHX) from a hold rating to a sell rating in a research report report published on Tuesday morning.
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. “
A number of other equities analysts have also weighed in on the company. ValuEngine raised DHI Group from a hold rating to a buy rating in a research report on Thursday, July 6th. Cantor Fitzgerald reaffirmed a hold rating and set a $4.00 target price on shares of DHI Group in a research report on Friday, July 28th. Finally, B. Riley reaffirmed a neutral rating and set a $3.00 target price on shares of DHI Group in a research report on Wednesday, August 2nd. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and one has issued a buy rating to the company’s stock. The stock currently has an average rating of Hold and an average target price of $6.25.
Shares of DHI Group (NYSE DHX) remained flat at $2.45 during mid-day trading on Tuesday. The company had a trading volume of 148,066 shares. DHI Group has a 52 week low of $1.75 and a 52 week high of $8.43. The company’s 50 day moving average price is $2.14 and its 200 day moving average price is $2.88. The firm’s market cap is $123.50 million.
DHI Group (NYSE:DHX) last issued its earnings results on Thursday, July 27th. The technology company reported $0.04 earnings per share for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.02). DHI Group had a positive return on equity of 13.19% and a negative net margin of 3.80%. The firm had revenue of $52.40 million for the quarter, compared to analyst estimates of $52.93 million. During the same period in the previous year, the company earned $0.10 earnings per share. DHI Group’s revenue for the quarter was down 9.2% compared to the same quarter last year. Analysts forecast that DHI Group will post $0.19 earnings per share for the current year.
Several large investors have recently modified their holdings of the company. Dimensional Fund Advisors LP raised its position in shares of DHI Group by 6.4% during the second quarter. Dimensional Fund Advisors LP now owns 3,567,505 shares of the technology company’s stock worth $10,167,000 after purchasing an additional 214,998 shares during the period. State Street Corp raised its position in DHI Group by 5.8% in the 2nd quarter. State Street Corp now owns 1,382,818 shares of the technology company’s stock valued at $3,941,000 after buying an additional 75,284 shares during the last quarter. AJO LP raised its position in DHI Group by 19.0% in the 2nd quarter. AJO LP now owns 1,295,379 shares of the technology company’s stock valued at $3,692,000 after buying an additional 206,702 shares during the last quarter. Renaissance Technologies LLC raised its position in DHI Group by 2.3% in the 1st quarter. Renaissance Technologies LLC now owns 1,214,800 shares of the technology company’s stock valued at $4,798,000 after buying an additional 26,900 shares during the last quarter. Finally, Goldman Sachs Group Inc. raised its position in DHI Group by 27.5% in the 2nd quarter. Goldman Sachs Group Inc. now owns 886,469 shares of the technology company’s stock valued at $2,527,000 after buying an additional 191,247 shares during the last quarter. 84.59% of the stock is currently owned by institutional investors.
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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