DHI Group Inc (DHX) Receives $6.25 Average Target Price from Brokerages
Shares of DHI Group Inc (NYSE:DHX) have earned an average rating of “Hold” from the eight ratings firms that are covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, five have issued a hold recommendation and one has given a buy recommendation to the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $6.25.
DHX has been the topic of a number of recent analyst reports. Zacks Investment Research lowered shares of DHI Group from a “hold” rating to a “sell” rating in a research note on Tuesday, May 30th. ValuEngine lowered shares of DHI Group from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. B. Riley restated a “neutral” rating and issued a $3.00 target price on shares of DHI Group in a research note on Friday, July 28th. Finally, Cantor Fitzgerald restated a “hold” rating and issued a $4.00 target price on shares of DHI Group in a research note on Friday, July 28th.
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Shares of DHI Group (NYSE DHX) remained flat at $2.00 during trading on Friday. The stock had a trading volume of 164,911 shares. DHI Group has a 52-week low of $1.75 and a 52-week high of $8.43. The firm has a 50 day moving average of $2.14 and a 200 day moving average of $3.17. The firm’s market cap is $100.82 million.
DHI Group (NYSE:DHX) last issued its earnings results on Thursday, July 27th. The technology company reported $0.04 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.02). The company had revenue of $52.40 million during the quarter, compared to analyst estimates of $52.93 million. DHI Group had a net margin of 3.48% and a return on equity of 6.60%. The business’s revenue for the quarter was down 9.2% compared to the same quarter last year. During the same quarter last year, the company posted $0.10 EPS. Equities research analysts predict that DHI Group will post $0.19 EPS for the current year.
A number of institutional investors and hedge funds have recently added to or reduced their stakes in DHX. Dimensional Fund Advisors LP raised its stake in 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 acquiring an additional 214,998 shares during the period. AJO LP raised its stake in DHI Group by 19.0% during the second quarter. AJO LP now owns 1,295,379 shares of the technology company’s stock worth $3,692,000 after acquiring an additional 206,702 shares during the period. Goldman Sachs Group Inc. raised its stake in DHI Group by 27.5% during the second quarter. Goldman Sachs Group Inc. now owns 886,469 shares of the technology company’s stock worth $2,527,000 after acquiring an additional 191,247 shares during the period. Oxford Asset Management raised its stake in DHI Group by 48.9% during the first quarter. Oxford Asset Management now owns 499,162 shares of the technology company’s stock worth $1,972,000 after acquiring an additional 164,013 shares during the period. Finally, Systematic Financial Management LP raised its stake in DHI Group by 61.2% during the second quarter. Systematic Financial Management LP now owns 427,702 shares of the technology company’s stock worth $1,219,000 after acquiring an additional 162,455 shares during the period. Hedge funds and other institutional investors own 84.59% of the company’s stock.
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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