DHI Group, Inc. (NYSE:DHX) was upgraded by investment analysts at ValuEngine from a “hold” rating to a “buy” rating in a research report issued on Thursday.
DHX has been the subject of a number of other reports. Zacks Investment Research downgraded shares of DHI Group from a “hold” rating to a “sell” rating in a report on Tuesday, May 30th. Cantor Fitzgerald restated a “neutral” rating and issued a $6.00 target price on shares of DHI Group in a report on Monday, April 10th. TheStreet downgraded shares of DHI Group from a “c-” rating to a “d+” rating in a report on Monday, March 27th. B. Riley restated a “neutral” rating and issued a $4.50 target price on shares of DHI Group in a report on Monday, May 1st. Finally, Scotiabank restated a “sector perform” rating and issued a $7.00 target price on shares of DHI Group in a report on Thursday, May 11th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $7.03.
DHI Group (NYSE:DHX) opened at 2.55 on Thursday. The stock has a 50 day moving average of $2.85 and a 200 day moving average of $4.45. The firm’s market capitalization is $128.99 million. DHI Group has a one year low of $2.50 and a one year high of $8.43.
DHI Group (NYSE:DHX) last released its earnings results on Wednesday, May 3rd. The technology company reported $0.04 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.06 by $0.02. DHI Group had a negative net margin of 2.34% and a positive return on equity of 15.79%. The company had revenue of $52.20 million during the quarter, compared to analysts’ expectations of $53.68 million. During the same quarter in the previous year, the firm posted $0.07 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 $0.23 earnings per share for the current year.
A number of hedge funds and other institutional investors have recently made changes to their positions in DHX. Arizona State Retirement System boosted its position in DHI Group by 0.8% in the first quarter. Arizona State Retirement System now owns 25,861 shares of the technology company’s stock worth $102,000 after buying an additional 200 shares during the last quarter. Thrivent Financial For Lutherans boosted its position in DHI Group by 3.9% in the first quarter. Thrivent Financial For Lutherans now owns 27,900 shares of the technology company’s stock worth $110,000 after buying an additional 1,040 shares during the last quarter. Trexquant Investment LP purchased a new position in DHI Group during the first quarter worth approximately $124,000. AXA purchased a new position in DHI Group during the first quarter worth approximately $126,000. Finally, Metropolitan Life Insurance Co. NY boosted its position in DHI Group by 14.6% in the first quarter. Metropolitan Life Insurance Co. NY now owns 33,113 shares of the technology company’s stock worth $131,000 after buying an additional 4,225 shares during the last quarter. 83.56% of the stock is currently owned by hedge funds and other institutional investors.
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.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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