Zacks Investment Research upgraded shares of DHI Group, Inc. (NYSE:DHX) from a sell rating to a hold rating in a report released 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 analysts also recently issued reports on the stock. Scotiabank reaffirmed a sector perform rating and set a $7.00 price target on shares of DHI Group in a report on Thursday, May 11th. Cantor Fitzgerald reaffirmed a neutral rating and set a $6.00 price target on shares of DHI Group in a report on Monday, April 10th. ValuEngine downgraded shares of DHI Group from a buy rating to a hold rating in a report on Friday, June 2nd. TheStreet downgraded shares of DHI Group from a c- rating to a d+ rating in a report on Monday, March 27th. Finally, B. Riley reaffirmed a neutral rating and set a $4.10 price target on shares of DHI Group in a report on Saturday, May 6th. Five analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The stock has a consensus rating of Hold and a consensus price target of $7.03.
Shares of DHI Group (NYSE DHX) remained flat at $2.75 during mid-day trading on Tuesday. The stock had a trading volume of 180,380 shares. The firm has a 50-day moving average of $2.85 and a 200 day moving average of $4.45. The stock’s market cap is $139.11 million. DHI Group has a 52 week low of $2.40 and a 52 week high of $8.43.
DHI Group (NYSE:DHX) last announced its quarterly 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. The company had revenue of $52.20 million for the quarter, compared to analysts’ expectations of $53.68 million. DHI Group had a negative net margin of 2.34% and a positive return on equity of 15.79%. The business’s revenue was down 9.2% compared to the same quarter last year. During the same period in the previous year, the business earned $0.07 EPS. On average, equities analysts forecast that DHI Group will post $0.23 earnings per share for the current year.
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Several institutional investors have recently modified their holdings of the company. Oxford Asset Management boosted its position in shares of DHI Group by 48.9% in the first quarter. Oxford Asset Management now owns 499,162 shares of the technology company’s stock valued at $1,972,000 after buying an additional 164,013 shares during the period. Morgan Stanley boosted its position in shares of DHI Group by 43.8% in the first quarter. Morgan Stanley now owns 384,208 shares of the technology company’s stock valued at $1,518,000 after buying an additional 116,960 shares during the period. Geode Capital Management LLC boosted its position in shares of DHI Group by 21.7% in the first quarter. Geode Capital Management LLC now owns 606,441 shares of the technology company’s stock valued at $2,394,000 after buying an additional 107,974 shares during the period. Renaissance Technologies LLC boosted its position in shares of DHI Group by 10.0% in the fourth quarter. Renaissance Technologies LLC now owns 1,187,900 shares of the technology company’s stock valued at $7,424,000 after buying an additional 107,500 shares during the period. Finally, State Street Corp boosted its position in shares of DHI Group by 7.6% in the fourth quarter. State Street Corp now owns 1,266,294 shares of the technology company’s stock valued at $7,917,000 after buying an additional 89,979 shares during the period. Hedge funds and other institutional investors own 83.49% of the company’s stock.
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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