Zacks Investment Research Upgrades DHI Group, Inc. (DHX) to Hold
Zacks Investment Research upgraded shares of DHI Group, Inc. (NYSE:DHX) from a sell rating to a hold rating in a research report sent to investors on Tuesday, July 11th.
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 research analysts have also recently issued reports on DHX. ValuEngine cut shares of DHI Group from a buy rating to a hold rating in a report on Friday, June 2nd. Scotiabank reaffirmed a sector perform rating and issued a $7.00 target price on shares of DHI Group in a report on Thursday, May 11th. Cantor Fitzgerald reaffirmed a neutral rating and issued a $6.00 target price on shares of DHI Group in a report on Monday, April 10th. TheStreet cut shares of DHI Group from a c- rating to a d+ rating in a report on Monday, March 27th. Finally, B. Riley reissued a neutral rating and issued a $4.10 price target on shares of DHI Group in a report on Saturday, May 6th. One analyst has rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the company. DHI Group currently has a consensus rating of Hold and a consensus price target of $6.25.
Shares of DHI Group (NYSE DHX) opened at 2.30 on Tuesday. DHI Group has a 1-year low of $2.15 and a 1-year high of $8.43. The company has a 50 day moving average price of $2.67 and a 200-day moving average price of $3.86. The stock’s market capitalization is $115.94 million.
DHI Group (NYSE:DHX) last issued its quarterly earnings results on Thursday, July 27th. The technology company reported $0.04 EPS for the quarter, missing the consensus estimate 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 business had revenue of $52.40 million for the quarter, compared to the consensus estimate of $52.93 million. During the same period last year, the firm earned $0.10 earnings per share. The company’s quarterly revenue was down 9.2% compared to the same quarter last year. On average, equities research analysts forecast that DHI Group will post $0.19 EPS for the current fiscal year.
Several hedge funds and other institutional investors have recently made changes to their positions in DHX. Arizona State Retirement System raised its position in shares of 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 raised its position in shares of DHI Group by 4.8% in the fourth quarter. Thrivent Financial for Lutherans now owns 26,860 shares of the technology company’s stock worth $168,000 after buying an additional 1,220 shares during the last quarter. Thrivent Financial For Lutherans raised its position in shares of 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. Metropolitan Life Insurance Co. NY raised its position in shares of DHI Group by 1.1% in the fourth quarter. Metropolitan Life Insurance Co. NY now owns 28,888 shares of the technology company’s stock worth $181,000 after buying an additional 327 shares during the last quarter. Finally, Trexquant Investment LP acquired a new position in shares of DHI Group during the first quarter worth about $124,000. Hedge funds and other institutional investors own 80.63% 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.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Stock Ratings for DHI Group Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DHI Group Inc. and related stocks with our FREE daily email newsletter.