Zacks Investment Research Downgrades DHI Group, Inc. (DHX) to Sell
DHI Group, Inc. (NYSE:DHX) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research report issued on Tuesday.
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 research analysts have also recently weighed in on DHX. ValuEngine upgraded shares of DHI Group from a “hold” rating to a “buy” rating in a research report on Thursday, July 6th. B. Riley restated a “neutral” rating and issued a $3.00 price target on shares of DHI Group in a report on Friday, July 28th. Finally, Cantor Fitzgerald restated a “hold” rating and issued a $4.00 price target on shares of DHI Group in a report on Friday, July 28th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and one has assigned a buy rating to the company’s stock. DHI Group has an average rating of “Hold” and a consensus price target of $6.25.
Shares of DHI Group (NYSE DHX) traded up 1.020% during midday trading on Tuesday, reaching $2.475. 24,652 shares of the company’s stock were exchanged. DHI Group has a 12-month low of $1.75 and a 12-month high of $8.43. The stock’s 50 day moving average is $2.12 and its 200-day moving average is $2.88. The stock’s market cap is $124.76 million.
DHI Group (NYSE:DHX) last posted its quarterly earnings data on Thursday, July 27th. The technology company reported $0.04 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.06 by ($0.02). DHI Group had a negative net margin of 3.80% and a positive return on equity of 13.19%. The firm had revenue of $52.40 million for the quarter, compared to the consensus estimate of $52.93 million. During the same quarter last year, the firm earned $0.10 EPS. The company’s revenue was down 9.2% on a year-over-year basis. On average, equities analysts expect that DHI Group will post $0.19 EPS for the current year.
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Large investors have recently added to or reduced their stakes in the stock. Schwab Charles Investment Management Inc. lifted its stake in DHI Group by 2.0% in the first quarter. Schwab Charles Investment Management Inc. now owns 589,608 shares of the technology company’s stock worth $2,329,000 after acquiring an additional 11,457 shares during the period. Morgan Stanley lifted its stake in DHI Group by 43.8% in the first quarter. Morgan Stanley now owns 384,208 shares of the technology company’s stock worth $1,518,000 after acquiring an additional 116,960 shares during the period. Fisher Asset Management LLC lifted its stake in DHI Group by 31.7% in the second quarter. Fisher Asset Management LLC now owns 283,669 shares of the technology company’s stock worth $808,000 after acquiring an additional 68,344 shares during the period. Principal Financial Group Inc. lifted its stake in DHI Group by 6.4% in the first quarter. Principal Financial Group Inc. now owns 388,340 shares of the technology company’s stock worth $1,534,000 after acquiring an additional 23,275 shares during the period. Finally, Texas Permanent School Fund lifted its stake in DHI Group by 2.8% in the second quarter. Texas Permanent School Fund now owns 36,933 shares of the technology company’s stock worth $105,000 after acquiring an additional 1,006 shares during the period. 84.59% of the stock is owned by 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.
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