DHI Group, Inc. (DHX) Downgraded to Hold at ValuEngine

ValuEngine cut shares of DHI Group, Inc. (NYSE:DHX) from a buy rating to a hold rating in a research note issued to investors on Friday.

DHX has been the topic of a number of other research reports. Zacks Investment Research raised DHI Group from a sell rating to a hold rating in a research report on Tuesday, July 11th. Cantor Fitzgerald reaffirmed a hold rating and set a $4.00 price target on shares of DHI Group in a research report on Friday, July 28th. Scotiabank reaffirmed a sector perform rating and set a $7.00 price target on shares of DHI Group in a research report on Thursday, May 11th. Finally, B. Riley reaffirmed a neutral rating and set a $3.00 price target on shares of DHI Group in a research report on Wednesday, August 2nd. One research analyst has rated the stock with a sell rating, five have given a hold rating and one has issued a buy rating to the stock. The company currently has an average rating of Hold and a consensus price target of $6.25.

Shares of DHI Group (DHX) traded up 7.69% during trading on Friday, hitting $2.10. The stock had a trading volume of 210,638 shares. The firm has a 50 day moving average of $2.24 and a 200 day moving average of $3.31. DHI Group has a 1-year low of $1.75 and a 1-year high of $8.43. The company’s market capitalization is $105.86 million.

DHI Group (NYSE:DHX) last released its quarterly earnings results on Thursday, July 27th. The technology company reported $0.04 EPS for the quarter, missing the Zacks’ consensus estimate of $0.06 by $0.02. The business had revenue of $52.40 million for the quarter, compared to analyst estimates of $52.93 million. DHI Group had a positive return on equity of 13.19% and a negative net margin of 3.80%. The company’s revenue for the quarter was down 9.2% compared to the same quarter last year. During the same period in the prior year, the business earned $0.10 EPS. Analysts expect that DHI Group will post $0.19 EPS for the current fiscal year.

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A number of large investors have recently made changes to their positions in DHX. Dynamic Technology Lab Private Ltd purchased a new stake in shares of DHI Group during the second quarter worth about $112,000. Arrowstreet Capital Limited Partnership raised its stake in shares of DHI Group by 119.3% in the second quarter. Arrowstreet Capital Limited Partnership now owns 148,721 shares of the technology company’s stock worth $424,000 after buying an additional 80,900 shares in the last quarter. State Street Corp raised its stake in shares of DHI Group by 5.8% in the second quarter. State Street Corp now owns 1,382,818 shares of the technology company’s stock worth $3,941,000 after buying an additional 75,284 shares in the last quarter. Cornerstone Capital Management Holdings LLC. raised its stake in shares of DHI Group by 6.5% in the second quarter. Cornerstone Capital Management Holdings LLC. now owns 292,346 shares of the technology company’s stock worth $832,000 after buying an additional 17,900 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its stake in shares of DHI Group by 27.5% in the second quarter. Goldman Sachs Group Inc. now owns 886,469 shares of the technology company’s stock worth $2,527,000 after buying an additional 191,247 shares in the last quarter. 84.59% of the stock is currently owned by institutional investors and hedge funds.

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.

Analyst Recommendations for DHI Group (NYSE:DHX)

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