DHI Group, Inc. (DHX) Hits New 12-Month Low at $2.10
DHI Group, Inc. (NYSE:DHX)’s share price reached a new 52-week low on Thursday . The stock traded as low as $2.10 and last traded at $2.10, with a volume of 372,775 shares changing hands. The stock had previously closed at $2.30.
Several research firms recently weighed in on DHX. B. Riley reiterated a “neutral” rating and set a $3.00 target price on shares of DHI Group in a research report on Friday, July 28th. Cantor Fitzgerald reissued a “hold” rating and set a $4.00 price target on shares of DHI Group in a report on Friday, July 28th. Zacks Investment Research cut DHI Group from a “hold” rating to a “sell” rating in a report on Tuesday, August 1st. ValuEngine cut DHI Group from a “buy” rating to a “hold” rating in a report on Friday, June 2nd. Finally, Scotiabank reissued a “sector perform” rating and set a $7.00 price target on shares of DHI Group in a report on Thursday, May 11th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the company. DHI Group currently has a consensus rating of “Hold” and an average price target of $6.25.
The firm’s market cap is $105.86 million. The company’s 50 day moving average price is $2.62 and its 200-day moving average price is $3.73.
DHI Group (NYSE:DHX) last posted its earnings results on Thursday, July 27th. The technology company reported $0.04 earnings per share (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 firm had revenue of $52.40 million for the quarter, compared to analysts’ expectations of $52.93 million. During the same period in the previous year, the company earned $0.10 earnings per share. The company’s revenue was down 9.2% compared to the same quarter last year. Equities analysts predict that DHI Group, Inc. will post $0.19 EPS for the current year.
Several large investors have recently bought and sold shares of the company. Arizona State Retirement System raised its stake 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 valued at $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 in 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 in 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 in the last quarter. Finally, Trexquant Investment LP bought a new position in shares of DHI Group during the first quarter worth $124,000. 81.23% of the stock is currently owned by institutional investors and hedge funds.
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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.
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