DHI Group (NYSE:DHX) Releases Earnings Results, Beats Estimates By $0.02 EPS

DHI Group (NYSE:DHX) issued its earnings results on Wednesday. The technology company reported $0.05 earnings per share for the quarter, beating the consensus estimate of $0.03 by $0.02, RTT News reports. DHI Group had a return on equity of 3.78% and a net margin of 2.30%. The company had revenue of $36.03 million during the quarter, compared to analysts’ expectations of $35.97 million. During the same period in the prior year, the business posted $0.01 EPS.

DHI Group Stock Down 9.8 %

Shares of DHX traded down $0.27 during mid-day trading on Thursday, reaching $2.48. The company had a trading volume of 332,297 shares, compared to its average volume of 203,002. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.45 and a current ratio of 0.45. The firm has a 50-day moving average price of $2.53 and a 200 day moving average price of $2.49. DHI Group has a 52 week low of $1.97 and a 52 week high of $4.22. The company has a market capitalization of $119.12 million, a price-to-earnings ratio of 34.38 and a beta of 0.97.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on DHX shares. StockNews.com cut shares of DHI Group from a “strong-buy” rating to a “buy” rating in a research report on Friday, March 22nd. Barrington Research reiterated an “outperform” rating and issued a $7.00 price target on shares of DHI Group in a report on Monday.

About DHI Group

DHI Group, Inc provides data, insights, and employment connections through specialized services for technology professionals and other select online communities in the United States. Its solutions include talent profiles; job postings; employer branding; and other services comprising virtual and live career events, sourcing services, and content and data services that provides tailored content to help professionals manage their careers and provide employers insight into recruiting strategies and trends.