Shares of DHI Group, Inc. (NYSE:DHX) have been given a consensus recommendation of “Hold” by the seven brokerages that are currently covering the firm. One investment analyst has rated the stock with a sell recommendation, three have given a hold recommendation and two have given a buy recommendation to the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is $8.38.
DHX has been the topic of several research reports. Zacks Investment Research lowered DHI Group from a “hold” rating to a “sell” rating in a research note on Wednesday, October 19th. TheStreet lowered DHI Group from a “hold” rating to a “sell” rating in a research note on Wednesday, November 2nd. Canaccord Genuity restated a “buy” rating and set a $11.00 price target on shares of DHI Group in a research note on Tuesday, February 7th. Finally, B. Riley restated a “neutral” rating and set a $7.25 price target on shares of DHI Group in a research note on Tuesday, October 18th.
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Shares of DHI Group (NYSE:DHX) opened at 5.05 on Friday. The firm’s 50-day moving average price is $5.78 and its 200 day moving average price is $6.62. DHI Group has a 52 week low of $4.60 and a 52 week high of $8.43. The company’s market cap is $239.59 million.
DHI Group (NYSE:DHX) last posted its quarterly earnings data on Tuesday, February 7th. The company reported $0.11 earnings per share for the quarter, topping the consensus estimate of $0.10 by $0.01. DHI Group had a positive return on equity of 16.44% and a negative net margin of 2.38%. The business earned $54.90 million during the quarter, compared to analysts’ expectations of $54.69 million. During the same quarter in the previous year, the firm earned $0.12 EPS. The firm’s revenue was down 15.6% compared to the same quarter last year. On average, equities analysts predict that DHI Group will post $0.27 EPS for the current fiscal year.
In other news, VP Brian P. Campbell sold 28,473 shares of the company’s stock in a transaction that occurred on Thursday, January 5th. The stock was sold at an average price of $6.28, for a total value of $178,810.44. Following the sale, the vice president now directly owns 110,901 shares in the company, valued at approximately $696,458.28. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider James Edward Bennett sold 4,295 shares of the company’s stock in a transaction that occurred on Wednesday, January 18th. The shares were sold at an average price of $6.22, for a total value of $26,714.90. Following the completion of the sale, the insider now owns 133,590 shares in the company, valued at $830,929.80. The disclosure for this sale can be found here. Over the last quarter, insiders sold 66,188 shares of company stock worth $415,102. Corporate insiders own 7.20% of the company’s stock.
A number of large investors have recently added to or reduced their stakes in DHX. California Public Employees Retirement System raised its stake in DHI Group by 9.0% in the third quarter. California Public Employees Retirement System now owns 155,300 shares of the company’s stock worth $1,225,000 after buying an additional 12,800 shares during the period. Algert Global LLC raised its stake in DHI Group by 87.4% in the third quarter. Algert Global LLC now owns 193,780 shares of the company’s stock worth $1,529,000 after buying an additional 90,348 shares during the period. Royal Bank of Canada raised its stake in DHI Group by 5.6% in the second quarter. Royal Bank of Canada now owns 47,022 shares of the company’s stock worth $293,000 after buying an additional 2,500 shares during the period. Schwab Charles Investment Management Inc. raised its stake in DHI Group by 4.5% in the second quarter. Schwab Charles Investment Management Inc. now owns 485,425 shares of the company’s stock worth $3,025,000 after buying an additional 21,014 shares during the period. Finally, Wedge Capital Management L L P NC raised its stake in DHI Group by 20.4% in the second quarter. Wedge Capital Management L L P NC now owns 228,500 shares of the company’s stock worth $1,424,000 after buying an additional 38,700 shares during the period. Institutional investors and hedge funds own 88.88% of the company’s stock.
DHI Group Company Profile
DHI Group, Inc formerly Dice Holdings, Inc is a provider of specialized Websites focused on select professional communities. The Company’s segments include Tech & Clearance, Finance, Energy, Healthcare and Hospitality. Its online communities enable professionals to manage their careers by finding relevant job opportunities and by building their knowledge through original and community-shared content.
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