B. Riley Brokers Decrease Earnings Estimates for DHI Group, Inc. (NYSE:DHX)

DHI Group, Inc. (NYSE:DHX) – Investment analysts at B. Riley cut their Q4 2023 earnings per share (EPS) estimates for shares of DHI Group in a research note issued on Thursday, November 2nd. B. Riley analyst Z. Cummins now forecasts that the technology company will post earnings per share of $0.01 for the quarter, down from their previous forecast of $0.02. The consensus estimate for DHI Group’s current full-year earnings is $0.06 per share. B. Riley also issued estimates for DHI Group’s Q3 2024 earnings at $0.01 EPS and FY2025 earnings at $0.07 EPS.

DHI Group (NYSE:DHX) last announced its earnings results on Wednesday, August 2nd. The technology company reported $0.02 EPS for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.03. The firm had revenue of $38.54 million during the quarter, compared to analysts’ expectations of $38.79 million. DHI Group had a return on equity of 2.63% and a net margin of 2.39%.

A number of other research firms have also recently issued reports on DHX. StockNews.com cut DHI Group from a “strong-buy” rating to a “buy” rating in a report on Friday. Barrington Research reaffirmed an “outperform” rating and set a $10.00 target price on shares of DHI Group in a research report on Friday, July 28th.

DHI Group Price Performance

DHX opened at $2.63 on Friday. The business has a fifty day moving average of $3.05 and a 200 day moving average of $3.49. DHI Group has a 52-week low of $2.57 and a 52-week high of $6.31. The company has a quick ratio of 0.40, a current ratio of 0.40 and a debt-to-equity ratio of 0.43. The stock has a market cap of $124.50 million, a P/E ratio of 32.88, a PEG ratio of 1.82 and a beta of 1.21.

Institutional Trading of DHI Group

Hedge funds have recently modified their holdings of the stock. JPMorgan Chase & Co. raised its holdings in DHI Group by 394.0% in the 1st quarter. JPMorgan Chase & Co. now owns 59,564 shares of the technology company’s stock worth $354,000 after purchasing an additional 47,506 shares during the period. Citigroup Inc. acquired a new position in DHI Group in the 1st quarter worth about $328,000. BlackRock Inc. raised its holdings in DHI Group by 6.0% in the 1st quarter. BlackRock Inc. now owns 799,582 shares of the technology company’s stock worth $4,757,000 after purchasing an additional 45,192 shares during the period. Dimensional Fund Advisors LP raised its holdings in DHI Group by 1.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 3,750,901 shares of the technology company’s stock worth $22,318,000 after purchasing an additional 35,706 shares during the period. Finally, Vanguard Group Inc. raised its holdings in DHI Group by 8.1% in the 1st quarter. Vanguard Group Inc. now owns 2,169,952 shares of the technology company’s stock worth $12,911,000 after purchasing an additional 163,094 shares during the period. Hedge funds and other institutional investors own 70.77% of the company’s stock.

DHI Group Company Profile

DHI Group, Inc provides data, insights, and employment connections through specialized services for technology professionals in the United States. The company operates Dice that offers job postings of technology and non-technology companies for industries, such as positions for software engineers, big data professionals, systems administrators, database specialists, project managers, and other technology and engineering professionals; and ClearanceJobs, an online career network, which matches security-cleared professionals with hiring companies searching for employees.