Zacks Investment Research cut shares of DHI Group (NYSE:DHX) from a hold rating to a sell rating in a research report sent to investors on Monday, February 5th.
According to Zacks, “DHI Group, Inc. offer specialized websites which focused on select professional communities. The Company’s operating segment consists of Tech & Clearance, Finance, Energy, Healthcare, Hospitality and Corporate & Other. Tech & Clearance segment consists of the Dice.com, ClearanceJobs.com and The IT Job Board services as well as related career fairs. Finance segment represents the eFinancialCareers service. Energy reporting segment provides the Rigzone service and related career fairs. Healthcare segment includes HEALTHeCAREERS, Health Callings and BioSpace. Hospitality segment includes Hcareers and the Corporate. Other reporting segment consists of Slashdot Media, WorkDigital and corporate-related costs. DHI Group, Inc., formerly known as Dice Holdings, Inc., is headquartered in New York. “
A number of other research firms also recently issued reports on DHX. B. Riley reiterated a hold rating and set a $3.00 price objective on shares of DHI Group in a research note on Friday, October 27th. ValuEngine downgraded shares of DHI Group from a buy rating to a hold rating in a research note on Sunday, December 31st. One analyst has rated the stock with a sell rating and four have issued a hold rating to the company’s stock. DHI Group presently has a consensus rating of Hold and a consensus target price of $4.33.
Shares of DHI Group (NYSE DHX) traded up $0.05 during trading hours on Monday, hitting $1.80. 134,936 shares of the stock were exchanged, compared to its average volume of 323,137. The stock has a market capitalization of $80.39, a price-to-earnings ratio of 5.45 and a beta of 0.83. DHI Group has a fifty-two week low of $1.50 and a fifty-two week high of $5.45. The company has a current ratio of 0.55, a quick ratio of 0.60 and a debt-to-equity ratio of 0.31.
DHI Group (NYSE:DHX) last issued its earnings results on Wednesday, February 7th. The technology company reported $0.06 EPS for the quarter, topping the Zacks’ consensus estimate of $0.04 by $0.02. DHI Group had a net margin of 7.68% and a return on equity of 8.61%. The business had revenue of $50.90 million for the quarter, compared to analyst estimates of $49.25 million. During the same period last year, the company posted $0.11 earnings per share. The company’s quarterly revenue was down 7.3% compared to the same quarter last year. sell-side analysts expect that DHI Group will post 0.19 EPS for the current fiscal year.
A number of institutional investors and hedge funds have recently made changes to their positions in DHX. Macquarie Group Ltd. purchased a new position in shares of DHI Group during the third quarter worth $828,000. Dimensional Fund Advisors LP increased its holdings in DHI Group by 6.4% in the second quarter. Dimensional Fund Advisors LP now owns 3,567,505 shares of the technology company’s stock valued at $10,167,000 after buying an additional 214,998 shares in the last quarter. Crossmark Global Holdings Inc. increased its holdings in DHI Group by 1,867.5% in the fourth quarter. Crossmark Global Holdings Inc. now owns 216,430 shares of the technology company’s stock valued at $411,000 after buying an additional 205,430 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in DHI Group by 27.5% in the second quarter. Goldman Sachs Group Inc. now owns 886,469 shares of the technology company’s stock valued at $2,527,000 after buying an additional 191,247 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its stake in shares of DHI Group by 34.4% during the second quarter. Ameriprise Financial Inc. now owns 584,381 shares of the technology company’s stock worth $1,665,000 after purchasing an additional 149,453 shares in the last quarter. Institutional investors own 81.37% of the company’s stock.
WARNING: This news story was originally published by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are viewing this news story on another publication, it was illegally copied and republished in violation of U.S. & international copyright and trademark law. The original version of this news story can be read at https://www.dispatchtribunal.com/2018/02/13/dhi-group-dhx-downgraded-by-zacks-investment-research-to-sell.html.
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.
Get a free copy of the Zacks research report on DHI Group (DHX)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for DHI Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DHI Group and related companies with MarketBeat.com's FREE daily email newsletter.