DHI Group (NYSE:DHX) released its quarterly earnings data on Wednesday, February 7th. The technology company reported $0.06 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.04 by $0.02, Morningstar.com reports. The company had revenue of $50.90 million during the quarter, compared to the consensus estimate of $49.25 million. DHI Group had a return on equity of 8.61% and a net margin of 7.68%. The firm’s revenue was down 7.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.11 earnings per share.
Shares of DHI Group (DHX) traded up $0.02 during trading on Wednesday, hitting $1.72. The stock had a trading volume of 49,000 shares, compared to its average volume of 320,369. DHI Group has a 1 year low of $1.50 and a 1 year high of $5.45. The stock has a market cap of $88.21, a price-to-earnings ratio of 8.33 and a beta of 0.83. The company has a current ratio of 0.55, a quick ratio of 0.60 and a debt-to-equity ratio of 0.31.
Institutional investors have recently made changes to their positions in the company. Tower Research Capital LLC TRC bought a new position in DHI Group in the 4th quarter worth about $100,000. Alliancebernstein L.P. boosted its stake in DHI Group by 148.1% in the 2nd quarter. Alliancebernstein L.P. now owns 38,300 shares of the technology company’s stock worth $109,000 after purchasing an additional 22,860 shares during the period. Virtu Financial LLC boosted its stake in DHI Group by 175.9% in the 4th quarter. Virtu Financial LLC now owns 58,002 shares of the technology company’s stock worth $111,000 after purchasing an additional 36,980 shares during the period. Dynamic Technology Lab Private Ltd bought a new stake in shares of DHI Group during the 2nd quarter valued at about $112,000. Finally, Citadel Advisors LLC bought a new stake in shares of DHI Group during the 2nd quarter valued at about $117,000. 81.37% of the stock is owned by hedge funds and other institutional investors.
A number of research firms have weighed in on DHX. B. Riley reissued a “hold” rating and set a $3.00 target price on shares of DHI Group in a research report on Friday, October 27th. Zacks Investment Research upgraded DHI Group from a “sell” rating to a “hold” rating in a report on Tuesday, January 2nd. Finally, ValuEngine cut DHI Group from a “buy” rating to a “hold” rating in a report on Sunday, December 31st. One research analyst has rated the stock with a sell rating and four have given a hold rating to the company. DHI Group presently has an average rating of “Hold” and an average price target of $4.33.
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About DHI Group
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.
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