DHI Group (DHX) Downgraded to “Hold” at Zacks Investment Research

DHI Group (NYSE:DHX) was downgraded by Zacks Investment Research from a “strong-buy” rating to a “hold” rating in a research note issued to investors on Tuesday.

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. “

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Other equities analysts have also recently issued reports about the stock. ValuEngine upgraded shares of DHI Group from a “hold” rating to a “buy” rating in a research note on Wednesday, March 7th. B. Riley cut their target price on shares of DHI Group from $2.75 to $2.00 and set a “neutral” rating for the company in a research note on Thursday, February 8th. Four investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. DHI Group currently has an average rating of “Hold” and a consensus price target of $3.75.

NYSE:DHX opened at $1.80 on Tuesday. The firm has a market cap of $85.69, a P/E ratio of 11.67 and a beta of 0.80. DHI Group has a one year low of $1.50 and a one year high of $4.60. The company has a quick ratio of 0.55, a current ratio of 0.55 and a debt-to-equity ratio of 0.31.

DHI Group (NYSE:DHX) last released its earnings results on Wednesday, February 7th. The technology company reported $0.06 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.04 by $0.02. The firm had revenue of $50.90 million during the quarter, compared to analysts’ expectations of $49.25 million. DHI Group had a net margin of 7.68% and a return on equity of 8.61%. The business’s quarterly revenue was down 7.3% compared to the same quarter last year. During the same period in the prior year, the company earned $0.11 EPS. analysts forecast that DHI Group will post 0.19 earnings per share for the current fiscal year.

Several hedge funds have recently made changes to their positions in the company. Municipal Employees Retirement System of Michigan raised its stake in shares of DHI Group by 68.9% in the 4th quarter. Municipal Employees Retirement System of Michigan now owns 254,110 shares of the technology company’s stock valued at $483,000 after buying an additional 103,670 shares in the last quarter. Millennium Management LLC raised its stake in shares of DHI Group by 36.1% in the 4th quarter. Millennium Management LLC now owns 552,880 shares of the technology company’s stock valued at $1,050,000 after buying an additional 146,671 shares in the last quarter. Stone Ridge Asset Management LLC acquired a new position in shares of DHI Group in the 4th quarter valued at $254,000. Guggenheim Capital LLC raised its stake in shares of DHI Group by 6,868.5% in the 4th quarter. Guggenheim Capital LLC now owns 1,742,471 shares of the technology company’s stock valued at $3,311,000 after buying an additional 1,717,466 shares in the last quarter. Finally, Deutsche Bank AG raised its stake in shares of DHI Group by 46.4% in the 4th quarter. Deutsche Bank AG now owns 108,294 shares of the technology company’s stock valued at $204,000 after buying an additional 34,322 shares in the last quarter. Institutional investors own 86.20% of the company’s stock.

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DHI Group Company Profile

DHI Group, Inc provides data, insights, and connections services to professional communities in the United States and internationally. 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 Internet-based career network, which matches security-cleared professionals with hiring companies searching for employees.

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