B. Riley Analysts Increase Earnings Estimates for DHI Group

DHI Group, Inc. (NYSE:DHX) – Stock analysts at B. Riley upped their FY2024 earnings per share (EPS) estimates for DHI Group in a research report issued on Tuesday, November 12th. B. Riley analyst Z. Cummins now expects that the technology company will post earnings of $0.16 per share for the year, up from their previous estimate of $0.13. B. Riley currently has a “Buy” rating and a $3.50 target price on the stock. The consensus estimate for DHI Group’s current full-year earnings is $0.19 per share. B. Riley also issued estimates for DHI Group’s Q4 2024 earnings at $0.00 EPS.

DHI Group (NYSE:DHX) last announced its quarterly earnings results on Tuesday, November 12th. The technology company reported $0.05 EPS for the quarter, topping analysts’ consensus estimates of $0.04 by $0.01. The business had revenue of $35.28 million for the quarter, compared to analysts’ expectations of $35.24 million. DHI Group had a return on equity of 7.93% and a net margin of 0.95%.

DHX has been the subject of a number of other research reports. StockNews.com lowered DHI Group from a “strong-buy” rating to a “buy” rating in a research report on Friday, August 16th. Barrington Research reaffirmed an “outperform” rating and issued a $7.00 price objective on shares of DHI Group in a report on Monday.

DHI Group Stock Performance

Shares of DHX stock opened at $1.61 on Thursday. DHI Group has a 52 week low of $1.45 and a 52 week high of $2.98. The firm has a market capitalization of $77.92 million, a price-to-earnings ratio of 40.26 and a beta of 1.04. The stock has a fifty day moving average of $1.73 and a 200 day moving average of $1.99. The company has a quick ratio of 0.45, a current ratio of 0.45 and a debt-to-equity ratio of 0.32.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in DHX. Point72 DIFC Ltd purchased a new stake in shares of DHI Group during the 2nd quarter worth approximately $30,000. Cubist Systematic Strategies LLC bought a new stake in shares of DHI Group in the 2nd quarter worth about $35,000. Virtu Financial LLC bought a new position in shares of DHI Group in the 1st quarter valued at about $39,000. Allspring Global Investments Holdings LLC bought a new stake in DHI Group during the second quarter worth approximately $41,000. Finally, Mirae Asset Global Investments Co. Ltd. bought a new position in shares of DHI Group during the 1st quarter valued at approximately $45,000. 69.26% of the stock is currently owned by institutional investors.

DHI Group Company Profile

DHI Group, Inc provides data, insights, and employment connections through specialized services for technology professionals and other select online communities in the United States. Its solutions include talent profiles; job postings; employer branding; and other services comprising virtual and live career events, sourcing services, and content and data services that provides tailored content to help professionals manage their careers and provide employers insight into recruiting strategies and trends.