DHI Group (NYSE:DHX) Releases Quarterly Earnings Results, Beats Expectations By $0.01 EPS

DHI Group (NYSE:DHX) issued its quarterly earnings data on Tuesday. The technology company reported $0.05 earnings per share for the quarter, topping the consensus estimate of $0.04 by $0.01, reports. DHI Group had a net margin of 0.95% and a return on equity of 7.93%. The company had revenue of $35.28 million for the quarter, compared to analysts’ expectations of $35.24 million. DHI Group updated its Q4 2024 guidance to EPS.

DHI Group Stock Performance

Shares of DHX opened at $1.61 on Thursday. The company has a current ratio of 0.45, a quick ratio of 0.45 and a debt-to-equity ratio of 0.32. The stock has a market capitalization of $77.92 million, a P/E ratio of 40.26 and a beta of 1.04. The firm’s fifty day simple moving average is $1.73 and its two-hundred day simple moving average is $1.99. DHI Group has a 12 month low of $1.45 and a 12 month high of $2.98.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on DHX. Barrington Research reissued an “outperform” rating and issued a $7.00 price objective on shares of DHI Group in a research note on Monday. StockNews.com cut shares of DHI Group from a “strong-buy” rating to a “buy” rating in a research note on Friday, August 16th. Finally, B. Riley reduced their price objective on shares of DHI Group from $4.00 to $3.50 and set a “buy” rating on the stock in a research note on Wednesday.

Institutional Trading of DHI Group

A number of institutional investors have recently bought and sold shares of DHX. Pacific Ridge Capital Partners LLC raised its holdings in shares of DHI Group by 50.9% during the second quarter. Pacific Ridge Capital Partners LLC now owns 2,495,095 shares of the technology company’s stock valued at $5,215,000 after purchasing an additional 841,350 shares during the period. Tieton Capital Management LLC raised its holdings in shares of DHI Group by 25.1% during the second quarter. Tieton Capital Management LLC now owns 2,441,485 shares of the technology company’s stock valued at $5,103,000 after purchasing an additional 490,035 shares during the period. First Eagle Investment Management LLC raised its holdings in shares of DHI Group by 72.2% during the second quarter. First Eagle Investment Management LLC now owns 668,928 shares of the technology company’s stock valued at $1,398,000 after purchasing an additional 280,479 shares during the period. CWC Advisors LLC. acquired a new position in shares of DHI Group during the third quarter valued at about $327,000. Finally, Royce & Associates LP raised its holdings in shares of DHI Group by 5.5% during the third quarter. Royce & Associates LP now owns 3,359,148 shares of the technology company’s stock valued at $6,181,000 after purchasing an additional 174,010 shares during the period. Institutional investors own 69.26% of the company’s stock.

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.