DHI Group Inc (NYSE:DHX) – Equities researchers at B. Riley reduced their FY2018 earnings estimates for shares of DHI Group in a research report issued on Monday, June 18th. B. Riley analyst K. Anderson now expects that the technology company will post earnings per share of $0.15 for the year, down from their previous estimate of $0.17. B. Riley currently has a “Hold” rating and a $2.00 target price on the stock. B. Riley also issued estimates for DHI Group’s Q4 2018 earnings at $0.06 EPS.
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DHX has been the topic of a number of other research reports. Zacks Investment Research downgraded DHI Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 10th. ValuEngine raised DHI Group from a “hold” rating to a “buy” rating in a report on Wednesday, March 7th.
DHX stock opened at $2.80 on Wednesday. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.53 and a current ratio of 0.53. DHI Group has a 1-year low of $1.25 and a 1-year high of $3.25. The company has a market capitalization of $147.36 million, a PE ratio of 18.67 and a beta of 1.01.
DHI Group (NYSE:DHX) last released its quarterly earnings data on Tuesday, May 8th. The technology company reported $0.02 earnings per share for the quarter, missing the consensus estimate of $0.05 by ($0.03). DHI Group had a net margin of 9.12% and a return on equity of 5.87%. The company had revenue of $43.07 million during the quarter, compared to the consensus estimate of $42.89 million. During the same quarter in the prior year, the company posted $0.04 earnings per share.
Several hedge funds and other institutional investors have recently made changes to their positions in DHX. Crossmark Global Holdings Inc. lifted its holdings in shares of DHI Group by 1,867.5% in the 4th quarter. Crossmark Global Holdings Inc. now owns 216,430 shares of the technology company’s stock worth $411,000 after purchasing an additional 205,430 shares during the last quarter. BlackRock Inc. lifted its holdings in shares of DHI Group by 2.4% in the 4th quarter. BlackRock Inc. now owns 6,303,034 shares of the technology company’s stock worth $11,976,000 after purchasing an additional 144,743 shares during the last quarter. Tower Research Capital LLC TRC bought a new stake in shares of DHI Group in the 4th quarter worth approximately $100,000. Virtu Financial LLC lifted its holdings in shares of 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 last quarter. Finally, Systematic Financial Management LP lifted its holdings in shares of DHI Group by 18.7% in the 4th quarter. Systematic Financial Management LP now owns 611,957 shares of the technology company’s stock worth $1,163,000 after purchasing an additional 96,270 shares during the last quarter. 83.99% of the stock is currently owned by institutional investors and hedge funds.
DHI Group announced that its Board of Directors has initiated a stock repurchase program on Tuesday, May 8th that authorizes the company to repurchase $7.00 million in outstanding shares. This repurchase authorization authorizes the technology company to reacquire up to 10.3% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company’s management believes its stock is undervalued.
About DHI Group
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.