B. Riley Has Lowered Expectations for DHI Group (NYSE:DHX) Stock Price

DHI Group (NYSE:DHX) had its price target reduced by investment analysts at B. Riley from $4.00 to $3.50 in a research note issued to investors on Wednesday,Benzinga reports. The firm currently has a “buy” rating on the technology company’s stock. B. Riley’s price target points to a potential upside of 116.05% from the stock’s previous close. B. Riley also issued estimates for DHI Group’s Q4 2024 earnings at $0.00 EPS and FY2024 earnings at $0.16 EPS.

DHX has been the topic of a number of other research reports. Barrington Research reaffirmed an “outperform” rating and issued a $7.00 price target 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 report on Friday, August 16th.

DHI Group Trading Down 0.6 %

Shares of NYSE DHX opened at $1.62 on Wednesday. DHI Group has a twelve month low of $1.45 and a twelve month high of $2.98. The stock has a market cap of $78.41 million, a price-to-earnings ratio of 40.51 and a beta of 1.04. The company has a quick ratio of 0.45, a current ratio of 0.45 and a debt-to-equity ratio of 0.32. The company’s fifty day moving average is $1.72 and its 200-day moving average is $1.98.

DHI Group (NYSE:DHX) last posted its earnings results on Tuesday, November 12th. The technology company reported $0.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.04 by $0.01. The firm had revenue of $35.28 million during 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%. Equities research analysts predict that DHI Group will post 0.19 EPS for the current year.

Hedge Funds Weigh In On DHI Group

A number of large investors have recently bought and sold shares of DHX. Point72 DIFC Ltd bought a new stake in shares of DHI Group in the second quarter worth $30,000. Cubist Systematic Strategies LLC acquired a new position in shares of DHI Group during 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 acquired a new stake in shares of DHI Group in the second quarter valued at about $41,000. Finally, Mirae Asset Global Investments Co. Ltd. acquired a new position in DHI Group during the first quarter valued at approximately $45,000. Institutional investors and hedge funds own 69.26% of the company’s stock.

About DHI Group

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.