DHI Group, Inc. (DHX) Rating Reiterated by Cantor Fitzgerald

DHI Group, Inc. (NYSE:DHX)‘s stock had its “hold” rating reaffirmed by research analysts at Cantor Fitzgerald in a research report issued to clients and investors on Friday, July 28th. They presently have a $4.00 price target on the technology company’s stock. Cantor Fitzgerald’s price target indicates a potential upside of 66.67% from the company’s previous close.

The analysts wrote, “Light 2Q results; tech-focused strategy in process. Total revenue decreased 9.1% Y/Y to $52.4M (-7% ex FX for tech-focused businesses) vs. the average consensus estimate (FactSet) of $53.0M, a slight improvement in the Y/Y rate of decline from -11% in 1Q17. Adj. EBITDA was $9.5M (18.2% margin) vs. consensus’ $11.0M, and adj. EPS was $0.04 vs. consensus’ $0.06.””

A number of other equities analysts also recently issued reports on DHX. Zacks Investment Research upgraded DHI Group from a “sell” rating to a “hold” rating in a research note on Tuesday, April 11th. B. Riley reiterated a “neutral” rating and set a $4.50 price target on shares of DHI Group in a research note on Monday, May 1st. Scotiabank reiterated a “sector perform” rating and set a $7.00 price target on shares of DHI Group in a research note on Thursday, May 11th. Finally, ValuEngine downgraded DHI Group from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and two have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $6.25.

DHI Group (DHX) traded up 4.35% on Friday, hitting $2.40. The stock had a trading volume of 204,571 shares. DHI Group has a 52 week low of $2.15 and a 52 week high of $8.43. The stock’s market capitalization is $120.98 million. The company has a 50-day moving average price of $2.65 and a 200-day moving average price of $3.82.

DHI Group (NYSE:DHX) last released its quarterly earnings results on Thursday, July 27th. The technology company reported $0.04 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.06 by $0.02. The company had revenue of $52.40 million for the quarter, compared to analyst estimates of $52.93 million. DHI Group had a negative net margin of 3.80% and a positive return on equity of 13.19%. DHI Group’s revenue for the quarter was down 9.2% on a year-over-year basis. During the same quarter last year, the firm posted $0.10 EPS. Equities research analysts anticipate that DHI Group will post $0.19 earnings per share for the current fiscal year.

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Several institutional investors have recently made changes to their positions in DHX. Metropolitan Life Insurance Co. NY increased its position in shares of DHI Group by 1.1% in the fourth quarter. Metropolitan Life Insurance Co. NY now owns 28,888 shares of the technology company’s stock worth $181,000 after buying an additional 327 shares during the last quarter. Comerica Bank boosted its stake in DHI Group by 5.8% in the fourth quarter. Comerica Bank now owns 53,226 shares of the technology company’s stock worth $311,000 after buying an additional 2,897 shares during the period. Thrivent Financial for Lutherans boosted its stake in DHI Group by 4.8% in the fourth quarter. Thrivent Financial for Lutherans now owns 26,860 shares of the technology company’s stock worth $168,000 after buying an additional 1,220 shares during the period. Fisher Asset Management LLC boosted its stake in DHI Group by 31.7% in the second quarter. Fisher Asset Management LLC now owns 283,669 shares of the technology company’s stock worth $808,000 after buying an additional 68,344 shares during the period. Finally, Systematic Financial Management LP boosted its stake in DHI Group by 36.3% in the first quarter. Systematic Financial Management LP now owns 265,247 shares of the technology company’s stock worth $1,048,000 after buying an additional 70,615 shares during the period. Hedge funds and other institutional investors own 81.23% of the company’s stock.

About DHI Group

DHI Group, Inc provides data, insights and employment connections through specialized services for professional communities, including technology and security clearance, financial services, energy, healthcare and hospitality. The Company’s segments are Tech & Clearance, which includes Dice, Dice Europe and ClearanceJobs; Global Industry Group, which includes eFinancialCareers, Rigzone, Hcareers and BioSpace; Healthcare, which includes Health eCareers, and Corporate & Other.

Analyst Recommendations for DHI Group (NYSE:DHX)

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