DHI Group (NYSE:DHX) Given New $3.50 Price Target at B. Riley

DHI Group (NYSE:DHX) had its target price reduced by B. Riley from $4.00 to $3.50 in a research report report published on Wednesday morning,Benzinga reports. They currently have a buy rating on the technology company’s stock. B. Riley also issued estimates for DHI Group’s Q4 2024 earnings at $0.00 EPS, FY2024 earnings at $0.16 EPS, Q1 2025 earnings at ($0.01) EPS, Q2 2025 earnings at $0.00 EPS, Q3 2025 earnings at $0.00 EPS, Q4 2025 earnings at $0.00 EPS and FY2025 earnings at ($0.01) EPS.

Several other equities research analysts have also recently commented on the stock. StockNews.com cut shares of 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 research report on Monday, November 11th.

DHI Group Price Performance

Shares of DHX stock opened at $1.68 on Wednesday. DHI Group has a 12-month low of $1.45 and a 12-month high of $2.98. The firm has a market capitalization of $81.20 million, a price-to-earnings ratio of 42.00 and a beta of 1.04. The company has a quick ratio of 0.45, a current ratio of 0.42 and a debt-to-equity ratio of 0.29. The firm has a fifty day moving average of $1.72 and a 200-day moving average of $1.98.

Institutional Investors Weigh In On DHI Group

A number of institutional investors and hedge funds have recently modified their holdings of DHX. Mirae Asset Global Investments Co. Ltd. bought a new position in DHI Group in the 1st quarter valued at about $45,000. BNP Paribas Financial Markets raised its holdings in DHI Group by 76.9% in the 1st quarter. BNP Paribas Financial Markets now owns 21,329 shares of the technology company’s stock valued at $54,000 after acquiring an additional 9,274 shares during the period. First Eagle Investment Management LLC raised its holdings in DHI Group by 145.7% in the 1st quarter. First Eagle Investment Management LLC now owns 388,449 shares of the technology company’s stock valued at $991,000 after acquiring an additional 230,323 shares during the period. Pacific Ridge Capital Partners LLC raised its holdings in DHI Group by 26.3% in the 1st quarter. Pacific Ridge Capital Partners LLC now owns 1,653,745 shares of the technology company’s stock valued at $4,217,000 after acquiring an additional 344,014 shares during the period. Finally, Vanguard Group Inc. raised its holdings in DHI Group by 0.6% in the 1st quarter. Vanguard Group Inc. now owns 2,628,613 shares of the technology company’s stock valued at $6,703,000 after acquiring an additional 16,342 shares during the period. 69.26% of the stock is 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.