B. Riley Weighs in on DHI Group’s FY2024 Earnings (NYSE:DHX)

DHI Group, Inc. (NYSE:DHX) – Research analysts at B. Riley upped their FY2024 EPS estimates for shares of DHI Group in a note issued to investors on Tuesday, November 12th. B. Riley analyst Z. Cummins now forecasts that the technology company will post earnings of $0.16 per share for the year, up from their previous forecast of $0.13. B. Riley currently has a “Buy” rating and a $3.50 target price on the stock. The consensus estimate for DHI Group’s current full-year earnings is $0.19 per share. B. Riley also issued estimates for DHI Group’s Q4 2024 earnings at $0.00 EPS.

DHI Group (NYSE:DHX) last posted its quarterly 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 the consensus estimate of $35.24 million. DHI Group had a return on equity of 7.93% and a net margin of 0.95%.

A number of other research analysts have also recently weighed in on DHX. 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 set a $7.00 price target on shares of DHI Group in a research report on Monday.

DHI Group Stock Performance

NYSE DHX opened at $1.62 on Thursday. The business’s 50-day simple moving average is $1.72 and its 200-day simple moving average is $1.98. The firm has a market capitalization of $78.41 million, a P/E ratio of 40.51 and a beta of 1.04. DHI Group has a 1-year low of $1.45 and a 1-year high of $2.98. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.45 and a quick ratio of 0.45.

Institutional Trading of DHI Group

A number of hedge funds have recently made changes to their positions in DHX. First Eagle Investment Management LLC increased its stake in DHI Group by 145.7% during the 1st quarter. First Eagle Investment Management LLC now owns 388,449 shares of the technology company’s stock worth $991,000 after buying an additional 230,323 shares during the period. Pacific Ridge Capital Partners LLC grew its stake 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 acquiring an additional 841,350 shares in the last quarter. Nantahala Capital Management LLC increased its position in shares of DHI Group by 5.1% during the second quarter. Nantahala Capital Management LLC now owns 2,066,417 shares of the technology company’s stock worth $4,319,000 after acquiring an additional 100,000 shares during the last quarter. Tieton Capital Management LLC lifted its stake in shares of DHI Group by 25.1% in the second quarter. Tieton Capital Management LLC now owns 2,441,485 shares of the technology company’s stock worth $5,103,000 after acquiring an additional 490,035 shares in the last quarter. Finally, Vanguard Group Inc. boosted its holdings in DHI Group by 0.6% in the first quarter. Vanguard Group Inc. now owns 2,628,613 shares of the technology company’s stock valued at $6,703,000 after purchasing an additional 16,342 shares during the last quarter. Hedge funds and other 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.