DHI Group (DHX) Expected to Announce Earnings on Wednesday

DHI Group (NYSE:DHX) will likely be posting its quarterly earnings results after the market closes on Wednesday, February 5th. Analysts expect DHI Group to post earnings of $0.03 per share and revenue of $34.12 million for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.

DHI Group Price Performance

Shares of DHI Group stock opened at $2.88 on Wednesday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.42 and a current ratio of 0.42. The firm’s 50-day simple moving average is $1.97 and its 200-day simple moving average is $1.87. DHI Group has a twelve month low of $1.45 and a twelve month high of $2.98. The firm has a market cap of $138.95 million, a P/E ratio of 71.89 and a beta of 1.07.

DHI Group declared that its Board of Directors has initiated a stock repurchase plan on Tuesday, January 21st that permits the company to buyback $5.00 million in shares. This buyback authorization permits the technology company to purchase up to 4.4% of its shares through open market purchases. Shares buyback plans are often a sign that the company’s leadership believes its stock is undervalued.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the stock. B. Riley cut their price target on shares of DHI Group from $4.00 to $3.50 and set a “buy” rating for the company in a report on Wednesday, November 13th. Barrington Research reaffirmed an “outperform” rating and issued a $7.00 target price on shares of DHI Group in a research note on Thursday, November 21st.

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.