B. Riley Has Positive Outlook of DHI Group FY2024 Earnings

DHI Group, Inc. (NYSE:DHX) – Research analysts at B. Riley upped their FY2024 EPS estimates for DHI Group in a research report issued on Tuesday, November 12th. B. Riley analyst Z. Cummins now forecasts that the technology company will post earnings per share of $0.16 for the year, up from their prior 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 announced its quarterly earnings data on Tuesday, November 12th. The technology company reported $0.05 EPS for the quarter, beating analysts’ consensus estimates of $0.04 by $0.01. DHI Group had a net margin of 0.95% and a return on equity of 7.93%. The company had revenue of $35.28 million during the quarter, compared to the consensus estimate of $35.24 million.

Several other brokerages have also recently issued reports on DHX. Barrington Research reissued an “outperform” rating and set a $7.00 price target on shares of DHI Group in a research report on Monday. StockNews.com downgraded DHI Group from a “strong-buy” rating to a “buy” rating in a research note on Friday, August 16th.

DHI Group Stock Down 8.5 %

Shares of DHX opened at $1.61 on Thursday. The firm has a market cap of $77.92 million, a P/E ratio of 40.26 and a beta of 1.04. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.45 and a current ratio of 0.45. DHI Group has a 52 week low of $1.45 and a 52 week high of $2.98. The firm’s 50-day simple moving average is $1.73 and its 200 day simple moving average is $1.99.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Point72 DIFC Ltd acquired a new position in DHI Group in the second quarter valued at approximately $30,000. Cubist Systematic Strategies LLC purchased a new stake in DHI Group in the 2nd quarter valued at $35,000. Virtu Financial LLC purchased a new position in DHI Group during the 1st quarter worth $39,000. Allspring Global Investments Holdings LLC bought a new stake in DHI Group in the 2nd quarter worth about $41,000. Finally, Mirae Asset Global Investments Co. Ltd. bought a new stake in DHI Group during the first quarter worth $45,000. 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.