DHI Group (NYSE:DHX) Price Target Cut to $3.50 by Analysts at B. Riley

DHI Group (NYSE:DHX) had its target price lowered by B. Riley from $4.00 to $3.50 in a report released on Wednesday morning,Benzinga reports. The brokerage currently has 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.

Other equities analysts also recently issued reports about the company. StockNews.com downgraded DHI Group from a “strong-buy” rating to a “buy” rating in a report on Friday, August 16th. Barrington Research reissued an “outperform” rating and set a $7.00 target price on shares of DHI Group in a research report on Monday, November 11th.

DHI Group Stock Performance

Shares of DHX stock opened at $1.67 on Wednesday. The stock has a fifty day moving average of $1.72 and a 200 day moving average of $1.98. DHI Group has a 52 week low of $1.45 and a 52 week high of $2.98. The firm has a market capitalization of $80.71 million, a price-to-earnings ratio of 41.76 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.

Institutional Investors Weigh In On DHI Group

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Royce & Associates LP raised its stake in DHI Group by 5.5% in the third quarter. Royce & Associates LP now owns 3,359,148 shares of the technology company’s stock valued at $6,181,000 after buying an additional 174,010 shares during the last quarter. Vanguard Group Inc. increased its holdings in shares of 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 period. Pacific Ridge Capital Partners LLC increased its holdings in shares of DHI Group by 50.9% in 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 purchasing an additional 841,350 shares during the period. Tieton Capital Management LLC increased its holdings 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 valued at $5,103,000 after purchasing an additional 490,035 shares during the period. Finally, Nantahala Capital Management LLC increased its holdings in shares of DHI Group by 5.1% in the second quarter. Nantahala Capital Management LLC now owns 2,066,417 shares of the technology company’s stock valued at $4,319,000 after purchasing an additional 100,000 shares during the period. 69.26% of the stock is currently owned by hedge funds and other 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.