K LIU & Has Negative Forecast for DHI Group FY2024 Earnings

DHI Group, Inc. (NYSE:DHX) – Equities researchers at K LIU & decreased their FY2024 earnings per share (EPS) estimates for DHI Group in a report released on Wednesday, November 13th. K LIU & analyst K. Liu now anticipates that the technology company will earn $0.23 per share for the year, down from their previous estimate of $0.26. The consensus estimate for DHI Group’s current full-year earnings is $0.21 per share. K LIU & also issued estimates for DHI Group’s Q4 2024 earnings at $0.06 EPS, Q1 2025 earnings at $0.05 EPS, Q2 2025 earnings at $0.05 EPS, Q3 2025 earnings at $0.06 EPS, Q4 2025 earnings at $0.07 EPS, FY2025 earnings at $0.24 EPS, Q1 2026 earnings at $0.06 EPS, Q2 2026 earnings at $0.07 EPS, Q3 2026 earnings at $0.07 EPS and FY2026 earnings at $0.28 EPS.

A number of other research firms have also commented on DHX. B. Riley dropped their price objective on shares of DHI Group from $4.00 to $3.50 and set a “buy” rating on the stock in a research note on Wednesday. Barrington Research restated an “outperform” rating and issued a $7.00 price target on shares of DHI Group in a research report on Monday, November 11th. Finally, StockNews.com cut DHI Group from a “strong-buy” rating to a “buy” rating in a research report on Friday, August 16th.

DHI Group Stock Up 2.4 %

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

Institutional Trading of DHI Group

Several hedge funds have recently made changes to their positions in the company. Archon Capital Management LLC raised its holdings in DHI Group by 0.3% during the first quarter. Archon Capital Management LLC now owns 2,009,490 shares of the technology company’s stock worth $5,124,000 after purchasing an additional 6,366 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of DHI Group by 2.3% during the 3rd quarter. Geode Capital Management LLC now owns 379,424 shares of the technology company’s stock worth $698,000 after buying an additional 8,547 shares in the last quarter. BNP Paribas Financial Markets lifted its holdings in shares of 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 buying an additional 9,274 shares during the period. Sei Investments Co. lifted its holdings in shares of DHI Group by 25.8% in the 2nd quarter. Sei Investments Co. now owns 58,712 shares of the technology company’s stock valued at $123,000 after buying an additional 12,049 shares during the period. Finally, Point72 DIFC Ltd purchased a new stake in shares of DHI Group in the second quarter valued at approximately $30,000. Institutional investors and hedge funds own 69.26% of the company’s stock.

About DHI Group

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.