Equities research analysts expect DHI Group Inc (NYSE:DHX) to announce sales of $37.76 million for the current quarter, according to Zacks. Two analysts have provided estimates for DHI Group’s earnings. The highest sales estimate is $37.92 million and the lowest is $37.60 million. DHI Group posted sales of $38.92 million in the same quarter last year, which suggests a negative year over year growth rate of 3%. The business is expected to issue its next quarterly earnings results on Thursday, November 7th.
On average, analysts expect that DHI Group will report full year sales of $151.45 million for the current financial year, with estimates ranging from $151.20 million to $151.69 million. For the next financial year, analysts anticipate that the firm will report sales of $159.75 million, with estimates ranging from $158.60 million to $160.90 million. Zacks’ sales averages are an average based on a survey of analysts that cover DHI Group.
DHI Group (NYSE:DHX) last posted its quarterly earnings data on Thursday, August 1st. The technology company reported $0.06 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.01). DHI Group had a return on equity of 7.07% and a net margin of 5.63%. The company had revenue of $37.36 million for the quarter, compared to analysts’ expectations of $37.96 million.
A number of analysts recently issued reports on the stock. ValuEngine downgraded shares of DHI Group from a “buy” rating to a “hold” rating in a report on Thursday, August 1st. TheStreet upgraded shares of DHI Group from a “c” rating to a “b-” rating in a report on Friday, August 2nd. Finally, Zacks Investment Research downgraded shares of DHI Group from a “hold” rating to a “sell” rating in a report on Monday, August 5th.
NYSE DHX remained flat at $$3.64 during trading hours on Friday. 255,621 shares of the company were exchanged, compared to its average volume of 391,522. DHI Group has a 1-year low of $1.34 and a 1-year high of $4.44. The firm has a 50-day simple moving average of $3.58 and a 200 day simple moving average of $3.24. The company has a quick ratio of 0.38, a current ratio of 0.38 and a debt-to-equity ratio of 0.15. The company has a market cap of $199.61 million, a PE ratio of 24.27, a P/E/G ratio of 0.83 and a beta of 1.59.
In other DHI Group news, Director Golnar Sheikholeslami sold 39,200 shares of the stock in a transaction dated Monday, July 8th. The shares were sold at an average price of $3.94, for a total transaction of $154,448.00. Following the completion of the transaction, the director now owns 134,750 shares in the company, valued at $530,915. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 8.10% of the stock is owned by company insiders.
Large investors have recently modified their holdings of the business. Comprehensive Portfolio Management LLC purchased a new stake in DHI Group during the 2nd quarter valued at $52,000. JPMorgan Chase & Co. acquired a new stake in DHI Group in the second quarter worth $54,000. Group One Trading L.P. acquired a new stake in DHI Group in the first quarter worth $55,000. Weiss Asset Management LP acquired a new stake in DHI Group in the second quarter worth $71,000. Finally, Stone Ridge Asset Management LLC acquired a new stake in DHI Group in the second quarter worth $103,000. Hedge funds and other institutional investors own 69.80% of the company’s stock.
About DHI Group
DHI Group, Inc provides data, insights, and employment connections through specialized services for technology professionals in the United States and internationally. The company operates Dice that offers job postings of technology and non-technology companies for industries, such as positions for software engineers, big data professionals, systems administrators, database specialists, project managers, and other technology and engineering professionals; and ClearanceJobs, an Internet-based career network, which matches security-cleared professionals with hiring companies searching for employees.
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