B. Riley Has Lowered Expectations for DHI Group (NYSE:DHX) Stock Price

DHI Group (NYSE:DHX) had its price target decreased by B. Riley from $4.00 to $3.50 in a research report sent to investors on Wednesday morning,Benzinga reports. B. Riley 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 analysts have also issued research reports about the stock. StockNews.com lowered shares of DHI Group from a “strong-buy” rating to a “buy” rating in a research 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 note on Monday, November 11th.

DHI Group Stock Performance

Shares of NYSE:DHX opened at $1.68 on Wednesday. The company’s 50 day simple moving average is $1.72 and its 200 day simple moving average is $1.98. The stock has a market capitalization of $81.20 million, a price-to-earnings ratio of 42.00 and a beta of 1.04. 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 1 year low of $1.45 and a 1 year high of $2.98.

Institutional Investors Weigh In On DHI Group

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