What is B. Riley’s Estimate for DHI Group FY2024 Earnings?

DHI Group, Inc. (NYSE:DHX) – Equities research analysts at B. Riley lifted their FY2024 EPS estimates for shares of DHI Group in a 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 $0.21 per share. B. Riley also issued estimates for DHI Group’s Q4 2024 earnings at $0.00 EPS.

Several other equities research analysts have also issued reports on the stock. Barrington Research reaffirmed an “outperform” rating and set a $7.00 price target on shares of DHI Group in a report on Monday, November 11th. StockNews.com lowered shares of DHI Group from a “strong-buy” rating to a “buy” rating in a report on Friday, August 16th.

DHI Group Price Performance

Shares of DHI Group stock opened at $1.67 on Thursday. DHI Group has a twelve month low of $1.45 and a twelve month high of $2.98. The company has a quick ratio of 0.45, a current ratio of 0.42 and a debt-to-equity ratio of 0.29. The company has a 50-day simple moving average of $1.72 and a two-hundred day simple moving average of $1.98. The stock has a market capitalization of $80.71 million, a price-to-earnings ratio of 41.76 and a beta of 1.04.

Institutional Investors Weigh In On DHI Group

A number of institutional investors have recently added to or reduced their stakes in DHX. Connor Clark & Lunn Investment Management Ltd. lifted its position in shares of DHI Group by 86.2% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 61,659 shares of the technology company’s stock worth $113,000 after purchasing an additional 28,552 shares during the period. Royce & Associates LP lifted its position in shares of DHI Group by 5.5% in the 3rd quarter. Royce & Associates LP now owns 3,359,148 shares of the technology company’s stock worth $6,181,000 after purchasing an additional 174,010 shares during the period. GSA Capital Partners LLP lifted its position in shares of DHI Group by 35.6% in the 3rd quarter. GSA Capital Partners LLP now owns 225,353 shares of the technology company’s stock worth $415,000 after purchasing an additional 59,155 shares during the period. Allworth Financial LP acquired a new position in shares of DHI Group in the 3rd quarter worth approximately $49,000. Finally, CWC Advisors LLC. acquired a new position in shares of DHI Group in the 3rd quarter worth approximately $327,000. 69.26% of the stock is owned by institutional investors.

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.