B. Riley Cuts DHI Group (NYSE:DHX) Price Target to $3.50

DHI Group (NYSE:DHX) had its price target reduced by B. Riley from $4.00 to $3.50 in a research note released on Wednesday,Benzinga reports. They currently have 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.

Several other equities analysts have also weighed in on the stock. Barrington Research reissued an “outperform” rating and issued a $7.00 price objective on shares of DHI Group in a research 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 Stock Up 1.8 %

DHI Group stock opened at $1.67 on Wednesday. The stock has a market capitalization of $80.71 million, a PE ratio of 41.76 and a beta of 1.04. 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 moving average of $1.72 and a 200-day moving average of $1.98.

Institutional Investors Weigh In On DHI Group

A number of institutional investors and hedge funds have recently modified their holdings of the company. Royce & Associates LP increased its position in shares of DHI Group by 5.5% in the third 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 last quarter. Vanguard Group Inc. grew its position in DHI Group by 0.6% during the first quarter. Vanguard Group Inc. now owns 2,628,613 shares of the technology company’s stock valued at $6,703,000 after acquiring an additional 16,342 shares during the last quarter. Pacific Ridge Capital Partners LLC grew its position in DHI Group by 50.9% during 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 acquiring an additional 841,350 shares during the last quarter. Tieton Capital Management LLC grew its position in DHI Group by 25.1% during 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 acquiring an additional 490,035 shares during the last quarter. Finally, Nantahala Capital Management LLC grew its position in DHI Group by 5.1% during 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 acquiring an additional 100,000 shares during the last quarter. 69.26% of the stock is owned by hedge funds and other 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.