DHI Group (DHX) Projected to Post Earnings on Wednesday

DHI Group (NYSE:DHX) is expected to be posting its quarterly earnings results after the market closes on Wednesday, February 5th. Analysts expect DHI Group to post earnings of $0.03 per share and revenue of $34.11 million for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.

DHI Group Price Performance

Shares of NYSE:DHX opened at $2.72 on Tuesday. DHI Group has a one year low of $1.45 and a one year high of $2.99. The stock has a fifty day moving average of $2.06 and a 200-day moving average of $1.89. The company has a market capitalization of $131.51 million, a PE ratio of 68.04 and a beta of 1.11. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.42 and a current ratio of 0.42.

DHI Group announced that its Board of Directors has approved a share repurchase plan on Tuesday, January 21st that authorizes the company to buyback $5.00 million in shares. This buyback authorization authorizes the technology company to reacquire up to 4.4% of its stock through open market purchases. Stock buyback plans are often a sign that the company’s board believes its shares are undervalued.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the company. B. Riley cut their price objective on DHI Group from $4.00 to $3.50 and set a “buy” rating for the company in a research report on Wednesday, November 13th. Barrington Research reissued an “outperform” rating and set a $7.00 target price on shares of DHI Group in a research note on Wednesday, January 29th.

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.