DHI Group Inc (NYSE:DHX) Expected to Post Quarterly Sales of $37.23 Million

Equities analysts predict that DHI Group Inc (NYSE:DHX) will announce $37.23 million in sales for the current quarter, according to Zacks Investment Research. Two analysts have provided estimates for DHI Group’s earnings, with the lowest sales estimate coming in at $37.20 million and the highest estimate coming in at $37.26 million. DHI Group reported sales of $37.99 million in the same quarter last year, which indicates a negative year over year growth rate of 2%. The firm is expected to issue its next quarterly earnings results on Thursday, February 6th.

On average, analysts expect that DHI Group will report full year sales of $148.89 million for the current financial year, with estimates ranging from $148.86 million to $148.92 million. For the next year, analysts forecast that the firm will report sales of $153.47 million, with estimates ranging from $152.85 million to $154.09 million. Zacks’ sales averages are an average based on a survey of sell-side analysts that that provide coverage for DHI Group.

DHI Group (NYSE:DHX) last released its quarterly earnings data on Thursday, November 7th. The technology company reported $0.08 earnings per share for the quarter, beating analysts’ consensus estimates of $0.06 by $0.02. The firm had revenue of $37.18 million during the quarter, compared to analyst estimates of $36.94 million. DHI Group had a return on equity of 8.00% and a net margin of 8.00%.

A number of equities analysts recently commented on DHX shares. ValuEngine downgraded DHI Group from a “sell” rating to a “strong sell” rating in a report on Tuesday, December 10th. Zacks Investment Research downgraded DHI Group from a “hold” rating to a “sell” rating in a report on Friday, November 1st.

Shares of NYSE:DHX traded down $0.01 during trading on Tuesday, reaching $3.26. 84,500 shares of the company traded hands, compared to its average volume of 135,200. The firm has a market capitalization of $176.25 million, a price-to-earnings ratio of 21.73, a P/E/G ratio of 0.68 and a beta of 1.53. DHI Group has a 52-week low of $1.34 and a 52-week high of $4.44. The company has a current ratio of 0.34, a quick ratio of 0.34 and a debt-to-equity ratio of 0.13. The business’s fifty day moving average is $3.38 and its 200-day moving average is $3.62.

Several institutional investors have recently made changes to their positions in DHX. JPMorgan Chase & Co. bought a new position in shares of DHI Group during the second quarter valued at approximately $54,000. Weiss Asset Management LP bought a new position in shares of DHI Group during the second quarter valued at approximately $71,000. Comprehensive Portfolio Management LLC raised its holdings in shares of DHI Group by 46.3% during the third quarter. Comprehensive Portfolio Management LLC now owns 21,132 shares of the technology company’s stock valued at $81,000 after acquiring an additional 6,689 shares in the last quarter. Stone Ridge Asset Management LLC bought a new position in shares of DHI Group during the second quarter valued at approximately $103,000. Finally, KBC Group NV raised its holdings in shares of DHI Group by 38.3% during the second quarter. KBC Group NV now owns 32,499 shares of the technology company’s stock valued at $116,000 after acquiring an additional 9,001 shares in the last quarter. Institutional investors own 77.98% 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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