Favorable Media Coverage Somewhat Unlikely to Impact DHI Group (DHX) Stock Price

Media headlines about DHI Group (NYSE:DHX) have trended positive recently, according to Accern Sentiment. The research firm identifies negative and positive press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. DHI Group earned a coverage optimism score of 0.48 on Accern’s scale. Accern also gave press coverage about the technology company an impact score of 48.3221714284917 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

DHX has been the topic of several recent research reports. ValuEngine upgraded shares of DHI Group from a “hold” rating to a “buy” rating in a research report on Tuesday, May 29th. B. Riley set a $2.00 price objective on shares of DHI Group and gave the stock a “hold” rating in a research report on Wednesday, May 9th. Finally, Zacks Investment Research raised shares of DHI Group from a “hold” rating to a “strong-buy” rating and set a $1.50 price objective on the stock in a research report on Monday, May 7th.

DHI Group traded up $0.05, reaching $2.10, during midday trading on Friday, Marketbeat.com reports. The stock had a trading volume of 121,947 shares, compared to its average volume of 240,938. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.50 and a quick ratio of 0.50. DHI Group has a 52-week low of $1.25 and a 52-week high of $3.25. The firm has a market capitalization of $110.13 million, a P/E ratio of 14.00 and a beta of 1.04.

DHI Group (NYSE:DHX) last posted its quarterly earnings data on Thursday, August 2nd. The technology company reported $0.05 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.05. The company had revenue of $41.60 million for the quarter, compared to analyst estimates of $40.27 million. DHI Group had a net margin of 8.57% and a return on equity of 5.98%. research analysts anticipate that DHI Group will post 0.13 earnings per share for the current fiscal year.

DHI Group declared that its Board of Directors has approved a share buyback program on Tuesday, May 8th that authorizes the company to buyback $7.00 million in outstanding shares. This buyback authorization authorizes the technology company to repurchase up to 10.3% of its shares through open market purchases. Shares buyback programs are usually an indication that the company’s board believes its stock is undervalued.

DHI Group Company Profile

DHI Group, Inc provides data, insights, and connections services to professional communities 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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