B.Riley FBR analyst Kara Anderson maintained a Hold rating on DHI Group (NYSE: DHX) today and set a price target of $2.50. The company’s shares opened today at $2.15.
Anderson noted:
“Neutral-rated DHI Group, Inc. (DHX, $2.50 PT) reported 2Q18 results before market open on Thursday, August 2, that were mixed versus our estimates (we are consensus), but with indications of stabilization and positive energy from new CEO Art Zeile. The company reported revenue of $41.6 million versus our $40.3 million forecast, while adjusted EBITDA and adjusted EPS were $7.5 million and $0.05, respectively, compared to our $7.8 million and $0.05 estimates. We are encouraged by the results that appear to show progress, with Dice (now US only) revenues up 1% sequentially and its 6.200 recruitment package customers remaining flat from 1Q period end.”
According to TipRanks.com, Anderson is a 4-star analyst with an average return of 13.4% and a 53.8% success rate. Anderson covers the Services sector, focusing on stocks such as Weight Watchers International, Spark Networks Plc, and Nutrisystem Inc.
Currently, the analyst consensus on DHI Group is a Hold with an average price target of $2.50.
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The company has a one-year high of $3.25 and a one-year low of $1.25. Currently, DHI Group has an average volume of 639.7K.
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DHI Group, Inc. engages in the provision of specialized websites and services for professional communities including technology and security clearance, financial services, energy, and hospitality. It offers its services under the following brands: Dice, Dice Europe, ClearanceJobs, eFinancialCareers, Rigzone, Hcareers, and BioSpace.
