The stock price of DHI Group Inc (NYSE: DHX) has dropped by -9.82 compared to previous close of 2.75. Despite this, the company has seen a fall of -4.98% in its stock price over the last five trading days. Seeking Alpha reported 2024-05-09 that DHI Group, Inc. (NYSE:DHX ) Q1 2024 Earnings Conference Call May 8, 2024 5:00 PM ET Company Participants Todd Kehrli – MKR Group, Inc. Art Zeile – President and CEO Raime Leeby – CFO Conference Call Participants Ethan Widell – B. Riley Securities Maxwell Michaelis – Lake Street Capital Markets Kevin Liu – K.
Is It Worth Investing in DHI Group Inc (NYSE: DHX) Right Now?
DHI Group Inc (NYSE: DHX) has a price-to-earnings ratio of 73.37x that is above its average ratio. Additionally, the 36-month beta value for DHX is 1.08. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”
The public float for DHX is 39.67M and currently, short sellers hold a 3.43% ratio of that float. The average trading volume of DHX on May 10, 2024 was 238.11K shares.
DHX’s Market Performance
DHX’s stock has seen a -4.98% decrease for the week, with a 10.22% rise in the past month and a 2.90% gain in the past quarter. The volatility ratio for the week is 7.45%, and the volatility levels for the past 30 days are at 6.43% for DHI Group Inc. The simple moving average for the past 20 days is 0.32% for DHX’s stock, with a -10.40% simple moving average for the past 200 days.
Analysts’ Opinion of DHX
Many brokerage firms have already submitted their reports for DHX stocks, with Barrington Research repeating the rating for DHX by listing it as a “Outperform.” The predicted price for DHX in the upcoming period, according to Barrington Research is $12 based on the research report published on October 04, 2022 of the previous year 2022.
Lake Street, on the other hand, stated in their research note that they expect to see DHX reach a price target of $10. The rating they have provided for DHX stocks is “Buy” according to the report published on November 30th, 2021.
B. Riley Securities gave a rating of “Buy” to DHX, setting the target price at $5 in the report published on July 22nd of the previous year.
DHX Trading at -2.22% from the 50-Day Moving Average
After a stumble in the market that brought DHX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -41.23% of loss for the given period.
Volatility was left at 6.43%, however, over the last 30 days, the volatility rate increased by 7.45%, as shares surge +2.90% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -11.43% lower at present.
During the last 5 trading sessions, DHX fell by -4.98%, which changed the moving average for the period of 200-days by -30.34% in comparison to the 20-day moving average, which settled at $2.48. In addition, DHI Group Inc saw -4.25% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at DHX starting from LESSER EVAN, who sale 1,500 shares at the price of $2.50 back on May 01 ’24. After this action, LESSER EVAN now owns 317,090 shares of DHI Group Inc, valued at $3,750 using the latest closing price.
LESSER EVAN, the President of ClearanceJobs of DHI Group Inc, sale 1,500 shares at $2.60 during a trade that took place back on Apr 01 ’24, which means that LESSER EVAN is holding 318,590 shares at $3,900 based on the most recent closing price.
Stock Fundamentals for DHX
Current profitability levels for the company are sitting at:
- 0.04 for the present operating margin
- 0.87 for the gross margin
The net margin for DHI Group Inc stands at 0.02. The total capital return value is set at 0.04. Equity return is now at value 1.46, with 0.65 for asset returns.
Based on DHI Group Inc (DHX), the company’s capital structure generated 0.32 points at debt to capital in total, while cash flow to debt ratio is standing at 0.43. The debt to equity ratio resting at 0.46. The interest coverage ratio of the stock is 1.81.
Currently, EBITDA for the company is 26.12 million with net debt to EBITDA at 1.76. When we switch over and look at the enterprise to sales, we see a ratio of 1.09. The receivables turnover for the company is 4.78for trailing twelve months and the total asset turnover is 0.65. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.52.
Conclusion
In conclusion, DHI Group Inc (DHX) has seen mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
