DHI Group Inc (NYSE: DHX)’s stock price has soared by 15.56 in relation to previous closing price of 1.80. Nevertheless, the company has seen a gain of 18.86% in its stock price over the last five trading days. businesswire.com reported 2024-12-05 that CENTENNIAL, Colo.–(BUSINESS WIRE)–DHI Group, Inc. (NYSE: DHX) today announced that it will be participating in the iAccess Alpha Virtual Best Ideas Winter Conference 2024, being held December 10 and 11, 2024. Art Zeile, Chief Executive Officer, and Greg Schippers, Interim Chief Financial Officer, are scheduled to present on Tuesday, December 10th, at 1:30 p.m. Eastern Standard Time and will also be hosting one-on-one meetings with institutional investors throughout the day on Wednesday, Decem.
Is It Worth Investing in DHI Group Inc (NYSE: DHX) Right Now?
DHI Group Inc (NYSE: DHX) has a higher price-to-earnings ratio of 68.42x compared to its average ratio. DHX has 36-month beta value of 1.07. Analysts have mixed views on the stock, with 2 analysts rating it as a “buy,” 1 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for DHX is 40.91M, and currently, short sellers hold a 0.34% ratio of that float. The average trading volume of DHX on January 08, 2025 was 118.59K shares.
DHX’s Market Performance
DHX stock saw an increase of 18.86% in the past week, with a monthly gain of 18.18% and a quarterly increase of 26.06%. The volatility ratio for the week is 8.90%, and the volatility levels for the last 30 days are 6.29% for DHI Group Inc (DHX). The simple moving average for the past 20 days is 13.91% for DHX’s stock, with a 3.65% 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 17.47% 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 -30.20% of loss for the given period.
Volatility was left at 6.29%, however, over the last 30 days, the volatility rate increased by 8.90%, as shares surge +16.85% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +18.18% upper at present.
During the last 5 trading sessions, DHX rose by +18.86%, which changed the moving average for the period of 200-days by -18.75% in comparison to the 20-day moving average, which settled at $1.8300. In addition, DHI Group Inc saw 17.51% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at DHX starting from LESSER EVAN, who proposed sale 3,000 shares at the price of $2.00 back on Jan 07 ’25. After this action, LESSER EVAN now owns shares of DHI Group Inc, valued at $6,000 using the latest closing price.
LESSER EVAN, the Officer of DHI Group Inc, proposed sale 1,500 shares at $1.77 during a trade that took place back on Dec 30 ’24, which means that LESSER EVAN is holding shares at $2,655 based on the most recent closing price.
Stock Fundamentals for DHX
Current profitability levels for the company are sitting at:
- 0.06 for the present operating margin
- 0.83 for the gross margin
The net margin for DHI Group Inc stands at 0.01. The total capital return value is set at 0.05. Equity return is now at value 1.29, with 0.63 for asset returns.
Based on DHI Group Inc (DHX), the company’s capital structure generated 0.23 points at debt to capital in total, while cash flow to debt ratio is standing at 0.72. The debt to equity ratio resting at 0.3. The interest coverage ratio of the stock is 2.37.
Currently, EBITDA for the company is 24.02 million with net debt to EBITDA at 1.57. When we switch over and look at the enterprise to sales, we see a ratio of 0.98. The receivables turnover for the company is 7.35for trailing twelve months and the total asset turnover is 0.66. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.42.
Conclusion
To put it simply, DHI Group Inc (DHX) has had a better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others 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.
