DHI Group Receives a Hold from Cantor Fitzgerald

By Ryan Adsit

Cantor Fitzgerald analyst Kip Paulson maintained a Hold rating on DHI Group (NYSE: DHX) today and set a price target of $4. The company’s shares opened today at $2.60, close to its 52-week high of $8.43.

Paulson said:

“Light 2Q results; tech-focused strategy in process. Total revenue decreased 9.1% Y/Y to $52.4M (-7% ex FX for tech-focused businesses) vs. the average consensus estimate (FactSet) of $53.0M, a slight improvement in the Y/Y rate of decline from -11% in 1Q17. Adj. EBITDA was $9.5M (18.2% margin) vs. consensus’ $11.0M, and adj. EPS was $0.04 vs. consensus’ $0.06.”

According to TipRanks.com, Paulson is a 4-star analyst with an average return of 12.1% and a 79.2% success rate. Paulson covers the Technology sector, focusing on stocks such as Rubicon Project, Facebook Inc, and Alphabet Inc.

DHI Group has an analyst consensus of Hold, with a price target consensus of $4.

The company has a one year high of $8.43 and a one year low of $2.40. Currently, DHI Group has an average volume of 390.4K.

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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, healthcare, and hospitality. It operates through the following segments: Tech and Clearance; Global Industry Group; and Healthcare.