DHI (DHX)
Market Price (5/12/2026): $3.81 | Market Cap: $157.8 MilSector: Consumer Staples | Industry: Tobacco
DHI (DHX)
Market Price (5/12/2026): $3.81Market Cap: $157.8 MilSector: Consumer StaplesIndustry: Tobacco
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 22%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 16% Attractive yieldFCF Yield is 13% Megatrend and thematic driversMegatrends include E-commerce & Digital Retail, Cloud Computing, and Artificial Intelligence. Themes include Online Marketplaces, Show more. | Trading close to highsDist 52W High is 0.0% Weak multi-year price returns2Y Excs Rtn is 0.0%, 3Y Excs Rtn is -69% | Expensive valuation multiplesP/EBITPrice/EBIT or Price/(Operating Income) ratio is 5,456x Stock price has recently run up significantly6M Rtn6 month market price return is 126%, 12M Rtn12 month market price return is 106% Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -9.4%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -6.6%, Rev Chg QQuarterly Revenue Change % is -8.1% Valuation getting more expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 140% Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -5.7% Key risksDHX key risks include [1] significant revenue declines due to its heavy dependence on the volatile tech hiring market and [2] financial constraints from outstanding debt and substantial non-cash impairment charges on its intangible assets. |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 22%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 16% |
| Attractive yieldFCF Yield is 13% |
| Megatrend and thematic driversMegatrends include E-commerce & Digital Retail, Cloud Computing, and Artificial Intelligence. Themes include Online Marketplaces, Show more. |
| Trading close to highsDist 52W High is 0.0% |
| Weak multi-year price returns2Y Excs Rtn is 0.0%, 3Y Excs Rtn is -69% |
| Expensive valuation multiplesP/EBITPrice/EBIT or Price/(Operating Income) ratio is 5,456x |
| Stock price has recently run up significantly6M Rtn6 month market price return is 126%, 12M Rtn12 month market price return is 106% |
| Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -9.4%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -6.6%, Rev Chg QQuarterly Revenue Change % is -8.1% |
| Valuation getting more expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 140% |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -5.7% |
| Key risksDHX key risks include [1] significant revenue declines due to its heavy dependence on the volatile tech hiring market and [2] financial constraints from outstanding debt and substantial non-cash impairment charges on its intangible assets. |
Qualitative Assessment
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1. Significant Turnaround to Profitability and Enhanced Operating Efficiency.
DHI Group reported a net income of $1.5 million in the first quarter of 2026, a substantial improvement from a net loss of $9.8 million in the prior-year quarter. This return to profitability was coupled with a 17% increase in Adjusted EBITDA to $8.1 million and an expansion of the Adjusted EBITDA margin from 22% to 27%, signaling stronger operational efficiency and cost discipline.
2. Robust Growth in the ClearanceJobs Segment and Strategic Acquisition.
ClearanceJobs, identified as the company's primary growth engine, experienced a 5% increase in revenue to $14.0 million and a 7% rise in bookings during Q1 2026. This performance was further strengthened by the acquisition of Point Solutions Group (PSG) in late February 2026, which contributed $700,000 in revenue and bookings to ClearanceJobs in the first quarter, bolstering its growth trajectory.
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Stock Movement Drivers
Fundamental Drivers
The 119.5% change in DHX stock from 1/31/2026 to 5/11/2026 was primarily driven by a 112.6% change in the company's P/S Multiple.| (LTM values as of) | 1312026 | 5112026 | Change |
|---|---|---|---|
| Stock Price ($) | 1.74 | 3.82 | 119.5% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 131 | 125 | -4.6% |
| P/S Multiple | 0.6 | 1.3 | 112.6% |
| Shares Outstanding (Mil) | 45 | 41 | 8.2% |
| Cumulative Contribution | 119.5% |
Market Drivers
1/31/2026 to 5/11/2026| Return | Correlation | |
|---|---|---|
| DHX | 119.5% | |
| Market (SPY) | 3.6% | 12.3% |
| Sector (XLP) | 0.4% | -20.9% |
Fundamental Drivers
The 96.9% change in DHX stock from 10/31/2025 to 5/11/2026 was primarily driven by a 93.0% change in the company's P/S Multiple.| (LTM values as of) | 10312025 | 5112026 | Change |
|---|---|---|---|
| Stock Price ($) | 1.94 | 3.82 | 96.9% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 134 | 125 | -6.8% |
| P/S Multiple | 0.7 | 1.3 | 93.0% |
| Shares Outstanding (Mil) | 45 | 41 | 9.5% |
| Cumulative Contribution | 96.9% |
Market Drivers
10/31/2025 to 5/11/2026| Return | Correlation | |
|---|---|---|
| DHX | 96.9% | |
| Market (SPY) | 5.5% | 9.6% |
| Sector (XLP) | 10.8% | -13.6% |
Fundamental Drivers
The 170.9% change in DHX stock from 4/30/2025 to 5/11/2026 was primarily driven by a 183.0% change in the company's P/S Multiple.| (LTM values as of) | 4302025 | 5112026 | Change |
|---|---|---|---|
| Stock Price ($) | 1.41 | 3.82 | 170.9% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 142 | 125 | -11.8% |
| P/S Multiple | 0.4 | 1.3 | 183.0% |
| Shares Outstanding (Mil) | 45 | 41 | 8.5% |
| Cumulative Contribution | 170.9% |
Market Drivers
4/30/2025 to 5/11/2026| Return | Correlation | |
|---|---|---|
| DHX | 170.9% | |
| Market (SPY) | 30.4% | 16.3% |
| Sector (XLP) | 4.7% | -5.8% |
Fundamental Drivers
The 4.1% change in DHX stock from 4/30/2023 to 5/11/2026 was primarily driven by a 18.2% change in the company's P/S Multiple.| (LTM values as of) | 4302023 | 5112026 | Change |
|---|---|---|---|
| Stock Price ($) | 3.67 | 3.82 | 4.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 150 | 125 | -16.3% |
| P/S Multiple | 1.1 | 1.3 | 18.2% |
| Shares Outstanding (Mil) | 44 | 41 | 5.2% |
| Cumulative Contribution | 4.1% |
Market Drivers
4/30/2023 to 5/11/2026| Return | Correlation | |
|---|---|---|
| DHX | 4.1% | |
| Market (SPY) | 78.7% | 18.8% |
| Sector (XLP) | 16.8% | 6.2% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| DHX Return | 181% | -15% | -51% | -32% | -12% | 126% | 58% |
| Peers Return | 63% | -39% | 19% | -17% | -34% | -15% | -45% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 8% | 97% |
Monthly Win Rates [3] | |||||||
| DHX Win Rate | 83% | 50% | 25% | 33% | 50% | 80% | |
| Peers Win Rate | 67% | 25% | 53% | 40% | 43% | 49% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 60% | |
Max Drawdowns [4] | |||||||
| DHX Max Drawdown | 0% | -32% | -61% | -41% | -32% | 0% | |
| Peers Max Drawdown | -3% | -43% | -20% | -31% | -50% | -41% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -7% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: ZIP, ASGN, KFRC, RHI, UPWK.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 5/11/2026 (YTD)
How Low Can It Go
| Event | DHX | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -60.2% | -18.8% |
| % Gain to Breakeven | 151.2% | 23.1% |
| Time to Breakeven | 56 days | 79 days |
| 2024 Yen Carry Trade Unwind | ||
| % Loss | -21.9% | -7.8% |
| % Gain to Breakeven | 28.0% | 8.5% |
| Time to Breakeven | 142 days | 18 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -30.9% | -24.5% |
| % Gain to Breakeven | 44.7% | 32.4% |
| Time to Breakeven | 39 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -36.6% | -33.7% |
| % Gain to Breakeven | 57.6% | 50.9% |
| Time to Breakeven | 30 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -29.2% | -19.2% |
| % Gain to Breakeven | 41.2% | 23.7% |
| Time to Breakeven | 16 days | 105 days |
| 2015-2016 China Devaluation / Global Growth Scare | ||
| % Loss | -14.3% | -12.2% |
| % Gain to Breakeven | 16.7% | 13.9% |
| Time to Breakeven | 36 days | 62 days |
In The Past
DHI's stock fell -60.2% during the 2025 US Tariff Shock. Such a loss loss requires a 151.2% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
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| Event | DHX | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -60.2% | -18.8% |
| % Gain to Breakeven | 151.2% | 23.1% |
| Time to Breakeven | 56 days | 79 days |
| 2024 Yen Carry Trade Unwind | ||
| % Loss | -21.9% | -7.8% |
| % Gain to Breakeven | 28.0% | 8.5% |
| Time to Breakeven | 142 days | 18 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -30.9% | -24.5% |
| % Gain to Breakeven | 44.7% | 32.4% |
| Time to Breakeven | 39 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -36.6% | -33.7% |
| % Gain to Breakeven | 57.6% | 50.9% |
| Time to Breakeven | 30 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -29.2% | -19.2% |
| % Gain to Breakeven | 41.2% | 23.7% |
| Time to Breakeven | 16 days | 105 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -74.0% | -53.4% |
| % Gain to Breakeven | 284.0% | 114.4% |
| Time to Breakeven | 405 days | 1085 days |
| Summer 2007 Credit Crunch | ||
| % Loss | -41.7% | -8.6% |
| % Gain to Breakeven | 71.6% | 9.5% |
| Time to Breakeven | 1188 days | 47 days |
In The Past
DHI's stock fell -60.2% during the 2025 US Tariff Shock. Such a loss loss requires a 151.2% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About DHI (DHX)
AI Analysis | Feedback
- Indeed for specialized tech and finance jobs.
- A Monster.com focused on connecting employers with tech, finance, and security-cleared professionals.
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- Dice: An online career network that provides job postings for technology and engineering professionals across various industries.
- ClearanceJobs: An internet-based career network specifically designed to match security-cleared professionals with hiring companies.
- eFinancialCareers: A specialized careers website serving professionals in the financial services industry, including sectors like asset management, risk management, and investment banking.
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DHI Group, Inc. (DHX) - Major Customers
DHI Group, Inc. (DHX) sells primarily to other companies rather than individuals. The background information provided does not list specific customer company names. However, its major customers are categorized as:
- Small, mid-sized, and large direct employers
- Staffing companies
- Recruiting agencies
- Consulting firms
- Marketing departments of companies
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- Amazon.com, Inc. (AMZN)
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Art Zeile, President and Chief Executive Officer
Art Zeile has served as President and CEO and a director of DHI Group (DHX) since April 2018. He holds a B.S. in Astronautical Engineering from the U.S. Air Force Academy and an MPP from Harvard University, and served in the U.S. Air Force from 1986 to 1993. Prior to DHI, he held CEO positions at HOSTING (cloud services, 2008–2016), QTC Management (healthcare technology, 2006–2007), and was co-founder and CEO of Inflow (data centers, 1997–2005). Zeile has experience co-founding companies and scaling them through numerous strategic and tactical acquisitions and divestitures. He has worked with over two dozen private equity and venture capital firms, with 17 directly investing in his companies, and has cumulatively raised over $500M in equity and debt financing.
Greg Schippers, Chief Financial Officer
Greg Schippers was appointed Chief Financial Officer in January 2025, after serving as Interim Chief Financial Officer since November 2024. He joined DHI in 2014 as Vice President of Finance and Controller and has since taken on increasing responsibilities within the financial organization, which includes financial planning, accounting, financial reporting, investor relations, treasury, internal audit, and tax.
Jack Connolly, Chief Legal Officer
Jack Connolly was appointed Chief Legal Officer in January 2025. He joined DHI in July 2018 as an in-house corporate attorney and previously served as General Counsel starting in May 2023. He is responsible for managing all legal affairs, including intellectual property, mergers and acquisitions, strategic alliances, corporate securities, litigation, employment law, and data privacy.
Pamela Bilash, Chief Human Resources Officer
Pamela Bilash serves as the Chief Human Resources Officer for DHI Group.
Paul Farnsworth, President, Dice
Paul Farnsworth is the President of Dice, one of DHI Group's key brands.
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The key risks to DHI Group, Inc.'s business are:1. Reliance on Economic Conditions and Cyclical Downturns in the Job Market
DHI Group's financial performance, particularly for its Dice platform, is highly susceptible to macroeconomic conditions and the cyclical nature of the job market, especially within the technology staffing sector. Economic slowdowns and hiring recessions directly lead to declines in job postings and bookings, which are primary revenue drivers for the company. The company has explicitly acknowledged challenges faced by Dice due to a difficult macroeconomic environment and has reported overall revenue and bookings declines.2. Intense Competition and Inability to Maintain Competitive Advantage
The online job board industry is characterized by intense competition from a multitude of platforms, including larger generalist sites and other specialized niche boards. DHI Group faces ongoing pressure to differentiate its services, attract and retain both employers and job seekers, and maintain a sustainable competitive advantage in a crowded market. During economic downturns, companies often reduce HR and advertising budgets, further intensifying competition for fewer available dollars.3. Potential for Artificial Intelligence to Reduce Demand for Technology Professionals
While DHI Group is actively investing in and seeking to leverage artificial intelligence (AI) to enhance its platforms and services, there is an inherent risk that advancements in AI could potentially reduce the overall demand for human technology professionals in the workforce. A significant decrease in the need for tech talent would directly impact the core market served by DHI's platforms, particularly Dice, which specializes in technology roles.AI Analysis | Feedback
DHI Group, Inc. faces several clear emerging threats:
- Dominance and continuous evolution of professional networking platforms: Generalist professional networking sites, most notably LinkedIn, increasingly offer comprehensive recruitment solutions, professional profiles, and networking capabilities that directly compete with DHI's specialized job boards. LinkedIn's vast user base across technology, finance, and other industries, coupled with its advanced recruiter tools (e.g., AI-powered matching, direct outreach, skills assessments, talent pools), offers a compelling alternative for both job seekers and employers, potentially marginalizing the value proposition of niche job boards.
- Advancements in AI and automation for talent acquisition: The rapid development and adoption of AI-powered recruitment platforms, sophisticated applicant tracking systems (ATS), and direct sourcing tools are enabling companies to identify, engage, and screen candidates more efficiently without relying solely on traditional job postings. These technologies can proactively match candidates to roles using public data, internal databases, and behavioral analytics, potentially disintermediating DHI's core business model of connecting job seekers and employers through specialized online marketplaces.
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DHI Group, Inc. operates two main products, Dice and ClearanceJobs, which serve distinct addressable markets.
Dice (Technology Professionals)
The addressable market for Dice, which focuses on technology professionals, can be identified by the overall IT recruitment market and the online recruitment technology market.
- Globally, the IT Recruitment Market was valued at approximately USD 198.8 billion in 2025 and is projected to reach USD 416.26 billion by 2035.
- In North America, the online recruitment technology market was valued at USD 6.05 billion in 2025.
- Specifically for the U.S., the online recruitment services market generated USD 5.2 billion in revenue in 2024 and is expected to grow to USD 15.5 billion by 2032.
ClearanceJobs (Security-Cleared Professionals)
ClearanceJobs caters to security-cleared professionals, primarily within the U.S. defense and intelligence sectors. While a specific overall dollar value for the security-cleared professional recruitment market was not found, the market exhibits significant demand and growth.
- The U.S. cleared talent market is anticipated to grow by 7-10% annually through 2025. This growth is particularly notable in cybersecurity, data analytics, and artificial intelligence sectors.
- There is a persistent challenge of limited supply of qualified individuals in this market.
- The total number of cleared job openings is at an all-time high, while the supply of candidates remains at an all-time low.
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Here are 3-5 expected drivers of future revenue growth for DHI Group, Inc. (DHX) over the next 2-3 years:
- Growth in ClearanceJobs from Defense Spending and Product Enhancements: ClearanceJobs is anticipated to be a significant driver of future revenue growth, aiming for double-digit revenue growth. This is largely attributed to the approved $1 trillion defense budget, which is expected to be a meaningful catalyst for continued momentum. Additionally, the launch of new offerings like the ClearanceJobs Premium Candidate Subscription and the successful integration of acquisitions like AgileATS, which has doubled its revenue in less than six months, are enhancing the platform's capabilities and reach.
- Strategic Acquisitions: DHI Group views strategic acquisitions as a key component of its future growth strategy. The company has already demonstrated this through the acquisitions of Point Solutions Group and AgileATS, which expand government staffing and hiring capabilities and have shown promising initial growth.
- Leveraging AI and Platform Modernization: The company is focused on leveraging AI to enhance its recruitment capabilities and meet the growing demand for tech talent. This includes ongoing platform modernization efforts, particularly for Dice, to differentiate its offerings and position it for recovery in the commercial tech hiring environment. The integration of AI-powered tools and proprietary skills algorithms across its platforms aims to connect employers with qualified candidates more efficiently.
- Recovery in Commercial Tech Hiring Market: While the Dice platform has faced challenges due to a difficult macroeconomic environment and a soft commercial tech hiring market, DHI Group anticipates a recovery in the tech staffing sector, which accounts for 80% of Dice's revenue. This expected improvement in hiring conditions for technology professionals is projected to drive single-digit revenue growth for Dice.
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Share Repurchases
- DHI Group announced a new $10 million share repurchase program in February 2026, authorized to run through February 2027.
- The company repurchased $11.4 million in shares during 2025.
- DHI suspended its share repurchase program in mid-2023 to prioritize debt reduction.
Outbound Investments
- In March 2026, DHI Group acquired Point Solutions Group, an engineering and technology professional services firm, for an estimated $5.5 million ($5.0 million cash upfront, up to $0.5 million contingent on 2026 revenue goals), to enhance its ClearanceJobs brand.
- The company acquired AgileATS, which helped double its revenue in under six months by Q4 2025.
- During 2021, DHI invested $3.0 million through a convertible promissory note in a values-based career destination company; this investment was later revalued to $0.4 million in Q3 2023 after its financial position deteriorated, resulting in an impairment loss of $0.3 million.
Capital Expenditures
- Capital expenditures, primarily capitalized development costs, were $7 million in 2025, a decrease from $12 million in 2024.
- The primary focus of these capital expenditures is capitalized labor for software development across the company's platforms, such as ClearanceJobs and Dice websites.
- DHI Group is targeting total capital expenditures between $6 million and $7 million for 2026.
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| DHI Earnings Notes | 12/16/2025 | |
| Is DHI Stock Built to Withstand More Downside? | 10/17/2025 |
| Title | |
|---|---|
| ARTICLES |
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Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 8.80 |
| Mkt Cap | 0.8 |
| Rev LTM | 1,060 |
| Op Inc LTM | 62 |
| FCF LTM | 124 |
| FCF 3Y Avg | 101 |
| CFO LTM | 146 |
| CFO 3Y Avg | 117 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | -3.6% |
| Rev Chg 3Y Avg | -7.2% |
| Rev Chg Q | -1.4% |
| QoQ Delta Rev Chg LTM | -0.3% |
| Op Inc Chg LTM | -10.2% |
| Op Inc Chg 3Y Avg | -20.3% |
| Op Mgn LTM | 4.8% |
| Op Mgn 3Y Avg | 5.9% |
| QoQ Delta Op Mgn LTM | 0.0% |
| CFO/Rev LTM | 6.6% |
| CFO/Rev 3Y Avg | 9.4% |
| FCF/Rev LTM | 5.7% |
| FCF/Rev 3Y Avg | 8.1% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 0.8 |
| P/S | 0.6 |
| P/Op Inc | 9.5 |
| P/EBIT | 24.9 |
| P/E | 8.8 |
| P/CFO | 7.9 |
| Total Yield | 9.1% |
| Dividend Yield | 0.0% |
| FCF Yield 3Y Avg | 8.1% |
| D/E | 0.3 |
| Net D/E | 0.2 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 23.7% |
| 3M Rtn | 9.8% |
| 6M Rtn | -7.6% |
| 12M Rtn | -28.5% |
| 3Y Rtn | -36.3% |
| 1M Excs Rtn | 15.0% |
| 3M Excs Rtn | 3.4% |
| 6M Excs Rtn | -16.4% |
| 12M Excs Rtn | -69.1% |
| 3Y Excs Rtn | -118.9% |
Segment Financials
Revenue by Segment| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Dice | 88 | ||||
| ClearanceJobs (CJ) | 54 | ||||
| Tech-focused | 152 | 150 | 120 | 111 | |
| Total | 142 | 152 | 150 | 120 | 111 |
| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| ClearanceJobs (CJ) | 24 | ||||
| Dice | 18 | ||||
| Amortization | 0 | ||||
| Impairment of goodwill | 0 | ||||
| Impairment of intangible assets | 0 | ||||
| Other corporate expenses | 0 | ||||
| Restructuring | -1 | ||||
| Impairment of right-of-use asset | -7 | ||||
| Severance, professional fees and related costs, and non-cash stock based compensation | -10 | ||||
| Depreciation | -18 | ||||
| Total | 6 |
Price Behavior
| Market Price | $3.82 | |
| Market Cap ($ Bil) | 0.2 | |
| First Trading Date | 07/18/2007 | |
| Distance from 52W High | 0.0% | |
| 50 Days | 200 Days | |
| DMA Price | $2.74 | $2.32 |
| DMA Trend | indeterminate | up |
| Distance from DMA | 39.5% | 64.4% |
| 3M | 1YR | |
| Volatility | 94.4% | 82.2% |
| Downside Capture | 0.14 | 0.58 |
| Upside Capture | 203.59 | 168.47 |
| Correlation (SPY) | 14.3% | 14.2% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 1.43 | 0.86 | 0.90 | 0.62 | 1.11 | 0.92 |
| Up Beta | 0.02 | -0.19 | -1.47 | -0.40 | -0.02 | 0.66 |
| Down Beta | 2.28 | -0.98 | -2.19 | -0.86 | 0.37 | 0.35 |
| Up Capture | 79% | 165% | 413% | 195% | 310% | 160% |
| Bmk +ve Days | 15 | 22 | 31 | 66 | 141 | 428 |
| Stock +ve Days | 10 | 21 | 32 | 61 | 123 | 347 |
| Down Capture | 1125% | 174% | 175% | 119% | 147% | 110% |
| Bmk -ve Days | 4 | 18 | 30 | 56 | 108 | 321 |
| Stock -ve Days | 11 | 21 | 29 | 58 | 114 | 363 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with DHX | |
|---|---|---|---|---|
| DHX | 114.8% | 82.3% | 1.28 | - |
| Sector ETF (XLP) | 5.3% | 12.6% | 0.14 | -6.5% |
| Equity (SPY) | 28.1% | 12.5% | 1.78 | 15.2% |
| Gold (GLD) | 42.9% | 26.9% | 1.30 | 4.8% |
| Commodities (DBC) | 48.6% | 18.0% | 2.14 | -1.8% |
| Real Estate (VNQ) | 13.6% | 13.5% | 0.70 | 17.0% |
| Bitcoin (BTCUSD) | -22.4% | 41.7% | -0.50 | 0.9% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with DHX | |
|---|---|---|---|---|
| DHX | 4.2% | 68.2% | 0.34 | - |
| Sector ETF (XLP) | 6.4% | 13.2% | 0.27 | 11.3% |
| Equity (SPY) | 12.9% | 17.1% | 0.59 | 24.1% |
| Gold (GLD) | 21.2% | 17.9% | 0.96 | 3.4% |
| Commodities (DBC) | 13.5% | 19.1% | 0.58 | 7.0% |
| Real Estate (VNQ) | 3.6% | 18.8% | 0.09 | 21.5% |
| Bitcoin (BTCUSD) | 8.5% | 56.0% | 0.36 | 12.1% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with DHX | |
|---|---|---|---|---|
| DHX | -6.2% | 67.3% | 0.20 | - |
| Sector ETF (XLP) | 7.5% | 14.7% | 0.38 | 15.2% |
| Equity (SPY) | 15.0% | 17.9% | 0.72 | 24.8% |
| Gold (GLD) | 13.4% | 15.9% | 0.70 | 1.6% |
| Commodities (DBC) | 9.5% | 17.7% | 0.45 | 10.6% |
| Real Estate (VNQ) | 5.6% | 20.7% | 0.24 | 19.7% |
| Bitcoin (BTCUSD) | 68.1% | 66.9% | 1.07 | 9.4% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 5/5/2026 | 15.2% | ||
| 2/4/2026 | 15.7% | 44.6% | 61.4% |
| 11/10/2025 | 3.0% | 4.1% | -6.5% |
| 8/6/2025 | -8.1% | -17.7% | 9.6% |
| 5/7/2025 | 27.9% | 39.0% | 74.3% |
| 2/5/2025 | 7.5% | 7.5% | -22.9% |
| 11/12/2024 | -7.4% | -3.4% | 5.1% |
| 8/7/2024 | 16.9% | -0.6% | -7.3% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 17 | 15 | 14 |
| # Negative | 8 | 9 | 10 |
| Median Positive | 5.6% | 5.0% | 14.5% |
| Median Negative | -9.0% | -8.4% | -7.7% |
| Max Positive | 27.9% | 44.6% | 74.3% |
| Max Negative | -23.1% | -24.9% | -34.6% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 03/31/2026 | 05/05/2026 | 10-Q |
| 12/31/2025 | 02/12/2026 | 10-K |
| 09/30/2025 | 11/10/2025 | 10-Q |
| 06/30/2025 | 08/06/2025 | 10-Q |
| 03/31/2025 | 05/12/2025 | 10-Q |
| 12/31/2024 | 02/12/2025 | 10-K |
| 09/30/2024 | 11/12/2024 | 10-Q |
| 06/30/2024 | 08/07/2024 | 10-Q |
| 03/31/2024 | 05/10/2024 | 10-Q |
| 12/31/2023 | 02/08/2024 | 10-K |
| 09/30/2023 | 11/01/2023 | 10-Q |
| 06/30/2023 | 08/02/2023 | 10-Q |
| 03/31/2023 | 05/10/2023 | 10-Q |
| 12/31/2022 | 02/10/2023 | 10-K |
| 09/30/2022 | 11/02/2022 | 10-Q |
| 06/30/2022 | 08/03/2022 | 10-Q |
Recent Forward Guidance [BETA]
Latest: Q1 2026 Earnings Reported 5/5/2026
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q2 2026 Revenue | 30.00 Mil | 31.00 Mil | 32.00 Mil | 6.9% | Higher New | Guidance: 29.00 Mil for Q1 2026 | |
| 2026 Revenue | 124.00 Mil | 126.00 Mil | 128.00 Mil | 5.0% | Raised | Guidance: 120.00 Mil for 2026 | |
| 2026 Adjusted EBITDA Margin | 25.0% | 0 | 0 | Affirmed | Guidance: 25.0% for 2026 | ||
Prior: Q4 2025 Earnings Reported 2/4/2026
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q1 2026 Revenue | 28.00 Mil | 29.00 Mil | 30.00 Mil | -4.9% | Lowered | Guidance: 30.50 Mil for Q4 2025 | |
| 2026 Revenue | 118.00 Mil | 120.00 Mil | 122.00 Mil | ||||
| 2026 Adjusted EBITDA Margin | 25.0% | -7.4% | -2.0% | Lowered | Guidance: 27.0% for 2025 | ||
Insider Activity
Expand for More| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Massaquoi, Joseph G JR | Direct | Sell | 5112026 | 3.09 | 26,611 | 82,228 | 425,348 | Form |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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