Barrington Research Reiterates Outperform Rating for DHI Group (NYSE:DHX)

DHI Group (NYSE:DHX)‘s stock had its “outperform” rating reiterated by equities research analysts at Barrington Research in a research note issued to investors on Monday, Benzinga reports. They currently have a $7.00 target price on the technology company’s stock. Barrington Research’s price objective would suggest a potential upside of 272.34% from the stock’s previous close.

Separately, StockNews.com cut DHI Group from a “strong-buy” rating to a “buy” rating in a research report on Friday.

DHI Group Stock Down 6.0 %

DHI Group stock traded down $0.12 during mid-day trading on Monday, reaching $1.88. 82,846 shares of the company’s stock were exchanged, compared to its average volume of 240,453. DHI Group has a twelve month low of $1.82 and a twelve month high of $4.22. The company has a fifty day moving average of $2.14 and a 200-day moving average of $2.37. The company has a quick ratio of 0.52, a current ratio of 0.52 and a debt-to-equity ratio of 0.38. The company has a market cap of $90.88 million, a P/E ratio of 47.76 and a beta of 1.03.

DHI Group (NYSE:DHX) last posted its earnings results on Wednesday, May 8th. The technology company reported $0.05 earnings per share for the quarter, topping the consensus estimate of $0.03 by $0.02. DHI Group had a return on equity of 5.72% and a net margin of 1.02%. The firm had revenue of $36.03 million during the quarter, compared to analysts’ expectations of $35.97 million. During the same quarter in the previous year, the business earned $0.01 earnings per share. Sell-side analysts expect that DHI Group will post 0.17 EPS for the current year.

Institutional Investors Weigh In On DHI Group

Institutional investors and hedge funds have recently made changes to their positions in the business. Allspring Global Investments Holdings LLC purchased a new stake in shares of DHI Group in the second quarter valued at about $41,000. Virtu Financial LLC purchased a new position in DHI Group during the first quarter worth $39,000. Jacobs Levy Equity Management Inc. raised its stake in DHI Group by 30.6% in the 1st quarter. Jacobs Levy Equity Management Inc. now owns 215,205 shares of the technology company’s stock valued at $549,000 after purchasing an additional 50,368 shares during the last quarter. Perritt Capital Management Inc. lifted its stake in shares of DHI Group by 10.9% during the first quarter. Perritt Capital Management Inc. now owns 155,000 shares of the technology company’s stock valued at $395,000 after buying an additional 15,200 shares during the period. Finally, Archon Capital Management LLC lifted its stake in shares of DHI Group by 0.3% during the 1st quarter. Archon Capital Management LLC now owns 2,009,490 shares of the technology company’s stock worth $5,124,000 after purchasing an additional 6,366 shares during the period. 69.26% of the stock is owned by hedge funds and other institutional investors.

About DHI Group

DHI Group, Inc provides data, insights, and employment connections through specialized services for technology professionals and other select online communities in the United States. Its solutions include talent profiles; job postings; employer branding; and other services comprising virtual and live career events, sourcing services, and content and data services that provides tailored content to help professionals manage their careers and provide employers insight into recruiting strategies and trends.