DHI Group, Inc. (NYSE:DHX) Receives Average Recommendation of “Hold” from Brokerages

Shares of DHI Group, Inc. (NYSE:DHX) have received a consensus rating of “Hold” from the five brokerages that are currently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $5.8333.

DHX has been the subject of several recent analyst reports. Zacks Research cut DHI Group from a “strong-buy” rating to a “hold” rating in a report on Monday, April 6th. Wall Street Zen upgraded DHI Group from a “hold” rating to a “strong-buy” rating in a report on Saturday, May 9th. B. Riley Financial initiated coverage on DHI Group in a report on Thursday, May 14th. They issued a “buy” rating and a $4.50 price target for the company. Barrington Research restated an “outperform” rating and issued a $10.00 price target on shares of DHI Group in a report on Monday, May 18th. Finally, Lake Street Capital reiterated a “hold” rating and set a $3.00 target price on shares of DHI Group in a report on Wednesday, May 6th.

DHI Group Stock Up 0.0%

DHX opened at $3.37 on Monday. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.44 and a quick ratio of 0.44. The stock has a market capitalization of $145.63 million, a price-to-earnings ratio of -67.41 and a beta of 1.25. The business has a 50-day moving average of $3.18 and a two-hundred day moving average of $2.42. DHI Group has a 12 month low of $1.44 and a 12 month high of $4.10.

DHI Group (NYSE:DHX) last posted its quarterly earnings results on Tuesday, May 5th. The technology company reported $0.08 EPS for the quarter, beating the consensus estimate of $0.04 by $0.04. The company had revenue of $29.69 million during the quarter, compared to analysts’ expectations of $29.05 million. DHI Group had a positive return on equity of 11.60% and a negative net margin of 1.78%. On average, research analysts expect that DHI Group will post 0.24 earnings per share for the current year.

Insider Transactions at DHI Group

In other news, Director Joseph G. Massaquoi, Jr. sold 26,611 shares of the business’s stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $3.09, for a total transaction of $82,227.99. Following the completion of the sale, the director owned 137,653 shares in the company, valued at approximately $425,347.77. The trade was a 16.20% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Kathleen M. Swann sold 20,000 shares of the business’s stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $3.83, for a total value of $76,600.00. Following the sale, the director owned 193,154 shares of the company’s stock, valued at $739,779.82. The trade was a 9.38% decrease in their position. The SEC filing for this sale provides additional information. 16.20% of the stock is currently owned by insiders.

Hedge Funds Weigh In On DHI Group

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Geode Capital Management LLC lifted its position in DHI Group by 1.2% during the 2nd quarter. Geode Capital Management LLC now owns 361,314 shares of the technology company’s stock worth $1,073,000 after acquiring an additional 4,188 shares in the last quarter. Empowered Funds LLC increased its holdings in shares of DHI Group by 13.9% in the 1st quarter. Empowered Funds LLC now owns 75,295 shares of the technology company’s stock valued at $212,000 after acquiring an additional 9,192 shares during the last quarter. Sei Investments Co. increased its holdings in shares of DHI Group by 22.3% in the 2nd quarter. Sei Investments Co. now owns 57,089 shares of the technology company’s stock valued at $170,000 after acquiring an additional 10,426 shares during the last quarter. Prudential Financial Inc. bought a new stake in shares of DHI Group in the 2nd quarter valued at approximately $33,000. Finally, Assenagon Asset Management S.A. increased its holdings in shares of DHI Group by 36.4% in the 4th quarter. Assenagon Asset Management S.A. now owns 45,364 shares of the technology company’s stock valued at $70,000 after acquiring an additional 12,110 shares during the last quarter. 69.26% of the stock is owned by institutional investors and hedge funds.

About DHI Group

DHI Group, Inc (NYSE: DHX) is a specialized professional recruitment and career development company that operates digital platforms connecting technology and security-cleared professionals with employers worldwide. Founded in 1990 as a niche job board for technology talent, the company completed its initial public offering in 2007 and trades on the New York Stock Exchange under the ticker symbol DHX.

The company’s primary offerings include Dice.com, a careers platform designed for technology professionals, and ClearanceJobs, a specialized service catering to candidates holding U.S.