DHI Group, Inc. (NYSE:DHX) Given Consensus Rating of “Moderate Buy” by Brokerages

DHI Group, Inc. (NYSE:DHX) has been assigned a consensus rating of “Moderate Buy” from the five brokerages that are presently covering the firm, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is $6.75.

A number of research firms recently issued reports on DHX. Lake Street Capital upgraded shares of DHI Group from a “hold” rating to a “buy” rating and set a $5.00 target price for the company in a report on Thursday, August 6th. B. Riley Financial lifted their price target on shares of DHI Group from $4.50 to $5.25 and gave the company a “buy” rating in a report on Thursday, August 6th. Weiss Ratings raised shares of DHI Group from a “sell (d-)” rating to a “hold (c-)” rating in a research note on Wednesday, August 12th. Finally, Zacks Research downgraded DHI Group from a “strong-buy” rating to a “hold” rating in a report on Thursday, August 6th.

Hedge Funds Weigh In On DHI Group

Large investors have recently modified their holdings of the company. Tieton Capital Management LLC purchased a new stake in shares of DHI Group during the 2nd quarter worth about $11,744,000. Nantahala Capital Management LLC purchased a new position in DHI Group in the second quarter valued at approximately $8,807,640. Sei Investments Co. raised its holdings in DHI Group by 108.9% in the first quarter. Sei Investments Co. now owns 1,804,281 shares of the technology company’s stock valued at $5,070,000 after buying an additional 940,667 shares during the period. BlackRock Inc. acquired a new position in DHI Group during the second quarter valued at approximately $3,033,000. Finally, AWM Investment Company Inc. purchased a new stake in DHI Group during the second quarter worth approximately $1,846,000. 69.26% of the stock is currently owned by hedge funds and other institutional investors.

DHI Group Stock Performance

NYSE DHX opened at $4.72 on Wednesday. The business’s 50-day moving average price is $4.26 and its 200 day moving average price is $3.60. The company has a current ratio of 0.44, a quick ratio of 0.44 and a debt-to-equity ratio of 0.34. DHI Group has a twelve month low of $1.44 and a twelve month high of $5.19. The company has a market capitalization of $204.90 million, a PE ratio of 157.35 and a beta of 1.19.

DHI Group (NYSE:DHX) last posted its quarterly earnings results on Wednesday, August 5th. The technology company reported $0.09 EPS for the quarter, beating the consensus estimate of $0.04 by $0.05. The company had revenue of $31.34 million during the quarter, compared to analysts’ expectations of $30.88 million. DHI Group had a return on equity of 13.01% and a net margin of 0.97%. On average, research analysts predict that DHI Group will post 0.27 earnings per share for the current year.

About DHI Group

DHI Group, Inc is a technology-focused career marketplace and data services company. Through its digital platforms, the company connects employers with specialized professionals and helps job seekers find opportunities in technology, engineering, cybersecurity, and other highly skilled fields.

The company’s principal brands include Dice, a career platform serving the technology industry, and ClearanceJobs, which focuses on professionals who hold or are eligible for U.S. security clearances.