DHI Group, Inc. (NYSE:DHX) Stock Has Average Price Target of $6.75

Shares of DHI Group, Inc. (NYSE:DHX) have received a consensus rating of “Moderate Buy” from the five analysts that are covering the company, MarketBeat reports. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $6.75.

Several brokerages have commented on DHX. Weiss Ratings raised DHI Group from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday. Lake Street Capital upgraded DHI Group from a “hold” rating to a “buy” rating and set a $5.00 target price for the company in a research report on Thursday, August 6th. Zacks Research downgraded DHI Group from a “strong-buy” rating to a “hold” rating in a research report on Thursday, August 6th. Finally, B. Riley Financial upped their price target on shares of DHI Group from $4.50 to $5.25 and gave the stock a “buy” rating in a report on Thursday, August 6th.

Institutional Investors Weigh In On DHI Group

Large investors have recently added to or reduced their stakes in the stock. D Orazio & Associates Inc. purchased a new position in shares of DHI Group during the third quarter worth approximately $103,000. Keel Point LLC bought a new stake in shares of DHI Group during the first quarter valued at approximately $123,000. Walleye Capital LLC purchased a new stake in shares of DHI Group in the second quarter valued at approximately $172,000. Jefferies Financial Group Inc. purchased a new stake in shares of DHI Group in the third quarter valued at approximately $235,000. Finally, Bank of America Corp DE bought a new position in DHI Group in the second quarter worth approximately $189,000. 69.26% of the stock is owned by hedge funds and other institutional investors.

DHI Group Stock Down 1.7%

Shares of NYSE:DHX opened at $4.42 on Thursday. DHI Group has a 1 year low of $1.44 and a 1 year high of $5.19. The business has a 50 day simple moving average of $4.72 and a two-hundred day simple moving average of $3.62. The firm has a market capitalization of $187.89 million, a PE ratio of 23.29 and a beta of 1.29. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.42 and a quick ratio of 0.42.

DHI Group (NYSE:DHX) last released its earnings results on Wednesday, November 4th. The technology company reported $0.10 EPS for the quarter, beating analysts’ consensus estimates of $0.04 by $0.06. DHI Group had a return on equity of 13.51% and a net margin of 6.33%. The firm had revenue of $32.24 million for the quarter, compared to analysts’ expectations of $31.13 million. On average, equities analysts predict that DHI Group will post 0.27 EPS for the current year.

DHI Group Company Profile

DHI Group, Inc. (NYSE: DHX) is a provider of specialized career marketplaces and recruiting solutions. The company connects employers with highly skilled professionals, with a primary focus on technology and security-cleared talent. Its principal brands include Dice, a career platform serving technology professionals and employers, and ClearanceJobs, a marketplace focused on professionals who hold or are eligible for U.S. government security clearances. The company’s services include job postings, candidate sourcing, recruitment advertising, employer branding, and related data and analytics tools.