DHI Group, Inc. (NYSE:DHX) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of DHI Group, Inc. (NYSE:DHX) have received an average recommendation of “Moderate Buy” from the five research firms that are covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation, two have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is $5.8333.

A number of brokerages have weighed in on DHX. Wall Street Zen upgraded shares of DHI Group from a “hold” rating to a “strong-buy” rating in a research report on Saturday, May 9th. Weiss Ratings lowered shares of DHI Group from a “sell (d)” rating to a “sell (d-)” rating in a research report on Monday, May 18th. B. Riley Financial assumed coverage on shares of DHI Group in a research note on Thursday, May 14th. They set a “buy” rating and a $4.50 price target on the stock. Zacks Research raised shares of DHI Group from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 8th. Finally, Barrington Research reiterated an “outperform” rating and issued a $10.00 price objective on shares of DHI Group in a research note on Monday, May 18th.

DHI Group Stock Down 0.6%

DHX stock opened at $3.83 on Tuesday. The stock has a fifty day moving average of $3.76 and a 200-day moving average of $2.96. DHI Group has a fifty-two week low of $1.44 and a fifty-two week high of $4.33. The company has a market capitalization of $165.33 million, a price-to-earnings ratio of -76.52 and a beta of 1.24. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.44 and a current ratio of 0.44.

DHI Group (NYSE:DHX) last announced its quarterly earnings data on Tuesday, May 5th. The technology company reported $0.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.04 by $0.04. The business had revenue of $29.69 million for 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%. As a group, equities research analysts predict that DHI Group will post 0.24 earnings per share for the current year.

Insiders Place Their Bets

In related news, Director Kathleen M. Swann sold 20,000 shares of the business’s stock in a transaction on Monday, May 11th. The stock was sold at an average price of $3.83, for a total transaction of $76,600.00. Following the sale, the director directly owned 193,154 shares in the company, valued at approximately $739,779.82. The trade was a 9.38% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Joseph G. Massaquoi, Jr. sold 26,611 shares of the business’s stock in a transaction on Friday, May 8th. The shares were sold at an average price of $3.09, for a total value of $82,227.99. Following 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 16.20% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. Empowered Funds LLC increased its position in shares of DHI Group by 13.9% during the first quarter. Empowered Funds LLC now owns 75,295 shares of the technology company’s stock valued at $212,000 after buying an additional 9,192 shares during the period. Keel Point LLC bought a new position in shares of DHI Group in the first quarter valued at approximately $123,000. Bank of America Corp DE grew its stake in DHI Group by 17.8% during the first quarter. Bank of America Corp DE now owns 87,978 shares of the technology company’s stock valued at $247,000 after acquiring an additional 13,317 shares in the last quarter. OMERS ADMINISTRATION Corp purchased a new position in DHI Group during the first quarter valued at approximately $166,000. Finally, Sei Investments Co. grew its stake in DHI Group by 108.9% during the first quarter. Sei Investments Co. now owns 1,804,281 shares of the technology company’s stock valued at $5,070,000 after acquiring an additional 940,667 shares in the last quarter. Institutional investors own 69.26% of the company’s stock.

DHI Group Company Profile

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.