DHI Group (NYSE:DHX) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research note issued to investors on Monday. The firm currently has a $2.25 price target on the technology company’s stock. Zacks Investment Research‘s target price indicates a potential upside of 11.94% from the stock’s previous close.

According to Zacks, “DHI Group, Inc. offer specialized websites which focused on select professional communities. The Company’s operating segment consists of Tech & Clearance, Finance, Energy, Healthcare, Hospitality and Corporate & Other. Tech & Clearance segment consists of the Dice.com, ClearanceJobs.com and The IT Job Board services as well as related career fairs. Finance segment represents the eFinancialCareers service. Energy reporting segment provides the Rigzone service and related career fairs. Healthcare segment includes HEALTHeCAREERS, Health Callings and BioSpace. Hospitality segment includes Hcareers and the Corporate. Other reporting segment consists of Slashdot Media, WorkDigital and corporate-related costs. DHI Group, Inc., formerly known as Dice Holdings, Inc., is headquartered in New York. “

Other equities research analysts also recently issued reports about the company. ValuEngine downgraded DHI Group from a “hold” rating to a “sell” rating in a report on Tuesday, October 2nd. B. Riley upgraded DHI Group from a “neutral” rating to a “buy” rating and set a $2.50 price target on the stock in a report on Monday, November 5th.

Shares of DHX stock opened at $2.01 on Monday. DHI Group has a 1 year low of $1.25 and a 1 year high of $3.25. The company has a current ratio of 0.44, a quick ratio of 0.44 and a debt-to-equity ratio of 0.12. The company has a market cap of $103.67 million, a price-to-earnings ratio of 13.40 and a beta of 1.35.

DHI Group (NYSE:DHX) last issued its quarterly earnings data on Thursday, November 1st. The technology company reported $0.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.05 by $0.01. DHI Group had a return on equity of 5.27% and a net margin of 9.16%. The business had revenue of $38.92 million for the quarter, compared to the consensus estimate of $39.22 million. During the same period in the prior year, the business posted $0.03 earnings per share. On average, equities research analysts anticipate that DHI Group will post 0.15 earnings per share for the current fiscal year.

Several hedge funds and other institutional investors have recently modified their holdings of the company. Dimensional Fund Advisors LP raised its holdings in shares of DHI Group by 7.6% in the third quarter. Dimensional Fund Advisors LP now owns 3,612,643 shares of the technology company’s stock worth $7,587,000 after buying an additional 256,235 shares during the period. Renaissance Technologies LLC raised its holdings in shares of DHI Group by 6.1% in the third quarter. Renaissance Technologies LLC now owns 2,273,300 shares of the technology company’s stock worth $4,774,000 after buying an additional 129,800 shares during the period. Millennium Management LLC raised its holdings in shares of DHI Group by 392.6% in the second quarter. Millennium Management LLC now owns 1,772,353 shares of the technology company’s stock worth $4,165,000 after buying an additional 1,412,524 shares during the period. Prescott Group Capital Management L.L.C. raised its holdings in shares of DHI Group by 249.8% in the third quarter. Prescott Group Capital Management L.L.C. now owns 661,600 shares of the technology company’s stock worth $1,389,000 after buying an additional 472,480 shares during the period. Finally, Systematic Financial Management LP raised its holdings in shares of DHI Group by 9.7% in the third quarter. Systematic Financial Management LP now owns 469,147 shares of the technology company’s stock worth $985,000 after buying an additional 41,360 shares during the period. Hedge funds and other institutional investors own 65.28% of the company’s stock.

DHI Group Company Profile

DHI Group, Inc provides data, insights, and connections services to professional communities in the United States and internationally. The company operates Dice that offers job postings of technology and non-technology companies for industries, such as positions for software engineers, big data professionals, systems administrators, database specialists, project managers, and other technology and engineering professionals; and ClearanceJobs, an Internet-based career network, which matches security-cleared professionals with hiring companies searching for employees.

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