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

DHI Group, Inc. (NYSE:DHX) has been assigned an average recommendation of “Moderate Buy” from the five brokerages that are presently covering the company, Marketbeat reports. Two 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 target among analysts that have updated their coverage on the stock in the last year is $6.75.

DHX has been the subject of several recent analyst reports. Lake Street Capital upgraded shares of DHI Group from a “hold” rating to a “buy” rating and set a $5.00 price objective for the company in a research note on Thursday, August 6th. Weiss Ratings upgraded shares of DHI Group from a “sell (d-)” rating to a “hold (c-)” rating in a research report on Wednesday, August 12th. Zacks Research lowered shares of DHI Group from a “strong-buy” rating to a “hold” rating in a research report on Thursday, August 6th. Finally, B. Riley Financial increased their target price 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.

Hedge Funds Weigh In On DHI Group

Several hedge funds have recently bought and sold shares of the company. Tieton Capital Management LLC acquired a new position in DHI Group during the second quarter worth $11,744,000. Nantahala Capital Management LLC acquired a new stake in DHI Group in the second quarter valued at $8,807,640. Sei Investments Co. grew 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 purchasing an additional 940,667 shares during the last quarter. BlackRock Inc. purchased a new position in shares of DHI Group in the second quarter valued at $3,033,000. Finally, AWM Investment Company Inc. purchased a new position in shares of DHI Group in the second quarter valued at $1,846,000. 69.26% of the stock is owned by hedge funds and other institutional investors.

DHI Group Trading Down 0.3%

Shares of DHX stock opened at $4.89 on Wednesday. The business’s fifty day moving average price is $4.23 and its 200 day moving average price is $3.57. The firm has a market capitalization of $212.15 million, a PE ratio of 162.92 and a beta of 1.19. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.44 and a quick ratio of 0.44. DHI Group has a 1-year low of $1.44 and a 1-year high of $5.19.

DHI Group (NYSE:DHX) last released its earnings results on Wednesday, August 5th. The technology company reported $0.09 EPS for the quarter, beating analysts’ consensus estimates of $0.04 by $0.05. The company had revenue of $31.34 million during the quarter, compared to the consensus estimate of $30.88 million. DHI Group had a return on equity of 13.01% and a net margin of 0.97%. As a group, sell-side analysts forecast that DHI Group will post 0.27 EPS for the current fiscal 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.