DHI Group, Inc. (NYSE:DHX) Receives Average Rating of “Moderate Buy” from Analysts

DHI Group, Inc. (NYSE:DHX) has been assigned a consensus recommendation of “Moderate Buy” from the five brokerages that are currently covering the company, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $6.75.

Several equities research analysts recently weighed in on the stock. Weiss Ratings upgraded shares of DHI Group from a “sell (d-)” rating to a “hold (c-)” rating in a research note on Wednesday, August 12th. B. Riley Financial lifted their target price on DHI Group from $4.50 to $5.25 and gave the company a “buy” rating in a research note on Thursday, August 6th. Lake Street Capital raised 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. Finally, Zacks Research cut DHI Group from a “strong-buy” rating to a “hold” rating in a research report on Thursday, August 6th.

DHI Group Stock Up 2.0%

Shares of DHI Group stock opened at $4.90 on Wednesday. The company has a quick ratio of 0.44, a current ratio of 0.44 and a debt-to-equity ratio of 0.34. The firm has a market cap of $212.63 million, a P/E ratio of 163.29 and a beta of 1.19. DHI Group has a fifty-two week low of $1.44 and a fifty-two week high of $4.95. The business has a 50-day moving average price of $4.17 and a 200 day moving average price of $3.52.

DHI Group (NYSE:DHX) last announced its quarterly earnings data on Wednesday, August 5th. The technology company reported $0.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.04 by $0.05. The firm had revenue of $31.34 million for 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, sell-side analysts forecast that DHI Group will post 0.27 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the stock. Keel Point LLC acquired a new position in shares of DHI Group during the first quarter valued at $123,000. Walleye Capital LLC acquired a new stake in shares of DHI Group in the 2nd quarter worth about $172,000. Bank of America Corp DE acquired a new stake in shares of DHI Group in the 2nd quarter worth about $189,000. Hsbc Holdings PLC bought a new stake in DHI Group in the 2nd quarter valued at about $206,000. Finally, OMERS ADMINISTRATION Corp bought a new stake in DHI Group in the 1st quarter valued at about $166,000. 69.26% of the stock is currently owned by institutional investors.

DHI Group Company Profile

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.