DHI Group, Inc. (NYSE:DHX) Receives Consensus Recommendation of “Hold” from Analysts

DHI Group, Inc. (NYSE:DHX) has earned an average recommendation of “Hold” from the five ratings firms that are currently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and two have issued a buy recommendation on the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $5.8333.

Several research analysts have recently issued reports on DHX shares. Wall Street Zen raised DHI Group from a “hold” rating to a “strong-buy” rating in a research note on Saturday, May 9th. B. Riley Financial started coverage on DHI Group in a research note on Thursday, May 14th. They set a “buy” rating and a $4.50 price target for the company. Zacks Research downgraded DHI Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 6th. Barrington Research reaffirmed an “outperform” rating and set a $10.00 price target on shares of DHI Group in a research note on Monday, May 18th. Finally, Lake Street Capital reaffirmed a “hold” rating and set a $3.00 price target on shares of DHI Group in a research note on Wednesday, May 6th.

DHI Group Price Performance

DHI Group stock opened at $3.37 on Monday. The company has a market cap of $145.63 million, a P/E ratio of -67.41 and a beta of 1.25. 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 has a one year low of $1.44 and a one year high of $4.10. The business has a fifty day moving average of $3.18 and a two-hundred day moving average of $2.42.

DHI Group (NYSE:DHX) last released its quarterly earnings results on Tuesday, May 5th. The technology company reported $0.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.04 by $0.04. The business had revenue of $29.69 million during the quarter, compared to the consensus estimate 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, analysts predict that DHI Group will post 0.24 earnings per share for the current fiscal year.

Insider Buying and Selling at DHI Group

In related news, Director Joseph G. Massaquoi, Jr. sold 26,611 shares of DHI Group stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $3.09, for a total transaction of $82,227.99. Following the completion of the sale, the director owned 137,653 shares in the company, valued at approximately $425,347.77. This trade represents a 16.20% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Kathleen M. Swann sold 20,000 shares of DHI Group stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $3.83, for a total value of $76,600.00. Following the sale, the director owned 193,154 shares of the company’s stock, valued at approximately $739,779.82. This represents a 9.38% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 16.20% of the company’s stock.

Institutional Trading of DHI Group

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Prudential Financial Inc. purchased a new stake in DHI Group during the 2nd quarter worth about $33,000. Invesco Ltd. purchased a new stake in DHI Group during the 2nd quarter worth about $45,000. Jacobs Levy Equity Management Inc. purchased a new stake in DHI Group during the 3rd quarter worth about $49,000. Cubist Systematic Strategies LLC increased its position in DHI Group by 258.8% during the 1st quarter. Cubist Systematic Strategies LLC now owns 20,920 shares of the technology company’s stock worth $29,000 after purchasing an additional 15,089 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its position in DHI Group by 1,940.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 21,078 shares of the technology company’s stock worth $59,000 after purchasing an additional 20,045 shares in the last quarter. Hedge funds and other institutional investors own 69.26% of the company’s stock.

About DHI Group

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.