DHI Group, Inc. (NYSE:DHX) Given Average Recommendation of “Hold” by Brokerages

Shares of DHI Group, Inc. (NYSE:DHXGet Free Report) have earned a consensus recommendation of “Hold” from the five ratings firms that are currently covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and two have assigned a buy recommendation to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $5.8333.

A number of equities research analysts recently issued reports on the stock. Weiss Ratings cut shares of DHI Group from a “sell (d)” rating to a “sell (d-)” rating in a research note on Monday, May 18th. Barrington Research reissued an “outperform” rating and issued a $10.00 price target on shares of DHI Group in a research note on Monday, May 18th. Lake Street Capital restated a “hold” rating and issued a $3.00 price objective on shares of DHI Group in a report on Wednesday, May 6th. Wall Street Zen upgraded DHI Group from a “hold” rating to a “strong-buy” rating in a report on Saturday, May 9th. Finally, B. Riley Financial initiated coverage on DHI Group in a report on Thursday, May 14th. They issued a “buy” rating and a $4.50 price objective on the stock.

Get Our Latest Research Report on DHI Group

Insiders Place Their Bets

In other DHI Group news, Director Kathleen M. Swann sold 20,000 shares of the firm’s stock in a transaction on Monday, May 11th. The stock was sold at an average price of $3.83, for a total value of $76,600.00. Following the transaction, the director owned 193,154 shares in the company, valued at approximately $739,779.82. This trade represents a 9.38% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Joseph G. Massaquoi, Jr. sold 26,611 shares of the firm’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 completion of the transaction, the director owned 137,653 shares in the company, valued at $425,347.77. The trade was a 16.20% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 16.20% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Prudential Financial Inc. purchased a new position in DHI Group in the 2nd quarter valued at $33,000. Invesco Ltd. purchased a new position in shares of DHI Group during the 2nd quarter worth $45,000. Jacobs Levy Equity Management Inc. purchased a new position in shares of DHI Group during the 3rd quarter worth $49,000. Cubist Systematic Strategies LLC raised its holdings in shares of 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 acquiring an additional 15,089 shares during the period. Finally, JPMorgan Chase & Co. raised its holdings in shares of 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 acquiring an additional 20,045 shares during the period. Hedge funds and other institutional investors own 69.26% of the company’s stock.

DHI Group Price Performance

DHI Group stock opened at $3.54 on Monday. The company’s fifty day moving average price is $3.26 and its 200 day moving average price is $2.48. DHI Group has a 1 year low of $1.44 and a 1 year high of $4.10. The stock has a market capitalization of $152.97 million, a P/E ratio of -70.81 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 (NYSE:DHXGet Free Report) last released its quarterly earnings results 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. DHI Group had a negative net margin of 1.78% and a positive return on equity of 11.60%. The firm had revenue of $29.69 million for the quarter, compared to analysts’ expectations of $29.05 million. As a group, equities research analysts anticipate that DHI Group will post 0.24 earnings per share for the current fiscal year.

About DHI Group

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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.

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Analyst Recommendations for DHI Group (NYSE:DHX)

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