DHI Group (NYSE:DHX) Stock Rating Lowered by Zacks Research

DHI Group (NYSE:DHXGet Free Report) was downgraded by Zacks Research from a “strong-buy” rating to a “hold” rating in a research note issued to investors on Thursday,Zacks.com reports.

Several other analysts also recently issued reports on DHX. B. Riley Financial lifted their price target on shares of DHI Group from $4.50 to $5.25 and gave the company a “buy” rating in a research report on Thursday. Barrington Research restated an “outperform” rating and set a $10.00 price objective on shares of DHI Group in a report on Monday, May 18th. Wall Street Zen raised shares of DHI Group from a “hold” rating to a “strong-buy” rating in a research note on Saturday, May 9th. Weiss Ratings cut shares of DHI Group from a “sell (d)” rating to a “sell (d-)” rating in a report on Monday, May 18th. Finally, Lake Street Capital raised shares of DHI Group from a “hold” rating to a “buy” rating and set a $5.00 target price for the company in a research report on Thursday. Three equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $6.75.

Read Our Latest Report on DHX

DHI Group Stock Down 5.2%

Shares of NYSE:DHX opened at $3.92 on Thursday. The business’s 50 day simple moving average is $3.84 and its two-hundred day simple moving average is $3.10. The firm has a market cap of $169.21 million, a P/E ratio of 130.61 and a beta of 1.21. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.44 and a current ratio of 0.44. DHI Group has a 52-week low of $1.44 and a 52-week high of $4.45.

DHI Group (NYSE:DHXGet Free Report) last announced its quarterly earnings data 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 firm had revenue of $31.34 million during 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%. As a group, research analysts forecast that DHI Group will post 0.24 EPS for the current fiscal year.

Insider Buying and Selling at DHI Group

In related news, Director Kathleen M. Swann sold 20,000 shares of DHI Group stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $3.83, for a total transaction of $76,600.00. Following the transaction, the director owned 193,154 shares of the company’s stock, valued at $739,779.82. The trade was a 9.38% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 16.20% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On DHI Group

A number of institutional investors and hedge funds have recently bought and sold shares of DHX. Cubist Systematic Strategies LLC boosted its holdings 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 acquiring an additional 15,089 shares during the last quarter. Prudential Financial Inc. purchased a new stake in shares of DHI Group in the second quarter valued at about $33,000. Invesco Ltd. purchased a new stake in shares of DHI Group in the second quarter valued at about $45,000. Jacobs Levy Equity Management Inc. bought a new position in shares of DHI Group during the third quarter valued at about $49,000. Finally, NewEdge Advisors LLC lifted its position in shares of DHI Group by 122.3% during the first quarter. NewEdge Advisors LLC now owns 40,716 shares of the technology company’s stock valued at $57,000 after purchasing an additional 22,399 shares in the last quarter. 69.26% of the stock is owned by hedge funds and other institutional investors.

DHI Group Company Profile

(Get Free Report)

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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