DHI Group, Inc. (NYSE:DHX) Stock Now Rated “Moderate Buy” by Wall Street Analysts

DHI Group, Inc. (NYSE:DHX – Get Free Report) has received an average recommendation of “Moderate Buy” from the five ratings firms that are presently covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $6.75.

DHX has been the subject of several analyst reports. Zacks Research downgraded shares of DHI Group from a “strong-buy” rating to a “hold” rating in a report on Thursday, August 6th. Lake Street Capital raised shares of DHI Group from a “hold” rating to a “buy” rating and set a $5.00 price target on the stock in a report on Thursday, August 6th. Weiss Ratings upgraded DHI Group from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, October 8th. Finally, B. Riley Financial increased their price objective on DHI Group from $4.50 to $5.25 and gave the stock a “buy” rating in a research report on Thursday, August 6th.

View Our Latest Analysis on DHI Group

DHI Group Price Performance

DHX stock opened at $4.98 on Friday. The firm has a 50 day moving average of $4.52 and a 200-day moving average of $3.87. The company has a current ratio of 0.44, a quick ratio of 0.44 and a debt-to-equity ratio of 0.34. DHI Group has a 12 month low of $1.44 and a 12 month high of $5.19. The firm has a market capitalization of $216.21 million, a P/E ratio of 166.02 and a beta of 1.24.

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

Hedge Funds Weigh In On DHI Group

A number of institutional investors have recently added to or reduced their stakes in the business. NewEdge Advisors LLC purchased a new position in shares of DHI Group during the second quarter worth about $588,000. Nantahala Capital Management LLC bought a new stake in shares of DHI Group during the 2nd quarter worth $8,807,640. Empowered Funds LLC purchased a new position in DHI Group in the second quarter worth $299,000. Bank of America Corp DE purchased a new position in DHI Group in the second quarter worth $189,000. Finally, AWM Investment Company Inc. purchased a new position in DHI Group in the second quarter worth $1,846,000. 69.26% of the stock is currently owned by institutional investors.

About DHI Group

(Get Free Report)

DHI Group, Inc is a specialized career marketplace and recruiting-services company that connects employers with professionals in technology and national security. Its platforms support job advertising, candidate search, employer branding, recruitment marketing, and related hiring activities.

The company’s principal brands include Dice, which focuses on technology professionals and technology-related employment opportunities, and ClearanceJobs, which serves professionals who hold or seek U.S.

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Analyst Recommendations for DHI Group (NYSE:DHX)

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