Brokerages Set DHI Group, Inc. (NYSE:DHX) Price Target at $4.50

DHI Group, Inc. (NYSE:DHX) has received an average recommendation of “Hold” from the five research firms that are covering the stock, Marketbeat Ratings 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 12-month price target among brokerages that have updated their coverage on the stock in the last year is $4.50.

DHX has been the subject of a number of recent analyst reports. Weiss Ratings reaffirmed a “sell (d)” rating on shares of DHI Group in a report on Wednesday, October 8th. Lake Street Capital cut DHI Group from a “buy” rating to a “hold” rating and set a $3.00 target price on the stock. in a research report on Thursday, August 7th. Finally, Zacks Research cut DHI Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 6th.

DHI Group Trading Down 2.0%

Shares of DHI Group stock opened at $1.99 on Tuesday. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.42 and a quick ratio of 0.42. The firm has a fifty day moving average price of $2.57 and a 200 day moving average price of $2.39. DHI Group has a 1 year low of $1.21 and a 1 year high of $3.34. The stock has a market cap of $95.54 million, a PE ratio of -9.48 and a beta of 1.53.

Institutional Investors Weigh In On DHI Group

Institutional investors have recently modified their holdings of the business. Kazazian Asset Management LLC acquired a new stake in shares of DHI Group during the 1st quarter valued at about $78,000. Goldman Sachs Group Inc. increased its stake in shares of DHI Group by 37.6% during the first quarter. Goldman Sachs Group Inc. now owns 316,808 shares of the technology company’s stock worth $440,000 after purchasing an additional 86,631 shares in the last quarter. OMERS ADMINISTRATION Corp purchased a new stake in shares of DHI Group during the first quarter worth about $105,000. Gagnon Securities LLC increased its stake in shares of DHI Group by 15.0% during the first quarter. Gagnon Securities LLC now owns 57,244 shares of the technology company’s stock worth $80,000 after purchasing an additional 7,460 shares in the last quarter. Finally, Acadian Asset Management LLC increased its stake in shares of DHI Group by 5.6% during the first quarter. Acadian Asset Management LLC now owns 1,562,060 shares of the technology company’s stock worth $2,168,000 after purchasing an additional 82,456 shares in the last quarter. 69.26% of the stock is currently owned by institutional investors and hedge funds.

DHI Group Company Profile

DHI Group, Inc provides data, insights, and employment connections through specialized services for technology professionals and other select online communities in the United States. Its solutions include talent profiles; job postings; employer branding; and other services comprising virtual and live career events, sourcing services, and content and data services that provides tailored content to help professionals manage their careers and provide employers insight into recruiting strategies and trends.