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

DHI Group, Inc. (NYSE:DHX) has received an average rating of “Hold” from the five ratings firms that are covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and two have given a buy recommendation to the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $5.8333.

DHX has been the subject of a number of research analyst reports. Weiss Ratings cut shares of DHI Group from a “sell (d)” rating to a “sell (d-)” rating in a research report on Monday, May 18th. Barrington Research reissued an “outperform” rating and set a $10.00 target price on shares of DHI Group in a research note on Monday, May 18th. Wall Street Zen upgraded shares of DHI Group from a “hold” rating to a “strong-buy” rating in a research report on Saturday, May 9th. Zacks Research lowered shares of DHI Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 6th. Finally, B. Riley Financial assumed 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.

DHI Group Trading Down 1.8%

Shares of DHX stock opened at $3.73 on Friday. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.44 and a quick ratio of 0.44. The company has a market cap of $161.27 million, a price-to-earnings ratio of -74.65 and a beta of 1.24. The stock has a 50 day simple moving average of $3.47 and a 200-day simple moving average of $2.67. DHI Group has a 1-year low of $1.44 and a 1-year high of $4.10.

DHI Group (NYSE:DHX) last announced its 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 positive return on equity of 11.60% and a negative net margin of 1.78%.The firm had revenue of $29.69 million for the quarter, compared to analyst estimates of $29.05 million. On average, equities research analysts expect that DHI Group will post 0.24 EPS for the current fiscal year.

Insider Buying and Selling

In other news, Director Joseph G. Massaquoi, Jr. sold 26,611 shares of the firm’s stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $3.09, for a total value of $82,227.99. Following the transaction, the director owned 137,653 shares in the company, valued at $425,347.77. This trade represents a 16.20% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 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 that occurred 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 completion of the sale, the director directly owned 193,154 shares in the company, valued at $739,779.82. This represents a 9.38% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 16.20% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in DHX. Cubist Systematic Strategies LLC boosted its stake 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 during the last quarter. Prudential Financial Inc. purchased a new stake in shares of DHI Group during the second quarter worth $33,000. Invesco Ltd. acquired a new stake in shares of DHI Group in the second quarter valued at about $45,000. Jacobs Levy Equity Management Inc. acquired a new stake in shares of DHI Group in the third quarter valued at about $49,000. Finally, NewEdge Advisors LLC lifted its stake in shares of DHI Group by 122.3% in the first quarter. NewEdge Advisors LLC now owns 40,716 shares of the technology company’s stock worth $57,000 after buying an additional 22,399 shares in the last quarter. Hedge funds and other institutional investors own 69.26% of the company’s stock.

DHI Group Company Profile

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.