Brokerages Set DHI Group, Inc. (NYSE:DHX) PT at $6.75

Shares of DHI Group, Inc. (NYSE:DHX) have been assigned an average rating of “Moderate Buy” from the five analysts that are currently 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 12-month target price among analysts that have covered the stock in the last year is $6.75.

DHX has been the subject of several recent research reports. Wall Street Zen raised DHI Group from a “hold” rating to a “strong-buy” rating in a report on Saturday, May 9th. Weiss Ratings raised DHI Group from a “sell (d-)” rating to a “hold (c-)” rating in a research note on Wednesday, August 12th. B. Riley Financial lifted their price objective on DHI Group from $4.50 to $5.25 and gave the company a “buy” rating in a research report on Thursday, August 6th. Barrington Research reiterated an “outperform” rating and set a $10.00 price objective on shares of DHI Group in a research note 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 report on Thursday, August 6th.

DHI Group Trading Down 0.7%

Shares of DHX stock opened at $4.07 on Friday. DHI Group has a 1 year low of $1.44 and a 1 year high of $4.50. The firm has a fifty day moving average price of $3.98 and a 200-day moving average price of $3.34. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.44 and a quick ratio of 0.44. The company has a market cap of $176.72 million, a price-to-earnings ratio of 135.71 and a beta of 1.21.

DHI Group (NYSE:DHX) last posted its quarterly earnings data on Wednesday, August 5th. The technology company reported $0.09 EPS for the quarter, topping the consensus estimate of $0.04 by $0.05. DHI Group had a return on equity of 13.01% and a net margin of 0.97%.The firm had revenue of $31.34 million during the quarter, compared to analyst estimates of $30.88 million. As a group, equities analysts predict that DHI Group will post 0.27 earnings per share for the current year.

Institutional Trading of DHI Group

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Nantahala Capital Management LLC bought a new stake in shares of DHI Group during the 2nd quarter valued at $8,807,640. Empowered Funds LLC purchased a new position in shares of DHI Group during the 2nd quarter valued at $299,000. Bank of America Corp DE bought a new position in DHI Group in the 2nd quarter worth $189,000. AWM Investment Company Inc. bought a new position in DHI Group in the 2nd quarter worth $1,846,000. Finally, Hsbc Holdings PLC purchased a new stake in DHI Group in the 2nd quarter worth $206,000. 69.26% of the stock is owned by hedge funds and other institutional investors.

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.