DHI Group, Inc. (NYSE:DHX) Stock Has Consensus Target Price of $6.75

DHI Group, Inc. (NYSE:DHX) has been given a consensus rating of “Moderate Buy” by the five analysts that are currently covering the stock, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $6.75.

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

Hedge Funds Weigh In On DHI Group

Institutional investors have recently made changes to their positions in the stock. NewEdge Advisors LLC bought a new position in shares of DHI Group during the second quarter worth about $588,000. Nantahala Capital Management LLC bought a new position in DHI Group in the 2nd quarter worth about $8,807,640. Empowered Funds LLC bought a new position in DHI Group in the 2nd quarter worth about $299,000. Bank of America Corp DE bought a new position in DHI Group in the 2nd quarter worth about $189,000. Finally, AWM Investment Company Inc. acquired a new stake in shares of DHI Group in the second quarter valued at approximately $1,846,000. 69.26% of the stock is owned by institutional investors.

DHI Group Stock Down 3.2%

NYSE:DHX opened at $4.83 on Friday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.44 and a current ratio of 0.44. The company has a market capitalization of $209.63 million, a price-to-earnings ratio of 160.99 and a beta of 1.24. DHI Group has a one year low of $1.44 and a one year high of $5.19. The stock has a 50-day simple moving average of $4.54 and a 200 day simple moving average of $3.88.

DHI Group (NYSE:DHX) last announced its quarterly earnings data on Wednesday, August 5th. The technology company reported $0.09 earnings per share (EPS) for the quarter, beating 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 for the quarter, compared to analysts’ expectations of $30.88 million. Sell-side analysts predict that DHI Group will post 0.27 EPS for the current fiscal year.

DHI Group Company Profile

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.