DHI Group, Inc. (NYSE:DHX) Stock Has Average Price Target of $6.75 According to Analysts

DHI Group, Inc. (NYSE:DHX) has been assigned a consensus recommendation of “Moderate Buy” from the five brokerages that are covering the company, MarketBeat.com reports. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 12-month price target among brokerages that have covered the stock in the last year is $6.75.

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

Hedge Funds Weigh In On DHI Group

Several hedge funds and other institutional investors have recently bought and sold shares of DHX. D Orazio & Associates Inc. purchased a new position in DHI Group in the 3rd quarter worth approximately $103,000. Keel Point LLC acquired a new stake in DHI Group in the first quarter valued at approximately $123,000. OMERS ADMINISTRATION Corp acquired a new stake in DHI Group in the first quarter valued at approximately $166,000. Walleye Capital LLC purchased a new stake in shares of DHI Group during the second quarter valued at approximately $172,000. Finally, Bank of America Corp DE purchased a new position in shares of DHI Group in the second quarter valued at $189,000. 69.26% of the stock is owned by institutional investors and hedge funds.

DHI Group Trading Down 5.9%

Shares of DHX stock opened at $4.62 on Thursday. The company has a quick ratio of 0.44, a current ratio of 0.44 and a debt-to-equity ratio of 0.34. DHI Group has a fifty-two week low of $1.44 and a fifty-two week high of $5.19. The firm’s 50 day moving average price is $4.71 and its two-hundred day moving average price is $3.55. The stock has a market cap of $200.69 million, a price-to-earnings ratio of 154.12 and a beta of 1.29.

DHI Group (NYSE:DHX) last released its quarterly earnings data on Wednesday, November 4th. The technology company reported $0.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.04 by $0.06. DHI Group had a net margin of 0.97% and a return on equity of 13.01%. The company had revenue of $32.24 million during the quarter, compared to analyst estimates of $31.13 million. On average, analysts anticipate that DHI Group will post 0.27 EPS for the current year.

About DHI Group

DHI Group, Inc (NYSE: DHX) is a provider of specialized career marketplaces and recruiting solutions. The company connects employers with highly skilled professionals, with a primary focus on technology and security-cleared talent.

Its principal brands include Dice, a career platform serving technology professionals and employers, and ClearanceJobs, a marketplace focused on professionals who hold or are eligible for U.S. government security clearances. The company’s services include job postings, candidate sourcing, recruitment advertising, employer branding, and related data and analytics tools.

DHI Group was formerly known as Dice Holdings and adopted its current name in 2015.