Barrington Research Reaffirms Outperform Rating for DHI Group (NYSE:DHX)

Barrington Research reaffirmed their outperform rating on shares of DHI Group (NYSE:DHX) in a research report released on Monday, Benzinga reports. The firm currently has a $7.00 target price on the technology company’s stock.

Separately, StockNews.com lowered shares of DHI Group from a strong-buy rating to a buy rating in a research report on Friday, March 22nd.

DHI Group Trading Down 9.8 %

Shares of NYSE:DHX opened at $2.48 on Monday. The stock has a market capitalization of $119.12 million, a PE ratio of 31.00 and a beta of 0.97. DHI Group has a 1 year low of $1.97 and a 1 year high of $4.22. The firm has a fifty day moving average price of $2.53 and a 200 day moving average price of $2.49. The company has a current ratio of 0.45, a quick ratio of 0.45 and a debt-to-equity ratio of 0.35.

DHI Group (NYSE:DHX) last issued its quarterly earnings data on Wednesday, May 8th. The technology company reported $0.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.03 by $0.02. The firm had revenue of $36.03 million during the quarter, compared to analysts’ expectations of $35.97 million. DHI Group had a net margin of 2.30% and a return on equity of 3.78%. During the same period in the prior year, the company posted $0.01 earnings per share. Analysts expect that DHI Group will post 0.17 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Pacific Ridge Capital Partners LLC lifted its position in DHI Group by 26.3% during the 1st quarter. Pacific Ridge Capital Partners LLC now owns 1,653,745 shares of the technology company’s stock worth $4,217,000 after acquiring an additional 344,014 shares during the last quarter. Tieton Capital Management LLC raised its position in shares of DHI Group by 13.3% during the fourth quarter. Tieton Capital Management LLC now owns 1,472,992 shares of the technology company’s stock valued at $3,815,000 after buying an additional 172,637 shares during the last quarter. Franklin Resources Inc. raised its position in shares of DHI Group by 47.5% during the fourth quarter. Franklin Resources Inc. now owns 531,181 shares of the technology company’s stock valued at $1,376,000 after buying an additional 170,964 shares during the last quarter. First Eagle Investment Management LLC raised its position in shares of DHI Group by 145.7% during the first quarter. First Eagle Investment Management LLC now owns 388,449 shares of the technology company’s stock valued at $991,000 after buying an additional 230,323 shares during the last quarter. Finally, Hennion & Walsh Asset Management Inc. raised its position in shares of DHI Group by 133.7% during the third quarter. Hennion & Walsh Asset Management Inc. now owns 69,210 shares of the technology company’s stock valued at $212,000 after buying an additional 39,591 shares during the last quarter. Institutional investors and hedge funds own 69.26% of the company’s stock.

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.