DHI Group, Inc. (NYSE:DHX) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of DHI Group, Inc. (NYSE:DHX) have been given a consensus recommendation of “Moderate Buy” by the five research firms that are currently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, one has given a hold recommendation, two have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is $5.8333.

A number of equities research analysts recently weighed in on DHX shares. Zacks Research upgraded shares of DHI Group from a “hold” rating to a “strong-buy” rating in a report on Wednesday. Barrington Research restated an “outperform” rating and issued a $10.00 target price on shares of DHI Group in a research note on Monday, May 18th. Lake Street Capital reaffirmed a “hold” rating and set a $3.00 target price on shares of DHI Group in a research report on Wednesday, May 6th. Wall Street Zen raised shares of DHI Group from a “hold” rating to a “strong-buy” rating in a research note on Saturday, May 9th. Finally, Weiss Ratings downgraded shares of DHI Group from a “sell (d)” rating to a “sell (d-)” rating in a research note on Monday, May 18th.

DHI Group Stock Performance

DHX stock opened at $4.00 on Friday. The company has a quick ratio of 0.44, a current ratio of 0.44 and a debt-to-equity ratio of 0.36. The business’s fifty day simple moving average is $3.59 and its two-hundred day simple moving average is $2.75. DHI Group has a twelve month low of $1.44 and a twelve month high of $4.32. The firm has a market cap of $172.89 million, a price-to-earnings ratio of -80.02 and a beta of 1.24.

DHI Group (NYSE:DHX) last issued 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. The firm had revenue of $29.69 million during the quarter, compared to analyst estimates of $29.05 million. DHI Group had a negative net margin of 1.78% and a positive return on equity of 11.60%. Analysts predict that DHI Group will post 0.24 earnings per share for the current year.

Insider Buying and Selling at DHI Group

In other DHI Group news, Director Joseph G. Massaquoi, Jr. sold 26,611 shares of DHI Group stock in a transaction on Friday, May 8th. The stock was sold at an average price of $3.09, for a total transaction of $82,227.99. Following the completion of the sale, the director directly owned 137,653 shares of the company’s stock, valued at $425,347.77. The trade was a 16.20% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Kathleen M. Swann sold 20,000 shares of the company’s stock in a transaction 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 owned 193,154 shares of the company’s stock, valued at $739,779.82. This represents a 9.38% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 16.20% of the company’s stock.

Institutional Trading of DHI Group

A number of hedge funds have recently added to or reduced their stakes in DHX. Cubist Systematic Strategies LLC grew its holdings 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 acquiring an additional 15,089 shares in the last quarter. NewEdge Advisors LLC raised its holdings in shares of DHI Group by 122.3% in the 1st quarter. NewEdge Advisors LLC now owns 40,716 shares of the technology company’s stock valued at $57,000 after purchasing an additional 22,399 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in shares of DHI Group by 37.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 316,808 shares of the technology company’s stock worth $440,000 after purchasing an additional 86,631 shares during the period. Jane Street Group LLC lifted its position in shares of DHI Group by 229.4% in the 1st quarter. Jane Street Group LLC now owns 96,005 shares of the technology company’s stock worth $133,000 after purchasing an additional 66,861 shares during the period. Finally, Geode Capital Management LLC boosted its stake in shares of DHI Group by 1.2% during the second quarter. Geode Capital Management LLC now owns 361,314 shares of the technology company’s stock valued at $1,073,000 after purchasing an additional 4,188 shares in the last quarter. 69.26% of the stock is owned by hedge funds and other institutional investors.

About DHI Group

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.