DHI Group, Inc. (NYSE:DHX) Receives $5.83 Consensus PT from Analysts

DHI Group, Inc. (NYSE:DHX) has been given a consensus recommendation of “Moderate Buy” by the five ratings firms that are currently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, one has issued a hold recommendation, two have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $5.8333.

A number of research analysts have commented on the company. Zacks Research raised DHI Group from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, July 8th. B. Riley Financial started coverage on DHI Group in a research report on Thursday, May 14th. They issued a “buy” rating and a $4.50 target price for the company. Barrington Research reiterated an “outperform” rating and issued a $10.00 price target on shares of DHI Group in a research note on Monday, May 18th. Weiss Ratings cut DHI Group from a “sell (d)” rating to a “sell (d-)” rating in a research note on Monday, May 18th. Finally, Wall Street Zen raised shares of DHI Group from a “hold” rating to a “strong-buy” rating in a report on Saturday, May 9th.

Insider Transactions at DHI Group

In other DHI Group news, Director Kathleen M. Swann sold 20,000 shares of the firm’s stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $3.83, for a total transaction of $76,600.00. Following the sale, the director owned 193,154 shares in the company, valued at approximately $739,779.82. This trade represents a 9.38% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Joseph G. Massaquoi, Jr. sold 26,611 shares of DHI Group stock in a transaction on Friday, May 8th. The shares were sold at an average price of $3.09, for a total transaction of $82,227.99. Following the transaction, the director owned 137,653 shares in the company, valued at approximately $425,347.77. This trade represents a 16.20% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 16.20% of the stock is currently owned by corporate insiders.

Institutional Trading of DHI Group

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Cubist Systematic Strategies LLC lifted its stake in DHI Group by 258.8% in the 1st quarter. Cubist Systematic Strategies LLC now owns 20,920 shares of the technology company’s stock worth $29,000 after purchasing an additional 15,089 shares in the last quarter. Prudential Financial Inc. purchased a new position in shares of DHI Group during the second quarter valued at about $33,000. Invesco Ltd. purchased a new position in shares of DHI Group during the second quarter valued at about $45,000. Jacobs Levy Equity Management Inc. bought a new stake in shares of DHI Group in the third quarter worth about $49,000. Finally, NewEdge Advisors LLC increased its holdings in shares of DHI Group by 122.3% in the first quarter. NewEdge Advisors LLC now owns 40,716 shares of the technology company’s stock worth $57,000 after purchasing an additional 22,399 shares during the last quarter. Institutional investors own 69.26% of the company’s stock.

DHI Group Trading Up 2.4%

Shares of DHX opened at $4.18 on Tuesday. The stock has a market capitalization of $180.45 million, a P/E ratio of -83.52 and a beta of 1.24. 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 firm has a fifty day simple moving average of $3.80 and a two-hundred day simple moving average of $3.01. DHI Group has a twelve month low of $1.44 and a twelve month high of $4.33.

DHI Group (NYSE:DHX) last announced its quarterly earnings results on Tuesday, May 5th. The technology company reported $0.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.04 by $0.04. The business had revenue of $29.69 million for 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%. On average, research analysts anticipate that DHI Group will post 0.24 EPS for the current year.

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.