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

Shares of DHI Group, Inc. (NYSE:DHX) have received a consensus rating of “Moderate Buy” from the five ratings firms that are currently covering the company, Marketbeat reports. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 12-month price objective among brokers that have covered the stock in the last year is $6.75.

A number of research analysts have recently commented on DHX shares. Lake Street Capital raised shares of DHI Group from a “hold” rating to a “buy” rating and set a $5.00 price objective for the company in a research note on Thursday, August 6th. Weiss Ratings raised shares of DHI Group from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, October 8th. 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. Finally, Zacks Research downgraded shares of DHI Group from a “strong-buy” rating to a “hold” rating in a research note on Thursday, August 6th.

DHI Group Stock Performance

DHI Group stock opened at $4.62 on Thursday. The firm has a market capitalization of $200.69 million, a P/E ratio of 154.12 and a beta of 1.29. The stock has a fifty day moving average price of $4.71 and a 200 day moving average price of $3.55. DHI Group has a 52 week low of $1.44 and a 52 week high of $5.19. The company has a current ratio of 0.44, a quick ratio of 0.44 and a debt-to-equity ratio of 0.34.

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

Institutional Trading of DHI Group

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Tieton Capital Management LLC acquired a new position in DHI Group in the second quarter valued at $11,744,000. Nantahala Capital Management LLC purchased a new stake in DHI Group during the second quarter valued at about $8,807,640. Sei Investments Co. increased its stake in DHI Group by 108.9% during the first quarter. Sei Investments Co. now owns 1,804,281 shares of the technology company’s stock worth $5,070,000 after acquiring an additional 940,667 shares during the last quarter. BlackRock Inc. acquired a new stake in DHI Group during the second quarter worth about $3,033,000. Finally, AWM Investment Company Inc. acquired a new stake in DHI Group during the second quarter worth about $1,846,000. 69.26% of the stock is currently owned by institutional investors and hedge funds.

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.