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

DHI Group, Inc. (NYSE:DHX) has earned a consensus recommendation of “Hold” from the five analysts that are currently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and two have issued a buy recommendation on the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is $5.8333.

A number of equities research analysts have recently issued reports on DHX shares. Wall Street Zen upgraded shares of DHI Group from a “hold” rating to a “strong-buy” rating in a research report on Saturday, May 9th. Lake Street Capital reiterated a “hold” rating and set a $3.00 price target on shares of DHI Group in a research report on Wednesday, May 6th. B. Riley Financial started coverage on shares of DHI Group in a research report on Thursday, May 14th. They set a “buy” rating and a $4.50 price target for the company. Zacks Research downgraded shares of DHI Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 6th. Finally, Weiss Ratings downgraded shares of DHI Group from a “sell (d)” rating to a “sell (d-)” rating in a research report on Monday, May 18th.

DHI Group Trading Down 0.5%

NYSE DHX opened at $3.54 on Monday. DHI Group has a 52-week low of $1.44 and a 52-week high of $4.10. 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 stock has a market capitalization of $152.97 million, a P/E ratio of -70.81 and a beta of 1.25. The firm has a 50-day moving average price of $3.26 and a 200 day moving average price of $2.48.

DHI Group (NYSE:DHX) last posted its quarterly 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. DHI Group had a negative net margin of 1.78% and a positive return on equity of 11.60%. The company had revenue of $29.69 million during the quarter, compared to the consensus estimate of $29.05 million. Equities research analysts expect that DHI Group will post 0.24 EPS for the current year.

Insider Buying and Selling

In other news, Director Kathleen M. Swann sold 20,000 shares of the stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $3.83, for a total value of $76,600.00. Following the sale, the director directly owned 193,154 shares in the company, valued at $739,779.82. This represents a 9.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Joseph G. Massaquoi, Jr. sold 26,611 shares of the stock in a transaction that occurred 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 completion of the sale, the director owned 137,653 shares in the company, valued at $425,347.77. This represents a 16.20% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 16.20% of the stock is currently owned by company insiders.

Institutional Trading of DHI Group

Several large investors have recently modified their holdings of DHX. Kennedy Capital Management LLC grew its position in shares of DHI Group by 117.5% in the fourth quarter. Kennedy Capital Management LLC now owns 1,828,888 shares of the technology company’s stock valued at $2,835,000 after purchasing an additional 988,188 shares during the last quarter. Sei Investments Co. grew its position in shares of DHI Group by 108.9% in the first quarter. Sei Investments Co. now owns 1,804,281 shares of the technology company’s stock valued at $5,070,000 after purchasing an additional 940,667 shares during the last quarter. Marshall Wace LLP grew its position in shares of DHI Group by 477.6% in the fourth quarter. Marshall Wace LLP now owns 585,360 shares of the technology company’s stock valued at $907,000 after purchasing an additional 484,019 shares during the last quarter. Pacific Ridge Capital Partners LLC grew its position in shares of DHI Group by 10.6% in the fourth quarter. Pacific Ridge Capital Partners LLC now owns 3,438,349 shares of the technology company’s stock valued at $5,329,000 after purchasing an additional 329,214 shares during the last quarter. Finally, Rothschild Wealth LLC acquired a new stake in shares of DHI Group in the fourth quarter valued at approximately $509,000. 69.26% of the stock is currently owned by institutional investors and hedge funds.

About DHI Group

DHI Group, Inc (NYSE: DHX) is a 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.