DHI Group’s (DHX) Outperform Rating Reaffirmed at Barrington Research

DHI Group (NYSE:DHX)‘s stock had its “outperform” rating restated by analysts at Barrington Research in a research report issued to clients and investors on Monday, Benzinga reports. They presently have a $7.00 price target on the technology company’s stock. Barrington Research’s target price would indicate a potential upside of 166.16% from the company’s previous close.

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

DHI Group Stock Down 1.1 %

DHI Group stock traded down $0.03 during midday trading on Monday, hitting $2.63. 5,712 shares of the stock were exchanged, compared to its average volume of 201,463. The company has a 50 day moving average price of $2.53 and a two-hundred day moving average price of $2.49. The firm has a market cap of $126.32 million, a P/E ratio of 33.00 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 company has a debt-to-equity ratio of 0.35, a current ratio of 0.45 and a quick ratio of 0.45.

DHI Group (NYSE:DHX) last released its earnings results on Wednesday, February 7th. The technology company reported $0.04 earnings per share for the quarter, missing the consensus estimate of $0.05 by ($0.01). The company had revenue of $37.29 million during the quarter, compared to the consensus estimate of $35.82 million. DHI Group had a return on equity of 3.78% and a net margin of 2.30%. On average, sell-side analysts predict that DHI Group will post 0.17 earnings per share for the current fiscal year.

Institutional Investors Weigh In On DHI Group

A number of institutional investors have recently modified their holdings of the business. SG Americas Securities LLC acquired a new position in DHI Group during the 3rd quarter valued at about $58,000. Pacific Ridge Capital Partners LLC acquired a new position in DHI Group during the 3rd quarter valued at about $468,000. Mackenzie Financial Corp acquired a new position in DHI Group during the 3rd quarter valued at about $36,000. Hennion & Walsh Asset Management Inc. boosted its stake in DHI Group by 133.7% during the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 69,210 shares of the technology company’s stock valued at $212,000 after purchasing an additional 39,591 shares during the period. Finally, WINTON GROUP Ltd boosted its stake in DHI Group by 133.9% during the 3rd quarter. WINTON GROUP Ltd now owns 28,926 shares of the technology company’s stock valued at $89,000 after purchasing an additional 16,559 shares during the period. Institutional investors own 69.26% of the company’s stock.

About DHI Group

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.