DHI Group, Inc. (NYSE:DHX) Receives $5.83 Average Price Target from Brokerages

Shares of DHI Group, Inc. (NYSE:DHX) have been given a consensus recommendation of “Hold” by the five ratings firms that are presently covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $5.8333.

Several analysts have weighed in on the company. Lake Street Capital reaffirmed a “hold” rating and issued a $3.00 price target on shares of DHI Group in a report on Wednesday, May 6th. Barrington Research reissued an “outperform” rating and issued a $10.00 price target on shares of DHI Group in a research note on Monday, May 18th. Wall Street Zen upgraded DHI Group from a “hold” rating to a “strong-buy” rating in a research report on Saturday, May 9th. B. Riley Financial began coverage on shares of DHI Group in a research report on Thursday, May 14th. They issued a “buy” rating and a $4.50 target price on the stock. Finally, Weiss Ratings cut DHI Group from a “sell (d)” rating to a “sell (d-)” rating in a research note on Monday, May 18th.

Insider Activity at DHI Group

In other news, Director Joseph G. Massaquoi, Jr. sold 26,611 shares of the stock in a transaction that occurred 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 owned 137,653 shares of the company’s stock, valued at approximately $425,347.77. This represents a 16.20% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through 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 firm’s stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $3.83, for a total transaction of $76,600.00. Following the completion of the transaction, the director owned 193,154 shares in the company, valued at $739,779.82. This represents a 9.38% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 16.20% of the company’s stock.

Institutional Trading of DHI Group

A number of institutional investors have recently modified their holdings of the company. Cubist Systematic Strategies LLC raised its position 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 valued at $29,000 after purchasing an additional 15,089 shares during the last quarter. Prudential Financial Inc. bought a new stake in shares of DHI Group in the 2nd quarter worth approximately $33,000. Invesco Ltd. purchased a new position in shares of DHI Group during the second quarter valued at approximately $45,000. Jacobs Levy Equity Management Inc. purchased a new position in shares of DHI Group during the third quarter valued at approximately $49,000. Finally, NewEdge Advisors LLC raised its holdings in shares of DHI Group by 122.3% during the first quarter. NewEdge Advisors LLC now owns 40,716 shares of the technology company’s stock valued at $57,000 after acquiring an additional 22,399 shares in the last quarter. 69.26% of the stock is currently owned by hedge funds and other institutional investors.

DHI Group Price Performance

DHX stock opened at $3.94 on Friday. The firm has a 50 day moving average of $3.53 and a 200-day moving average of $2.72. The company has a current ratio of 0.44, a quick ratio of 0.44 and a debt-to-equity ratio of 0.36. DHI Group has a 12 month low of $1.44 and a 12 month high of $4.20. The firm has a market capitalization of $170.21 million, a P/E ratio of -78.78 and a beta of 1.24.

DHI Group (NYSE:DHX) last posted its earnings results on Tuesday, May 5th. The technology company reported $0.08 earnings per share for the quarter, topping 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 business had revenue of $29.69 million for the quarter, compared to analyst estimates of $29.05 million. As a group, sell-side analysts predict that DHI Group will post 0.24 earnings per share for the current fiscal year.

DHI Group Company Profile

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.