Brokerages Set DHI Group, Inc. (NYSE:DHX) PT at $6.75

DHI Group, Inc. (NYSE:DHX) has received an average recommendation of “Moderate Buy” from the five analysts that are currently covering the firm, Marketbeat reports. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $6.75.

DHX has been the subject of several research analyst reports. B. Riley Financial boosted their target price 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. Wall Street Zen raised shares of DHI Group from a “hold” rating to a “strong-buy” rating in a research report on Saturday, May 9th. Lake Street Capital upgraded DHI Group from a “hold” rating to a “buy” rating and set a $5.00 price target for the company in a research note on Thursday, August 6th. Barrington Research reissued an “outperform” rating and issued a $10.00 price objective on shares of DHI Group in a report on Monday, May 18th. Finally, Zacks Research lowered DHI Group from a “strong-buy” rating to a “hold” rating in a report on Thursday, August 6th.

Institutional Investors Weigh In On DHI Group

Institutional investors have recently made changes to their positions in the company. Cubist Systematic Strategies LLC lifted its stake in DHI Group by 258.8% during the first 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 during the last quarter. NewEdge Advisors LLC increased its stake in 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 purchasing an additional 22,399 shares during the last quarter. Goldman Sachs Group Inc. increased its stake in DHI Group by 37.6% during the first quarter. Goldman Sachs Group Inc. now owns 316,808 shares of the technology company’s stock valued at $440,000 after purchasing an additional 86,631 shares during the last quarter. Jane Street Group LLC raised its holdings in shares of DHI Group by 229.4% during the first quarter. Jane Street Group LLC now owns 96,005 shares of the technology company’s stock worth $133,000 after purchasing an additional 66,861 shares during the period. Finally, Geode Capital Management LLC raised its holdings in shares of DHI Group by 1.2% during the second quarter. Geode Capital Management LLC now owns 361,314 shares of the technology company’s stock worth $1,073,000 after purchasing an additional 4,188 shares during the period. 69.26% of the stock is currently owned by institutional investors.

DHI Group Stock Performance

DHI Group stock opened at $4.41 on Friday. DHI Group has a 52 week low of $1.44 and a 52 week high of $4.50. The company has a current ratio of 0.44, a quick ratio of 0.44 and a debt-to-equity ratio of 0.34. The stock has a market cap of $191.48 million, a P/E ratio of 147.05 and a beta of 1.21. The stock has a 50 day moving average of $3.97 and a 200-day moving average of $3.32.

DHI Group (NYSE:DHX) last issued its quarterly earnings results on Wednesday, August 5th. The technology company reported $0.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.04 by $0.05. The business had revenue of $31.34 million during the quarter, compared to analyst estimates of $30.88 million. DHI Group had a net margin of 0.97% and a return on equity of 13.01%. On average, analysts expect that DHI Group will post 0.27 EPS for the current fiscal 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.