DHI Group (NYSE:DHX – Get Free Report) was downgraded by equities researchers at StockNews.com from a “strong-buy” rating to a “buy” rating in a research note issued to investors on Friday.
Separately, Barrington Research restated an “outperform” rating and set a $7.00 price target on shares of DHI Group in a report on Thursday, February 8th.
DHI Group Price Performance
DHX stock traded up $0.02 during mid-day trading on Friday, hitting $2.58. 209,394 shares of the stock were exchanged, compared to its average volume of 192,471. The business has a fifty day moving average price of $2.50 and a 200 day moving average price of $2.62. DHI Group has a 12 month low of $1.97 and a 12 month 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. The stock has a market capitalization of $123.92 million, a price-to-earnings ratio of 32.25 and a beta of 1.00.
DHI Group (NYSE:DHX – Get Free Report) last issued its earnings results on Wednesday, February 7th. The technology company reported $0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.05 by ($0.01). The firm had revenue of $37.29 million during the quarter, compared to analysts’ expectations 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 anticipate that DHI Group will post 0.17 EPS for the current year.
Institutional Investors Weigh In On DHI Group
Hedge funds and other institutional investors have recently bought and sold shares of the business. Dimensional Fund Advisors LP grew its position in DHI Group by 0.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 4,022,237 shares of the technology company’s stock valued at $15,606,000 after purchasing an additional 32,301 shares during the last quarter. Nantahala Capital Management LLC increased its holdings in DHI Group by 3.3% in the 1st quarter. Nantahala Capital Management LLC now owns 3,847,769 shares of the technology company’s stock worth $22,894,000 after acquiring an additional 121,585 shares in the last quarter. BlackRock Inc. increased its stake in shares of DHI Group by 10.7% in the second quarter. BlackRock Inc. now owns 3,070,261 shares of the technology company’s stock worth $11,759,000 after purchasing an additional 295,985 shares in the last quarter. Vanguard Group Inc. raised its position in shares of DHI Group by 0.5% during the 4th quarter. Vanguard Group Inc. now owns 2,612,271 shares of the technology company’s stock valued at $6,766,000 after purchasing an additional 13,667 shares during the period. Finally, Punch & Associates Investment Management Inc. lifted its position in shares of DHI Group by 0.3% in the first quarter. Punch & Associates Investment Management Inc. now owns 2,503,930 shares of the technology company’s stock valued at $9,715,000 after acquiring an additional 6,500 shares in the last quarter. Hedge funds and other institutional investors own 70.77% 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.