DHI Group, Inc. (NYSE:DHX) Given Consensus Recommendation of "Moderate Buy" by Brokerages

Key Points

• DHI Group received a “Moderate Buy” consensus rating from five analysts, with three buys and two holds. The average 12-month price target is $6.75, compared with the reported share price of $4.20.
• Institutional investors hold 69.26% of DHX shares, with several hedge funds recently initiating or increasing positions, including Sei Investments, Tieton Capital Management and Assenagon Asset Management.
• DHI Group exceeded quarterly expectations, reporting $0.09 in earnings per share versus a $0.04 consensus estimate and revenue of $31.34 million versus $30.88 million expected.

DHI Group, Inc. (NYSE:DHX - Get Free Report) has been assigned a consensus rating of "Moderate Buy" from the five ratings firms that are currently covering the firm, MarketBeat.com 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 issued a report on the stock in the last year is $6.75.

Several brokerages have recently issued reports on DHX. Wall Street Zen upgraded DHI Group from a "hold" rating to a "strong-buy" rating in a research note on Saturday, May 9th. Barrington Research reiterated an "outperform" rating and issued a $10.00 target price on shares of DHI Group in a research report on Monday, May 18th. B. Riley Financial increased their price target on shares of DHI Group from $4.50 to $5.25 and gave the stock a "buy" rating in a report on Thursday, August 6th. Zacks Research lowered shares of DHI Group from a "strong-buy" rating to a "hold" rating in a research report on Thursday, August 6th. Finally, Weiss Ratings upgraded shares of DHI Group from a "sell (d-)" rating to a "hold (c-)" rating in a research note on Wednesday, August 12th.

Hedge Funds Weigh In On DHI Group

Several hedge funds and other institutional investors have recently made changes to their positions in DHX. Prescott Group Capital Management L.L.C. acquired a new stake in shares of DHI Group in the fourth quarter valued at approximately $299,000. Sei Investments Co. boosted its stake in DHI Group by 108.9% during the first quarter. Sei Investments Co. now owns 1,804,281 shares of the technology company's stock worth $5,070,000 after buying an additional 940,667 shares during the last quarter. Tieton Capital Management LLC purchased a new stake in DHI Group in the 2nd quarter valued at $11,744,000. North Star Investment Management Corp. purchased a new stake in DHI Group in the 1st quarter valued at $801,000. Finally, Assenagon Asset Management S.A. increased its stake in shares of DHI Group by 535.2% in the 1st quarter. Assenagon Asset Management S.A. now owns 288,135 shares of the technology company's stock worth $810,000 after acquiring an additional 242,771 shares during the last quarter. Hedge funds and other institutional investors own 69.26% of the company's stock.

DHI Group Price Performance

DHI Group stock opened at $4.20 on Friday. The firm has a 50-day moving average price of $3.92 and a 200-day moving average price of $3.26. The firm has a market capitalization of $182.38 million, a PE ratio of 140.05 and a beta of 1.21. The company has a current ratio of 0.44, a quick ratio of 0.44 and a debt-to-equity ratio of 0.34. DHI Group has a 12-month low of $1.44 and a 12-month high of $4.50.

DHI Group (NYSE:DHX - Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The technology company reported $0.09 EPS for the quarter, beating the consensus estimate of $0.04 by $0.05. The firm had revenue of $31.34 million for the quarter, compared to analyst estimates of $30.88 million. DHI Group had a return on equity of 13.01% and a net margin of 0.97%. As a group, equities research analysts forecast that DHI Group will post 0.27 EPS for the current 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.

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