DHI Group, Inc. (NYSE:DHX) Receives Average Rating of "Buy" from Analysts

Key Points

• DHI Group, Inc. has received an average rating of "Buy" from analysts, with one hold, two buy, and one strong buy rating, and a target price of $4.50.
• Institutional investors currently own 69.26% of DHI Group, with notable increases in holdings from Cubist Systematic Strategies and others.
• The company's shares have recently traded down 1.1%, reaching $2.64, and they have a market capitalization of $126.75 million.

Shares of DHI Group, Inc. (NYSE:DHX - Get Free Report) have been assigned an average rating of "Buy" from the four brokerages that are currently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $4.50.

A number of brokerages have issued reports on DHX. Zacks Research upgraded DHI Group from a "hold" rating to a "strong-buy" rating in a research note on Monday, August 18th. Weiss Ratings reiterated a "sell (d)" rating on shares of DHI Group in a research note on Saturday, September 27th. Finally, Lake Street Capital lowered DHI Group from a "buy" rating to a "hold" rating and set a $3.00 target price for the company. in a report on Thursday, August 7th.

Institutional Trading of DHI Group

Institutional investors and hedge funds have recently modified their holdings of the business. Cubist Systematic Strategies LLC grew its holdings in shares of DHI Group by 258.8% in the first quarter. Cubist Systematic Strategies LLC now owns 20,920 shares of the technology company's stock worth $29,000 after acquiring an additional 15,089 shares during the period. Prudential Financial Inc. purchased a new position in DHI Group during the second quarter valued at $33,000. Ritholtz Wealth Management purchased a new position in DHI Group during the first quarter valued at $37,000. Invesco Ltd. purchased a new position in DHI Group during the second quarter valued at $45,000. Finally, NewEdge Advisors LLC lifted its position 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 in the last quarter. Institutional investors own 69.26% of the company's stock.

DHI Group Stock Down 1.1%

Shares of DHX traded down $0.03 on Friday, reaching $2.64. The stock had a trading volume of 102,564 shares, compared to its average volume of 149,327. The company has a 50-day simple moving average of $2.72 and a 200-day simple moving average of $2.30. The firm has a market capitalization of $126.75 million, a price-to-earnings ratio of -12.57 and a beta of 1.53. DHI Group has a 12-month low of $1.21 and a 12-month high of $3.34. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.42 and a current ratio of 0.42.

DHI Group Company Profile

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.

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