DHI Group (NYSE:DHX) Raised to Buy at StockNews.com

DHI Group (NYSE:DHXGet Rating) was upgraded by StockNews.com from a “hold” rating to a “buy” rating in a research note issued on Thursday.

Several other brokerages have also commented on DHX. TheStreet raised shares of DHI Group from a “c” rating to a “b-” rating in a research report on Wednesday, February 9th. B. Riley increased their price objective on shares of DHI Group from $8.50 to $9.00 in a research report on Thursday, May 5th. Finally, Zacks Investment Research lowered shares of DHI Group from a “hold” rating to a “sell” rating in a research report on Monday. One investment analyst has rated the stock with a sell rating and three have given a buy rating to the company’s stock. According to data from MarketBeat, DHI Group presently has an average rating of “Buy” and a consensus price target of $8.08.

DHX stock opened at $6.17 on Thursday. The firm has a market cap of $301.95 million, a price-to-earnings ratio of -9.35 and a beta of 1.30. The firm has a 50-day simple moving average of $5.81 and a two-hundred day simple moving average of $5.66. DHI Group has a one year low of $2.76 and a one year high of $6.62. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.39 and a current ratio of 0.43.

DHI Group (NYSE:DHXGet Rating) last announced its quarterly earnings data on Wednesday, May 4th. The technology company reported $0.03 EPS for the quarter, beating the consensus estimate of ($0.01) by $0.04. DHI Group had a negative net margin of 24.39% and a positive return on equity of 0.61%. During the same period last year, the company posted $0.02 earnings per share. As a group, equities analysts predict that DHI Group will post 0.03 earnings per share for the current fiscal year.

DHI Group declared that its board has initiated a share repurchase program on Tuesday, February 15th that allows the company to buyback $15.00 million in shares. This buyback authorization allows the technology company to purchase up to 5.2% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s management believes its stock is undervalued.

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Dimensional Fund Advisors LP raised its position in DHI Group by 0.4% during the 4th quarter. Dimensional Fund Advisors LP now owns 3,715,195 shares of the technology company’s stock worth $23,182,000 after buying an additional 13,500 shares during the last quarter. Renaissance Technologies LLC raised its position in DHI Group by 2.3% during the 4th quarter. Renaissance Technologies LLC now owns 2,821,810 shares of the technology company’s stock worth $17,608,000 after buying an additional 63,300 shares during the last quarter. Acadian Asset Management LLC raised its position in DHI Group by 1.2% during the 4th quarter. Acadian Asset Management LLC now owns 1,213,111 shares of the technology company’s stock worth $7,567,000 after buying an additional 14,653 shares during the last quarter. Royce & Associates LP grew its stake in shares of DHI Group by 22.3% during the 1st quarter. Royce & Associates LP now owns 1,032,014 shares of the technology company’s stock worth $6,140,000 after purchasing an additional 188,000 shares during the period. Finally, BlackRock Inc. grew its stake in shares of DHI Group by 0.8% during the 4th quarter. BlackRock Inc. now owns 754,390 shares of the technology company’s stock worth $4,707,000 after purchasing an additional 5,653 shares during the period. 74.00% of the stock is owned by institutional investors.

DHI Group Company Profile (Get Rating)

DHI Group, Inc provides data, insights, and employment connections through specialized services for technology professionals in the United States, the United Kingdom, rest of Europe, the Middle East, Africa, the Asia Pacific, and internationally. The company operates Dice that offers job postings of technology and non-technology companies for industries, such as positions for software engineers, big data professionals, systems administrators, database specialists, project managers, and other technology and engineering professionals; and ClearanceJobs, an Internet-based career network, which matches security-cleared professionals with hiring companies searching for employees.

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