DHI Group (NYSE:DHX) Upgraded by Zacks Investment Research to “Hold”

DHI Group (NYSE:DHXGet Rating) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research note issued to investors on Friday, Zacks.com reports.

According to Zacks, “DHI Group, Inc. offer specialized websites which focused on select professional communities. The Company’s operating segment consists of Tech & Clearance, Finance, Energy, Healthcare, Hospitality and Corporate & Other. Tech & Clearance segment consists of the Dice.com, ClearanceJobs.com and The IT Job Board services as well as related career fairs. Finance segment represents the eFinancialCareers service. Energy reporting segment provides the Rigzone service and related career fairs. Healthcare segment includes HEALTHeCAREERS, Health Callings and BioSpace. Hospitality segment includes Hcareers and the Corporate. Other reporting segment consists of Slashdot Media, WorkDigital and corporate-related costs. DHI Group, Inc., formerly known as Dice Holdings, Inc., is headquartered in New York. “

DHX has been the subject of a number of other research reports. StockNews.com raised shares of DHI Group from a “hold” rating to a “buy” rating in a research report on Thursday, May 12th. 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, TheStreet upgraded shares of DHI Group from a “c” rating to a “b-” rating in a report on Wednesday, February 9th. One analyst has rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of $8.08.

Shares of NYSE:DHX traded down $0.10 during mid-day trading on Friday, reaching $6.53. 140,329 shares of the company were exchanged, compared to its average volume of 270,149. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.43 and a quick ratio of 0.43. The firm has a market cap of $319.57 million, a price-to-earnings ratio of -9.89, a P/E/G ratio of 4.45 and a beta of 1.30. The firm’s 50-day simple moving average is $5.93 and its 200 day simple moving average is $5.72. DHI Group has a 1 year low of $2.76 and a 1 year high of $6.99.

DHI Group (NYSE:DHXGet Rating) last posted its quarterly earnings data on Wednesday, May 4th. The technology company reported $0.01 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.02. The firm had revenue of $34.33 million during the quarter, compared to analysts’ expectations of $32.48 million. DHI Group had a negative net margin of 24.39% and a positive return on equity of 0.61%. During the same quarter last year, the company posted $0.02 EPS. On average, research analysts forecast that DHI Group will post 0.06 earnings per share for the current fiscal year.

DHI Group announced that its board has initiated a share buyback program on Tuesday, February 15th that allows the company to buyback $15.00 million in outstanding shares. This buyback authorization allows the technology company to purchase up to 5.2% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s leadership believes its shares are undervalued.

A number of institutional investors have recently added to or reduced their stakes in DHX. Nantahala Capital Management LLC raised its holdings in shares of 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 valued at $22,894,000 after purchasing an additional 121,585 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of DHI Group by 1.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 3,750,901 shares of the technology company’s stock valued at $22,318,000 after purchasing an additional 35,706 shares in the last quarter. Renaissance Technologies LLC raised its holdings in shares of DHI Group by 2.3% in the 4th quarter. Renaissance Technologies LLC now owns 2,821,810 shares of the technology company’s stock valued at $17,608,000 after purchasing an additional 63,300 shares in the last quarter. Vanguard Group Inc. raised its holdings in shares of DHI Group by 8.1% in the 1st quarter. Vanguard Group Inc. now owns 2,169,952 shares of the technology company’s stock valued at $12,911,000 after purchasing an additional 163,094 shares in the last quarter. Finally, Acadian Asset Management LLC raised its holdings in shares of DHI Group by 5.5% in the 1st quarter. Acadian Asset Management LLC now owns 1,280,001 shares of the technology company’s stock valued at $7,614,000 after purchasing an additional 66,890 shares in the last quarter. Institutional investors own 74.00% of the company’s stock.

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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