DHI Group (NYSE:DHX) Earns Outperform Rating from Barrington Research

DHI Group (NYSE:DHX)‘s stock had its “outperform” rating reaffirmed by Barrington Research in a research report issued on Thursday,Benzinga reports. They currently have a $10.00 target price on the technology company’s stock. Barrington Research’s price objective suggests a potential upside of 385.44% from the company’s current price.

DHX has been the topic of several other reports. Lake Street Capital restated a “hold” rating and set a $2.50 price target (down from $3.00) on shares of DHI Group in a research report on Tuesday, November 11th. Weiss Ratings reissued a “sell (d)” rating on shares of DHI Group in a research note on Wednesday, January 21st. One equities research analyst has rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $6.25.

DHI Group Price Performance

DHX stock opened at $2.06 on Thursday. The firm has a market cap of $97.15 million, a P/E ratio of -6.87 and a beta of 1.48. The firm’s fifty day moving average is $1.69 and its 200 day moving average is $2.16. DHI Group has a 52 week low of $1.21 and a 52 week high of $3.34. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.43 and a current ratio of 0.44.

DHI Group (NYSE:DHX) last posted its quarterly earnings results on Monday, November 10th. The technology company reported $0.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.06 by $0.03. DHI Group had a negative net margin of 10.26% and a positive return on equity of 10.91%. The business had revenue of $32.12 million during the quarter, compared to analyst estimates of $31.19 million. Research analysts predict that DHI Group will post 0.11 earnings per share for the current year.

DHI Group announced that its Board of Directors has authorized a share buyback program on Thursday, November 6th that allows the company to repurchase $5.00 million in outstanding shares. This repurchase authorization allows the technology company to repurchase up to 5.7% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company’s board believes its shares are undervalued.

Hedge Funds Weigh In On DHI Group

Hedge funds and other institutional investors have recently made changes to their positions in the business. Geode Capital Management LLC boosted its holdings in DHI Group by 1.2% in the second quarter. Geode Capital Management LLC now owns 361,314 shares of the technology company’s stock valued at $1,073,000 after acquiring an additional 4,188 shares in the last quarter. Ritholtz Wealth Management lifted its position in shares of DHI Group by 38.1% in the 2nd quarter. Ritholtz Wealth Management now owns 37,250 shares of the technology company’s stock worth $111,000 after purchasing an additional 10,285 shares during the period. Sei Investments Co. boosted its stake in shares of DHI Group by 22.3% during the 2nd quarter. Sei Investments Co. now owns 57,089 shares of the technology company’s stock valued at $170,000 after purchasing an additional 10,426 shares in the last quarter. Prudential Financial Inc. purchased a new position in shares of DHI Group during the second quarter valued at about $33,000. Finally, Assenagon Asset Management S.A. raised its stake in DHI Group by 36.4% in the fourth quarter. Assenagon Asset Management S.A. now owns 45,364 shares of the technology company’s stock worth $70,000 after buying an additional 12,110 shares in the last quarter. Institutional investors own 69.26% of the company’s stock.

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.