DHI Group’s (DHX) “Outperform” Rating Reaffirmed at Barrington Research

Barrington Research reissued their outperform rating on shares of DHI Group (NYSE:DHX) in a research note released on Tuesday,Benzinga reports. Barrington Research currently has a $10.00 price objective on the technology company’s stock.

Several other brokerages have also weighed in on DHX. Zacks Research upgraded shares of DHI Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, February 10th. Weiss Ratings reiterated a “sell (d)” rating on shares of DHI Group in a research report on Wednesday, January 21st. Finally, Lake Street Capital reissued a “hold” rating and issued a $2.50 price target (down from $3.00) on shares of DHI Group in a research note on Tuesday, November 11th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $6.25.

DHI Group Stock Performance

Shares of NYSE:DHX opened at $2.62 on Tuesday. The company has a current ratio of 0.44, a quick ratio of 0.44 and a debt-to-equity ratio of 0.32. DHI Group has a 1-year low of $1.21 and a 1-year high of $3.34. The stock has a market capitalization of $117.82 million, a P/E ratio of -8.73 and a beta of 1.37. The business has a 50-day moving average price of $1.99 and a two-hundred day moving average price of $2.15.

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

Institutional Trading of DHI Group

A number of large investors have recently made changes to their positions in DHX. Cubist Systematic Strategies LLC raised its stake in DHI Group by 258.8% during the 1st quarter. Cubist Systematic Strategies LLC now owns 20,920 shares of the technology company’s stock worth $29,000 after buying an additional 15,089 shares during the period. NewEdge Advisors LLC raised its position in shares of DHI Group by 122.3% during the first quarter. NewEdge Advisors LLC now owns 40,716 shares of the technology company’s stock worth $57,000 after purchasing an additional 22,399 shares during the period. Goldman Sachs Group Inc. lifted its holdings in shares of DHI Group by 37.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 316,808 shares of the technology company’s stock valued at $440,000 after purchasing an additional 86,631 shares in the last quarter. Jane Street Group LLC lifted its holdings in shares of DHI Group by 229.4% during the 1st quarter. Jane Street Group LLC now owns 96,005 shares of the technology company’s stock valued at $133,000 after purchasing an additional 66,861 shares in the last quarter. Finally, Geode Capital Management LLC grew its position in shares of DHI Group by 1.2% in the 2nd quarter. Geode Capital Management LLC now owns 361,314 shares of the technology company’s stock valued at $1,073,000 after purchasing an additional 4,188 shares during the period. 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.