DHI Group (NYSE:DHX) Downgraded by StockNews.com to Buy

StockNews.com lowered shares of DHI Group (NYSE:DHX) from a strong-buy rating to a buy rating in a research report released on Friday morning.

Separately, Barrington Research reissued an outperform rating and issued a $7.00 target price on shares of DHI Group in a report on Tuesday, May 28th.

DHI Group Trading Down 1.5 %

Shares of DHI Group stock opened at $2.00 on Friday. DHI Group has a fifty-two week low of $1.85 and a fifty-two week high of $4.22. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.52 and a current ratio of 0.52. The company has a market capitalization of $96.68 million, a P/E ratio of 50.01 and a beta of 1.03. The company has a fifty day moving average of $2.14 and a 200 day moving average of $2.37.

DHI Group (NYSE:DHX) last released its quarterly earnings data on Wednesday, May 8th. The technology company reported $0.05 earnings per share for the quarter, topping analysts’ consensus estimates of $0.03 by $0.02. The firm had revenue of $36.03 million during the quarter, compared to analyst estimates of $35.97 million. DHI Group had a return on equity of 5.72% and a net margin of 1.02%. During the same quarter in the prior year, the company posted $0.01 earnings per share. On average, sell-side analysts anticipate that DHI Group will post 0.17 earnings per share for the current fiscal year.

Institutional Investors Weigh In On DHI Group

Large investors have recently made changes to their positions in the company. SG Americas Securities LLC boosted its stake in DHI Group by 24.5% during the fourth quarter. SG Americas Securities LLC now owns 23,436 shares of the technology company’s stock valued at $61,000 after buying an additional 4,617 shares during the last quarter. Archon Capital Management LLC grew its holdings in shares of DHI Group by 0.3% in the first quarter. Archon Capital Management LLC now owns 2,009,490 shares of the technology company’s stock valued at $5,124,000 after purchasing an additional 6,366 shares in the last quarter. BNP Paribas Financial Markets increased its position in DHI Group by 76.9% in the first quarter. BNP Paribas Financial Markets now owns 21,329 shares of the technology company’s stock worth $54,000 after purchasing an additional 9,274 shares during the last quarter. Perritt Capital Management Inc. raised its stake in DHI Group by 10.9% during the first quarter. Perritt Capital Management Inc. now owns 155,000 shares of the technology company’s stock valued at $395,000 after purchasing an additional 15,200 shares in the last quarter. Finally, Virtu Financial LLC bought a new position in DHI Group during the first quarter valued at $39,000. 69.26% of the stock is owned by institutional investors.

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.