DHI Group, Inc. (NYSE:DHX) Stock Has Average Target Price of $6.75 According to Analysts

Shares of DHI Group, Inc. (NYSE:DHX) have earned a consensus rating of “Moderate Buy” from the five analysts that are currently covering the company, MarketBeat.com reports. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $6.75.

DHX has been the topic of a number of recent analyst reports. B. Riley Financial raised their target price on shares of DHI Group from $4.50 to $5.25 and gave the stock a “buy” rating in a research note on Thursday, August 6th. Weiss Ratings upgraded shares of DHI Group from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, October 8th. Lake Street Capital upgraded shares of DHI Group from a “hold” rating to a “buy” rating and set a $5.00 price target for the company in a research report on Thursday, August 6th. Finally, Zacks Research cut shares of DHI Group from a “strong-buy” rating to a “hold” rating in a research note on Thursday, August 6th.

DHI Group Stock Up 2.6%

NYSE DHX opened at $4.92 on Friday. The stock’s 50-day moving average price is $4.49 and its 200-day moving average price is $3.84. The company has a quick ratio of 0.44, a current ratio of 0.44 and a debt-to-equity ratio of 0.34. DHI Group has a 52 week low of $1.44 and a 52 week high of $5.19. The company has a market capitalization of $213.84 million, a P/E ratio of 164.22 and a beta of 1.24.

DHI Group (NYSE:DHX) last posted its quarterly earnings data on Wednesday, August 5th. The technology company reported $0.09 earnings per share for the quarter, beating analysts’ consensus estimates of $0.04 by $0.05. The firm had revenue of $31.34 million for the quarter, compared to analysts’ expectations of $30.88 million. DHI Group had a return on equity of 13.01% and a net margin of 0.97%. On average, equities research analysts predict that DHI Group will post 0.27 earnings per share for the current year.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. NewEdge Advisors LLC bought a new position in DHI Group in the 2nd quarter worth $588,000. Nantahala Capital Management LLC bought a new stake in DHI Group during the second quarter valued at about $8,807,640. Empowered Funds LLC bought a new stake in DHI Group during the second quarter valued at about $299,000. Bank of America Corp DE bought a new stake in DHI Group during the second quarter valued at about $189,000. Finally, AWM Investment Company Inc. purchased a new position in shares of DHI Group in the second quarter valued at about $1,846,000. Hedge funds and other institutional investors own 69.26% of the company’s stock.

DHI Group Company Profile

DHI Group, Inc is a specialized career marketplace and recruiting-services company that connects employers with professionals in technology and national security. Its platforms support job advertising, candidate search, employer branding, recruitment marketing, and related hiring activities.

The company’s principal brands include Dice, which focuses on technology professionals and technology-related employment opportunities, and ClearanceJobs, which serves professionals who hold or seek U.S.