DHI Group (NYSE:DHX) Rating Increased to Strong-Buy at StockNews.com

StockNews.com upgraded shares of DHI Group (NYSE:DHXGet Rating) from a buy rating to a strong-buy rating in a research note published on Friday morning.

Several other research analysts have also commented on DHX. TheStreet lowered DHI Group from a b- rating to a c rating in a research report on Friday, May 20th. B. Riley lifted their price target on DHI Group from $8.50 to $9.00 in a research note on Thursday, May 5th.

DHI Group Stock Up 8.5 %

Shares of NYSE DHX opened at $4.59 on Friday. The business has a 50-day moving average price of $5.39 and a 200 day moving average price of $5.68. The company has a quick ratio of 0.43, a current ratio of 0.38 and a debt-to-equity ratio of 0.28. The stock has a market cap of $222.62 million, a PE ratio of 459.46, a price-to-earnings-growth ratio of 2.60 and a beta of 1.33. DHI Group has a 52-week low of $3.62 and a 52-week high of $7.57.

DHI Group (NYSE:DHXGet Rating) last released its quarterly earnings data on Wednesday, May 4th. The technology company reported $0.01 earnings per share for the quarter, beating the consensus estimate of ($0.01) by $0.02. The firm had revenue of $34.33 million during the quarter, compared to the consensus estimate of $32.48 million. DHI Group had a return on equity of 0.44% and a net margin of 0.40%. During the same period last year, the business posted $0.02 EPS. Equities research analysts forecast that DHI Group will post 0.07 earnings per share for the current year.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in DHX. Invenire Partners LP bought a new stake in DHI Group during the fourth quarter worth about $3,736,000. Invesco Ltd. acquired a new stake in DHI Group in the first quarter worth $2,168,000. Assenagon Asset Management S.A. acquired a new stake in DHI Group in the fourth quarter worth $2,087,000. Royce & Associates LP raised its holdings in DHI Group by 22.3% in the first quarter. Royce & Associates LP now owns 1,032,014 shares of the technology company’s stock worth $6,140,000 after purchasing an additional 188,000 shares during the period. Finally, Wexford Capital LP acquired a new stake in DHI Group in the fourth quarter worth $1,110,000. Institutional investors and hedge funds 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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