Barrington Research Reiterates “Outperform” Rating for DHI Group (NYSE:DHX)

Barrington Research reissued their outperform rating on shares of DHI Group (NYSE:DHX) in a research note issued to investors on Wednesday, Benzinga reports. The firm currently has a $7.00 target price on the technology company’s stock.

Separately, StockNews.com downgraded DHI Group from a strong-buy rating to a buy rating in a research note on Friday, August 2nd.

DHI Group Stock Performance

DHX opened at $1.76 on Wednesday. The company has a current ratio of 0.52, a quick ratio of 0.52 and a debt-to-equity ratio of 0.38. DHI Group has a 12-month low of $1.74 and a 12-month high of $3.99. The firm has a 50 day moving average of $2.10 and a two-hundred day moving average of $2.33. The firm has a market capitalization of $85.08 million, a PE ratio of 44.00 and a beta of 1.03.

DHI Group (NYSE:DHX) last issued its earnings results on Wednesday, August 7th. The technology company reported $0.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.04 by $0.02. DHI Group had a net margin of 1.02% and a return on equity of 5.72%. The firm had revenue of $35.83 million during the quarter, compared to analysts’ expectations of $36.10 million. During the same quarter last year, the company posted $0.02 earnings per share. On average, analysts anticipate that DHI Group will post 0.17 EPS for the current year.

Institutional Trading of DHI Group

A number of hedge funds have recently added to or reduced their stakes in the company. SG Americas Securities LLC raised its position in shares of DHI Group by 24.5% in the fourth quarter. SG Americas Securities LLC now owns 23,436 shares of the technology company’s stock worth $61,000 after acquiring an additional 4,617 shares during the period. First Eagle Investment Management LLC boosted its position in DHI Group by 35,594.4% during the fourth quarter. First Eagle Investment Management LLC now owns 158,126 shares of the technology company’s stock worth $410,000 after purchasing an additional 157,683 shares in the last quarter. Franklin Resources Inc. boosted its position in DHI Group by 47.5% during the fourth quarter. Franklin Resources Inc. now owns 531,181 shares of the technology company’s stock worth $1,376,000 after purchasing an additional 170,964 shares in the last quarter. Tieton Capital Management LLC grew its holdings in DHI Group by 13.3% in the fourth quarter. Tieton Capital Management LLC now owns 1,472,992 shares of the technology company’s stock valued at $3,815,000 after purchasing an additional 172,637 shares during the period. Finally, Pacific Ridge Capital Partners LLC increased its position in shares of DHI Group by 756.1% in the fourth quarter. Pacific Ridge Capital Partners LLC now owns 1,309,731 shares of the technology company’s stock valued at $3,392,000 after buying an additional 1,156,740 shares in the last quarter. 69.26% of the stock is owned by hedge funds and other 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.